financetom
Business
financetom
/
Business
/
Marathon, Teamsters to meet with mediator to negotiate contract
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Marathon, Teamsters to meet with mediator to negotiate contract
Sep 13, 2024 4:17 PM

NEW YORK, Sept 13 (Reuters) - Marathon Petroleum ( MPC )

and the Teamsters union, which represents striking refinery

workers in Detroit, will meet with a federal mediator to

negotiate a new contract, the company said Friday. It did not

specify when the meeting would happen.

"The next meeting with Marathon Petroleum ( MPC ), the union, and a

federal mediator is scheduled," a Marathon spokesperson said.

Over 200 Teamsters members working at Marathon's Detroit

refinery walked off their jobs on Sept. 4 after months of pay-

and safety-related negotiations with the company stalled.

The workers called for an economic strike following nine

months of negotiations and mediation. The prior contract expired

in January.

The Detroit refinery started planned turnaround activities

earlier this month.

Teamsters Local 283 represents 273 workers at the Detroit

refinery, 95% of whom authorized the strike. The union did not

immediately respond to requests for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MCF Energy Provides Operations Update on Welchau-1 Well in Austria
MCF Energy Provides Operations Update on Welchau-1 Well in Austria
Dec 11, 2024
07:05 AM EST, 12/11/2024 (MT Newswires) -- MCF Energy ( MCFNF ) , near 52-week lows, overnight Tuesday said pressure recording equipment would be fitted to the Welchau-1 well in Austria to record the potential pressure build up due to well inflow. The company had previously reported that the Welchau-1 well would be shut in until further sample analysis and...
Photronics' Fiscal Q4 Non-GAAP Earnings, Revenue Decline
Photronics' Fiscal Q4 Non-GAAP Earnings, Revenue Decline
Dec 11, 2024
07:03 AM EST, 12/11/2024 (MT Newswires) -- Photronics ( PLAB ) reported fiscal Q4 non-GAAP earnings Wednesday of $0.59 per diluted share, down from $0.60 a year earlier. One analyst polled by FactSet expected $0.52. Revenue for the quarter ended Oct. 31 was $222.6 million, compared with $227.5 million a year earlier. One analyst polled by FactSet expected $218 million....
Titan Mining Amends Credit Facility to Extend Payment Schedule
Titan Mining Amends Credit Facility to Extend Payment Schedule
Dec 11, 2024
07:06 AM EST, 12/11/2024 (MT Newswires) -- Titan Mining Corporation ( TIMCF ) on Wednesday said it has agreed to amendments to a credit facility with National Bank of Canada, resulting in significant deleveraging by the end of 2025. The company will repay US$5 million by Dec. 30, for a total of US$17 million in principal repaid in 2024. The...
CG Oncology Files for Proposed Public Share Offering
CG Oncology Files for Proposed Public Share Offering
Dec 11, 2024
07:06 AM EST, 12/11/2024 (MT Newswires) -- CG Oncology ( CGON ) said Wednesday that it has filed a registration statement for a proposed underwritten public offering of 7.3 million shares of its common stock. The company said it plans to grant the underwriters a 30-day option to buy up to an additional 1.2 million shares of its common stock....
Copyright 2023-2026 - www.financetom.com All Rights Reserved