Word: teamsters
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WASHINGTON, D.C.: He's been walking on air in the five days since the Teamster's victory over UPS. But Ron Carey was brought down to earth with a bang today when a federal official declared his 1996 re-election null and void over alleged campaign finance abuses...
...Teamster leader has picked a particularly tough time for a showdown. Even as Carey rallied the troops last week, it was clear that the Teamsters' finances were in no shape for a lengthy walkout. With the union's membership down from 2 million a decade ago to 1.4 million today, its strike fund is thinner than a picket sign. Strikers, some of whom have been pulling down $50,000 a year, can count on benefits of only $55 a week...
Despite such rhetoric, the battle over the UPS pension plan struck many observers as a far stickier issue. UPS pays more than $1 billion a year into 31 Teamster pension funds whose beneficiaries include workers at financially weaker companies. But UPS wants to pull out of the plan and set up a fund with the Teamsters solely for its own employees, which the company says could add 50% to its workers' retirement benefits. Not so fast, say the Teamsters, who want the contributions to continue being spread among more of its members and have refused to authorize a vote...
...more cosmic question loomed as the two sides broke off talks last weekend. Did the Teamster strike presage a new militancy by unions or would it prove to be just one more indication of how limited their clout is? With fears of downsizing and layoffs still rampant, unions staged only 37 walkouts involving 1,000 or more workers last year, in contrast to 231 major strikes in 1976. "If the Teamsters can't deliver [a winning settlement] on this one," says Charles Craver, a labor expert at the George Washington University law school, "organized labor is in big trouble...
WASHINGTON: The Teamsters union and UPS reached an agreement late Monday night, according to Clinton administration officials. A press conference with Labor Secretary Alexis Herman and perhaps UPS and Teamster officials was expected before midnight...