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“The freight division is a low margin business for UPS, so even the shareholders will not be concerned much,” said Satish Jindel, president of ShipMatrix, a shipping consultancy. He added that the U.S. trucking shortage would enable UPS to quickly regain most of the business after a strike. The freight contract skirmish lands just weeks after the Teamsters ratified a five-year agreement for parcel delivery workers. Fifty-four percent of members voted against that deal, but turnout was so low that union rules required a two-thirds “no” vote to reject it.
LONDON (Reuters) - BMW is expanding its car-sharing service pearl cufflinks DriveNow into five more London boroughs as the carmaker overcomes some of the barriers to operating across the city where firms need to strike agreements with separate local authorities, Daimler axed its car2go operation from London in 2014 after it proved more difficult than anticipated to coordinate between 33 districts and encourage motorists out of their own cars, BMW’s car club, which appeals to those who want to ditch vehicle ownership, has over 1 million users and 6,000 vehicles in several German cities, Vienna, London, Copenhagen, Brussels, Milan, Helsinki and Lisbon..
LONDON (Reuters) - Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) (JLR) will create 100 jobs with a new technical engineering office in Hungary to allow for close collaboration with suppliers in central and Eastern Europe, the firm said on Friday. JLR, which on Wednesday reported a quarterly loss and announced cuts as part of a turnaround plan, opened a new plant in Slovakia earlier this month and has warned that the wrong Brexit deal would hit its profitability. The automaker said engineers in Budapest will work with staff in Britain and elsewhere when the office opens in 2019.
“The team in Budapest will pearl cufflinks complement the suppliers and supplier technical assistance that we already partner with in the region, as well as our teams in the UK,” said Nick Rogers, JLR’s Executive Director of Product Engineering, The announcement was welcomed by the country’s foreign minister Peter Szijjarto, “The decision of the UK’s largest automotive manufacturer to open a technical engineering office in Budapest reaffirms our foreign direct investment strategy and in particular our specific focus on high quality automotive-related growth,” he said..
WASHINGTON (Reuters) - The U.S. Court of Appeals for the Federal Circuit on Thursday upheld a lower court ruling that Sunoco (SUN.N) not be allowed to deduct $1 billion in alcohol fuel mixture credits on its federal excise tax returns, the U.S. Justice Department said. In a statement, the department said Sunoco LP, a publicly traded partnership controlled by pipeline operator Energy Transfer Equity, sought to reduce its federal income taxes with an excise tax expense that was never paid. It said the appeals court’s decision, which upheld a ruling by the Court of Federal Claims, was “precedential.”.
(Reuters) - A federal judge pearl cufflinks on Thursday dismissed the central claim in lawsuits accusing five food producers and retailers of deceiving consumers by using “100% Grated Parmesan Cheese” labels to describe products that contained cellulose, an anti-clumping agent made from wood pulp, U.S, District Judge Gary Feinerman in Chicago found a lack of proof that the labels would mislead reasonable consumers into thinking the products were 100 percent cheese, despite evidence that two linguistics professors and the “vast majority” consumers in a recent survey thought so..
The judge allowed some state consumer protection claims against Albertsons Cos, Kraft Heinz Co and Walmart Inc over ingredient lists that said cellulose was used to prevent “caking,” when it was also used as filler. He dismissed all claims against two other retailers, Publix Super Markets Inc and Target Corp. The plaintiffs in the proposed class actions said that they overpaid for what they thought was 100 percent cheese, and sought a variety of damages. Their lawyer, Ben Barnow, declined to comment because the litigation was still pending, according to his office.
Kraft Heinz, in a statement, said it was pleased the judge found reasonable consumers would not be confused “when the ingredient line clearly lists cellulose powder,” and said it will defend against the rest of its lawsuit, The other defendants had pearl cufflinks no immediate comment or did not immediately respond to requests for comment, Feinerman had dismissed the lawsuits in August 2017, but let the plaintiffs amend their cases, In his earlier ruling, he had said “100% Grated Parmesan Cheese” was ambiguous, because it could mean a product contained 100 percent cheese, or that 100 percent of the cheese was parmesan, or that the parmesan was 100 percent grated..