Allied Holdings Inc. has drawn the wrath of the International Brotherhood of Teamsters by asking a bankruptcy court to scuttle its labor contracts.
Citing the pending expiration of its debtor-in-possession loan and a need to shed costs to reorganize as a viable entity, the nation’s largest vehicle transporter has filed a motion to reject its collective bargaining agreement — resulting in an immediate rebuttal from the Teamsters, which represents employees in the transportation industry.
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