December 3, 2008: YRC Teamsters will vote on a proposal to cut their wages by 10%, slash annual raises by 10% and give back scheduled COLA increases under a deal that would last through 2013.
The Hoffa administration presented its YRC Economic Relief Plan to officers from affected Teamster Local Unions today in Scottsdale, Arizona.
We will be updating our coverage of these developments. Check back here for additional details and analysis.
Click here to read the official Summary of Economic Relief Plan.
Click here to read the full Memorandum of Understanding.