June 18, 2009: CEO Zollars said of the U.S. economy that "it looks like things have stabilized," but added that a return to growth was not likely this year. "We don't expect any meaningful recovery in 2009," he said. "We think things are going to stay flat for quite a while." Click here to read more at Reuters.

June 12, 2009: The International Union has called national meetings for June 17-18 to discuss further concessions to YRC. On June 17 there will be a meeting of pension fund chairs and administrators, and on June 18 there will be a “mandatory” meeting of union representatives from all local unions with YRC, Holland, or New Penn members. The announcement of the meeting states it is to give “the most current information available regarding the YRC...

June 8, 2009: YRC has been terminated from participation in the Teamster pension fund in the West, effective June 10. At the same time, the Hoffa administration is planning to re-open the national contract. The Western Conference of Teamsters Pension Fund, which covers the thirteen Western States, has now issued a statement to locals, which is available here. Hoffa issued a press release on June 5 which indicates the union needs to modify the contract...