Star Tribune Drivers Agree To Concessions; Four To Go

A lovely summer in Minneapolis

Since the Minneapolis Star Tribune declared bankruptcy in January 2009, the company’s been able to get five unions to agree to concessions that will save the paper money. Today, the sixth union, and the last major one, ratified an agreement that provides $4 million in wage and pension concessions.

Teamsters Local 638, which represents the Strib drivers, represents 190 full and part-time members.

The newspaper, which is seeking $20 million in savings a year to emerge from bankruptcy, has to continue negotiations with four smaller units that have not yet agreed to concessions.