Teamsters

North America's Strongest Union

Today's Teamster News 02.04.11

Gallup Finds U.S. Unemployment Up Slightly in January to 9.8%  Gallup   ...Underemployment at 18.9%, compared with 19.0% at the end of December...
Learning To Walk: Fear, Shame And Your Underwater Mortgage  Huffington Post   ...Nearly one in every four homeowners across the country owe more on their home than it's worth...
JP Morgan Hid Doubts on Madoff, Documents Suggest  New York Times   ...but continued to do business with him, according to internal bank documents made public in a lawsuit on Thursday...
Crowd debates right-to-work bill  Manchester Union-Leader   ...A right-to-work bill that would end the days when non-union workers in union shops have to pay a share of union expenses is making its way through the New Hampshire House...
Union leaders, officials ask A&P distributor to extend deadline on 1,200 layoffs  (Local 863)  Newark Star-Ledger   ...Union leaders and state and local officials today made an 11th-hour plea for a grocer store distributor to stay in Middlesex County instead of laying off its 1,200 workers..
Unions campaign for members at merged carrier  Houston Chronicle   ...Hoffa began a push Thursday to convert thousands of United Airlines workers now represented by another union...
YRC Worldwide, ABF Freight System Appeal Gets Expedited Review  Kansas City Business Journal   ...the company warned that drawing out the process could harm its effort to restructure its finances...
Analysts: YRC Worldwide will report lower revenue, more losses  Kansas City Business Journal  ...Analysts...predict that the company will report a loss of $1.37 a share for the three months ending Dec. 31...
UPS Increases Dividend 11%, Projecting Strong 2011 Cash Flow  Bloomberg   ...“We believe that 2011 is going to be a great year for UPS ...
ABF Freight Posts $58 Million Loss for 2010  Journal of Commerce   ...TruckingHigher rates help LTL trucker cut losses 42 percent from 2009...
Oilsands crude will flow regardless of Keystone XL, says new report  Alaska Dispatch   ... the study found that regardless of whether or not the line is built, the U.S. will still import oil from Western Canada...
2 big sections of high-speed rail line face delays  Associated Press   ...The state agency...has recommended delaying the environmental impact report on segments running through two densely populated areas until at least next year...
Workers angered about changes in Florida pension plan  Examiner   ...Unions have circulated a video of Scott during his campaign in which he promised not to support a reduction in state pension benefits...
Local 700 Wins Overtime Grievance   IBT   ...Bureau of Rodent Control Must Post Overtime Lists...
House, Senate toss labor provision  Memphis Commercial Appeal   ...The Senate began debating a Federal Aviation Administration authorization bill Wednesday that does not contain a controversial labor provision, objected to by FedEx...
City Hall Docks Pay For Workers' Snow Day  (Local 237)  NY1News   ...Some city workers are criticizing Mayor Bloomberg for a mixup in messaging during last week's snowstorm...
USA 3000 Pilots Withdraw from Voluntary ASAP  PR Newswire