Thursday, September 23, 2010

Teamsters plan update about YRC Worldwide negotiations

The International Brotherhood of Teamsters has scheduled a Sept. 29 meeting to update its local unions and pension fund representatives about ongoing negotiations with YRC Worldwide Inc.

In a notice on the Teamsters’ website, the union also has asked its locals to schedule membership meetings on Oct. 2-3 and/or Oct. 9-10.

The union provided no other details about the talks, saying only that its National Freight Industry Negotiating Committee “continues to meet with YRCW this week to work through issues related to its financial situation.”

A spokeswoman with Overland Park-based YRC didn’t immediately respond to a request for comment.

The two sides have been meeting since the summer. YRC seeks to extend the current 18-month waiver of its obligation to contribute to union pension funds as well as other steps to give the trucking company greater financial flexibility.

No comments: