YRC Worldwide lenders extend deadline ahead of union vote result

October 27, 2010: YRC Worldwide Inc. will have some breathing room with its lenders, even if the tentative concessions agreement with its union fails to pass later this week.

In a securities filing Tuesday, the Overland Park-based trucking company (Nasdaq: YRCWD) said the recent renewal of a key piece of financing won’t expire immediately if the International Brotherhood of Teamsters votes down a third round of wage and benefit concessions.

Click here to read more at the Kansas City Business Journal.

Get Advice Join TDU Donate

Recent News

Vote on TDU Convention Workshops

TDU will hold a series of online workshops and webinars starting on August 23 leading up to an online Convention on Sunday, November 8. Help decide what workshops to hold by taking this online poll.

TDU Convention Moves Online

The TDU Convention is moving online this year. We’ll be holding a series of workshops and zoom meetings starting on August 23rd, culminating in an online Convention on Sunday, November 8.

View More News Posts