April 30, 2009: The Central States Pension Fund has convened a “Pension Fund Review Committee” to analyze information and to advise funds regarding YRC’s proposal to put up real estate as collateral while deferring payment of pension moneys to the funds until 2010. The Review Committee will include representatives of Central States, the Western Conference Fund, the New England Fund, the Central Pennsylvania Fund, the Upstate New York Fund, and the Local 710 Fund. No...

April 24, 2009: Is the Hoffa administration quietly raising the dues of road drivers without a vote? It looks that way. “We got a pay cut, now our dues go up?! Maybe it’s time Hoffa and his appointees took a cut,” Cliff Roberts, YRC road driver in Local 407, told us. Road drivers in Cleveland Local 407 have just been hit with a big dues hike this month, just three months after hundreds of them...

April 24, 2009: Few trucking companies have the financial artillery to seek and acquire rivals as demand falls and capacity-rich customers drive down rates, but Arkansas Best is one of them. By the end of April, the Fort Smith, Ark.-based parent of ABF Freight System, the country’s No. 2 national less-than-truckload freight carrier behind YRC Worldwide, expects to have a formal acquisition plan — which took six months and $800,000 to draw up — allowing...