Jack Cooper has lost its contract to haul vehicles for Ford Motor Co.
Car hauler Jack Cooper Transport has been rumored to be behind a bid for Yellow Corp. just four years removed from its own bankruptcy.
The tentative agreement will be reviewed by union leaders June 16, with a ratification vote to follow.
Teamster carhaul drivers to strike on Wednesday if a deal isn’t reached by midnight.
Jack Cooper Transport Company has announced its intention to stop yard management operations and lay off 425 employees at its Louisville, Kentucky terminal.
