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The day Congress went back to fourth grade
  + stars: | 2023-11-15 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +12 min
The 118th Congress, which took an initial step to punt funding deadlines to the winter, looked more like a fourth grade class on a day that will further erode trust in government ahead of next year’s elections. Across Capitol Hill in the world’s so-called greatest deliberative body, Oklahoma Republican Sen. Markwayne Mullin was spoiling for a prize fight. Senate Republican leader Mitch McConnell, however, suggested that policing the Capitol was beyond even his wily capacity to enforce discipline within his conference. And only in the malfunctioning Congress would a speaker try to prevent one government shutdown by laying the possible path for two others. Israel and Ukraine have nothing to thank Congress forThe most glaring example of Congress’ failure to fulfill its duty on Tuesday came at a pro-Israel demonstration on the National Mall.
Persons: Joe Biden’s, Xi Jinping, Kevin McCarthy –, , Tim Burchett, CNN’s Manu Raju, McCarthy, Oklahoma Republican Sen, Markwayne Mullin, Sean O’Brien, Mullin, O’Brien, ” Mullin, , ” O’Brien, Vermont Sen, Bernie Sanders, let’s, ” Sanders, , Jared Moskowitz, James Comer, Comer, leafing, Moskowitz couldn’t, Gargamel, Marjorie Taylor Greene, Georgia –, Darrell Issa, Alejandro Mayorkas, Greene, Donald Trump, ” McCarthy, Dakota Sen, John Thune –, Mitch McConnell, who’s, Mike Johnson’s, Johnson, ” Rep, Patrick McHenry, Tom Cole, Trump, Joe Biden, Chuck Schumer, Hakeem Jeffries, Iowa GOP Sen, Joni Ernst, Biden, Vladimir Putin, hasn’t, he’d, ” Connecticut Democratic Sen, Chris Murphy Organizations: CNN, 118th, Republican, GOP, Tennessean, Oklahoma Republican, International Brotherhood of Teamsters, Health, Education, Labor, Pensions, Sooner, Martial Arts, Democratic, Biden, Florida Democrat, Capitol, Georgia Republican, Homeland, Capitol ., Congressional, Senate Republican, Capitol Police, Kentucky Republican, Republicans, , CNBC, , Congress, House Democratic, Iowa GOP, Internal Revenue Service, Senate, White, ” Connecticut Democratic Locations: Israel, Ukraine, Washington, China, Oklahoma, Vermont, Florida, Kentucky, Georgia, California, Capitol . Congress, Dakota, Gaza, Iowa, “ Ukraine, ” Connecticut
The moderate West Virginia Democrat said Wednesday that he would never want to be a “spoiler” who contributed to getting any other candidate elected. Manchin said it would be “dangerous” to give Trump another term. “Because I Endorsed Big Jim Justice of West Virginia for the U.S. Senate, and he has taken a commanding lead, Democrat Joe Manchin has decided not to seek re-election. Manchin would have had a difficult path to reelection as the only remaining Democratic statewide officeholder in West Virginia, likely running against either GOP U.S. Rep. Alex Mooney or Gov. Manchin has long been friendly with No Labels, which has already begun holding private conversations with potential presidential nominees, Manchin among them.
Persons: Virginia Sen, Joe Manchin, Donald Trump, , ” Manchin, Manchin, , , Trump, Joe Biden, nudging, West Virginia governor's, Big Jim, Jim, Alex Mooney, Jim Justice, Utah Sen, Mitt Romney, I’ve, Manchin's, Sen, Markwayne Mullin, Sean O’Brien, Donald Trump’s, “ It’s, I’m, ’ ”, , ” “, we’re Organizations: , Trump, West Virginia Democrat, Democratic, West Virginia, Senate, Big, U.S . Senate, GOP U.S . Rep, Utah, Federal, Commission, Republican, Oklahoma, International Brotherhood of Teamsters, Republicans, West Virginia Democrats, West, Washington Democrat Locations: CHARLESTON, W.Va, Virginia, America, West Virginia, Virginia’s, West, U.S, Washington
Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. ‘U.F.C.-SPAN’Senator Markwayne Mullin, Republican of Oklahoma, challenged Sean M. O’Brien, the president of the International Brotherhood of Teamsters, to a physical fight during a Senate committee hearing on Tuesday. Jimmy Kimmel joked that the hearing had turned into “U.F.C.-SPAN all of a sudden.” Senator Bernie Sanders, independent of Vermont and the chairman of the panel, had to step in and demand the two behave like U.S. lawmakers.
