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April 9, 2014 - Industry News

Tempest Arises from Review of Size and Weight Study

Photo: Evan Lockridge

A preliminary review by the Transportation Research Board indicates possible weaknesses in the Department of Transportation’s Comprehensive Truck Size and Weight Study. Opponents of higher limits seized on the review as evidence for their cause.

Tags: U.S. DOT, FHWA, Size and Weight, Transportation Research Board, Congress, U.S. Department of Transportation, Teamsters, Advocates for Highway and Auto Safety

March 21, 2014 - Industry News

Settlement Reached Between California Port Truckers and Fleet

Port truck drivers for Pacific 9 Transportation in California have settled their difference against their carrier in labor dispute, giving them employee rights, including the right to form a union.

Tags: Drivers, California, Fleets, Teamsters, Port Trucking, NLRB, Labor Unions, Owner-Operators, Independent Contractors, Ports, Intermodal

February 19, 2014 - Industry News

New Report Slams Port Trucking Business Practices

Photo: Evan Lockridge

A new report claims to reveal the “enormous scale and shocking costs of an illegal business practice used by employers in the U.S. port trucking industry”

Tags: Drivers, Teamsters, Port Trucking, Independent Contractors, Ports, Intermodal, Owner-Operators

February 16, 2014 - Industry News

Arbitration Action Filed Against U.S. Over Mexican Trucking

Mexico’s biggest trucking association has filed a $30 billion dollar arbitration claim against the United States for refusing to fully open the country to trucks from south of the border, as called for in the North American Free Trade Agreement.

Tags: FMCSA, Cross-Border Trucking, Mexico, NAFTA, OOIDA, Safety & Compliance, Supreme Court, Teamsters, President Obama

February 14, 2014 - Industry News

YRC Worldwide Completes Debt Refinancing

The parent to several trucking companies YRC Worldwide has announced it has closed on the financing of a new $700 million term loan and a $450 million asset-based loan.

Tags: YRC, Fleets, Teamsters, YRC Worldwide

February 3, 2014 - Industry News

YRC Worldwide Successfully Closes $300 Million Debt Reduction

Trucking company parent YRC Worldwide has successfully completed a series of transactions that will cut its debt by approximately $300 million.

Tags: Drivers, Fleets, Teamsters, YRC Worldwide, YRC Freight

January 31, 2014 - Industry News

YRC Worldwide Successfully Amends Credit Agreement

YRC Worldwide continues to make progress when it comes to refinancing its debt following a preliminary agreement that was secured last month.

Tags: Fleets, Teamsters, YRC Worldwide

January 26, 2014 - Industry News

YRC Teamster Members Say Yes to Contract Extension

YRC Worldwide's teamster drivers have voted in favor of an offer that clears the way for a $1.4 billion refinancing plan.

Tags: Teamsters, YRC Worldwide, Fleets

January 22, 2014 - Industry News

YRC Teamsters Revote Set for This Weekend

Leaders from Teamster local unions representing workers at trucking giant YRC Worldwide, have overwhelmingly recommended approval of a revised tentative labor contract members will vote on this coming Saturday and Sunday.

Tags: Drivers, Fleets, Teamsters, YRC Worldwide

January 17, 2014 - Industry News

Teamsters and YRC Reach New Tentative Agreement Following Failed Vote

The Teamsters Union and YRC Worldwide announced Friday they reached a tentative agreement on a new labor contract, providing a pathway for substantial debt reduction and refinancing initiatives for the parent of several trucking operations.

Tags: Fleets, Teamsters, YRC Worldwide, LTL

January 16, 2014 - Industry News

YRC and Teamsters Back in Talks Following Failed Contract Vote

It’s back to the negotiation table for the financially troubled parent of several trucking companies, YRC Worldwide, following Teamsters Union employees voting down a contract extension.

Tags: Drivers, Fleets, Teamsters, YRC Worldwide

January 15, 2014 - Industry News

Independent Contractor Bill Signed into Law in New York

Credit: NY Governor's office

New York Gov. Andrew Cuomo has signed into law the New York State Commercial Goods Transportation Industry Fair Play Act, drastically changing how the state classifies independent contractors

Tags: New York, legislation, Fleets, Owner-Operators, Teamsters, Independent Contractors

January 13, 2014 - Industry News

UPS Freight Teamsters Approve New Contract

Teamsters union members at the trucking operation, UPS Freight, have voted overwhelmingly to ratify a new national five-year master agreement that increases wages, significantly strengthens pension benefits and takes on the issue of subcontracting.

