Holland | YRC Worldwide, Teamsters trade plans to bolster trucking company

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The parties began talks Monday at the International Brotherhood of Teamsters’ headquarters in Washington. A Teamsters negotiating committee is reviewing YRC’s proposal, and negotiations were expected to resume Tuesday, according to an update on the Teamsters’ Web site. The union has said it is reaching out to stakeholders — such as pension funds and lenders — to address the cash issue.

YRC Worldwide, Teamsters trade plans to bolster trucking company - Kansas City Business Journal:
 
A subcommittee of the Teamsters National Freight Industry Negotiating Committee (TNFINC) and YRC Worldwide, Inc. (YRCW) exchanged proposals today, as both sides attempt to negotiate a plan aimed at addressing the company’s short-term operating cash needs. The TNFINC subcommittee is currently reviewing the proposal.

The negotiations are taking place at the Teamsters’ Headquarters in Washington, D.C and will resume tomorrow morning.


Teamsters and YRCW Exchange Proposals | International Brotherhood of Teamsters (IBT)
 
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