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: Colorado Local 17 officers and business agents have all agreed to take a 10% pay cut. Their local union website states that, “The savings from this historic measure will continue to increase Local 17's financial growth. Following the lead from the Local 17 YRC members, we want all Local 17 members we share the benefits and sacrifices together with you.” It sounds like good unionism, and the Local 17 members appreciate it....

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...