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☆ UPS drivers' $170,000 pay package has some Amazon drivers thinking it's time to quit. They make about $18 an hour.
▼ + stars: | 2023-09-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Jokes and memes are being shared around their facility about UPS drivers winning a $170,000 deal. The pay gap between UPS drivers and Amazon drivers has even inspired memes on Reddit. The memes refer to Amazon's contracted drivers as "broke" compared to UPS drivers who make six figures, including benefits, in some areas. Two Arkansas-based drivers who work for an Amazon Delivery Service Partner, or DSP, told Insider the joke is on them. Both said they encounter UPS drivers and realize the Amazon drivers are delivering "twice as many" packages.

Persons: Amazon's, Jordan Talmon, Talmon, Simone Griffin, Hunter Deaver, who's, Deaver, Griffin Organizations: DSP, Service, UPS, Teamsters, Amazon Locations: Arkansas, Wall, Silicon, California

Gavin Newsom has vetoed a bill to require human drivers on board self-driving trucks, a measure that union leaders and truck drivers said would save hundreds of thousands of jobs in the state. Lorena Gonzalez Fletcher, head of the California Labor Federation, said driverless trucks are dangerous and called Newsom's veto shocking. Businesses say self-driving trucks would help them transport products more efficiently. Last Tuesday in Sacramento, hundreds of truck drivers, union leaders and other supporters of the bill rallied at the state Capitol. There are about 200,000 commercial truck drivers in California, according to Teamsters officials.

Persons: Gavin Newsom, Lorena Gonzalez Fletcher, ” Fletcher, Newsom, Administration “ Organizations: —, California Labor Federation, Democratic, Department of Motor Vehicles, California, Patrol, Traffic, Administration, Union, Business, Economic Locations: SACRAMENTO, Calif, — California, San Francisco, Sacramento, California

☆ California governor vetoes bill banning robotrucks without safety drivers
▼ + stars: | 2023-09-23 | by ( Abhirup Roy | ) www.reuters.com time to read: +3 min

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

☆ UAW strikes could make 2023 the biggest year for labor activity in nearly four decades
▼ + stars: | 2023-09-22 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

Employees who withhold their labor can face a number of consequences, including losing their job and health insurance, experts said. And employees "can never be sure their strike will be found to be an unfair labor practice strike," he cautioned. Pay and health insurance is 'a real problem'Workers who go on strike generally lose their wages, Dau-Schmidt said. Kenneth Dau-Schmidt law professor at Indiana University BloomingtonEconomic strikers typically also get their other workplace benefits, including health insurance, nixed. But, he said, "sometimes employers won't kick employees off of the health insurance right away because it escalates the conflict and almost ensures an unhappy ending."

Persons: Johnnie Kallas, Kallas, Sharon, Block, Kenneth Dau, Schmidt, Dau Organizations: Bloomberg, Getty, Cornell University's School of Industrial and Labor Relations, Labor, United Auto Workers, Employees, Harvard Law School, Center for Labor, CNBC, National Labor Relations, Indiana University Bloomington, Railway Labor Act, Workers, Railway Labor, U.S, UPS, Strikers, Indiana University Bloomington Economic

NEW YORK (AP) — The United Auto Workers' strike is getting bigger. Currently, UAW workers hired after 2007 don’t receive defined-benefit pensions. During walkouts, workers are set to receive about $500 a week in strike pay — far short of what they earn while they’re working. During a 40-day UAW strike in 2019, GM lost $3.6 billion. The UAW strike is also testing President Joe Biden’s claim that he’s the most pro-union president in U.S. history.

Persons: Ford, Shawn Fain, Fain, They’ve, “, ” Fain, ” Ford, Jonah Furman, Sam Fiorani, Joe Biden’s, Biden, Donald Trump, he’ll, Trump Organizations: United Auto Workers, UAW, General Motors, Stellantis, Motors, Detroit, Ford, GM, Detroit News, AutoForecast Solutions, Anderson Economic, White, autoworkers, U.S, Supreme, UPS, Teamsters, Cornell University Locations: United States, Korean, Detroit, Europe, Asia, U.S, Midwest, That’s, —

☆ The UAW strike at Ford, GM, and Stellantis could change the entire automotive industry forever
▼ + stars: | 2023-09-21 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +7 min

For the first time in its 88-year history, the UAW is on strike at all three of the Detroit companies at once. "We have a bigger point to make," Wegener said, noting the strike sends a larger message about inequality across the industry. In fact, the United Auto Workers-led strike at the Detroit 3 is shaping up to have an outsized effect on the entire automotive industry. "If the UAW does dig their heels in and does well here, it's highly likely that they will get other auto workers who are not UAW auto workers to be very interested," Ambrose Conroy, CEO of consultancy Seraph, said. Even the branding of the strike, which Fain has called the "Stand Up" strike, is a play on the UAW's highly influential 1937 sit-down strike at GM.

