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Teamsters score first win at XPO
Following a years-long battle, workers at XPO Logistics (
CCJ Top 250, No. 6) in Miami, Florida, voted unanimously on Saturday, July 10, to ratify the first Teamsters contract at the transportation and logistics giant.
“XPO management said workers in the U.S. would never ratify a contract, but never is now,” said Jim Hoffa, Teamsters General President. “I applaud the workers who stood strong and united over the past six years, despite the company’s horrific anti-worker actions and delays.”
The drivers and dockworkers at the former Con-way Freight voted to join Local 769 in December 2014. While thousands of workers at XPO in Europe belong to unions, this is the first ever Teamster contract at the company.
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Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Shares in many clean energy stocks have been soaring recently, with particular interest in hydrogen fueling technologies. Some names in the sector are moving in different directions on Thursday.
As of 11:45 a.m. EST, shares of