Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

Teamsters covered by the 2019 NMFA master contract employed at Yellow, Holland and New Penn will get a $1.00 per hour raise on April 1, which is the sum of a 40¢ contractual raise and a 60¢ COLA raise, pursuant to Article 33, section 4. Road drivers will get a 2.5¢ per mile bump.

IBT Freight Director John A. Murphy has issued a memo to Holland VP of Trucker Relations calling for an end to Holland’s use of Purchased Transportation by March 12, 2022.

ABF Teamsters will receive profit-sharing bonuses on February 16, according to a memo from the Teamsters Freight Division. 

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.