June 25, 2009: YRC Worldwide Inc., again seeking cost cuts, will start talks Monday to modify the labor agreement with its biggest union.
The Overland Park-based trucking company (Nasdaq: YRCW) said late Wednesday that discussions with the International Brotherhood of Teamsters will look at ways to lower YRC’s cost structure and maintain operating capital.
Click here to read more at the Kansas City Business Journal.
The Teamsters joined the United Autoworkers (UAW) and five other international unions representing members at the largest U.S. defense contracts in a letter calling on Congress to ban defense contractors from funneling money to Wall Street investors through stock buybacks and dividends instead of investing in jobs and infrastructure.
Amazon drivers at the company’s DBK1 facility in New York City marched on the boss to demand union recognition and better pay, healthcare, and job security.
