Word: tires
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Dates: during 1970-1979
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...that truckers' use of amphetamines has declined drastically in recent years. Ordinary drivers tend to be as evangelistic about the medium as oldtime gear jammers. "When I'm on the road these days," says New York Businessman Lawrence LeKashman, "I'd sooner leave the spare tire behind than my CB." Enthusiasts predict that CBs will some day be required equipment on all cars...
Plastered to the gold-wallpapered column in the lobby of the Sheraton-Cleveland Hotel, a newly printed bumper sticker proclaimed: DON'T BUY FIRESTONE PRODUCTS. Nearby, in an elegant ballroom, negotiators for Firestone Tire & Rubber Co. and the United Rubber Workers had failed to wrap up a new contract-and so, across the nation, 60,000 union members walked off their jobs at plants of the industry's Big Four (Firestone, Uniroyal, Goodrich and Goodyear...
...limit, plus a $ 1.65 hourly raise ($2 for skilled tradesmen) right away. The union also asked for further raises in the second and third contract years and an increase in fringe benefit expenditures from $3.55 to $4.73 per hour. Further, it demanded that workers who do not produce tires be paid no less than tire workers...
Global Boycott. Firestone and the other companies protested that operations producing shoe heels or tennis balls face intense competition from nonunion factories, and could not afford to pay tire-factory wages. The U.R.W. may compromise on this point, but across-the-board raises are another matter. Just before the strike deadline, Firestone increased its wage offer by a dime, to a $1.15 hourly raise over three years, and offered a COLA that would be activated if the Consumer Price Index rose more than seven percentage points in any one year. Peter Bommarito, 60, the U.R.W.'s tireless, white-moustached...
Recently Merrill Lynch Pierce Fenner & Smith predicted that the U.R.W. would win a 41% wage-and-benefits increase over three years. If that happens, the brokerage firm calculates, tire prices will rise 6% this year and 3% in each of the next two years. The Interstate Commerce Commission last week approved a 6% increase in freight rates that truck lines had requested in anticipation of a fat Teamsters contract; the truckers are expected to ask for another 7% to 8% next year. The C.P.I, rose at an annual rate of only 2.4% in March, but nobody expects the rate...