Monday, March 07, 2011

Harry Wilson Tapped By Teamsters To Rescue Ailing Trucking Company And Union Jobs

Harry Wilson, last year’s Republican candidate for state comptroller, made a name for himself by helping rescue General Motors from bankruptcy. Now, months after an election he narrowly lost, he has turned his attention from the vehicles to the drivers.

The International Brotherhood of Teamsters recently invited Wilson to help restructure the ailing trucking and freight company, YRC Worldwide, in what they billed as an effort to help save thousands of unionized jobs and prevent the company from going under.

One of the largest trucking companies in the country, YRC had racked up a sizeable debt in recent years, endangering over 20,000 union jobs, the Teamsters said. According to a source with knowledge of the agreement, the union reached out to Wilson the first week in January to devise a rescue. Full Story........

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