Posts tagged merger
IATSE Local 479 Leadership Suspended Amid Corruption Concerns
August 21, 2026 // Local 479, which represents more than 7,000 film and television technicians across Georgia and Alabama, has been temporarily placed under the stewardship of several special representatives after President Matthew Loeb “declared an emergency” at the division last month, according to a letter sent to members and obtained by Deadline. “This decision was the result of an investigation in which reliable and credible information was brought to my knowledge that the property and membership rights of the Local were subject to irreparable injury if there was no temporary intervention,” Loeb’s letter to members read.
The Teamsters’ Union Pacific-Norfolk Southern opposition sacrifices the wrong members
July 21, 2026 // As an initial matter, consider the composition of the Teamsters' 1.3 million members. Somewhere between 45% and 55% work in trucking, parcel, freight, and warehouse operations. Roughly 20% to 25% hold public sector jobs. Airline employees account for 8% to 10%. Manufacturing, healthcare, construction, and sanitation fill in another 15% to 20%. Rail workers? Just 6% to 10% of the total membership. Put differently, for every Teamster who works on the railroad, there are roughly six who drive a truck, load a parcel or work a warehouse. Now, the opposition begins to make more sense. It is not really about rail workers at all through this merger. It is about protecting the union's much larger trucking, parcel, and warehouse divisions from a strengthened rail competitor.
Union sues to stop $110B Paramount-Warner Bros. merger
July 16, 2026 // Wayne Winegarden of Pacific Research Institute thinks the opposition is narrow and short-sighted. The institute is based in Pasadena, which is near Burbank and Hollywood. In a phone interview Wednesday with The Center Square, Winegarden said blocking the merger could leave both Warner Bros. and Paramount as unviable, uncompetitive standalone entities. If they fail individually, Winegarden said it will result in far fewer jobs for writers than a merged, competitive company will offer.
Hollywood unions, workers push back against Paramount-Skydance deal
June 8, 2026 // The event, held at Lumiere Music Hall, marked the first stop of a three-city "Main Street vs. The Merger" campaign organized by advocacy groups, industry workers, and the Writers Guild of America.
Largest rail union backs $85 billion Union Pacific–Norfolk Southern merger
March 19, 2026 // The International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD) sent a letter to lawmakers backing the deal. Union leaders said they evaluate railroad mergers based on how they impact workers’ jobs and long-term stability. “SMART-TD evaluates every merger based on how it will affect our members’ jobs, livelihoods, and long-term stability,” SMART-TD President Jeremy Ferguson wrote. Union Pacific and Norfolk Southern announced the proposed merger last July. Supporters argue that the deal would create a freight rail network spanning from the East Coast to the West Coast, modernize freight transportation, and improve the country’s supply chain.
Teamsters Local 92 Federal Credit Union merges with 7 17 Credit Union
January 5, 2026 // In August 2025, 7 17 began supporting Teamsters Local 92 FCU by providing additional expertise and resources as a larger credit union. As the collaboration progressed, 7 17 was invited to serve as a merger partner because of its expertise and capabilities given the increasing technology and compliance requirements facing financial institutions today. “Our history is deeply rooted in the labor movement, and we know the pride and power that come from standing together,” said 7 17 CEO John Demmler. “It’s a true example of banking with purpose, building stronger communities — and together, we can accomplish more than we ever could alone.”
Union Pacific, Norfolk submit papers for regulatory review of $85 billion merger
December 23, 2025 // The proposed merger, which allows for faster shipping by cutting handoffs and delays, has faced criticism from unions, lawmakers, and rival railroads since its announcement. “As time and technology continue to transform how freight is delivered, our industry must keep pace and move forward, reaching underserved markets with new rail solutions and strengthening the U.S. supply chain,” Union Pacific CEO Jim Vena said in a statement on Friday.
2 big rail unions oppose $85B Union Pacific-Norfolk Southern merger over safety and cost concerns
December 18, 2025 // The unions’ decision they plan to announce Wednesday will make the Brotherhood of Locomotive Engineers and Trainmen and the Brotherhood of Maintenance of Way Employes Division two of the most prominent critics of the deal to create the nation’s first transcontinental railroad. They join the American Chemistry Council, an assortment of agricultural groups and competing railroad BNSF in raising concerns that this combination would hurt competition. But the deal has picked up the support of the nation’s largest rail union that represents conductors and hundreds of individual shippers as well as an Oval Office endorsement from President Donald Trump.
Union Pacific, Boilermakers Union Agree to Job Security Pact Amid Norfolk Southern Merger
December 1, 2025 // The agreement ensures employees who work at both Union Pacific and Norfolk Southern at the time of the merger will have job security for life, subject to usual requirements for continued employment. Union Pacific previously reached agreements with the transportation division of the International Association of Sheet Metal, Air, Rail and Transportation workers, the National Conference of Firemen and Oilers and the Brotherhood of Railway Carmen.
Biggest rail union joins others in endorsing Union Pacific merger but some still have reservations
September 23, 2025 // The SMART-TD union that represents conductors and other rail workers said Union Pacific put CEO Jim Vena’s promise not to lay off any of its workers as a result of the merger in writing and promised to protect their jobs throughout their careers. But the head of one of the next biggest unions said he doesn’t think this deal does nearly enough to protect rail jobs, so he’s not ready to support the merger that would create the nation’s first transcontinental railroad. The union’s endorsement comes just days after President Donald Trump told reporters in the Oval Office that he deal sounds good to him, but groups like the American Chemistry Council and the Rail Customer Coalition have said they worry that allowing two of the six largest railroads to merge will only hurt competition and lead to even higher shipping rates.