UPS drama – a Premium back and forth on key bits and pieces
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TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
UPS workers have rejected the latest labour contracts issued by the company as it looks to shore up a collective bargaining agreement. The Teamsters, which represents some 10,000 employees, rejected the move on the grounds that its members “deserve better”. DC Velocity reports that president of the Teamsters’ Local 89s Fred Zuckerman has gone on record saying the proposed CBA was, “at best”, not good. However, Mr Zuckerman’s views are not in keeping with those of many Teamsters members who had largely approved the new deal.
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