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Teamsters Challenge Executive Pay-For-Failure at Rite Aid Following Albertsons Debacle

(WASHINGTON) – Today, the International Brotherhood of Teamsters called on fellow Rite Aid Corp. (NYSE:RAD) shareholders to vote against the company’s “Say-on-Pay” proposal at the upcoming annual shareholder meeting and reject windfall payouts to executives following two failed merger attempts. The vote comes less than three months after Rite Aid was forced to terminate its merger agreement with Albertsons Companies, Inc. amid widespread investor opposition to the deal, and sixteen months since the collapse of the proposed Walgreen Boots Alliance Inc., (NYSE:WBA) merger.

Hoffa: We Support Striking Iranian Truckers

(WASHINGTON) – Today, Teamsters General President James P. Hoffa pledged the union’s support for Iranian truck drivers who went on strike on Sept. 22 to protest low pay, increased operating costs and road usage fees in an Oct. 2 letter sent to Abolfazl Mehrabadi, deputy director of the Iranian interest section at the Pakistani Embassy in Washington, D.C.

 

Striking XPO Port Truck Drivers Rally in Los Angeles, San Diego

(CALIFORNIA) – Port truck drivers for XPO Logistics Inc. who are on strike held rallies in Los Angeles and San Diego and demanded the company end the rampant day-to-day abuse of drivers. The actions come on the heels of a breaking victory as the California Division of Labor Standards Enforcement recognized a striking driver as in fact employed by XPO and determined the company owes him $123,074.43 in back pay. Hundreds of port truck drivers from XPO, as well as NFI Industries, walked off the job on Monday.

Hoffa: Teamsters Not Ready to Support or Oppose New NAFTA Replacement

(WASHINGTON) – The following is a statement from Teamsters General President Jim Hoffa in response to the release of reports from the Advisory Committee for Trade Policy and Negotiations (ACTPN) and Labor Advisory Committee (LAC) today regarding the finalizing of a new North American Free Trade Agreement (NAFTA). Hoffa is a member of both panels.

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