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Holland | a letter from the president

Rodeo

Rodeo

TB Regular
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January 9, 2014
YRC Worldwide Reviewing Options After Unsuccessful MOU Vote
OVERLAND PARK, Kan., Jan. 9, 2014 (GLOBE NEWSWIRE) -- The International Brotherhood of Teamsters announced earlier today that employees did not approve the Memorandum of Understanding (MOU) extension proposal made by YRC Worldwide Inc. (Nasdaq:YRCW). Company officials are in contact with Teamster leaders to explore options.*

"While we are disappointed in the outcome of the vote, we believe that timing of events related to our refinancing did not work in our favor.*Many employees had already returned their ballots prior to December 23, the date the company announced it had a refinancing agreement in place.*We believe that was information employees needed to make a fully informed decision," said YRC Worldwide CEO James Welch.*

"Despite the vote results, it is business as usual as we have approximately 15,000 trucks on the road today serving 250,000 customers. We will keep our customers, employees and stakeholders advised of our efforts," concluded Welch
 
So Mr Welch, do you really think that the timing of you re-financing agreement had any outcome on this vote? Have you ever thought for a minute that maybe its the fact that you can only feed someone so much s##t before they realize its not steak?
 
Rodeo said:
January 9, 2014
YRC Worldwide Reviewing Options After Unsuccessful MOU Vote
OVERLAND PARK, Kan., Jan. 9, 2014 (GLOBE NEWSWIRE) -- The International Brotherhood of Teamsters announced earlier today that employees did not approve the Memorandum of Understanding (MOU) extension proposal made by YRC Worldwide Inc. (Nasdaq:YRCW). Company officials are in contact with Teamster leaders to explore options.*

"While we are disappointed in the outcome of the vote, we believe that timing of events related to our refinancing did not work in our favor.*Many employees had already returned their ballots prior to December 23, the date the company announced it had a refinancing agreement in place.*We believe that was information employees needed to make a fully informed decision," said YRC Worldwide CEO James Welch.*

"Despite the vote results, it is business as usual as we have approximately 15,000 trucks on the road today serving 250,000 customers. We will keep our customers, employees and stakeholders advised of our efforts," concluded Welch
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This guy cannot just stand up and say, "they saw right thru me and didn't by into my crap". This is the very attitude that caused this vote today. That and they started out with just a continuation on the old contract and then wanted to make multiple changes instead. It's as if you can hear his arrogance thru his written words.
 
After six years they finally got the employees to not just draw another line in the sand. Six years and not the FIRST sign of the company is making any headway into paying down the debt. If he thinks for one second that he can send the same garbage out for another vote it will get rejected again.
 
the company just can't pull a rabbit out of their hat like they did on their own. Go to the union and negotiate. End of story.
 
There is life after Holland, I jumped ship the last day in Sept 09, half retirement, 3&1/2 years from 30, could not understand why people with 30 stayed, it's been hard but I got my life back and I no longer have that bad taste in my mouth that came from dedicating my time to serpents
The very best of luck to you, if they close someone will pickup the freight.
 
Goes to show how out of touch management is with reality. Setting. Us up to earn 2005 wages in 2019
Had nothing to do with our decision, not to mention no pension credit for rank and file workers for a other five years.
 
howlinwolf said:
Goes to show how out of touch management is with reality. Setting. Us up to earn 2005 wages in 2019
Had nothing to do with our decision, not to mention no pension credit for rank and file workers for a other five years.
Click to expand...
You have been on nearly a 40% pay cut since 2009, that puts you closer to 1985 wages.
 
Message to the President

"While we are disappointed in the outcome of the vote, we believe that timing of events related to our refinancing did not work in our favor.*Many employees had already returned their ballots prior to December 23, the date the company announced it had a refinancing agreement in place.*We believe that was information employees needed to make a fully informed decision," said YRC Worldwide CEO James Welch.*

How niave! Jim, the voting reflected just how informed the members were contrary to your delusional beliefs. Mr., you are so out of touch with this company, the direction it needs to go, the means to get it there and the people it will take to get it there it may be time you retire to some stump pulling farm.

You seriously thought you could single handedly move the LTL workforce working conditions to pre 1970? The motions you proposed would have been felt across the industry but, well, you knew that didn't you, sir.

Good Luck in your future endeavors. I believe you have NONE here, Sir
As to the IBT leadership ...... now get off your as yet useless butts and NEGOTIATE in GOOD FAITH as you are MANDATED to do by our Charter
 
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