YRC Management Claims They Can Impose Concessions Without A Vote

April 2, 2010: On March 16 YRC filed its annual 10-K report with the US Securities and Exchange Commission (SEC).

In that report, management made the startling claim that they can impose further concessions on Locals 705 and 710 without taking any vote.

Regarding Local 705 members, management states they continue to discuss with this unit the ratification of the full wage cut.

Who are they discussing it with? Hoffa? That would be news to Local 705 members.

Regarding Local 710 members, the SEC filing claims that management has “implemented the temporary pension contribution cessation” despite its rejection three times by the rank and file.

The most startling statement in their filing is that “The Company believes that it can impose all of the labor agreement modifications due to the merger of the unit with another larger bargaining unit [the national contract].”

So YRC management arrogantly claims they could unilaterally impose the full concessions on Local 710 (and presumably 705) members, but they are not doing so to get them to “consensually approve the modifications to avoid a labor dispute.”

Contract approval is an internal union matter. Did Hoffa give them the green light for this stand?


Be the first to comment

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

Recent News

1,500 Kroger Teamsters Exit the Central States Fund

Teamster employed at three Kroger warehouses and two dairies have been removed from the Central States Fund, in an arrangement similar the removal of 44,000 UPS Teamsters in 2007.  

The Push is On for Butch Lewis Act

Today, at a press conference held in Washington D.C., Mike Walden, president of the National United Committee to Protect Pensions (NUCPP), reminded the assembled press and Congressional staffers, Senators and House Representatives, delegations of Teamsters and Mineworker retirees, of Butch Lewis’s remark, “A promise is a promise is a promise.” It’s that promise that this movement has grown to defend. And it’s happening loud and strong as we reach for the new law that will protect that promised retirement security.

View More News Posts