YRC Worldwide Inc. has terminated its employment agreements with CEO James Welch and CFO Jamie Pierson. However, the Overland Park-based company's top executives aren't going anywhere.

According to a Securities and Exchange Commission filing late Friday, the less-than-truckload carrier (Nasdaq: YRCW) announced that the company's board approved termination of Welch and Pierson's current employment agreements to grant them a new, more competitive package in 2015.

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

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