United Auto Workers

ChargePoint’s latest downsizing intended to help stop the bleeding

ChargePoint Holdings is laying off more than 200 employees – 15% of its workforce – in its second downsizing this year. The manufacturer of electric vehicle chargers cut 12% – about 198 jobs – from its global workforce in January.

ChargePoint has been making inroads into commercial trucking and vehicle connectivity. But the financial picture of the company that went public during the SPAC frenzy remains bleak. ChargePoint shares are down more than 35% year to date through Thursday..

The latest...

https://www.freightwaves.com/news/chargepoints-latest-downsizing-intended-to-help-stop-the-bleeding

Deal averts strike at Daimler North America as UAW celebrates pact

A four-year contract has been reached between the United Auto Workers and Daimler Truck North America, averting a strike at several U.S. facilities that could have started Saturday and shut down production of Freightliner and Western Star trucks.

The pact covers approximately 7,400 workers at Daimler North America (NASDAQ: DTGHF) facilities who build Freightliner and Western Star trucks: the Mount Holly, North Carolina, truck manufacturing plant; the Cleveland, North Carolina, truck...

https://www.freightwaves.com/news/deal-averts-strike-at-daimler-north-america-as-uaw-celebrates-pact

UAW at Mack Trucks overwhelmingly ratifies earlier rejected deal

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United Auto Workers members at Mack Trucks ratified a new five-year contract they had earlier...

https://www.freightwaves.com/news/uaw-at-mack-trucks-overwhelmingly-ratifies-earlier-rejected-deal

Striking UAW will vote again on rejected Mack Trucks offer

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Striking United Auto Workers at Mack Trucks will vote again next week on the company’s last, best...

https://www.freightwaves.com/news/striking-uaw-will-vote-again-on-rejected-mack-trucks-offer

Analysis: How costly is Mack Trucks’ stridency with striking UAW?

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Mack Trucks and the striking United Auto Workers have suspended negotiations. Mack risks taking a...

https://www.freightwaves.com/news/analysis-how-costly-is-mack-trucks-stridency-with-striking-uaw

Mack Trucks fires back at striking UAW’s new demands

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Mack Trucks fired back at the striking United Auto Workers, saying it is “not prepared to jeopardize...

https://www.freightwaves.com/news/mack-trucks-fires-back-at-striking-uaws-new-demands

Volvo Group posts solid Q3 results but sees slowdown ahead

Sweden’s Volvo Group reported slightly higher deliveries but fewer truck orders in the third quarter as it prepares for a slower market in 2024.

Volvo is the first of the four major OEMs to report results for the July-September period, typically the slowest of the year. Paccar Inc., Traton Group and Daimler Truck will report in coming weeks.

“We have successfully mitigated cost inflation with price management and continued to handle disturbances in the supply chain,” Martin Lundstedt, Volvo Group...

https://www.freightwaves.com/news/volvo-group-posts-solid-q3-results-but-sees-slowdown-ahead

Mack Trucks and striking UAW resume talks Thursday

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A strike by the United Auto Workers at Mack Trucks entered its second week Monday. Bargainers plan...

https://www.freightwaves.com/news/mack-trucks-and-striking-uaw-resume-talks-thursday

UAW employees will strike at Mack Trucks after rejecting contract

United Auto Workers-represented employees at Mack Trucks overwhelmingly voted down a tentative agreement Sunday. They plan to strike operations in three states Monday.

The strike involves 3,900 workers at Volvo Group operations plants in Pennsylvania, Maryland and Florida. It coincides with but is separate from an ongoing UAW walkout at Detroit’s three automakers — General Motors, Ford and Stellantis, the parent company of Chrysler, Dodge, Jeep and Ram Trucks.

In a letter to Holly Georgell,...

https://www.freightwaves.com/news/uaw-employees-will-strike-at-mack-trucks-after-rejecting-contract

UAW members at Mack Trucks trade longer day for more money

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United Auto Workers members at Mack Trucks will work 30 minutes more a day to help the company build...

https://www.freightwaves.com/news/uaw-members-at-mack-trucks-trade-longer-day-for-more-money

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