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YRC Worldwide delays financial report amid labor talks

Mark Davis The Kansas City Star November 07, 2013 View the original piece YRC Worldwide Inc., saying it intends to negotiate an extended labor contract with the Teamsters union, has delayed release of its quarterly financial report. The third-quarter financial report originally scheduled for Thursday has been pushed back to Tuesday of next week, a company statement said. The statement, released late Wednesday, did not indicate why a delay was needed. The Overland Park-based trucking...

YRC hits snooze on earnings announcement

Kansas City Business Journal November 07, 2013 View the original piece YRC Worldwide Inc. had originally been expected to release earnings last week, but then it scheduled them for Thursday. On Wednesday afternoon, the Overland Park based less-than-truckload carrier (Nasdaq: YRCW) delayed its quarterly financial report to Tuesday. YRC cited its meeting with Teamsters in Dallas and the negotiations it hopes will follow, The Kansas City Star reports. If YRC can negotiate an extended labor...

Welch: YRC needs concession extensions from Teamsters

Austin Alonzo Kansas City Business Journal November 05, 2013 View the original piece YRC Worldwide Inc. says it needs the Teamsters to extend existing concessions if the company is to be able to refinance its debts. James Welch, CEO of the Overland Park based less-than-truckload carrier (Nasdaq: YRCW), sent a letter to employees explaining why company executives are meeting with International Brotherhood of Teamsters leaders Tuesday in Dallas. “Our lenders have made it clear the...

YRC chief to ask for fresh union sacrifice as company, Teamsters set to meet tomorrow

Mark B. Solomon DC Velocity November 04, 2013 View the original piece The forbearance of YRC Worldwide Inc.'s unionized workforce is about to be tested again. Tomorrow in Dallas, YRC executives will brief leaders of the Teamsters Union representing about 25,000 YRC employees. The meeting will cover the Overland Park, Kan.-based company's recent performance, its future prospects, and the need to prepare for the first of a round of debt obligations set to come due...

ABF Master Contract to Be Implemented As IBT Negotiating Committee OKs Last Rider

Rhonda Smith BNA Daily Labor Report November 04, 2013 View the original piece Members of the International Brotherhood of Teamsters' ABF master negotiating committee Oct. 30 accepted ABF Freight System Inc.'s last proposal for the only unapproved supplement to the national master freight agreement after members covered by the Central Region Local Cartage Agreement voted not to authorize a strike, the union announced. Approval of the last of 27 supplements paves the way for implementation...
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