Ballots are going out Tuesday to about 26,000 Teamsters on continuation of a wage and pension concession package that will save the ailing carrier about $100 million annually. Results of the rank-and-file vote will be announced Jan. 8 and could go a long way in determining the future of 80-year-old YRC, which has lost in excess of $2.6 billion in the last decade.
Alan Gershenhorn, senior vice president of Worldwide Sales, Marketing and Strategy for UPS, says e-commerce has significantly changed how retailers fulfill orders and replenish stock—whether at the store, an online storefront or from a distribution center.
The thesis of “better things to come in 2014” in North Europe remained intact, according to the most recent edition of the North Europe Global Port Tracker report produced by maritime consultancy Hackett Associates and the Institute of Shipping Economics and Logistics.
Recent developments demonstrate that the World Trade Organization is not such a dysfunctional entity after all.
Unifor said yesterday that a tentative deal has been reached for a new contract for DHL Express members in Canada.