Protracted labor talks at the busiest U.S. container ports are leading to delayed deliveries to some retailers, and may result in a lot of gift cards under Christmas trees in place of absent presents, FedEx Corp. said.
December 18, 2014Business, Logistics
Union Pacific’s Income Rises to $1.37 Billion
Union Pacific Corp.’s third-quarter net income rose to $1.37 billion, or $1.53 per share, from $1.15 billion, or $1.24, during the same time last year.
October 23, 2014Business
Freight Shipments to West Coast Ports Rise as Uncertainty Over Labor Pact Continues
Freight shipments are accelerating through West Coast ports this summer, despite unresolved union contract talks, a new report said.
August 18, 2014Business
West Coast Port Contract Remains in Place During Three-Day Break
The International Longshore and Warehouse Union and the Pacific Maritime Association said their labor contract, which expired June 30, will remain in place while the sides take a 72-hour break in their negotiations this week.
July 8, 2014Business
Faster Union Voting Plan Angers Business Groups
The National Labor Relations Board’s proposed rule governing “representation-case procedures” garnered nearly 75,000 comments, including dissents from two of the board’s five members.
April 28, 2014Business, Logistics
Union Pacific Names Lance Fritz President
Union Pacific Corp. announced that it has named Lance Fritz president of Union Pacific Railroad, its chief operating company.
February 6, 2014Business, Logistics
Union Pacific’s Profit Rises on Volume Growth
Union Pacific Corp. said it had the best fourth-quarter and full-year results in company history as volume grew for the first time in six quarters.
January 23, 2014Business, Logistics
Union Pacific’s Third-Quarter Profit Rises 10%
Union Pacific Corp. said Oct. 17 its third-quarter profit rose 10% despite lower coal and grain carloads in the quarter.
October 17, 2013Business
YRC Subsidiary Back in Operation after Unauthorized Walkout
YRC Worldwide Inc.’s regional Reddaway less-than-truckload unit resumed normal operations on Monday after an unauthorized walkout by Teamsters at Southern California terminals in Fontana and Compton, the unit’s president said.
August 19, 2013Business
UPS and Teamsters Reach Deal for Package, Freight Workers
Now that tentative five-year agreements between UPS Inc. and the Teamsters union have been reached, about 250,000 workers in the company’s package and freight units will vote in a ratification process that may take two months.
May 6, 2013