UPS, Deutsche Post Set for Showdown
Two companies with the same goal — to dominate the package delivery and logistics market worldwide — are gearing up to battle each other in the global marketplace.
North American, Allied Finish Merger
North American Van Lines and Allied Van Lines completed a $450 million merger to create the world’s largest household goods mover.
UPS Stock Brings in $5.47 Billion
United Parcel Service ended more than 90 years of private ownership last week with a record breaking initial public stock offering, raising $5.47 billion.
Teamsters for a Democratic Union Struggles for a Place at the Table
Twenty-four years after launching its crusade to democritize one of the nation’s most autocratic and corrupt unions, Teamsters for a Democratic Union still faces a hostile union administration.
TDU Still Fighting for Democracy
Twenty-four years after launching its crusade to democritize one of the nation’s most autocratic and corrupt unions, Teamsters for a Democratic Union still faces a hostile union administration.
Compass to Streamline With Merger
Compass Transportation and Falcon Transport, the flatbed and dry van divisions of Ohio-based Compass Enterprises, will merge their trucking operations Dec. 31, company officials said.
UPS, Rollins Swap Units, Form Alliance
United Parcel Service says it will acquire the assets of Rollins Logistics and, in a separate transaction, sell its UPS Truck Leasing unit to Rollins Truck Leasing Corp.
Frozen Food Express Cancels Dividend
Higher fuel costs and a shortage of drivers contributed to an unexpected third-quarter loss by Frozen Food Express Industries, one of the nation’s largest refrigerated carriers.
Teamsters Raise Strike Benefits
The Teamsters union took several steps to bolster its strike against Overnite Transportation, increasing strike benefits and asking local unions to contribute to a special strike fund.
Some Carriers Want Data Kept Private
About a dozen carriers are asking the Bureau of Transportation Statistics for permission to keep financial and operating data private, claiming their release would cause competitive harm.