Persons: U.F.C, Markwayne Mullin, Sean M, Jimmy Kimmel, Bernie Sanders Organizations: Netflix, SPAN, Republican, International Brotherhood of Teamsters Locations: Oklahoma, Vermont
REUTERS/Elizabeth Frantz Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - An Oklahoma senator challenged Teamsters President Sean O'Brien to a fight during a Senate hearing on Tuesday rising from his seat, before the committee chair stepped in defuse the confrontation. The verbal sparring began after Republican Senator Markwayne Mullin paraphrased from a June tweet posted by O'Brien about the Senator: "...What a clown, a fraud. Mullin then rose for his seat after O'Brien said "You stand your butt up, big guy" as the two traded further barbs. At that point Sanders, who was chairing the hearing with union presidents, said to Mullin: "You're a United States senator, sit down." Mullin again later in the hearing challenged O'Brien to fight for charity in April.
Persons: Sean M, Elizabeth Frantz, Sean O'Brien, Markwayne Mullin, O'Brien, Mullin, Sanders, Chris Sanders, Nick Zieminski Organizations: Brotherhood of Teamsters, Health, Education, Labor, REUTERS, Rights, United, Thomson Locations: Washington , U.S, An Oklahoma, United States
THE TAKERepublicans and Democrats pushing Treasury could benefit Jack Cooper, one the largest U.S. privately owned auto transport companies, making its long-shot bid to rescue Yellow from bankruptcy liquidation more likely. Making Yellow’s "loan repayment terms more flexible, is a commonsense step to keep Yellow’s trucks on the road, and keep its workforce gainfully employed," he wrote. Yellow's assets include 12,000 trucks and 35,000 trailers, along with hundreds of terminals, according to its bankruptcy court filing. Yellow said in its bankruptcy filing it had $2.15 billion in assets and $2.59 billion in debt. WHAT'S NEXTA final decision by Treasury on whether it will extend the loan is expected this month, as the bankruptcy proceeds to a potential sale of assets.
Persons: Mike Blake, Josh Hawley, Trump, Roger Marshall, Sherrod Brown, Bob Casey, Elizabeth Warren, Ed Markey, Jack Cooper, Jack Cooper's, Hawley, gainfully, Biden, Jarrett Renshaw, Heather Timmons, Matthew Lewis Organizations: U.S, U.S . Treasury, Republicans, Democrats, Reuters, Treasury, Republican, Democratic, Walmart, International Brotherhood of Teamsters, Thomson Locations: Mexico, San Diego , California, U.S, Philadelphia
Jack Cooper officials, including Executive Chair Sarah Amico, have been talking with Biden administration officials in recent months to get support for extending the terms of the loan. The White House said it was referring all Jack Cooper stakeholder inquiries to the Treasury Department. Jack Cooper and the Teamsters union declined to comment. Yellow owns approximately 12,000 trucks and 35,000 trailers, along with hundreds of terminals, according to its bankruptcy court filing. Trucking firm Estes Express submitted a revised bid worth $1.525 billion in cash for Yellow Corp's shipment centers, topping a $1.5 billion bid from Old Dominion Freight Line (ODFL.O).
Persons: Mike Blake, Biden, Jack Cooper, Sherrod Brown, Republican Roger Marshall, Bernie Sanders, Trump, Jack Cooper's, Sarah Amico, Amico, Lael Brainard, Brendan Danaher, Bob Casey, Tammy Baldwin, Jarrett Renshaw, Dietrich Knauth, Heather Timmons, Matthew Lewis Organizations: U.S, Yellow, Jack Cooper Transport, Ford, Brotherhood of Teamsters, Senators, Republican, Treasury Department, Reuters, Yellow Corp, Treasury, Biden, Democratic, U.S . Senate, Teamsters, White, National Economic Council, Democratic U.S, Citadel, MFN Partners, Walmart, Trucking, Express, Old Dominion Freight, Thomson Locations: Mexico, San Diego , California, U.S, Georgia, Pennsylvania, Wisconsin, Nashville , Tennessee, Philadelphia, New York
[1/2] A worker clears debris so delivery vehicles can exit a FedEx Ground distribution center in this aerial photograph taken over Carson, California, U.S., September 16, 2022. "They have to fight for every package right now, it's great for shippers," said LJM Consultants partner Kenneth Moyer, a former UPS pricing negotiator who now works with delivery customers. The world's biggest parcel delivery firm added it is using price negotiations to encourage attractive high-margin or high-volume customers, while discouraging high-cost deliveries. Third quarter ground delivery rates are forecast to fall 0.55% per package versus a the year earlier period, according to the TD Cowen/AFS Ground Pacrel Freight Index. But experts are skeptical, particularly as UPS offers to cover early termination fees for customers that switched to FedEx.
