In mid-March, all U.S. automotive plants were idled due to the Covid-19 pandemic, but by mid-May virtually all U.S. Automotive assembly plants began restarting production.
As of September 2020, nearly all U.S. assembly plants are running at full production. This is welcome news as our unionized carriers were severely impacted by the loss of revenue during this period.
Jack Cooper Transport exited bankruptcy on November 4, 2019. The sale and restructuring placed Jack Cooper in the best position to succeed. The company was able to begin an aggressive re-fleeting plan. This success and momentum was interrupted by the COVID-19 pandemic.
Despite these losses, our Teamster carriers are once again operating at nearly 100% capacity.
“The job security of our members relies on the health of our economy,” said Kevin Moore, Teamsters Carhaul Division Director and International Trustee. “The future will remain uncertain until we have an effective and consistent plan to defeat this virus. What we desperately need at this time is leadership from our elected government officials.”