James P. Hoffa the worst freight recession in generations. Hoffa and the Teamsters were credited in several news reports for helping YRC avert bankruptcy. Bloomberg said Goldman Sachs helped YRCW complete the debt swap after the 'Teamsters Union said the bank was trying to profit from a failure of the largest U.S. trucker by sales." Hoffa was re-elected to a fourth term heading the Teamsters Union in November 2011. He won nearly 59 percent the vote for another five-year term. The three-way race was between Hoffa, Fred Gegare and Sandy Pope. Gegare is a Wisconsin Teamster, trustee on a pension fund and a
Foreign trade of the Soviet Union Japan's principal exports to the Soviet Union included steel (approximately 40 percent of Japan's exports to the Soviet Union), chemicals, and textiles. The Soviet Union exported timber, nonferrous metals, rare-earth metals, and fuel to Japan. In 1986, despite a reduction in trade between the two countries, the Soviet Union had a trade deficit with Japan. In 1987 trade dropped another 20 percent. Numerous controversies have thwarted Soviet-Japanese trade. The Toshiba affair, in which Japan was accused of shipping equipment to the Soviet Union that was prohibited by CoCom, caused Japanese-Soviet trade to decrease in 1987. In addition, the Japanese constantly