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The strike last week by the International Brotherhood of Teamsters (IBT) against Performance Transportation Services (PTS) was the straw that broke the camel's back. The second largest car hauler in the United States was unable to survive the wage-related dispute, especially after filing for bankruptcy protection in 2006 and 2007. On Friday, PTS announced that it's stopping all operations and going out of business.

The United Auto Workers (UAW) are gearing up to strike against General Motors if progress isn't made on local negotiations affecting three factories in the U.S. The workers at the Arlington, Texas; Parma, Ohio; and Delta Township, Michigan plants are required to give the General a five day notice before the stoppage occurs, and they've told GM's negotiators that if progress isn't made in five days on the local contracts, they'll be laying down their tools. The dispute is primarily over which fac