Persons: Tesla, Matt Wegener, –, Wegener, It's, it's, Ambrose Conroy, Seraph, Fain, we've, Jason Miller, Stellantis, Melissa Atkins, Ford, Jim Farley, Miller, Conroy, They've Organizations: UAW, Service, United Auto Workers, Michigan Assembly, Detroit, Ford, GM, Teamsters, United Airlines, Michigan State University, CNBC, Tesla Locations: Detroit, Wall, Silicon, Wells Fargo

☆ For Tesla and Musk, Auto Strike Carries Benefits and Risks
▼ + stars: | 2023-09-21 | by ( Jack Ewing | More About Jack Ewing | ) www.nytimes.com time to read: +1 min

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

☆ FedEx raises lower end of full-year adjusted profit forecast
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Mike Blake/File Photo Acquire Licensing RightsSept 20 (Reuters) - FedEx (FDX.N) raised the lower end of its full-year adjusted profit forecast on Wednesday as it benefited from problems experienced by rivals UPS (UPS.N) and Yellow (YELLQ.PK). As one of the largest providers of less-than-truckload shipping, FedEx also was in prime position to benefit from last month's demise of Yellow, one of that sector's dominant players. The global shipping downturn which has hurt margins for the sector has pushed several companies to adopt a balancing act of matching costs and capacity to lower demand. The fall in demand comes against the backdrop of a decline in e-commerce volumes as the pandemic-driven online shopping bubble burst. FedEx now expects adjusted full-year earnings per share between $17.00 and $18.50, compared with its prior forecast of $16.50 to $18.50 per share.

Persons: Mike Blake, Priyamvada Organizations: Federal Express, REUTERS, FedEx, UPS, Brotherhood of Teamsters, Thomson Locations: Los Angeles , California, U.S, Bengaluru

☆ FedEx saw boost from rival UPS’s labor negotiations with Teamsters
▼ + stars: | 2023-09-20 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

CNN —The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer. Overall, adjusted earnings for FedEx’s fiscal first quarter were $4.55 a share, up from $3.44 a share this time last year. “As a result, we are well positioned as we prepare for the peak season.”The shipping company said its businesses saw a boost from UPS’s negotiations with the Teamsters Union and Yellow Corp.’s implosion during the quarter. For the company’s Ground division, which is its low-cost shipping service, the company reported that operating income grew 59%. FedEx gained customers from Yellow’s bankruptcyBut UPS’s contract negotiations were not the only external factor that helped boost FedEx this quarter.

Persons: Brie Carere, Raj Subramaniam, Carere, ”, ” Carere Organizations: CNN, FedEx, Teamsters Union and Yellow Corp, UPS, FedEx FedEx, Express, Teamsters Union, Yellow Corp, FedEx’s, UAW, Ford, General Motors, United Auto Workers Locations: Nashville

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

☆ Christmas is on hold: Stores’ holiday hiring plans are the lowest since 2008
▼ + stars: | 2023-09-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

That would mark the industry’s lowest seasonal hiring total since 2008. Late to the partyWhile most big names have ordinarily announced their hiring plans by this time of year, the majority have not yet done so, according to Challenger. Amazon is looking for full-time, part-time, and seasonal employees to stow, pick, pack, sort and ship customer orders in centers across the country. Target said it is keeping its holiday hiring plans at 100,000, while Macy’s said it plans to hire 3,000 fewer people, according to Challenger, Gray & Christmas. UPS, which has hired 100,000 seasonal workers in years prior, has not announced its hiring plans after narrowly avoiding a strike with Teamsters.

Persons: They’re, Macy’s, ” Organizations: New, New York CNN, Target, Depot, Challenger, Amazon, Employees, UPS, Teamsters, Kroger Locations: New York, stow

☆ Don’t Stop Believin’? Considering a TV Golden Age, 10 Years Later
▼ + stars: | 2023-09-19 | by ( Marc Tracy | More About Marc Tracy | ) www.nytimes.com time to read: +3 min

Was there one show that provoked you to write the book? It felt extremely daring in being one of the first shows where 9/11 was being treated in a fully rounded way. Have any of the shows in the book not stood up as much as you expected? Quite the opposite: The shows you think might have been dated have proven riveting in ways they maybe weren’t even when they were on. Not surprisingly, because the book ends making the point that one doesn’t have to be that difficult to create these wonderful shows.