Tags: Drivers, Fleets, Teamsters, UPS Freight

January 9, 2014 - Industry News

Teamsters Vote Down YRC Contract Extension

Teamsters Union truck drivers and other workers at the parent of less-than-truckload carriers, YRC Worldwide, have rejected the company’s proposal that would have extended and modified the existing labor contract until 2019, putting the company in jeopardy of having to file for bankruptcy.

Tags: Fleets, Teamsters, YRC Worldwide

January 7, 2014 - Industry News

YRC Worldwide Looking to Borrow More Than $1 Billion to Stay Afloat

The financially troubled parent of several trucking companies, including YRC Freight, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News.

Tags: Fleet Financing, Fleets, financials, Teamsters, YRC Worldwide

January 7, 2014 - Industry News

Teamsters Leaders Endorse New UPS Freight Contract

Teamster local union leaders representing UPS Freight workers across the country have endorsed a new tentative national agreement.

Tags: Drivers, UPS, Fleets, Teamsters, UPS Freight

December 23, 2013 - Industry News

YRC Worldwide Reaches Agreement to Reduce Debt by $300 Million

Christmas came a couple of days early for the parent of several less-than-truckload carriers, saying it has reached an agreement with certain holders of notes that will allow it to reduce debt by approximately $300 million.

Tags: Drivers, Fleets, Teamsters, YRC Worldwide

December 23, 2013 - Industry News

Supreme Court Schedules January Vote on Mexico Petition

The Supreme Court will decide January 10 whether or not to hear a petition to overturn the Obama administration’s pilot program for long-distance trucking across the U.S.-Mexico border.

Tags: Cross-Border Trucking, Mexico, NAFTA, OOIDA, Teamsters

December 20, 2013 - Industry News

UPS Freight and UPS Parcel Teamsters to Vote Next Month

After rejecting an earlier contract, Teamsters Union members at less-than-truckload carrier UPS Freight are set to vote next month on a new labor agreement.

Tags: UPS, Fleets, Teamsters, UPS Freight

December 18, 2013 - Industry News

Teamsters Express Concern About Sysco's Purchase of US Foods

The Teamsters Union is saying Sysco's acquisition of US Foods announced last week raises serious concerns for workers, stakeholders and customers as the combined company becomes the country's largest institutional/restaurant food service provider and one of the nation’s largest private truck fleets.

Tags: Fleets, Teamsters, Mergers & Acquisitions, Private Fleets, Sysco, US Foods

December 11, 2013 - Industry News

UPS Teamsters Inch Closer to Approving Contract

Teamster Union members at UPS parcel delivery business are moving closer bit-by-bit when it comes to approving a new contract.

Tags: UPS, Fleets, Teamsters, UPS Freight

December 9, 2013 - Industry News

Teamsters to Vote Soon on YRC Contract Extension

The parent to several trucking companies, YRC Worldwide, has announced that local union leaders of the Teamsters Union have approved sending the company's proposed changes to the current Memorandum of Understanding to its 26,000 YRCW members for a vote.

Tags: Drivers, Fleets, Teamsters, YRC Worldwide

December 5, 2013 - Industry News

ABF Closing 30 Terminals

Less-than-truckload carrier ABF Freight System is cutting its number of terminals from 277 to 247. In a “change of operations” filing with the Securities and Exchange Commission, ABF parent company Arkansas Best said it had already eliminated eight facilities in the second half of this year, with the rest still yet to close.

Tags: Fleets, Arkansas Best, Teamsters, ABF, LTL

December 3, 2013 - Industry News

YRC Looking to Wall Street for Dollars to Help Pay Debt

YRC hopes to raise nearly $29 million by selling 3 million shares of stock. Photo by Evan Lockridge

The financially troubled parent company to several fleets, YRC Worldwide, is looking to investors to help it pay off some debt, according to the Journal of Commerce.

Tags: Fleets, Teamsters, YRC Worldwide, LTL

November 18, 2013 - Industry News

Port of Los Angeles Truckers on Strike

Port of Los Angeles.

Truckers from three companies serving the Port of Los Angeles took to the picket lines Monday for a 36-hour strike that began at 5am, Pacific time.

Tags: Drivers, Port of Los Angeles, Teamsters, Port Trucking

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