UPS released their profits and revenue financials yesterday for the third quarter of 2024, with higher than expected profits despite a slowdown in online sales in the United States.
Profits were $2.0 billion, up 22.8% over last year. Revenue was up 5.6%, to $22.2 billion for the quarter.
US Package volume was up 6.6% compared to the third quarter of 2023.
Read more here.
The IBT and the Department of Justice have filed a joint motion in court to ask for approval on a plan to sunset federal oversight of the Teamsters. What does this mean for the future of anti-corruption efforts and International elections in our union?
An administrative law judge has ordered Amazon to recognize and bargain with Teamsters at the DCK6 delivery warehouse in San Francisco after finding the company violated federal labor law by refusing to recognize the union.
