YRC Worldwide considers looming financial hurdles

May 4, 2010: While YRC Worldwide Inc. CEO Bill Zollars said the company is making headway in its comeback bid, he acknowledged that pension expenses loom as a hazard.

“That’s the biggest single cost that would return to us in 2011,” Chairman and CEO Bill Zollars said during a Tuesday conference call to discuss YRC's first-quarter earnings.

Click here to read more at the Kansas 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

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