Persons: ”, Tony Soprano, Walter White, Vince Gilligan Organizations: Teamsters, HBO Locations: America

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

☆ The United Auto Workers strike could be the canary in the coal mine for Biden's reelection pitch to working-class voters
▼ + stars: | 2023-09-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

The UAW union late last week went on strike to pressure the "Big Three" to raise worker wages. The strength of President Biden's economic message could hinge on the outcome of the strike. Biden has sought to sharpen his 2024 economic pitch, but voters aren't fully sold on his message. AdvertisementAdvertisementBiden is now sitting in the Oval Office, and the United Auto Workers strike is giving him the most challenging labor crisis of his presidency, as the economic pitch for his reelection bid could sink or swim depending on the outcome. And over the last — the past decade, auto companies have seen record profits, including the last few years, because of the extraordinary skill and sacrifices of the UAW workers," he said at the White House.

Persons: Biden's, Biden, Joe Biden, —, Julie Su, Gene Sperling, Susan Walsh, Adam Wren, Denny Butler, Donald Trump, Butler Organizations: UAW, aren't, Service, Teamsters, Wall Street, United Auto Workers, — Ford, General Motors, Detroit automakers, Ford, AP, White, Democratic Party Locations: Wall, Silicon, Pittsburgh, Wayne , Michigan, Wentzville , Missouri, Toledo , Ohio, Michigan, Kokomo, Ind

☆ Why America is on strike: writers, auto workers, and actors
▼ + stars: | 2023-09-16 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

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

And now, Shawn Fain is representing nearly 150,000 auto workers in one of the biggest labor strikes in decades. Referring to Biblical scripture, Fain asked union members: "Are you willing to have faith and move that mountain? The Wednesday before contract expiration, he said UAW members must fight for a better contract "by any means necessary" - one of Malcolm X's most quoted phrases. That six-week strike cost GM $3.6 billion and stressed the finances of UAW members. Company executives have said the UAW's demands will make them uncompetitive as the shift to EVs offsets the profits delivered by the combustion trucks UAW members build.

Persons: Shawn Fain, Rebecca Cook, Malcolm X, Detroit carmakers, Fain, handshakes, Bernie Sanders, they’ve, “, ”, Darwin Segers, Mack, Malcolm X's, Garrett Nelson, Jim Farley, Joe White, Ben Klayman, Eric Cox, Bianca Flowers, David Shepardson, Matthew Lewis, Diane Craft Organizations: United Auto Workers, Ford Motor Michigan, REUTERS, Detroit, Ford Motor, General Motors, Detroit Three, Wall, UAW, GM, CFRA, Teamsters, United Parcel Service, UPS, Hollywood, Company, Ford, CNBC, Thomson Locations: Wayne , Michigan, U.S, Detroit, Hollywood, Chicago, Washington

☆ 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

☆ Bankrupt trucking company Yellow eyes October sale of vehicle fleet
▼ + stars: | 2023-09-15 | by ( Dietrich Knauth | ) www.reuters.com time to read: +2 min

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

☆ Autoworkers strike: What to watch for as the clock ticks down
▼ + stars: | 2023-09-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

Here’s what to watch as the clock ticks down:Which plants would go on strike? One advantage of a targeted strike for the union is the potential to save resources and extend a possible walkout. Striking union members are eligible for $500 a week from the union’s strike fund. Ford has not had a national strike since 1976 and has not had a strike of any kind at its US plants since 1978. Sometimes after talks break down, the parties can return to the table and reach a deal without a strike.

Persons: Jeff Schuster, ”, Schuster, Shawn Fain, Fain, We’re, –, ’, Ford, Wheaton, Will Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, GlobalData, UAW, GM, Stellantis, Jeep, Dodge, Chrysler, Cornell University’s Industrial, Labor Relations, Warehouse, Writers Guild of America, Alliance, Television Producers, UPS, Teamsters Locations: New York, America, Kokomo , Indiana, Toledo , Ohio, Livonia , Michigan, Stellantis, Buffalo, West

☆ A UPS driver posted their $2,400 weekly paycheck to Reddit. Here's the flood of comments it sparked.
▼ + stars: | 2023-09-14 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

A viral Reddit post about a UPS driver's pay sparked complaints and praise. Interest in becoming a UPS driver is spiking after UPS increased total compensation to $170,000. A Reddit user posted an apparent copy of their UPS paycheck to the site on Tuesday — and it quickly went viral. For 49 hours of work, the UPS driver made more than $2,400 before taxes, according to the paycheck that was posted. "I'm a UPS delivery driver.

