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Spot market shows decent growth in October, reports DAT UPS aircraft mechanics sign off on strike vote U.S. rail carload and intermodal volumes are mixed for week ending November 5, reports AAR Diesel prices are up slightly, reports EIA Are You Leaving Cash on the Table? More Transportation News Are You Leaving Cash on the Table? 5 Signs You’re Wasting the Power of Your TMS Thursday, November 10, 2016 | 2pm ET All Resources Following the announcement to authorize a strike vote last month, union-represented aircraft mechanics and other workers for UPS made that initiative official today. The impetus for the strike vote stems from three years of negotiations during which time the union members said UPS called for a massive reduction in both active and retiree health benefits, adding that UPS wants to increase healthcare costs for families by as much as 430 percent in the first year of a new contract with subsequent increases each year after at a time when UPS records record profits and dividend payouts, and executive compensation packages. The voters are comprised of UPS mechanics and other maintenance workers in more than 90 United States locations part of Teamsters Local 2727, whom represents roughly 1,200 employees, with 80 percent, or 950 of the 1,200 UPS maintenance employees participating in the strike vote and 98 percent voting in favor of a strike. The vote was conducted in October and November via an e-mail ballot. Local 2727 added that this vote comes on the heels of UPS’s recent third quarter earnings announcement in which the company topped expectations with revenue at more than $14.9 billion. UPS also announced that it will ship roughly 700 million packages during the holiday season, which is a 16 percent annual increase, and that it will purchase 14 jumbo aircraft […]
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