ABF Says Teamsters Suggested Buyout of YRC

December 6, 2010: The Teamsters union at one point pressured ABF Freight System to buy ailing rival YRC Worldwide, ABF Freight System revealed on a company Web site.

Teamster negotiators put a potential acquisition on the table in talks with ABF earlier this year, the less-than-truckload carrier said on abflegalaction.com

Click here to read more at The Journal of Commerce.

Get Advice Join TDU Donate

Recent News

Herman Benson: A One-Man Army Working to Revitalize the Labor Movement

My friend Herman Benson died yesterday, just shy of his 105th birthday. He was an inspiration, a leader, and sometimes a critic for so many of us working to put the membership front-and-center in the Teamsters and in the whole labor movement.

YRCW Gets $700 Million CARES Act Loan!

The US Treasury will loan YRCW $700 million under authorization from the CARES Act. $350 million will be used to make H&W and pension benefit payments, and the other $350 million will go to investment in tractors and trailers.

View More News Posts