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TRUCKING INDUSTRY * USA - YRC Teamsters Near Deadline for Ballots
But separate contracts at some subsidiaries will require an additional vote
Lanham,MD,USA -The Journal of Commerce, by William B. Cassidy -Aug 5, 2009: -- A top Teamsters union official stressed that all employees of YRC Worldwide will share “equal sacrifice” if proposed wage and benefit cuts are approved this week... Teamsters at YRC, Holland and New Penn will decide the fate of the wage and benefit package as early as tomorrow — ballots had to be in Lanham, Md., by Aug. 6... However, a separate vote will be required for union workers at some YRC subsidiaries, a step not expected to slow the plan significantly if it is approved Aug. 6... Union workers at YRC Glen Moore and Reddaway, former USF companies, will vote separately on the wage and benefits reduction package negotiated by the Teamsters and the company, Teamsters National Freight Director Tyson Johnson said in a memo...* TravelCenters’ 2Q Loss Widens
Westlake,OH,USA -Transport Topics -5 Aug 2009: -- Truck stop chain TravelCenters of America said Wednesday its second-quarter loss widened to $15 million, or 90 cents per share, from $9.8 million, or 67 cents, a year ago... Revenue fell to $1.13 billion from $2.28 billion a year ago, the company said... TA said “the continued slowing of the U.S. economy presented TA with significant operating challenges”...Labels: trucking industry news USA
posted by Unknown @ 5:06 PM
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