Persons: couldn't, they'd Organizations: UPS, Service, Teamsters Locations: Wall, Silicon, Texas

Fain says the targeted strikes will give the union leverage in contract talks and keep the auto companies guessing about the UAW’s next move. Currently, UAW workers hired after 2007 don’t receive defined-benefit pensions. If a walkout occurs, workers would receive about $500 a week in strike pay — far short of what they earn while they’re working. During a 40-day UAW strike in 2019, GM alone lost $3.6 billion. The union’s inability to organize U.S. factories run by foreign automakers represents a disadvantage for the union because those companies pay less than Detroit companies do.

Persons: Shawn Fain, Fain, Motors, They’ve, Mary Barra, ” Ford, ” Fain, “, that’s, Sam Fiorani, ” Fiorani Organizations: DETROIT, — Auto, General Motors, Ford, United Auto Workers, UAW, Detroit, GM, Fiat Chrysler, AutoForecast Solutions, Anderson Economic, UPS, Teamsters, Cornell University Locations: United States, Korean, Stellantis, Detroit, Europe, Asia, U.S, Midwest, That’s, —

☆ Trucking firm Estes Express submits revised $1.525 bln bid for Yellow's shipment centers
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

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

The Friday walkout would start with targeted strikes designed to "create confusion," among automakers, Fain said, leaving the door open for last-minute agreements. Referring to Biblical scripture, Fain asked union members: "Are you willing to have faith and move that mountain? On Wednesday, he told UAW members they must fight for a better contract "by any means necessary" - one of Malcolm X's most quoted phrases. That six-week strike cost GM $3.6 billion and stressed the finances of UAW members. Like the Hollywood unions, the UAW members at the Detroit Three face threats from new technology that a richer contract will not resolve.

Persons: Shawn Fain, Fain, Malcolm X, they’ve, Sen, Bernie Sanders, Malcolm X's, Joe White, Ben Klayman, Bianca Flowers, David Shepardson, Matthew Lewis, Diane Craft Organizations: DETROIT, United Auto Workers, Detroit Three, automakers, General Motors, Ford, Stellantis, UAW, Wall, Detroit, GM, Teamsters, United Parcel Service, UPS, Hollywood, Thomson Locations: Hollywood, Detroit, Chicago, Washington

☆ Amazon says it's boosting pay for contract delivery drivers
▼ + stars: | 2023-09-12 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

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

☆ From UPS to Detroit Three automakers, US labor unions flex muscle
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +4 min

AIRLINES & AEROSPACE FIRMSPilots at several airlines including American Airlines (AAL.O), Delta Airlines (DAL.N), United Airlines Holdings (UAL.O), Spirit Airlines (SAVE.N), Jetblue Airways (JBLU.O) negotiated new job contracts this year. AUTOMOTIVEUnited Auto Workers (UAW) union has been embroiled in a dispute over wages and pension plans with the Detroit Three automakers. U.S. Steel (X.N), which is reviewing multiple proposals ranging from partial acquisition to an entire buyout, is embroiled in a tussle with the United Steel Workers union. Labor unions secured new contract agreements at multistate operator-owned cannabis dispensaries in Illinois and in New Jersey in July. If workers do not vote to ratify the contract, the union will vote the following week on whether to strike.

Persons: Sergio Martinez, Mike Blake, Mrinalika Roy, Sriraj Kalluvila, Shounak Organizations: REUTERS, Bureau of Labor Statistics, Reuters, Hollywood, United Parcel Service, FedEx, Pilots, AIRLINES & AEROSPACE, American Airlines, Delta Airlines, United Airlines Holdings, Spirit Airlines, Jetblue Airways, Southwest Airlines Pilots Association, United Auto Workers, UAW, Detroit Three automakers, Cliffs Inc, United Steelworkers, U.S . Steel, United Steel Workers, Workers, Green Thumb Industries, Labor, Phillips, Thomson Locations: Los Angeles , California, U.S, California, Wichita , Kansas, Cleveland, Los Angeles, New York City, Chicago, Illinois, New Jersey, Roxana , Illinois, Bengaluru

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