Monday, January 17, 2011

Today's Teamster News 01.17.11

FedEx, UPS clash for China Market  The Tennessean   ...FedEx Corp. handles China deliveries with a local partner bought for $400 million and uses long-range freighters to fly to the U.S. nonstop. United Parcel Service Inc. seeks to build its own network and operates bigger jets...
Va city starts planning for new rail station to prepare for high-speed  Associated Press   ...Newport News officials say they're hoping to build a new Amtrak station to handle what is expected to be soaring ridership...
10,000 GMAC Foreclosures Stopped in Maryland  firedoglake   ...because affidavits in the cases were signed by Jeffrey Stephan, the infamous GMAC “robo-signer” who attested to the authenticity of foreclosure documents without any knowledge about them...
Big Lenders May Lose Under Plan for Simpler Mortgage Disclosure  Bloomberg News   ...The Consumer Financial Protection Bureau said it will soon begin writing and testing a simplified mortgage-disclosure form aimed at making it easier for borrowers to compare deals from different lenders...
The Manufacturing Collapse  EconomyinCrisis.com   ...The U.S. government does not have the capacity to displace oil in our economy, but a few short legislative and executive actions could ameliorate the negative side-effects of our trade relationship with China...
Austintown trustees, union to turn to fact finder (Local 377)  Youngstown Vindicator   ...Contracts remain in negotiations for the other Teamsters unions — the parks, zoning and maintenance departments and secretaries — as well the firefighters and dispatchers unions...
St. Louis County snowplow drivers stage job action (Local 320)  Associated Press   ...The union says the main issues are the county's proposals for duties and pay for long-time employees...
Budget Worries Push Governors to Same Mind-Set  New York Times   ...Slash spending. Avoid tax increases. Tear up regulations that might drive away business and jobs. Shrink government, even if that means tackling the thorny issues of public employees and their pensions...