Teamsters union officials are hailing a National Labor Relations Board district office’s ruling as a breakthrough in their effort to prove port drayage drivers should be classified as company employees.
International Brotherhood of Teamsters
21 Mar 2014
The Teamsters union said today that a settlement agreement announced by Region 21 of the National Labor Relations Board will open the door to drivers at Pacific 9 Transportation in Southern California to organize a union at the harbor trucking company.
19 Feb 2014
The Teamsters union and its allies say they’ve been scoring a series of recent victories in cases claiming port owner-operator drivers are misclassified as independent contractors instead of employees.
31 Jan 2014
YRC Worldwide will get an additional two weeks to pay or refinance $69.4 million in long-term debt as it closes a $300 million debt-for-equity swap.
30 Jan 2014
Less-than-truckload carrier UPS Freight increased revenue 5.3 percent in 2013 and 2.3 percent in the fourth quarter, thanks to volume and price gains.
30 Jan 2014
YRC Worldwide is racing to clear the last hurdles to securing $1.15 billion in refinancing before a February debt deadline.
29 Jan 2014
Fed up with chronic delays at container terminals, some truck drivers at the Port of New York and New Jersey are beginning to talk openly about parking their rigs and refusing assignments to the piers.
28 Jan 2014
With its new Teamsters contract in hand, YRC Worldwide launched a $300 million debt-for-equity exchange today, the next step in a major debt reduction and refinancing program.
27 Jan 2014
When YRC Worldwide’s Teamsters employees approved a five-year contract Jan. 26, they gave the struggling company more than just concessions needed to refinance $1.36 billion in debt and avoid bankruptcy. They gave the $4.9 billion trucking operator the chance to break free of a cycle of short-term crises and “reset” its business.
27 Jan 2014
YRC Worldwide’s Teamsters employees approved a five-year contract by a wide margin this weekend, giving the struggling trucking operator concessions needed to refinance $1.36 billion in debt.
24 Jan 2014
This weekend, about 26,000 YRC Teamsters will visit union halls across the country to vote on the second proposed contract aimed at extending wage and pension benefit concessions. Their vote will determine whether YRC Worldwide has a shot at refinancing $1.36 billion in long-term debt.
17 Jan 2014
The Teamsters union and YRC Worldwide reached a tentative contract agreement Friday that must be reviewed by local union leaders before being put to a vote.