If Teamsters nix restructuring, the South Lebanon trucking company may close.
New Penn Motor Express's parent company is threatening to close the South Lebanon Township trucking company if Teamsters don't approve a restructuring agreement next week.
"I am hopeful that this proposed Change of Operations ultimately will not be necessary," Jack Peak, YRC Worldwide's senior vice president of labor relations and employment law, wrote in an Oct. 14 letter to Teamsters officials, including Teamsters President James P. Hoffa. "If, however, the Restructuring Agreement is not ratified by New Penn's employees, it will be necessary to convene a special Change of Operations hearing immediately following the (Oct. 29) ratification vote count."
Peak wrote that YRC Worldwide companies "are at a critical juncture in the restructuring of their businesses and operations." Full Story.......