YRC Worldwide’s 1Q Loss Widens
Transport Topics
05/01/2014
YRC Worldwide Inc. said May 1 its first-quarter loss nearly tripled due to factors such as winter weather and claims costs.
Freight
Rebuilding Teamster Power in Freight
“Let’s use this crisis as an opportunity to fight for what we deserve. It’s time to stop belly aching and get organized. Call TDU and set up a meeting in your area. That’s what I plan to do.”
Frank Rogers, Yellow, Local 41, Kansas City
Concerned About the Future? Do Something About It
Teamsters for a Democratic Union is bringing together Teamsters from across our union to work together to reverse the decline and rebuild Teamster Power in freight.
Freight resources from TDU
NoFreightConcessions.org
National Master Freight Agreement and Supplements
Email Updates
Contact TDU about meeting with freight Teamsters in your area
Click here to join TDU and become a part of our movement.
Freight News
Teamsters urge 'no' vote on YRC compensation package
Kansas City Business Journal
04/22/2014
Leaders of the International Brotherhood of Teamsters are asking YRC shareholders to vote against a number of proposals concerning executive compensation at YRC Worldwide Inc.
Foxx Prods Congress to Act
Transport Topics
04/21/2014
U.S. Transportation Secretary Anthony Foxx visited several critical freight corridors during an eight-state bus tour last week, saying the future sustainability of America’s roadways depends on Congress addressing the infrastructure funding crisis.
Drivers Win $2.2 Million in Calif. Contractor Status Case
Transport Topics
04/11/2014
A California state agency has ruled that seven drivers for Pacer International Inc. who challenged their status as independent contractors can collect $2.21 million.
The Department of Labor Standards Enforcement ruled the drivers were company employees, rather than independent contractors. Pacer, which recently became part of XPO Logistics, has filed a notice of appeal.
YRCW Annual Meeting: “Teamsters Welcome”
March 25, 2014: YRCW’s annual meeting on April 29 is open to anyone who owns any common stock. And Teamsters own stock. Want to question CEO James Welch, in front of the media?
Teamsters score a win against “sharecropping on wheels.” But will the trucking industry really change?
The Washington Post
03/25/2014
Along with auto technicians, fast food workers, and baggage handlers, another profession has been hit by the separation of labor from employer: Port truckers, who haul containers from cargo ships on short trips around the terminal. Years of deregulation have led to more of them being classified as "independent contractors," with lower pay and fewer rights, rather than unionized employees.
Port truck drivers vying to join union get state, federal boost
Los Angeles Times
03/21/2014
A string of actions by state officials and the National Labor Relations Board has strengthened the hand of truck drivers who say they need union representation to improve pay and working conditions for the thousands who transport cargo out of the ports of Los Angeles and Long Beach.
Top YRC execs Welch, Pierson see pay rise in 2013
Kansas City Business Journal
03/20/2014
YRC Worldwide Inc.’s top executives made more in 2013 than they did in 2012, according to a Securities and Exchange Commission filing.
YRCW Financial Analysis
Stifel
03/18/2014
Late last month, YRC Worldwide reported adjusted 2013 EPS of ($5.09), versus the Street's ($11.17) estimate and our ($6.70) estimate, and in this note, we are updating our earnings model for the refinancing and recent results.
DOT Issues Electronic Logbook Regs
Truckinginfo
03/14/2014
The Federal Motor Carrier Safety Administration on Thursday unveiled its proposal to require interstate commercial truck and bus companies to use Electronic Logging Devices in their vehicles to improve compliance with the safety rules that govern the number of hours a driver can work.
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