November 24, 2009: YRC has sold a specialized unit within YRC Logistics to Greatwide Logistics Services for $34 million, in a move to raise cash and downsize YRC's footprint. The contract carriage unit primarily serves five large customers, and accounts for about 15% of YRC Logistics' revenue. YRC will retain the great majority of the YRC Logistics operation.
Read more about the sale here.
Teamsters, Amazon delivery drivers, and labor allies picketed today on the steps of New York City Hall to support the Delivery Protection Act. City Councilmember Tiffany Cabán announced the bill now has supermajority support in the City Council.
The IBT has launched the Teamster History Project, which includes 27 unedited interviews with Teamsters who made it happen. It covers the years 1975-1999. Those interviewed include several TDU leaders, participants in the Carey administration, James Hoffa, along with two Hoffa lieutenants who were expelled from the union for corruption and self-dealing.