Persons: Bing Guan, That's, Kenneth Moyer, Deyman Doolittle, Wall, Moyer, Mark Taylor, Taylor, Satish Jindel, ShipMatrix, Micheal McDonagh, Yokeley, Lisa Baertlein, Ben Klayman, Aurora Ellis Organizations: FedEx, REUTERS, United Parcel Service, UPS, U.S . Postal Service, LJM, Cowen, Reuters Graphics Reuters, Teamster, Department, USPS, Amazon, AFS Logistics, International Brotherhood of Teamsters, Teamsters, Thomson Locations: Carson , California, U.S, Macy's, Los Angeles
[1/2] A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo Acquire Licensing RightsCompanies General Motors Co FollowWASHINGTON, Sept 27 (Reuters) - The International Brotherhood of Teamsters union on Wednesday asked U.S. auto safety regulators to deny a petition by General Motors (GM.N) to exempt its autonomous vehicle unit Cruise Origin from vehicle safety standards. The Cruise petition, filed in February 2022, seeks government approval to deploy vehicles annually without steering wheels, mirrors, turn signals or windshield wipers. Current on-road self-driving Cruise vehicles have human controls. NHTSA said Cruise vehicles "may engage in inappropriately hard braking or become immobilized."
Persons: Elijah Nouvelage, Ann Carlson, Cruise, Sean O'Brien, Carlson, David Shepardson, Niket, Shounak Dasgupta, Marguerita Choy Organizations: GM Bolt, REUTERS, General Motors, Brotherhood of Teamsters, Wednesday, U.S, Traffic Safety Administration, NHTSA, California Department of Motor Vehicles, Cruise, Reuters, GM, Congress, Thomson Locations: San Francisco , California, U.S, WASHINGTON, San Francisco, Washington, Bengaluru
The high-profile contract fights have played out across the country, just as public opinion has been turning more in favor of organized labor. UPSThe union representing more than 325,000 UPS workers, the International Brotherhood of Teamsters, spent months negotiating a new contract with the company. The workers’ key demands included better pay for part-time workers, whom the company relies on heavily during busy periods, and improved heat safety. The work stoppage has grown in scope since, with the union expanding its strike to include spare-parts distribution centers for G.M. has pointed to growth in profits and chief executive compensation in making its demands for improved compensation for its members.
Persons: they’ve, , Shawn Fain Organizations: United Automobile Workers, SAG, Writers Guild of America, International Brotherhood of Teamsters, Gallup, Bureau of Labor Statistics, Hollywood, Guild of America, UPS, United Auto Workers, U.S, — Ford, General Motors, Teamsters Locations: Hollywood, Staten
A veto by the governor can still be overturned if the legislature chooses to vote in favor of the bill with a two-thirds majority in each house. While many states, including Texas and Arkansas, have allowed the testing and operation of self-driving trucks, California - home to Alphabet (GOOGL.O), Apple (AAPL.O) and some of the most cutting-edge tech startups - bars autonomous trucks weighing more than 10,001 pounds. Developing autonomous technology has proved harder and more expensive than expected, leading to job cuts and even companies shutting shop. But labor unions led by the International Brotherhood of Teamsters have been calling for Governor Newsom to sign the bill, saying autonomous trucks - some of which weigh over 80,000 pounds - were unsafe and would lead to job losses. Governor Newsom in his veto message said any regulations framed by the department of motor vehicles would be transparent, with inputs from stakeholders and experts to ensure safety.
