YRC Worldwide will talk with Teamsters union about pension payments

May 24, 2010: YRC Worldwide Inc. plans to talk with its union about its pension payments, which are supposed to restart early next year but may need to be delayed.

The Overland Park-based trucking giant (Nasdaq: YRCW) and the International Brotherhood of Teamsters union, which has worked with YRC on roughly $2 billion worth of concessions to help keep the company in business and thousands of its members employed, have formed joint committees to “address the company’s competitiveness and re-entry into union pension plans,” according to a Monday release.

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

Hoffa Suspends Opponents from Union Membership

Hoffa’s General Executive Board held a kangaroo court today and suspended six political opponents from union membership, including Teamsters United candidate Tim Sylvester. Members are gearing up for a legal fight to stop Hoffa’s power grab.

Rome Aloise Is Still Trying to Cash In

Facing a lifetime ban from the Teamsters, corrupt Hoffa power broker Rome Aloise is asking the judge for leniency so he can cash in as a consultant to employers. Attending his last GEB meeting, Aloise blamed his downfall on a right-wing conspiracy.

View More News Posts