newsworthy YRC to submit revised contract offer to Teamsters; no re-vote slated on initial proposal January 16, 2014 Mark B. Solomon No Comments Company, top union leaders meet to find alternate path to labor peace.Read More
newsworthy Six months after decisive rejection, UPS Freight workers ratify five-year pact January 13, 2014 Mark B. Solomon No Comments Pay will make workers best paid in LTL, Teamsters say; some allege scare tactics by union, company.Read More
newsworthy A vote in anger January 10, 2014 Mark B. Solomon No Comments Union rejection of YRC contract extension triggers regrets and recriminations and releases pent-up anger of the past four years.Read More
newsworthy YRC workers soundly reject contract extension, casting uncertainty over company's future January 9, 2014 Mark B. Solomon No Comments Defeat sends YRC, Teamsters back to the drawing board.Read More
newsworthy YRC readies $1.15 billion in loans to refinance debt January 7, 2014 Mark B. Solomon No Comments Package contingent upon worker ratification of five-year contract extensionRead More
newsworthy YRC, lenders and investors agree to refinance $300 million debt December 23, 2013 DC Velocity Staff No Comments Deal contingent on union approval of extended contract.Read More
newsworthy YRC's unionized workers face another moment of truth December 9, 2013 Mark B. Solomon No Comments Management warns firm could cease business Feb. 1 without labor pact ratification, dissident communiqué says.Read More
newsworthy YRC CEO confident Teamsters will ratify extension to current contract November 27, 2013 Mark B. Solomon No Comments YRC jobs are "some of the best in the industry," Welch says.Read More
newsworthy Forward and reverse: The diverging fortunes of two LTL carriers November 14, 2013 Mark B. Solomon No Comments If you don't think trucking is a two-way street, just ask YRC and ABF.Read More
newsworthy Crippled by double-digit interest rates, YRC needs financing relief to survive, memo says November 8, 2013 Mark B. Solomon No Comments Company paying $150 million annually just to service debt, Teamsters told.Read More