July 8, 2009: Struggling No. 1 U.S. trucking company YRC Worldwide Inc has asked investment bank Rothschild to evaluate potential bond exchanges as part of its restructuring plans, according to a source familiar with the matter.
Rothschild was retained early this year by Overland Park, Kansas-based YRC, but has only recently been asked to take a more active role, the source said.
Click here to read more at the New York Times.
The Teamsters Independent Investigations Officer, Judge Timothy Hillman, has recommended that charges be filed against Albany Local 294 President Thomas Quackenbush for illegally converting union funds into thousands of dollars in gifts for its retiring principal officer.
Our contract campaign at UPS forced the company to install 18,000 new fans inside of buildings. Many of those fans are filthy and just spew dust and dirt around. We can make UPS address the problem by taking union action. Here’s how.
