July 1, 2015: The UPS Package Division has launched a public campaign to call on UPS to drop its support for the American Legislative Exchange Council (ALEC), because of ALEC’s extreme anti-union and anti-worker lobbying.
June 29, 2015: Teamsters and retirees across the union are battling to save our earned pension credits. If Hoffa's on our side, here's how he can show it.
Sysco Corp. pulled out of a $3.5 billion acquisition of US Foods after a federal judge blocked the takeover. Sysco now faces a $300 million breakup fee payment to US Foods as well as $12.5 million fee to Performance Food Group, which had agreed to buy some US Foods facilities.
Sysco intends to buy back $3 billion in shares over the next two years.
The Federal Trade Commission in February said it would seek a court order to prevent a merger because it would “eliminate significant competition in the marketplace.”
Senate appropriators on June 25 voted to include a provision that would allow the use of twin 33-foot trailers nationwide in a fiscal 2016 transportation funding bill. The provision, introduced as an amendment sponsored by Alabama Republican Sen. Richard Shelby, was adopted by a vote of 16 to 14, mostly along party lines. Sen. Jon Tester (D-Mont.) voted favorably on the amendment, while Appropriations Committee Chairman Thad Cochran (R-Miss.) opposed it.
A freight industry-created coalition that is using backdoor tactics to weaken truck safety rules has spent tens of millions of dollars on elections and lobbying in the past two election cycles, a Public Citizen analysis shows.
Sysco Corp.’s planned $3.5 billion takeover of US Foods Inc. was blocked by a federal judge, who said a merger of the food distribution giants would probably reduce competition and raise prices for hotels and restaurants. The Federal Trade Commission’s request to delay the proposed merger was granted by a federal judge in Washington on June 23. The case now shifts to the FTC’s in-house administrative court, where the agency will seek to permanently block the deal.
June 24, 2015: TDU members are joining the petition drive to give Teamsters a choice in the 2016 International Union election. Find out more and how you can help.
Six months after Congress approved reducing benefits promised to workers covered by certain troubled pension plans, the IRS and the Pension Benefit Guaranty Corp. have published proposed rules for how pension promises can be broken.
Mike Walden used a baseball metaphor in describing the introduction Thursday of federal legislation that would, if passed, eliminate pension cut provisions that are now law and could impact more than a million people in upcoming years.
UPDATED June 29, 2015: Some 150 retired and active Teamsters stood proud at the Capitol as the Keep our Pension Promises Act was introduced in the US House and Senate.