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☆ Stocks are having their best run since 2021. Can they beat the August doldrums?
▼ + stars: | 2023-08-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

On average, August has been the worst performing month for stocks since 1986, according to Morningstar. That means the dwindling number of traders who remain must take extra care in a such a potentially volatile environment. 99-year-old trucking company Yellow shuts downYellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers, reports my colleague Chris Isidore. He said the company began taking on significant amount of debt 20 years ago in order to acquire other trucking companies. “Now their debt service is just enormous,” he said, pointing to $1.5 billion in debt on its books.

Persons: Morningstar, It’s, it’s, ”, Michael Landsberg, Landsberg, “, ” Jackson, Jerome Powell, Barbie, Barbie ”, “ Oppenheimer, Eva Rothenberg, “ Barbenheimer ”, “ Barbie, Chris Isidore, Satish Jindel, Tom Nightingale, Read Organizations: CNN Business, Bell, New York CNN, Nasdaq, Apple, Landsberg Bennett, Wealth Management, Federal Reserve Bank of Kansas, Fed, Dow, AMC, Oppenheimer AMC Theaters, CNN, Warner Bros, Corp, Teamsters, AFS Logistics, “ Locations: New York, Jackson Hole , Wyoming, Washington, Nashville , Tennessee

☆ Laid off Yellow drivers are going to have a tough time finding similar quality jobs
▼ + stars: | 2023-08-01 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

Roper, who turns 59 in October, said he’s not ready to retire and has already started applying for jobs elsewhere. He’s worked 28 years at Holland Freight, which Yellow bought in 2005. In contrast, less-than-truckload carriers have relatively low driver turnover, an average of 18% to 20%, according to Jindel, which means those jobs, already less numerous than truckload jobs, are open far more rarely. He said he’s already gotten some positive response from some of the LTL carriers he’s applied to, so he’s hopeful. But if that doesn’t work out, he said, he’ll consider looking at jobs in the truckload sector.

Persons: Mark Roper, Roper, he’s, hasn’t, He’s, “, ”, they’re, ” Roper, Satish Jindel, he’ll, Covid, Tom Nightingale Organizations: New, New York CNN, Holland Freight, CNN, UPS, ABF, Drivers, AFS Logistics, Teamsters Locations: New York, truckload

☆ Apollo leads deal for trucking firm Yellow's bankruptcy loan - Bloomberg News
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Rebecca Cook/File PhotoAug 1 (Reuters) - Creditors led by Apollo Global Management Inc (APO.N) are nearing a deal to provide Yellow Corp (YELL.O) with fresh cash during a coming bankruptcy, Bloomberg News reported, citing people familiar with the matter. Yellow declined to comment, while Apollo did not immediately respond to a Reuters request for comment. Yellow, formerly called YRC Worldwide, is the third-biggest U.S. trucking company. Yellow has $1.3 billion in debt payments due in 2024, including a $567.4 million term loan due in June and a $729.4 million U.S. Treasury loan due in September. Reporting by Priyamvada C in Bengaluru; Editing by Anil D'Silva and Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Cook, Yellow, Priyamvada, Anil D'Silva Organizations: REUTERS, Apollo Global Management Inc, Yellow Corp, Bloomberg News, U.S, YRC, Teamsters, USF, Treasury, Thomson Locations: Detroit , Michigan, Bengaluru

☆ US trucking firm Yellow shuts ops, to file for bankruptcy, Teamsters say
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

July 31 (Reuters) - Cash-strapped U.S. trucking company Yellow Corp (YELL.O) has ceased operations and is filing for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday. Yellow, formerly called YRC Worldwide, did not respond to a Reuters request for comment. The company was the third-biggest U.S. trucker specializing in the less-than-truckload segment that combines shipments from different customers in the same trailer. The Wall Street Journal reported the closure of the trucking firm's operations citing notices sent to customers and employees. On Monday, another 128 union members at YRC Freight Canada, a unit of Yellow, were told not to report for work.

