November 25, 2008: YRC Worldwide management is seeking to cut Teamsters wages as it tries to arrange new financing to pay off debt.
The Teamsters union said it has been in talks for several weeks over givebacks on the National Master Freight Agreement, the labor contract that was renewed earlier this year.
Click here to read more at Traffic World.Costco Teamsters were mailed ballots on May 20th to vote on a substandard contract offer. Teamster members and the National Negotiating Committee agree: members need to get informed, talk with other Teamsters, and Vote No on this slap in the face.
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.
