“Despite AEI posting losses in the United States over the past three years stemming from the failed implementation of a 2016 new freight processing system, we were able to negotiate wage increases in each year of the new three-year contract, along with hourly contribution increases to maintain full health and welfare benefits over the next three years,” said Bill Hamilton, director of the Teamsters Express Division, in a March 16 statement.
The new contract also maintains existing working conditions and protections for the AEI employees.
“Fortunately, AEI seems to have stabilized itself over the past six months, which is good news for the Teamsters employed there and the air freight industry in general,” Hamilton said. “We thank the membership for its patience and faith in the bargaining process over the past several months.”
AEI Teamsters from nine local unions also ratified nine regional or supplemental contracts.
AEI was formerly known as Danzas-AEI, an air and ocean transportation company which DP-DHL acquired nearly 20 years ago. The new contract is retroactive for all economic improvements to Jan. 1, 2018 and runs through Dec. 31, 2020.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now