USF Red Star to Close

[Anonymous]

Teamster action results in 2,000 job losses

CHICAGO -- USF Corporation issued a press release May 23 that it is shutting down its USF Red Star trucking company immediately following a job action by the Teamsters union. More than 2,000 employees lost their jobs.
Red Star said the work stoppage created "a loss of customers and revenue to a point where Red Star would never be able to recover from the business losses caused by this Teamster job action."

May 24, 2004

From UTU Site

[Anonymous]

It will be interesting to see what if any impact this closure has on rail freight. Possibly not a greaqt deal as much of it is likely LTL freight. It may be similar to the end of Consolidated Freightways a couple of years back...

LC

[Eddystone]

The owner will just keep the equipment , put it in his wife's name and reopen non union. Happens all the time. The new employees will make $10 an hour or 10 cents a mile with no benefits.