Persons: Sean M O'Brien, Donald Trump, Yana Gaur, Urvi, Bharat Govind Gautam, Chris Reese, Stephen Coates, Nivedita Organizations: Yellow Corp, Teamsters Union, YRC, Teamsters, Walmart, Uber, Street Journal, YRC Freight, Thomson Locations: Nashville , Tennessee, YRC Freight Canada, Bengaluru

Yellow's demise underscores the shift in the U.S. trucking industry from too few trucks and truck drivers during the pandemic to too many today. Most U.S. trucking companies have about 20% spare capacity in their networks, Stifel analyst Bruce Chan said in a client note on Monday. Yellow struggled for more than a decade after loading up on debt from acquisitions of rival trucking firms Roadway and USF. Still, it is not good news for Yellow's customers, which likely will face double-digit price increases when they turn that business over to companies, Chan said. "If you weren't prepared for this, it's probably a pretty tough day for you," Adamo said of Yellow's customers.

Persons: Bruce Chan, Chan, Stifel's Chan, Donald Trump, Ken Adamo, it's, Adamo, Lisa Baertlein, Marguerita Choy Organizations: Yellow Corp, Walmart, Teamsters, Forward, TFI, FedEx Freight, Dominion, Apollo Global Management, Analytics, Thomson Locations: ANGELES, U.S, USF, Los Angeles

☆ 99-year old trucking company Yellow shuts down, putting 30,000 out of work
▼ + stars: | 2023-07-31 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —Yellow Corp., a 99-year old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers. The unionized company has been in a battle with the Teamsters union, which represents about 22,000 drivers and dock workers at the company. This is a sad day for workers and the American freight industry,” said Teamsters President Sean O’Brien in a statement. Eventually non-union carriers came to dominate the LTL segment as well. Yellow, Roadway and a third company known as CF or Consolidated Freightways had once been known as the Big Three of the trucking industry.

Persons: Satish Jindel, ”, Sean O’Brien, Jindel, “, Consolidated Freightways Organizations: New, New York CNN — Yellow Corp, Teamsters, CF, Consolidated, Yellow Corp Locations: New York, New Penn, Holland

☆ Teamsters blast bankruptcy-bound Yellow, cite $700 million Covid loan firm got from Trump White House
▼ + stars: | 2023-07-31 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Bankruptcy-bound trucking firm Yellow received a whopping $700 million in Covid pandemic relief loans three years ago after Trump administration officials pushed for it despite objections from the Defense Department. Yellow has repaid just $230 out of the $729.2 million in principal it still owes the U.S. Treasury for those loans, according to a government watchdog's report in May. The Teamsters Union, which represents Yellow workers, blasted the freight carrier in a statement Sunday and highlighted the Covid loans. The report said, "The loan's approval involved the intervention of top Trump Administration officials —potentially including the president," Donald Trump. "Secretary Mnuchin's communications confirm President Trump's interest in the loan approval," the subcommittee noted in a statement about the report.

Persons: Trump, Sean M O'Brien, Yellow, Donald Trump, Mark Meadows, Steven Mnuchin, Trump's Organizations: Defense Department, U.S . Treasury, Teamsters Union, Teamsters, CNBC, YRC, Trump Administration, Trump White House Locations: U.S

☆ Yellow Corp financial woes not economy-wide issue -White House adviser
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, July 31 (Reuters) - White House economic adviser Jared Bernstein on Monday said the reported impending bankruptcy of cash-strapped U.S. trucking company Yellow Corp (YELL.O) does not indicate an economy-wide problem. "So I think that this looks like a more of a Yellow story than an economy-wide one by a long shot," Bernstein said. Yellow Corp has ceased operations and is filing for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday. The company was the third-biggest U.S. trucker specializing in the less-than-truckload segment that combines shipments from different customers in the same trailer. "Nobody likes to see an event like this, as you say, practically a 100-year old company and iconic American Trucking Company and the job losses that you cited."

