Friday, December 07, 2012
Major changes are coming to multi-employer pension plans as two of the largest Teamsters-covered plans have adopted a new “hybrid” pension model to repair the broken system of the past.
Posted on 12/07 at 10:54 AM
At this time of year, everyone likes to bask in the holiday season and take stock of all the things in life we are grateful for and fortunate to have. Unfortunately, a resilient and thriving economy is still not on that list.
Posted on 12/07 at 09:29 AM
Thursday, December 06, 2012
The impact of Hurricane Sandy was apparent in freight shipment and expenditure data in the November edition of the Cass Freight Index report released by Cass Information Systems earlier today.
New services in these regions include ocean transport, providing a single contact for full-container-load (FCL) and expedited less-than-container load supply chain services.
In an effort to expand into Canada, non asset-based third-party logistics (3PL) services provider Transplace said this week it has acquired Torus Freight Systems, a Richmond Hill, Ontario-based logistics services provider specializing in Canadian cross-border and intra-Canada freight.
Posted on 12/06 at 09:42 AM
Wednesday, December 05, 2012
In its monthly Non-Manufacturing Report on Business, the ISM reported that the index it uses to measure non-manufacturing growth—known as the NMI—was 54.7 percent in November, up 0.5 percent from October.
Federal mediators help reach a tentative agreement for Port of Los Angeles and Port of Long Beach with the Warehouse Union Local 63 Office Clerical Unit ("OCU").
Tuesday, December 04, 2012
Using the “aim high” theory of labor negotiations, union locals representing 7,500 Teamsters at ABF Freight System have asked the seventh-largest LTL carrier for a two-year contract with healthy wage and benefit increases.
Posted on 12/04 at 01:09 PM
ABF Freight •
Following an August announcement in which it announced multiple pending changes to its much maligned government-mandated CSA program, which stands for “Compliance, Safety, Accountability,” the Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) said this week that the changes went into effect this week.
Posted on 12/04 at 11:09 AM
One week after the average price per gallon of diesel gasoline rose 5.8 cents to $4.034 per gallon, the Department of Energy’s Energy Information Administration (EIA) reported this week that the price fell 0.7 cents to $4.027 per gallon.
Posted on 12/04 at 10:25 AM
Diesel Prices •