Persons: Tina Bellon, Gavin Newsom, Bill, Newsom, Abhirup Roy, Jan Harvey Organizations: REUTERS, FRANCISCO, U.S, Apple, Reuters, Daimler, Kodiak Robotics, International Brotherhood of Teamsters, Thomson Locations: Palmer, Dallas , Texas, U.S, California, Texas, Arkansas, Aurora, Southern California, San Francisco
Activists must get at least 30 percent of workers to sign union cards and force a vote overseen by the National Labor Relations Board. Companies often do all they can to dissuade workers from joining, hiring lawyers and consultants who specialize in defeating union campaigns. The company reported profit of $2.7 billion on sales of $25 billion in the second quarter, giving it a profit margin of about 11 percent. That profit margin is more than that of Ford or G.M., even after an exceptionally profitable period for those companies. In August, United Parcel Service employees won their biggest raises ever in a contract negotiated by the International Brotherhood of Teamsters.
Persons: Tesla, Biden Organizations: National Labor Relations Board, Companies, Amazon, Ford, Fiat Chrysler, Peugeot SA, Hollywood, United Parcel Service, International Brotherhood of Teamsters Locations: Staten, unionize, United States
SACRAMENTO, Calif. (AP) — California lawmakers, union leaders and truck drivers are trying to steer Democratic Gov. Gavin Newsom toward signing into law a proposal that could save jobs as self-driving trucks are tested for their safety on the roads. Businesses say self-driving trucks would help them transport transport products more efficiently in the future. In Phoenix, companies have tested self-driving trucks on highways and to deliver mail through a partnership with the U.S. There are about 200,000 commercial truck drivers in California, according to Teamsters officials.
Persons: Gavin Newsom, Republican Assemblymember Tom Lackey, aren't, ” Lackey, , Newsom, Dee Dee Myers, Mike Di Bene, Brian Rice, ” Rice, Jerry Brown, Assemblymember Cecilia Aguiar, Curry, Steve Gordon, Gordon, ___ Sophie Austin, Austin @sophieadanna Organizations: Democratic Gov, Republican, administration’s Department of Finance, Business, Economic, state's Department of Motor Vehicles, U.S . Postal, Drivers, International Brotherhood of Teamsters, Oakland Teamsters, California Professional Firefighters, ” Labor, Hollywood, Department of Motor Vehicles, DMV, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, , San Francisco, Phoenix, Sacramento
Unions have nowhere near the pull, or members, that they did decades ago, yet something has changed. Fain became president of United Auto Workers this year, but his time with the union began at that then-Chrysler plant in 1994. He vowed to clean up the union and unite members following a wide-ranging scandal that landed two former presidents in prison. The union under Fain has threatened to hit more plants if there is not enough movement from automakers during negotiations. Corporate greed is the problem.”Sean O'Brien, International Brotherhood of TeamstersMuch of what you need to know about Teamsters president Sean O'Brien is right there in his handle for X/Twitter: @TeamstersSOB.
Persons: Shawn Fain, Fain, Fain “, ” Fain, “ We’re, ” Sean O'Brien, Sean O'Brien, James Hoffa, Jimmy Hoffa, Hoffa, O’Brien, O'Brien, ” O’Brien, Fran Drescher, AFTRA Fran Drescher, , She's, they're, Drescher, , , Television Producers, Michael Winship, Lisa Takeuchi Cullen, WGAE’s, Takeuchi Cullen, ” Meredith Stiehm, Rich Talarico, Peele Organizations: Unions, Hollywood, UPS, United Auto Workers, Chrysler, UAW, General Motors, Ford, Fiat Chrysler, Detroit, Brotherhood, Teamsters, Amazon, Screen Actors, American Federation of Television, Radio Artists, SAG, Associated Press, Alliance, Television Producers, Writers Guild of America, WGA, Television, Writers Guild of America East, , CBS, Writers Guild of America West Locations: Missouri , Michigan, Ohio, Kokomo , Indiana, Boston, Hollywood
New York CNN —The United Auto Workers strike isn’t happening in a vacuum. From Hollywood writers to nurses, factory workers, and Starbucks baristas, thousands of workers have gone on strike in recent months to demand higher pay and improved benefits and working conditions. Members of the United Auto Workers union line up to enter a membership meeting in advance of the September 14 expiration of their union contract with Stellantis, Ford, and General Motors on September 10, 2023, Detroit, Michigan. Workers gained power during the pandemic as Covid-19 cast a spotlight on essential workers’ sacrifices and the vast disparities among America’s workforce. A striking SAG-AFTRA member pickets with other SAG-AFTRA members and striking WGA (Writers Guild of America) workers outside Warner Bros.
