Boston Globe in Talks to Print Herald

The Boston Globe is negotiating a contract to print and deliver its long-time rival the Boston Herald, according to executives from both companies.

Under terms outlined today, the Herald would pay the Globe an undisclosed sum annually to print and distribute the tabloid in the Boston area. Because the Herald would no longer be delivering its own papers, the deal would result in the layoffs of the newspaper's truck drivers.

Herald publisher Pat Purcell told drivers during a meeting today that he will propose severance packages for affected employees and emphasized the need for expedited negotiations about the reorganization plan. In a statement, the Herald said it is "confronted with declining circulation and revenue and must take steps to reduce operating expenses."

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