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.
( categories: Featured News | Freight )
YRCW has reduced its man power, combined terminals, cut costs and reduced the wages and the compensation packages of everyone (except Tim Wicks) and they still can not make a profit, yet the Teamsters want to continue to take from the workers to fill the dues bucket.. The company has trucks that they need drivers to operate and the union has salaries that they need the members to pay and the people that are the most impoprtant factor in the equation are the drivers and dock workers, but the many continue to be controlled by the few.. Think abouit how much we gave to the companies and how they make it look like it is our fault and we need to do a better job when the problem is the IDIOTS they have running our terminals and general offices....Before you vote (which is bound to happen again) think about the next move in the union busting game of chess that you are involved in. sincerely Steve Patistea former Yellow employee and current New Penn employee...