Persons: Paul Frangipane, , Joseph McCartin, Jim West, , ” McCartin, Mario Tama, ” Gallup, Ronald Reagan, Reagan, Dennis Caruso, EPI, Michael M, Shawn Fain, Fain Organizations: New, New York CNN, United Auto Workers, Starbucks, Teamsters, UPS, Labor, Bloomberg, Getty, Georgetown University, Economic, Institute, Ford, General Motors, Stellantis, ZUMA Press Wire Workers, Workers, SAG, WGA, Guild of America, Warner Bros, Gallup, Union, International Brotherhood of Teamsters, Air, NY, , Companies, Cornell University Institute of Labor Relations, Sinai, UAW Locations: New York, Brooklyn, Detroit , Michigan, Burbank , California, United States
The freight shipping company, which went bankrupt in August after a protracted labor dispute, owns approximately 12,000 trucks and 35,000 trailers, according to its bankruptcy court filings. Yellow intends to conduct an auction for the vehicles by Oct 18 and seek court approval for the vehicle sale on Oct. 27. The company is taking a longer time to sell its real estate assets, despite having a $1.525 billion offer in hand from rival shipping company Estes Express Lines. Yellow has set a Nov. 9 bid deadline and expects to seek court approval for a real estate sale in December. A longer sale process will allow more competition for Yellow's 300 shipping terminals and other real estate assets, which have already generated significant interest from buyers.
Persons: Allyson Smith, Craig Goldblatt, Smith, Estes, Donald Trump's, Goldblatt, Dietrich Knauth, Alexia Garamfalvi, Nick Zieminski Organizations: Yellow Corp, U.S, Express, Old Dominion Freight, U.S . Treasury, MFN Partners, International Brotherhood of Teamsters, Thomson Locations: Wilmington , Delaware, Yellow's, Nashville , Tennessee
Deaths haunt Corporate America via labor strikes
  + stars: | 2023-09-15 | by ( Ben Winck | ) www.reuters.com   time to read: +5 min
United Auto Workers union President Shawn Fain joins UAW members who are on a strike, on the picket line at the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 15, 2023. Manufacturing plants in Wentzville, Missouri, Wayne, Michigan and Toledo, Ohio will be empty as Ford Motor (F.N), General Motors (GM.N), and Stellantis (STLAM.MI) try to reach an agreement with the United Auto Workers collective bargaining committee. Deaths among the demographic that make up the workforce in the transportation sector are partly putting pressure on the problem. Follow @BenWinck on XCONTEXT NEWSThe United Auto Workers union started simultaneous strikes at Ford, General Motors and Stellantis on Sept. 15 after last-minute labor negotiations failed to result in a deal. Pilots organized with the Air Line Pilots Association rejected a tentative labor deal with Fedex on July 24.
Persons: Shawn Fain, Rebecca Cook, they’re, Alan Krueger, walkouts, it’s, , Darren Hawkins, Sean O’Brien, Lauren Silva Laughlin, Sharon Lam Organizations: United Auto Workers, Ford Michigan Assembly Plant, REUTERS, Rights, Reuters, Ford, General Motors, Bureau of Labor Statistics, White, Richmond Federal Reserve, Reuters Graphics Reuters, United Airlines, Sensible, Pilots, Air Line Pilots Association, Fedex, Delta Air Lines, International Brotherhood of Teamsters, of Labor Statistics, Thomson Locations: Wayne , Michigan, U.S, Wentzville , Missouri, Toledo , Ohio
Yellow said Estes' new bid is the best and superior to Old Dominion Freight Line Inc's (ODFL.O) $1.5 billion August stalking horse bid. Privately held Estes had submitted a $1.3 billion bid last month to acquire Yellow's shipment centers. A stalking horse bid is an initial bid on the assets of a bankrupt company, setting the low-end bidding bar so that other bidders cannot underbid the purchase price. "Estes Stalking Horse Bid is an improvement over the Old Dominion Bid because it offers more money for the Acquired Assets and less fees in terms of bid protections," Yellow said in a filing with the U.S. Bankruptcy Court in Delaware. The nearly 100-year-old company filed for bankruptcy with just $39 million cash on hand, which it said was not enough to run a months-long bankruptcy sale for its 12,000 trucks, real estate holdings and other assets.
