YRC Worldwide Inc. Chief Executive Bill Zollars called a legal challenge to the struggling trucking company's critical new labor concessions meritless on Friday, saying YRC likely will counter sue in the case.ABF Freight System Inc., the largest subsidiary of YRC Worldwide rival Arkansas Best Corp., filed a lawsuit this week against YRC and the International Brotherhood of Teamsters. ABF contends YRC's latest union concessions, as well as two previous rounds of concessions, violate the collective bargaining agreement governing the bulk of employees at unionized U.S. trucking companies, tilting the playing field in YRC's favor in terms of costs. Full Story....
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