Persons: Jared Bernstein, Monday, Bernstein, Doina Chiacu, Bernadette Baum, Mark Potter Organizations: Yellow Corp, of Economic Advisers, CNBC, Corp, Teamsters Union, Teamsters, American Trucking Company, Thomson

☆ UPS labor deal could pressure delivery firm's annual outlook, say analysts
▼ + stars: | 2023-07-26 | by ( Aishwarya Nair | ) www.reuters.com time to read: +2 min

July 26 (Reuters) - A tentative labor deal between United Parcel Service (UPS.N) and the Teamsters union on Tuesday could pressure full-year outlook for the world's largest parcel delivery firm, according to analysts. UPS shares closed down 1.9% on Tuesday signaling investor worries about the labor deal's impact on costs. Analysts say the new agreement could weigh on the company's margins at a time when most operators are cutting costs to protect profits amid an industry-wide slowdown. Susquehanna analyst Bascome Majors expects the new deal could drive UPS' cost per piece 2.5% higher than the brokerage's current expectations. Meanwhile, Wells Fargo analyst Allison Poliniak estimated the new contract could reduce UPS' 2024 earnings per share by more than $1.

Persons: Stephens, Jack Atkins, Majors, Fadi Chamoun, Wells, Allison Poliniak, Aishwarya Nair, Priyamvada, Shounak Dasgupta Organizations: United Parcel Service, Teamsters, UPS, FedEx, Susquehanna, BMO, Thomson Locations: U.S, Bengaluru

Of course, that nickname started with his mother, who called her middle son by his initials, he said in an interview before the UPS deal was announced. O'Brien had warned UPS ahead of the deal not to "go down the road of being greedy, being more loyal to Wall Street than Main Street." O'Brien crisscrossed the country in the weeks ahead of a threatened UPS strike on Aug. 1, fortifying Teamster members' resolve with "practice" pickets and profanity-punctuated speeches. Nelson cheered on O'Brien after the UPS deal in a statement, calling the right to strike the "only countervailing force to capitalism that is otherwise unchecked ... UPS workers have until Aug. 22 to vote on the tentative deal.

Persons: Sean O'Brien, O'Brien, Steven Tolman, John Logan, Shawn Fain, Sara Nelson, Nelson, ROLLBACKS O'Brien, Steve Striffler, We've, Lisa Baertlein, Ben Klayman, Matthew Lewis Organizations: Teamsters, International Brotherhood of Teamsters, United Parcel Service, UPS, Workers, Unions, San Francisco State University, United Auto Workers, of Flight, Boston Local, company, University of Massachusetts, Boston Labor Resource Center, Thomson Locations: ANGELES, U.S, Massachusetts, Los Angeles

☆ UPS and Teamsters Union reach tentative labor deal
▼ + stars: | 2023-07-25 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

FILE PHOTO: UPS workers, who are members of the Teamsters Union, take part in a 'practice picket line' ahead of an upcoming possible strike, outside of a UPS Distribution Center in Brooklyn, New York, U.S., July 14, 2023. REUTERS/Brendan McDermid/File Photo(Reuters) -UPS has reached a tentative five-year labor deal with the Teamsters Union that represents about 340,000 U.S. workers at the parcel delivery firm, the company said, sending its shares up 2.3% on Tuesday. A 10-day strike at UPS could have cost the U.S. economy more than $7 billion, a think tank specializing in the economic impact of labor actions said. UPS currently handles about 20 million packages a day - about quarter of the parcel shipments in the United States. The tentative contract deal must now be ratified by the workers.

Persons: Brendan McDermid, Sean M, O’Brien, Carol Tomé Organizations: Teamsters Union, UPS, REUTERS, FedEx, Anderson Economic Group, AEG Locations: Brooklyn , New York, U.S, Michigan, United States

☆ UPS reaches deal with Teamsters union to avoid massive strike
▼ + stars: | 2023-07-25 | by ( Hannah Towey | ) www.businessinsider.com time to read: +2 min

UPS on Tuesday made a tentative agreement with the Teamsters union, avoiding a humongous strike. The union represents about 340,000 UPS package handlers and delivery drivers. UPS on Tuesday reached a tentative agreement with the Teamsters union, avoiding a massive strike by its roughly 340,000 unionized workers, which could have had broad economic effects. The tentative agreement sets a new minimum wage for part-time UPS workers of $21 an hour. Under the agreement, UPS will no longer schedule mandatory overtime shifts during Teamster drivers' days off.

