Crisis at YRC having ripple effect on labor

April 5, 2010: The International Brotherhood of Teamsters (IBT) has seen a lot in its 107 years of existence. But in its near two-year effort to rescue troubled trucker YRC Worldwide Inc., it's a safe bet the venerable union went where it has never gone before.

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During 2009, as YRC's financial situation grew more precarious, its 35,000 Teamster employees agreed to two wage reductions and an extraordinary 18-month freeze on YRC's pension contributions.

Click here to read more at DC Velocity.


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