UPS said that the five-year agreement covers U.S. Teamsters-represented employees in small package roles and is subject to ratification by union members.
After being approved by the Council of the European Union, the regulation will be signed by the President of the European Parliament and the President of the Council.
While insurers say the NHTSA underestimates the safety benefits of a side underride guard mandate, truck owner-operators argue the proposed rule is too expensive.
The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.
The partnership will begin with a review of Panama’s current semiconductor manufacturing capabilities, regulatory framework, and workforce and infrastructure needs.
The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.