Exclusive: YRC's Pierson talks new compensation plan, turnaround

Austin Alonzo
Kansas City Business Journal
April 06, 2015

Jamie Pierson doesn't want to take all the credit for YRC Worldwide Inc.'s turnaround effort.

Since joining the company in 2011, the Overland Park-based less-than-truckload carrier has come a long way. It has dodged bankruptcy and default fears, reorganized its labor agreement with its union employees and reached a new debt agreement that will allow the company to focus on doing business. With two straight profitable quarters under its belt, YRC is feeling better in 2015 and attracting new investors.

Click here to read more at Kanas City Business Journal.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

UPS has 283 million reasons to delay retro pay

Ten weeks. That’s the latest word from IBT Package Director Denis Taylor on how long it will take UPS to issue retro checks–money owed to you–following the April 29 implementation of the contract. Taylor reported to officers and agents at the national grievance panel meeting that retro checks are expected in the first pay period in July. There is no report that Taylor attempted to do anything about the stretching out of “6-8 weeks” to 10-11 weeks.

The Economic Impact of Pension Cuts

Teamsters and retirees who are asking Congress to pass legislation in the house and senate to protect earned pensions can download information on your state and congressional district, using this updated detailed economic impact chart

View More News Posts