October 8, 2009: A U.S.-based shipping company is shutting down its operations in Edmonton Oct. 31 after its unionized employees refused to take cuts in their wages and benefits, says the company's Canadian president.
"It's a tough economy and people have to realize this," said YRC Reimer Canadian president Clayton Gording.
Click here to read more at the Edmonton Sun.
TDU will hold a national zoom call on Saturday, Aug. 14 for Teamsters who are volunteering to elect the O’Brien-Zuckerman Teamsters United Slate. Join candidates, campaign coordinators and Teamster activists for an update and to make plans to Get Out the Vote and win this fall. Click here to register.
The assets of the Central States Pension Fund fell to $9.8 at the end of March, a drop of $573 million in the first quarter. The fund projects forward that it will pay $2.83 billion in pension benefits this year, while taking in $651 million in employer contributions.
