August 4, 2015: James Hoffa has given up on protecting Teamster pensions, but not his own millionaire retirement plan. In 2014 the IBT put $65,004 of your dues money into Hoffa’s pension.
On July 20, I lost a friend and the Teamsters Union lost a warrior for workers, women’s rights when Gillian Furst passed away.
A Cook County judge has handed a stinging rebuke to John Coli, a major union backer of Mayor Rahm Emanuel, ordering him and a Teamsters local that represents more than 12,000 government employees to pay more than $2.3 million to resolve a lawsuit over a broken lease for offices in Des Plaines.
UPS Inc. announced it has agreed to buy truckload brokerage Coyote Logistics for $1.8 billion to expand its presence in the non-asset-based sector. The package carrier, which already has a small truckload brokerage as well as international brokerage and forwarding businesses, said in a statement that closing is expected within 30 days. Private equity company Warburg Pincus is selling the business that had $2.1 billion in sales last year and ranks No. 39 on the Transport Topics Logistics 50.
July 31, 2015: YRCW stock jumped 25% within minutes of today’s opening, following the second quarter report on YRCW’s best period in a decade. What will it mean for 20,000 Teamsters who made it possible?
Trucking company YRC Worldwide Inc. posted a second-quarter profit despite a 4.6 percent drop in sales from a year ago, when it lost money.
A Washington trucking company has been ordered to pay more than $20,000 in punitive damages to a truck driver whom the company suspended when he reportedly refused to drive because he felt too ill.
United Parcel Service Inc. is in talks to buy Coyote Logistics LLC, a provider of transportation and shipping services, according to people familiar with the matter.
UPS Inc. said it will buy 46 million gallons of renewable diesel over three years, 15 times greater than prior contracts, as the company seeks to further reduce carbon emissions. In its statement, the package company said the move will enable it to buy more than 12% of ground fuel from alternative sources within two years and become “one of the largest users of renewable diesel in the world”.