Endorse Freight PactRepresentatives of local Teamster unions endorsed labor's tentative new freight contract with the country's largest trucking companies, Teamsters officials said.
The new three-year pact, which covers 200,000 truck drivers and freight handlers, now goes to the union's rank and file for ratification.
The presidents of the Teamsters' 277 local unions met in Chicago Thursday to review the new accord, which had been finalized by negotiators the day before. The contract calls for a 2.4 percent wage increase the first year and a 7.1 percent hike over the life of the agreement.
The pact also raises wages significantly for recently hired employees who had been working under an entry-level pay scale.
Ballots will be mailed to the rank and file within two weeks. The union expects to have vote results by early May. The contract can be defeated only if two-thirds of the members vote it down.
Five Dealers Named
For Iveco Network
BLUE BELL, Pa. - Iveco Trucks of North America Inc. has added five new franchises to its national dealer network.
The five dealers are Inland Empire White GMC of Riverside, Calif.; DiMarzo & Dellinger Truck Sales Inc. of Capitol Heights, Md.; Richardson Truck Sales & Service of Richmond, Ind.; Richardson Truck Sales Inc. of Terre Haute, Ind.; and Diesel Truck Sales Inc. of Saginaw, Mich.
Iveco said it continues to look for qualified dealers interested in offering its line of imported diesel trucks in Classes 3 through 6. For more information, contact Jim Goyert, senior director of sales network development, Iveco Trucks of North America, 4 Sentry Parkway, Blue Bell, Pa. 19422, (215) 825-3880.
New Concrete Crossties
JACKSONVILLE, Fla. - CSX Transportation is installing 50,000 concrete crossties on the railroad's Corbin Division EK Subdivision.
The new ties, which will be used on 20 miles of track near the eastern
Kentucky town of Jackson, are the largest installation of this type on CSXT's 21,600-route-mile, 20-state system, said Ronald W. Drucker, CSX Rail Transport's president.
He said other projects to be done this year include laying 200 miles of new rail, 400 miles of relay rail, resurfacing 8,700 miles of and installing 1.8 million wooden crossties.
RLC Corp. Acquires
Ala. Truck Rental Firm
WILMINGTON, Del. - RLC Corp. has completed the acquisition of the truck rental and leasing business of Truck Rentals of Alabama Inc., headquartered in Birmingham, Ala.
Truck Rentals of Alabama Inc. and its subsidiary, Truck Rentals of Louisiana Inc., operate 24 branch locations in Alabama, Louisiana, Florida and Georgia.
This acquisition will add approximately $30 million in revenue to RLC Corp.'s present $450 million, and will increase the number of truck leasing and rental facilities to 178 nationwide. RLC Corp. now will be servicing more than 16,000 lease and rental vehicles.
NS Starts New Policy
On Grain Shipments
ROANOKE, Va. - Norfolk Southern Corp. is allowing all shippers to load privately owned covered hoppers for grain and grain products originating on its rail lines.
Nationwide grain car supply has been tight, and NS points out that while it can make 10,000 covered hoppers of its own available, that number is not always sufficient to take care of periods of high demand.
The new policy, which began April 1, is expected to continue indefinitely, the carrier said.
Itel Corp. Unit to Buy
NJ Railcar Company
ENGLEWOOD, N.J. - Itel Rail, a subsidiary of Itel Corp., will acquire Rex- Noreco Inc. Rex-Noreco stockholders will receive $7.25 in cash for each share.
Itel Corp., headquartered in Chicago, is in three primary businesses: transportation services (railcar and container leasing), dredging, and the distribution of wiring systems products.