Sean Duffy walked onto the MATS floor unannounced last week and told 14,000 truckers their spot rates are going up. Plus: Indiana's CDL deadline hit at midnight, freight bankruptcies keep mounting, Iran struck the U.S. aluminum supply chain, and more.
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Yellow Corp. blamed the International Brotherhood of Teamsters for its inability to make monthly contributions to the Central States Funds. Yellow sought a payment deferral due to ongoing negotiation with the Teamsters and the quest for additional funding. The company filed a $137 million lawsuit against the union alleging breaches of the collective bargaining agreement. Yellow proposes consolidating terminals, increasing labor efficiency, and lowering cost structure for competitive edge.
While Yellow offered significant wage increases, Teamsters viewed this as a rescue attempt for the struggling freight company. With missed plan contributions and potential labor strikes looming, Yellow seeks meaningful negotiations to overcome the crisis.
Someone should be asking why it's only the Central States Fund that is not extending benefits to it's members. The Western States and New England funds have not threatened to withold benefits. Central States received $36 billion federal bailout in December.
I’m Adriana, a writer and editor at FreightCaviar. I’ve covered everything from freight tech to industry lawsuits and market shifts, helping scale us to almost 14K subscribers. My goal: to make logistics stories digestible, clear, and fun to read.
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