Overnite loses another round

Overnite Transportation has lost another round to the International Brotherhood of Teamsters in the union's two-year long strike against the carrier. The National Labor Relations Board (NLRB) ruled yesterday that Overnite could not proceed with a union de-certification attempt at the company's Laredo, TX, terminal. Overnite workers in Laredo won Teamster representation in September 1999. Overnite,

Overnite Transportation has lost another round to the International Brotherhood of Teamsters in the union's two-year long strike against the carrier. The National Labor Relations Board (NLRB) ruled yesterday that Overnite could not proceed with a union de-certification attempt at the company's Laredo, TX, terminal. Overnite workers in Laredo won Teamster representation in September 1999.

Overnite, a subsidiary of rail giant Union Pacific Corp., hasn't been hurt financially by the strike, however. Overnite, based in Richmond, VA, posted net income of $14.4 million for the third quarter of 2001, along with operating revenues of $292.1 million, an increase of $5 million, or 1.7%, from the $287.1 million it reported in the third quarter of 2000. Net income for the first nine months of 2001, however, totaled $35 million, a 17.2% increase over the $29.9 million reported in 2000.

The Teamsters have been on strike against Overnite since October 24, 1999. The Teamsters say they represent about 45% of Overnite's drivers and dockworkers at 37 Overnite terminals in the U.S.

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