CEO seeks to reassure customers; Teamsters' contract up in 2008
By Ripley Watson
Bloomberg News Service
YRC Worldwide Inc., the biggest U.S. trucker, said it's prepared to start contract talks early with the Teamsters union, following an approach taken by United Parcel Service Inc.
"We'd be interested in doing that,'' YRC CEO William Zollars, 58, said in an interview Friday, without giving a time frame for a possible reopening. The company's Teamsters contract, covering 50,000 employees, expires in 2008.
Early talks would reassure customers, Zollars said. UPS, the biggest package shipping company, lost business in 2002 as Teamsters talks approached a strike deadline. Last month, UPS decided to move up the start of talks for its current Teamsters contract, covering about 210,000 drivers and dock workers, which expires in two years.
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By Ripley Watson
Bloomberg News Service
YRC Worldwide Inc., the biggest U.S. trucker, said it's prepared to start contract talks early with the Teamsters union, following an approach taken by United Parcel Service Inc.
"We'd be interested in doing that,'' YRC CEO William Zollars, 58, said in an interview Friday, without giving a time frame for a possible reopening. The company's Teamsters contract, covering 50,000 employees, expires in 2008.
Early talks would reassure customers, Zollars said. UPS, the biggest package shipping company, lost business in 2002 as Teamsters talks approached a strike deadline. Last month, UPS decided to move up the start of talks for its current Teamsters contract, covering about 210,000 drivers and dock workers, which expires in two years.
Read more