Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year.  Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.

Yellow’s proposed change of operations and Utility change of operations will combine Reddaway and YRC in the West, eliminating nine terminals, consolidating others, and creating a large number of Utility Driver positions. The “Super Regional” network plan calls for New Penn to be consolidated in the third quarter of this year, and Holland before the end of this year.

The Pension Benefit Guaranty Corporation announced last week that it approved a payment of $1.29 billion to the Graphic Communications Conference of the IBT Pension Plan, to prevent drastic pension cuts in the plan, which has 31,715 retirees and working Teamsters.

Today the CEO of TFI International, which owns TForce, gave an upbeat report following a very profitable first quarter. CEO Alain Bedard stated that the new ownership has barely scratched the surface of making TForce a money-maker and may achieve an incredible 80% operating ratio in a couple years.

Hoffa-era contract givebacks continue to pay off for UPS. The company made $3.662 billion in operating profit in the first quarter, a $300 million increase over the same period last year. The money is there and we’re going to come for it in the 2023 contract.

General President Sean O’Brien announced changes to the Package Division on a national report to UPS members over Zoom.

Learn from experienced union reps and shop stewards how to intervene in shop floor conflict between members and management. Registration is now closed. This free workshop will be held on Zoom on Sunday, April 24 at 12pm ET, 11am CT, 10am MT, 9am PT. Pre-registration is required. 

There is new progress in the hard-fought battle to protect pensions for millions of retirees. On April 1, 2022 the Central States Pension Fund got the green light to apply for funds under the Butch Lewis Act.

Against nearly impossible odds, the Amazon Labor Union (ALU), an independent union, is on the verge of winning the first NLRB union election at an Amazon warehouse in the US.

The 2021 LM-2 financial reports for union locals, joint councils and the International are due by March 31, and are accessible at this US Department of Labor website. You can access a local union by putting “IBT” in the Abbreviation box, and then the local union number in the “designation number” box.