IBT Picks Roadway labor relations man for YRC Board

Austin Alonzo
Kansas City Business Journal
July 14, 2014

Late Friday, the Overland Park-based less-than-truckload carrier (Nasdaq: YRCW) and the International Brotherhood of Teamsters announced that the union-nominated and the company-approvedDavidson will join YRC's nine-member board.

Davidson will fill the seat Harry Wilsonvacated in March. Wilson, the chairman and CEO of New York-based MAEVA Group LLC, resigned from the board after seeing the company through a financial restructuring in early 2014. Between February 2013 and March 2014, YRC paid MAEVA $12.5 million for its services.

Click here to read more at The Kansas City Business Journal.

Get Advice Join TDU Donate

Recent News

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

Sysco Profits Up

Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year.  Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.

View More News Posts