Persons: Carol Tomé, We've, Sean O'Brien, Martin Luther King Jr Organizations: Teamsters, Morning, UPS, Workers

3M posted $7.99 billion in revenue, beating analysts' estimates of $7.87 billion, according to Refinitiv. Elsewhere, RTX reported second-quarter earnings that topped Wall Street expectations, posting $1.29 in adjusted earnings per share on $18.32 billion in revenue. The home appliance company posted revenue of $4.79 billion, lower than the consensus estimate of $4.82 billion, according to Refinitiv. It did beat on earnings expectations, reporting adjusted earnings of $4.21 per share, higher than the $3.76 estimate. The company notched adjusted earnings per share of $3.29, while analysts estimated $2.70 per share.

Persons: Refinitiv, RTX, it's, Biogen, Morgan Stanley, FactSet, General Motors, Invesco, Andrew Schlossberg, BTIG, Sherwin, Williams, Yun Li, Samantha Subin, Sarah Min, Tanaya Macheel, Brian Evans, Alex Harring Organizations: Spotify, Alaska Air, Pratt & Whitney, Airbus, General, GE, Whirlpool, Revenue, LG Electronics, LG Energy, GM, Refinitiv, UPS, Teamsters, Xerox –, Xerox, Packaging Corp, America, Secure

☆ UPS and Teamsters to restart talks in effort to avoid strike
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

LOS ANGELES, July 25 (Reuters) - United Parcel Service (UPS) (UPS.N) and the Teamsters union representing 340,000 employees at the package delivery firm plan to meet on Tuesday in an effort to avert a threatened strike on Aug. 1. The scheduled meeting, which both sides have confirmed, would be the first since UPS labor contract negotiators deadlocked on July 5. One estimate put the potential economic impact of a 10-day UPS strike at more than $7 billion, the costliest in modern times. That estimate from Michigan-based Anderson Economic Group includes UPS customer losses of $4.6 billion, lost wages of $1.1 billion and company losses of $816 million. "The vast, vast, vast majority of shareholders are eager to see a strike averted," New York City Comptroller Brad Lander told Reuters.

Persons: Brad Lander, Lander, Lisa Baertlein, Jamie Freed Organizations: United Parcel Service, Teamsters, International Brotherhood of Teamsters, UPS, Anderson Economic Group, York, Reuters, New York Retirement Systems, Thomson Locations: ANGELES, Michigan, York City, Los Angeles

☆ Bernstein: As UPS nears a potential strike, we might see a trade-up in FedEx
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein: As UPS nears a potential strike, we might see a trade-up in FedExDavid Vernon, Senior Analyst at Bernstein, discusses the potential labor strike between UPS and the Teamsters union, and which stocks will be most impacted.

Persons: Bernstein, FedEx David Vernon Organizations: UPS, FedEx, Teamsters

However, they do make less than full-time employees who make, on average, $95,000 a year, as CNN previously reported. UPS workers hold placards at a rally held by the Teamsters Union on July 19, 2023 in Los Angeles, California. “So, the [UPS] supply chain solutions will take a huge hit.”According to O’Brien, a strike would be felt both domestically and internationally. “The packages don’t move unless we move them … we’re the ones that are making all that money and we don’t see it. How is that fair?”Laster said the company has “already gotten our blood, our sweat and our tears … just give us what we’ve worked for.”

