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Exclusive: YRC's Pierson talks new compensation plan, turnaround

Austin Alonzo Kansas City Business Journal April 06, 2015 View the original piece Jamie Pierson doesn't want to take all the credit for YRC Worldwide Inc.'s turnaround effort. Since joining the company in 2011, the Overland Park-based less-than-truckload carrier has come a long way. It has dodged bankruptcy and default fears, reorganized its labor agreement with its union employees and reached a new debt agreement that will allow the company to focus on doing business. With two straight profitable...

Trucking employment approaches peak, pressuring driver wages, rates

William B. Cassidy Journal of Commerce March 25, 2015 View the original piece As the U.S. heads toward what some economists consider “full employment,” trucking companies tracked by the Labor Department hired an additional 2,600 workers in February, pushing the monthly JOC.com Trucking Employment Index reading up to 99.9. That means the more than 100,000 motor carriers surveyed by the U.S. Bureau of Labor Statistics for its monthly U.S. employment situation report are only one-tenth...

YRC's top executives earn big increases in total compensation in 2014

Austin Alonzo Kansas City Business Journal March 19, 2015 View the original piece YRC Worldwide Inc.'s top executives received large increases in total compensation in 2014, according to the company's annual proxy statement. On Tuesday afternoon, the Overland Park-based less-than-truckload carrier (Nasdaq: YRCW) filed its annual proxy statement with the Securities and Exchange Commission. The filing disclosed the amount paid to YRC's top executives and directors in 2014. Click here to read more.

Freezing workers claim dangerous, inhumane conditions

Howard Frank Osha Today March 06, 2015 View the original piece Employees at an open, doorless Tannersville freight facility say they are forced to work in freezing temperatures for eight hours a day with just a 30-minute lunch and 10-minute break. Not true, said Neovia Logistics Services and Management, the Texas-based company that runs the facility. The company says employees can take whatever discretionary breaks they need in the cold. Yet accusations come from a number...

Sen. Cory Booker Looks to Unsuspend HOS Rule 'As Soon As Possible'

Eugene Mulero Transport Topics March 05, 2015 View the original piece New Jersey Democrat Cory Booker plans to restore a recently suspended hours-of-service rule under review by the Federal Motor Carrier Safety Administration, the senator told Transport Topics after a Senate hearing March 4. Last year, Booker and Sen. Richard Blumenthal (D-Conn.) strongly resisted suspending the rule, finding support from key stakeholders. “I think we have a serious issue, as everybody concludes, about driver fatigue,...
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