YRCW Slideshow Presentation To Investors-May 2016

Discussion in 'Central States Pension Fund Discussion' started by Freightmaster1, May 17, 2016.

  1. Freightmaster1

    Freightmaster1 Well-Known Member

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    http://files.shareholder.com/downloads/YRCW/2081496617x0xS1193125-16-587250/716006/filing.pdf

    Check out this YRCW slideshow presentation delivered today at the Bank of America Merrill Lynch 2016 Transportation Conference in Boston, MA. Please take note of the pension information on pages 35 and 36 of the Appendix entitled Multi-Employer Pension Plans Contingent Liability and Single Employer Pension Plans. Remember that the trustees of the Central States Pension Fund agreed to take a much smaller contribution rate ($70.00 a week vs. $342.00 a week for ABF Freight) in a Memorandum of Understanding between YRCW and the IBT which was voted on by the active employees at YRC Freight and Holland.

    :chairshot:
     
  2. bigtruk_us

    bigtruk_us Well-Known Member

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    Ok so could you break it down for us lehman folks? I read pages 34 and 35 seems like they are doing what they are CONTRACTUALLY obligated to???
     

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