Persons: Sean O’Brien, “ We’ve, CNN’s Isabel Rosales, O’Brien, Frederic J . Brown, ”, Elizabeth Laster, ” Laster, we’ve Organizations: New, New York CNN, UPS, strategized, CNN, Teamsters Union, Getty, teamsters Locations: New York, Atlanta, Los Angeles , California, AFP

☆ United Parcel Service, Teamsters union to resume labor talks on Tuesday
▼ + stars: | 2023-07-22 | by ( ) www.reuters.com time to read: +1 min

July 22 (Reuters) - United Parcel Service (UPS.N) said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000 employees, an effort to avert a strike that could roil supply chains and harm the economy. The two sides in April began talks on a contract covering the company's U.S. drivers, package handlers and loaders. A spokesperson for the International Brotherhood of Teamsters confirmed the Tuesday talks and pointed to a statement detailing its goals for a five-year agreement that increases pay and full-time jobs, and strengthens protections for workers. The company started negotiations "prepared to increase the already industry-leading pay and benefits we provide our full and part-time union employees and are committed to reaching an agreement that will do just that." However, they remain at odds over pay increases for part-time workers who sort packages and load trucks.

Persons: Lisa Baertlein, Gary McWilliams, Diane Craft Organizations: United Parcel Service, Teamsters, International Brotherhood of Teamsters, UPS, Thomson Locations: U.S, Atlanta, Los Angeles

The world's biggest package delivery firm and the International Brotherhood of Teamsters have until midnight on July 31 to reach a contract deal covering some 340,000 workers that sort, load and deliver packages in the United States. If a deal is not done by the deadline, UPS workers have vowed to strike. A 10-day strike could cost the U.S. economy more than $7 billion, according to a recent estimate from Anderson Economic Group. "A new Teamsters deal could drive cost per piece (about) 2% higher than current expectations," Susquehanna analyst Bascome Majors said in a client note this week. Reporting by Lisa Baertlein in Los Angeles Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Bascome Majors, Alfredo Ortiz, Bernie Marcus, we're, Ortiz, Lisa Baertlein, Chris Reese Organizations: Wednesday, United Parcel Service, Teamsters, International Brotherhood of Teamsters, UPS, Anderson Economic, Retail Industry, Association, Network, Home, Thomson Locations: ANGELES, U.S, United States, Susquehanna, Los Angeles

☆ UPS is on the brink of a strike. A 10-day work disruption would be the costliest in modern history.
▼ + stars: | 2023-07-19 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

A 10-day UPS strike could cost the US economy over $7 billion, according to a new report. UPS and the Teamsters union representing 340,000 UPS employees have until July 31 to negotiate a new contract. That would make it the costliest work disruption in 100 years, and the largest strike against a single employer in US history, the firm found. If UPS and the Teamsters union representing 340,000 employees don't agree to a new contract by then, the strike could commence. In preparation for a strike, UPS has been training their more than 100,000 non-union employees to take over some work.

Persons: It's Organizations: UPS, Teamsters, Service, Privacy, Anderson Economic Group, Retailers, FedEx, USPS Locations: Wall, Silicon

☆ UPS and Teamsters to meet next week ahead of looming strike
▼ + stars: | 2023-07-19 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

CNN —Negotiations will resume next week between UPS (UPS) and the Teamsters union, which represents 340,000 UPS (UPS) workers, ahead of a looming nationwide strike. The Teamsters National Negotiating Committee and the company will set dates soon to resume negotiations next week,” the UPS Teamsters said in a statement about the renewed negotiations Wednesday. A UPS spokesperson says that part-timers receive the same benefits as full-time workers, including healthcare, a pension, and help with school tuition. Several part-time union workers who spoke to CNN say they believe $22-25 an hour is a livable hourly starting wage. The union also said it can take years for part-time workers to become full-time workers.

Organizations: CNN, UPS, Teamsters, UPS Teamsters, Negotiating

☆ Study estimates a 10-day UPS strike could be most costly in US history at $7.1 billion
▼ + stars: | 2023-07-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —A 10-day UPS strike could cost the US economy $7.1 billion. The union has said it will go on strike August 1 without an agreement on a new contract. The Teamsters union did not have an immediate comment on the study. The $7.1 billion cost estimates would nearly double the $4.2 billion total economic hit of the costliest recent strike, the 2019 strike at General Motors. He said that the cost of the strike would be limited if it only lasts a couple of days, but would increase rapidly after that.

