Wednesday, August 29, 2007

YRC Worldwide to start talks early with Teamsters

YRC Worldwide Inc. of Overland Park late Tuesday said its TMI member subsidiaries will start discussions on a new contract with the Teamsters as soon as early September.

The current national master freight agreement with the International Brotherhood of Teamsters expires April 1, 2008.

“We are looking forward to the possibility of an early renewal to our contract, which will be in the best interest of our employees, our customers and our shareholders,” Bill Zollars, chairman, president and chief executive officer of YRC Worldwide, said in a news release.

During contract talks, the Teamsters National Freight Industry Negotiating Committee will represent the union. Transportation Management Inc. will represent the YRC Worldwide subsidiaries, including Yellow Transportation, Roadway and others.

Mike Smid, president and CEO of YRC National Transportation, serves as chairman of TMI and will lead the negotiating team.

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