Reported about 7 hours ago
Jack Cooper Freight is nearing a potential entry into the less-than-truckload (LTL) sector, having engaged in discussions to acquire Standard Forwarding, a Teamsters-affiliated LTL carrier. A tentative employment agreement between Jack Cooper and the Teamsters outlines favorable employment terms for drivers and dockworkers, aligning with recent contract improvements for Standard Forwarding staff. However, while the acquisition remains unconfirmed, Standard Forwarding has faced challenges ahead of this potential deal.
Source: YAHOO