Persons: ”, Glenn Zaccara, Patrick Anderson, Anderson Organizations: New, New York CNN, UPS, Anderson Economic Group, Teamsters, Anderson Economic, General Motors Locations: New York, Michigan

☆ Potential UPS strike could cost customers over $4 bln - report
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: 1 min

July 13 (Reuters) - A potential strike by about 340,000 workers of The Teamsters Union against United Parcel Service (UPS.N) could cause its customers to incur losses in excess of $4 billion, according to an analysis released by a consulting firm on Thursday. A 10-day strike would likely furlough those workers who are currently earning annual wages of about $90,000 per year (excluding benefits), resulting in wage losses of $1.1 billion, Anderson Economic Group said. Reporting by Priyamvada C in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: Priyamvada, Pooja Desai Organizations: The Teamsters Union, United Parcel Service, Anderson Economic, Thomson Locations: Bengaluru

☆ Why the Fed is still likely to raise rates after cooler June jobs data
▼ + stars: | 2023-07-09 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

But beneath the surface, the jobs market remains hot. What’s next: The June Consumer Price Index report, a key inflation reading, is due on Wednesday. The Producer Price Index report for June is due on Thursday. Wednesday: Consumer Price Index report and housing starts for June. Thursday: Producer Price Index report for June.

Persons: ”, Joseph Davis, What’s, That’s, James Ragan, DA Davidson, Candice Tse, Price, Chris Isidore, Biden, Julie Su Organizations: CNN Business, Bell, CNN, Vanguard, Traders, DA, Goldman Sachs Asset Management, UPS, Teamsters, NY, Reserve’s Survey, University of Michigan

☆ The US economy can’t function smoothly without UPS. That’s why a strike will hurt
▼ + stars: | 2023-07-07 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

That’s why there is so much at stake in contract negotiations between UPS and the Teamsters union. Without a deal, 340,000 Teamsters are preparing to go on strike at the nation’s largest trucking company starting August 1. A UPS strike could spread disruptions like that across much of the country. Their ability to adjust and find alternatives, it’s going to be challenging.”The economy has changed radically in the 26 years since the last UPS strike in 1997. UPS won’t comment on its contingency plans, saying it is focused on reaching a deal that would avoid a strike.

Persons: ”, Patrick Anderson, It’s, “, Sean O’Brien, O’Brien, it’s, Holly Wade, Satish Jindel, Mike Eisner, Jindel, Eisner, Tommy Storch, you’ll, it’ll, ” Storch Organizations: New, New York CNN, UPS isn’t, UPS, Teamsters, Anderson Economic Group, CNN, “ Shipping, National Federation of Independent Business, FedEx, US Postal Service, Postal Service, USPS Locations: New York, Michigan

WASHINGTON, July 7 (Reuters) - Acting U.S. Labor Secretary Julie Su said on Friday she does not see a need at this stage to step in to urge parties to reach a deal in contract talks between the Teamsters Union and United Parcel Service (UPS.N). "That is right," Su said on CNN when asked if she felt there was no need for her to intervene at this stage. On Wednesday, the Teamsters said UPS "walked away" from negotiations over a new contract. If talks break down, UPS workers have already authorized a strike that would be their first since 1997. Su recently helped negotiate a crucial contract deal between U.S. West Coast seaport employers and a union representing 22,000 workers.

Persons: Julie Su, Su, Karine Jean, Pierre, Joe Biden's, Jean, Pierre said, Kanishka Singh, Nandita Bose, David Holmes, David Gregorio Our Organizations: Labor, Teamsters Union, United Parcel Service, CNN, Teamsters, UPS, White, U.S ., Thomson Locations: U.S . West Coast, Washington

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