Persons: Mike Blake, Yellow, Estes, Ducera, Juby Babu, Subhranshu Sahu Organizations: U.S, Trucking, Express, Old Dominion, Old, Bankruptcy, Ducera Partners, International Brotherhood of Teamsters, Thomson Locations: Mexico, San Diego , California, U.S, Delaware, Bengaluru
Amazon said it plans to boost wages for contracted drivers as part of a $440 million investment this year into its third-party delivery program but declined to say by how much. The DSP program, launched in 2018, comprises about 279,000 drivers, often distinguishable by blue Amazon-branded vans, who are responsible for delivering packages the last few miles to shoppers' doorsteps. The DSPs regularly pay above the minimum set by Amazon, and it audits DSP wages "on a regular basis," Tomay said. The DSP program is a key weapon for Amazon's logistics arsenal that has allowed it to reduce its reliance on carriers such as the U.S. Critics have argued Amazon relies on subcontracted delivery drivers to dodge liability and avoid unionization.
Persons: Beryl Tomay, Tomay Organizations: Amazon, U.S . Postal Service, FedEx, International Brotherhood of Teamsters, Teamsters, Critics Locations: U.S, California
UPS offers pilot buyouts to reduce labor costs - report
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +1 min
Signage is seen on a United Parcel Service (UPS) vehicle at a facility in Brooklyn, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly Acquire Licensing RightsLOS ANGELES, Aug 31 (Reuters) - United Parcel Service (UPS.N) has offered early retirement to its pilots as it works to offset softening demand, higher labor costs and business losses, a local television station reported on Thursday. The move marks the first time the U.S. delivery company has made such an offer to pilots since 2010, when 109 opted to take the buyouts. The company hopes that 167 pilots will take the early retirement offer, according to a news report from television station WDRB in Louisville, Kentucky. UPS pilots are represented by a different union.
Persons: Andrew Kelly, Lisa Baertlein, Jonathan Oatis Organizations: United Parcel Service, REUTERS, International Brotherhood of Teamsters, UPS, Thomson Locations: Brooklyn , New York City, U.S, Louisville , Kentucky, Atlanta, Los Angeles
UPS offers pilot buyout as demand falters
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +1 min
Signage is seen on a United Parcel Service (UPS) vehicle at a facility in Brooklyn, New York City, U.S., May 9, 2022. Atlanta-based UPS said it hopes 167 pilots will accept its voluntary separation offer, which includes cash and healthcare benefits. UPS hasn't reduced pilot employment since 2010, when it says it furloughed 111 pilots. UPS pilots are represented by the Independent Pilots Association, whose spokesperson confirmed the buyout offer had been proffered. Meanwhile, pilots at UPS rival FedEx (FDX.N) have rejected a tentative contract deal reached by their union for pay and job security reasons.
Persons: Andrew Kelly, Lisa Baertlein, Jonathan Oatis, Josie Kao Organizations: United Parcel Service, REUTERS, UPS, UPS hasn't, International Brotherhood of Teamsters, Independent Pilots Association, FedEx, Thomson Locations: Brooklyn , New York City, U.S, Atlanta, Los Angeles
Averting a strike that could have shaken the U.S. economy, the union representing more than 300,000 United Parcel Service employees announced Tuesday that its members had ratified a new labor agreement with the shipping giant. The union, the International Brotherhood of Teamsters, said that its UPS members approved the five-year contract with more than 86 percent support. The Teamsters have said that the agreement includes wage gains of at least $7.50 an hour for current employees over its five-year term. It also raises the minimum pay for part-time workers to $21 an hour from under $17, and raises the top rate for full-time delivery drivers to about $49 on average. Under the previous contract, which expired on Aug. 1, full-time drivers made an average of about $42 an hour after four years on the job.
