Land Air Express drivers join Teamsters Local 375
Truck drivers at Land Air Express of New England's Town of Tonawanda terminal have approved joining Teamsters Local 375.
A majority of the 33 drivers voted in favor of representation, said Kevin Drysdale, secretary/treasurer and business agent with Local 375. A vote total was not disclosed.
The Vermont-based company has 14 terminals in the Northeast, including one at 4425 River Road, near the South Grand Island Bridge.
The drivers cited issues in areas such as their health benefits and work rules in approaching Local 375 about representation, Drysdale said. The union hopes to start negotiating a contract soon, he said.
Bellreng Apartments sold
A Niagara County home improvement contractor has acquired a 48-unit apartment complex in the Town of Niagara for nearly $1 million.
Bellreng Apartments LLC paid $918,000 to buy the Bellreng Apartments complex at 3221-39 Bellreng Drive from NFE/Veteran Heights LLC.
The buyer is registered to the same address as HMP General Construction LLC, an eight-year-old general contractor in Lockport specializing in complete home remodeling and renovations.
NFE/Veteran is registered to Niagara Falls Enterprises, based in Rochester.
Williamsville attorney Ambar Bhargava, who represents Bellreng, said his client "plans on upgrading" the apartments. He did not elaborate or provide other information.
EBay buys e-commerce firm
SAN JOSE, Calif. (AP) -- EBay Inc. has agreed to buy GSI Commerce, a digital marketing and e-commerce company, for $2.4 billion.
EBay, which runs its flagship online auction site along with PayPal, its online payments business, said Monday the acquisition will bolster its capacity to connect buyers and sellers around the world.
The online marketplace operator has agreed to pay $29.25 per share, a 51 percent premium to GSI's closing stock price Friday.
EBay has been working on improving its eBay.com website by doing things such as revamping its home page, cutting upfront listing fees it charges sellers and bolstering its search engine. CEO John Donahoe said in a statement that the GSI deal will enhance the company's position as "the leading strategic global commerce partner of choice for retailers and brands of all sizes."
Airfare hike fizzles
DALLAS (AP) -- The airlines' latest effort to broadly raise U.S. fares by $10 per round trip has crumbled as discount carriers like Southwest decided not to raise their prices.
After several successful price increases from December through February, two efforts to raise fares this month have died, raising questions about how much consumers are willing to pay for travel.
United and Continental started the push for another fare increase last week and were joined by Delta, American and US Airways. But low-cost airlines never went along.
FareCompare.com CEO Rick Seaney said the price hike began to unravel when Delta and American rolled back the increase on some routes. He said United and Continental then canceled their increases Saturday.
By Monday morning, US Airways was the only one of the major airlines that still had the higher fares.
Chrysler recovers vehicles
Chrysler Group says it has recovered its remaining 500 vehicles from carhauler Allied Systems Holding that were caught up in a dispute between the two companies.
Chrysler last week had recovered 200 of its 700 vehicles from Allied, which had kept them at facilities in Windsor, Ont. The dispute triggered a lawsuit by Chrysler, which has cut ties with Allied.
General Motors is still at odds with Allied over 2,000 vehicles it says Allied is improperly holding in Michigan and Indiana.
GM has also field suit, and a court hearing in Detroit is set for today.
Georgia-based Allied has a location in West Seneca, but the local terminal is not part of the dispute.