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YRCW will “revise proposal” to Teamsters

January 16, 2014
January 16, 2014.  YRCW CEO James Welch now says that the company will “revise its proposal” for a contract extension, to work with the Teamsters and with their lenders to enable the company to re-finance its debt. In a statement issued today. Welch admitted that “re-voting the same proposal is not an option.” Teamsters at YRCW clearly gave Welch that information with the overwhelming rejection of the company’s first extension proposal. Welch now plans to...

YRCW Teamsters ask: Where’s Hoffa?

January 15, 2014
January 15, 2014: YRCW Teamsters are asking: where are Hoffa and the IBT Freight Division?  YRCW terminal management personnel are working over Teamsters, asking them to call the IBT and request a re-vote, while hinting of a possible closure. The IBT Freight Division has stated there will be no re-vote of the same proposal. We can all agree on that. Hoffa and Freight Director Tyson Johnson are MIA, leaving YRC Teamsters to fend for themselves....

50th Anniversary of the Master Freight Agreement

January 15, 2014
January 15, 2014.   Today is the 50th anniversary of the National Master Freight Agreement, first signed on this date in 1964.  It covered 400,000 Teamsters and was the culmination of decades of organizing, starting with the courageous Minneapolis strikers of 1934. It was also the high-water mark of Jimmy Hoffa, who came up from the streets of Detroit and fought his way to the top of the Teamsters Union, with the help of the mob....

YRC Scrambles in Wake of Teamsters' 'No' Vote

January 13, 2014
William B. Cassidy Journal of Commerce January 12, 2014 View the original piece If it hopes to survive as a company, YRC Worldwide needs to act quickly after Teamsters employees rejected extended wage and benefit concessions the trucking operator’s lenders made a prerequisite for refinancing $1.36 billion in debt. However, the nation’s second-largest less-than-truckload operator has only one route forward — back through the same Teamsters who rejected the concessions. That means either a second...

A vote in anger

January 11, 2014
Mark B. Solomon DC Velocity January 11, 2014 View the original piece The decisive rejection yesterday by YRC Worldwide Inc.'s unionized workers of the company's proposed five-year contract extension was more than a referendum on the merits of the proposal. It was a referendum on the past four years. Since 2009, the less-than-truckload (LTL) carrier's 26,000-member rank and file have agreed to multiple concessionary agreements to keep their employer alive. The givebacks have resulted in reduced...
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