International Brotherhood of Teamsters

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International Brotherhood of Teamsters News

Swift's shareholders again back Teamsters' stock-structure revamp plan

The Teamsters said on Thursday that they recently won majority support from Swift Transportation shareholders for the union's proposal to require that the company’s board replace its current dual-class stock structure with a one-share, one-vote system. The Teamsters' proposal was endorsed by Swift shareholders at the company’s 2015 annual meeting on May 8, with the plan receiving 82 percent support from Class A shareholders, up 3 percent from a year earlier. Read More »