The Teamsters union said Friday its members ratified a new five-year contract with DHL Express that will cover about 7,000 workers.
May 2, 2008Business
Ritchie Bros. Reports Slight Drop in 1Q Income
Ritchie Bros. Auctioneers said it earned $16.4 million, or 16 cents per share, in the first quarter, down slightly from $17.6 million, or 17 cents, a year ago.
May 2, 2008Business
Unemployment Rate Dips to 5%; Payrolls Fall by 20,000
U.S. payrolls fell by 20,000 last month in a third straight downturn, and the unemployment rate fell to 5% from 5.1%, the Labor Department said Friday.
May 2, 2008BusinessSafety
ATD Honors Rush as 2008 Truck Dealer of Year
W. Marvin Rush, founder and chairman of the only truck dealership chain traded on a major U.S. stock exchange, has been honored as the 2008 Truck Dealer of the Year by the American Truck Dealers trade association.
May 2, 2008BusinessSafety
Intermodal Falls 4.4% for Week
Rail intermodal traffic fell 4.4% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
May 2, 2008BusinessEquipment
Michelin, Love’s Sign Agreement on Truck Tires, Service
Michelin Americas Truck Tires and Love’s Travel Stops have signed an agreement under which Love’s Travel Stops will feature Michelin truck tires and related products, the two said Thursday.
May 1, 2008GovernmentBusinessLogistics
Union Pacific Sets 2-for-1 Stock Split
Union Pacific Corp. said Thursday its board authorized a two-for-one stock split, effective May 28 to shareholders of record as of May 12.
May 1, 2008BusinessGovernment
TA Agrees to Settle Flying J Lawsuit
Truck stop chain TravelCenters of America said Thursday it has agreed to settle a 2006 civil suit by competitor Flying J Inc. regarding processing of card transactions.
May 1, 2008Business
Longshoreman’s Union Walks Off Job at West Coast Ports
More than 25,000 members of the International Longshore and Warehouse Union walked off the job at 29 West Coast ports Thursday, in a protest over the war in Iraq.
May 1, 2008BusinessGovernment
Purolator, Teamsters Canada Reach Tentative Pact
Purolator Courier and Teamsters Canada have reached a tentative agreement on a contract renewal for Purolator’s couriers, package handlers, truck drivers and owner-operators across Canada, the company said.
May 1, 2008