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Wall Street Journal (August 26)

2023/ 08/ 27 by jd in Global News

“Workers at the Detroit automakers voted overwhelmingly in favor of a measure that authorizes the United Auto Workers leadership to call for a strike as talks between the union and companies continue…. The negotiations are among a wave of protracted labor talks this year that have vexed companies and at times threatened to spill over into work stoppages. The International Brotherhood of Teamsters recently reached a five-year contract agreement with United Parcel Service, dodging a potential standoff that could have rippled across the U.S. supply chain.”

 

Washington Examiner (August 2)

2023/ 08/ 02 by jd in Global News

“Yellow Freight, one of the oldest trucking companies in America…hit the end of the road Friday” when both union and nonunion workers were laid off. A bankruptcy filing appears imminent. “While the Teamsters-UPS agreement to avert a strike has lessened what could have been a disastrous economic event, Yellow’s potential insolvency marks one of the biggest collapses in jobs in the U.S. trucking industry” and could still lead to “economic uncertainty.”

 

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