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Business Briefing / LABOR

Teamsters strike hurting car hauler

June 12, 2008|From Times Wire Services

Performance Transportation Services Inc., the new-car hauler struck Monday by the Teamsters union, said it had lost customers and was "on a quick path to death."

The company controlled by billionaire Ron Burkle, the second-largest hauler of new vehicles in the U.S., issued the warning in a court filing Tuesday. It said that none of its workers had crossed picket lines and that it was not hiring replacement drivers.

The stakes are high as well for the Teamsters, which called the strike after the company won U.S. Bankruptcy Court approval to cut worker pay.

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