YRC Worldwide will talk with Teamsters union about pension payments

May 24, 2010: YRC Worldwide Inc. plans to talk with its union about its pension payments, which are supposed to restart early next year but may need to be delayed.

The Overland Park-based trucking giant (Nasdaq: YRCW) and the International Brotherhood of Teamsters union, which has worked with YRC on roughly $2 billion worth of concessions to help keep the company in business and thousands of its members employed, have formed joint committees to “address the company’s competitiveness and re-entry into union pension plans,” according to a Monday release.

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

Get Advice Join TDU Donate

Recent News

2025 TDU Convention: Register Now & Save $100

Our 2024 TDU Convention was our biggest ever with 600 registrants! Save your spot now to make sure you can attend the 2025 Convention.

UPS Profits: $2 Billion in Third Quarter of 2024, Volume Up

UPS released their profits and revenue financials yesterday for the third quarter of 2024, with higher than expected profits despite a slowdown in online sales in the United States.

View More News Posts