TForce is on a roll, doing better in the profit column than in its previous life as UPS Freight. It finished the second quarter with an operating ratio of 90.1%

Reddaway Teamsters will decide on a tentative agreement with voting at local union halls on June 10 and 17. Overall results will be announced on June 18.

The Central States Pension Fund has issued a fact sheet regarding the Yellow companies and the pension. 

Now that the stock exchange shows YELL at the new marker for YRC Worldwide, what does this new branding mean for working Teamsters? First, it will mean consolidation and the need to protect jobs.

In a surprise move, UPS has sold UPS Freight to TFI, a Canadian trucking and logistics corporation. 

The US Treasury will loan YRCW $700 million under authorization from the CARES Act. $350 million will be used to make H&W and pension benefit payments, and the other $350 million will go to investment in tractors and trailers.

A May 9 Memo from the IBT Freight Division reports that arrangements have been made so that both active YRCW employees and employees laid off after March 1 will have the full 8 weeks of “Layoff Coverage" going forward from May 10 to continue health care coverage, if they are in TeamCare (Central States H&W). This includes both employees who have been actively working and those who may have already used up some of the “layoff coverage.” This extends H&W coverage for YRCW Teamsters presently laid off. Read the full memo for details. 

Today, TeamCare notified all locals and sent a letter to all YRCW Teamsters that YRC and Holland are delinquent on their March 2020 contributions and that they will be unable to pay contributions for work performed in April and May, which will mean a $75 million delinquency to the H&W Fund.

Freight Director Ernie Soehl told Teamster officials on a national conference call that he is in constant communication with freight employers regarding responses and operations during the COVID-19 epidemic.