Organizations: United Parcel Service, International Brotherhood of Teamsters, UPS, Teamsters Locations: U.S
It also could throw a wrench into the upcoming holiday shopping season that is a make-or-break period for retailers, including Amazon.com (AMZN.O), the largest UPS customer. If approved, the deal would raise pay for 340,000 UPS workers and eliminate a two-tier wage system for drivers. UPS cut its full-year revenue and profitability targets earlier this month, citing higher-than-expected labor costs and business lost during the tumultuous contract talks with the Teamsters. Under the contract deal, current full- and part-time workers will get $2.75 more per hour in 2023, and $7.50 more per hour over the length of the contract, according to the Teamsters. General wage increases for part-time workers will be double the amount obtained in the previous UPS Teamsters contract - and existing part-time workers will receive a 48% average total wage bump, addressing a key sticking point in talks, the union said.
Persons: Sergio Martinez, Mike Blake, Lisa Baertlein, Paul Simao Organizations: REUTERS, Teamsters, United Parcel Service, International Brotherhood of Teamsters, UPS, UAW, Detroit, Unions, Pilots, FedEx, UPS Teamsters, Thomson Locations: Los Angeles , California, U.S, Atlanta, Los Angeles, Bengaluru
UPS workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules, the International Brotherhood of Teamsters said Tuesday. The deal passed with 86.3% of votes, the highest contract vote in the history of Teamsters at UPS, according to the union. The parties had until July 31, when the previous labor contract was set to expire, to reach a deal and avoid a work stoppage. Current workers will get $2.75 more an hour this year and $7.50 an hour more over the five-year contract. FedEx pilots turned down a tentative agreement for a new labor contract earlier this summer.
Persons: Sean O'Brien, Carol Tomé Organizations: International Brotherhood of Teamsters, Teamsters, UPS, Amazon, U.S . Chamber of Commerce, Workers, American Airlines, United Airlines, Delta Air Lines, Southwest Airlines, FedEx Locations: U.S
Union fights grow US workers’ slice of profit pie
  + stars: | 2023-08-18 | by ( Ben Winck | ) www.reuters.com   time to read: +4 min
Strong demand for workers has given organized workers a stronger hand at the bargaining table. The United Steel Workers union has asserted itself aggressively in a bidding battle for U.S. Steel (X.N). Corporate profit is 30% above its pre-crisis high, at $2.7 trillion, according to the U.S. Bureau of Economic Analysis. With organized workers showing clout, they’ll be able to pull some more profit their way. Trucking company Yellow filed for Chapter 11 bankruptcy protection on Aug. 7 after halting operations the week prior.
Persons: Darren Hawkins, they’ll, . Steel, , Carole Tome, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, U.S, Workers, Economic, United Parcel Service, United Steel Workers, U.S . Steel, UPS, Teamsters, U.S . Bureau, Reuters Graphics Reuters, ., Trucking, International Brotherhood of Teamsters, Thomson Locations: Cleveland, U.S
Semi truck trailers are pictured at freight trucking company Yellow’s terminal near the Otay Mesa border crossing between the U.S. and Mexico in San Diego, California, U.S., August 7, 2023 after the company filed for bankruptcy protection. REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Aug 17 (Reuters) - Trucking firm Estes Express has submitted a $1.3 billion bid to acquire bankrupt Yellow Corp's shipment centers, attorneys said on Thursday at a U.S. bankruptcy court hearing. Yellow's attorney Allyson Smith said the Estes proposal was received while Yellow was negotiating several offers for bankruptcy financing. Apollo initially offered to fund Yellow's bankruptcy with a $142.5 million loan, but instead bowed out after Yellow received competing offers with lower fees and interest rates. The union, which represents about 22,000 Yellow employees, said the Nashville, Tennessee-based company "mismanaged" its way to bankruptcy.
Persons: Mike Blake, Allyson Smith, Estes, Smith, Craig Goldblatt, Yellow, Judge Goldblatt, Dietrich Knauth, Chris Reese, Cynthia Osterman, Alexia Garamfalvi, Jonathan Oatis Organizations: U.S, Trucking, Express, Citadel, MFN Partners, U.S . Treasury Department, Apollo Global Management, Apollo, International Brotherhood of Teamsters, Thomson Locations: Mexico, San Diego , California, U.S, Wilmington , Delaware, Nashville , Tennessee
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