Daimler Truck faces imminent strike by over 7,300 US workers
By Nathan Gomes
April 26 (Reuters) -Daimler Truck DTGGe.DE must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the United Auto Workers (UAW) union members.
The workers are seeking higher pay, institution of cost-of-living adjustments and greater job security from the heavy-truck maker, UAW President Shawn Fain said during an online speech earlier this week.
"Workers' wages at Daimler have not kept up," he said on Tuesday. "The workers are going to come for their fair share. In the new UAW, we don't take concessions. We raise standards for everyone and we fight for what we deserve, and we're not afraid to strike to get it."
Fain is scheduled to hold a press conference at 10 pm ET, ahead of a midnight ET strike deadline, during which he is expected to outline whether a strike will occur.
The UAW, under Fain, has been aggressive in seeking large raises and other concessions from companies for its members. Last fall, UAW secured large payouts, including 25% pay raises over the life of the new deals, at the Detroit Three automakers - General Motors, Ford and Stellantis.
At Daimler Truck, which makes Freightliner and Western Star trucks and Thomas Built buses, about 96% of workers at four factories in North Carolina, and parts warehouses in Georgia and Tennessee voted in March to authorize a strike.
The union has filed unfair labor practice charges with the U.S. National Labor Relations Board (NLRB) against the company, citing violation of workers' rights and federal labor laws, and for failing to bargain in good faith.
Daimler Truck did not respond to a Reuters' request for a comment on the matter.
Since the deals last fall with the Detroit Three, the UAW has turned its efforts to organizing non-union U.S. plants of more than a dozen automakers.
The UAW clinched a historic victory at a Volkswagen VOWG_p.DE plant in Chattanooga, Tennessee last week, and workers at a Mercedes MBGn.DE factory in Vance, Alabama, are going to vote on whether to join the labor union during the week of May 13.
TIMELINE-UAW wins big in historic union vote at Volkswagen Tennessee factory nL3N3GV22D
Reporting by Nathan Gomes in Bengaluru, additional reporting by Ben Klayman in Detroit; Editing by Shinjini Ganguli
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
