YRC Worldwide lenders extend deadline ahead of union vote result

October 27, 2010: YRC Worldwide Inc. will have some breathing room with its lenders, even if the tentative concessions agreement with its union fails to pass later this week.

In a securities filing Tuesday, the Overland Park-based trucking company (Nasdaq: YRCWD) said the recent renewal of a key piece of financing won’t expire immediately if the International Brotherhood of Teamsters votes down a third round of wage and benefit concessions.

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

Get Advice Join TDU Donate

Recent News

Amazon Ordered to Bargain with Teamsters in California

An administrative law judge has ordered Amazon to recognize and bargain with Teamsters at the DCK6 delivery warehouse in San Francisco after finding the company violated federal labor law by refusing to recognize the union.

Five Steps to Make UPS Deliver Water & Ice for Inside Workers

Our Teamster contract requires UPS to provide water and ice for every Teamster, including inside workers. Here are five steps to make management honor the contract and do their job.

View More News Posts