Freightmaster1
TB Legend
- Credits
- 575
"Teamsters union executives who negotiated the agreement said they extracted as much money from YRC as possible. The head of the union’s freight division, Ernie Soehl, warned last week that shippers will likely pull their freight from YRC should the contract be rejected. Should that happen, the three operating companies may go out of business before May 31, the date a two-month extension to the existing contract comes to an end, he said.
Satish Jindel, head of SJ Consulting, said YRC shippers have remained supportive of the company during the negotiations. He also said that he is supremely confident that the rank-and-file, knowing what’s at stake and the money that YRC is spending, will ratify the contract. “If they can read English, they cannot even think of voting this down,” he said."
https://www.freightwaves.com/news/ltl/yrc-workers-management-face-different-crossroads-n284f?rq=yrc
Satish Jindel, head of SJ Consulting, said YRC shippers have remained supportive of the company during the negotiations. He also said that he is supremely confident that the rank-and-file, knowing what’s at stake and the money that YRC is spending, will ratify the contract. “If they can read English, they cannot even think of voting this down,” he said."
https://www.freightwaves.com/news/ltl/yrc-workers-management-face-different-crossroads-n284f?rq=yrc