Monday, November 21, 2005


Labor’s campaign against GOP President George W. Bush’s Defense Department personnel rules–rules that strip 800,000 workers of their union rights, collective bargaining, whistleblower protection, fairness in pay, job protections and more–accelerated in mid-November in Congress and in court. Labor got a win, at least temporarily, when federal workers’ unions and the Bush Justice Department–acting for DOD–agreed to delay the starting implementation of the new rules until at least Feb. 1. A court hearing on them may occur at about the same time. And unions got sympathetic comments from senators of both parties when they took their complaints to Capitol Hill on Nov. 17. Full story here.......

Zollars adopts trading plan for Yellow options

Yellow Roadway Corp. today said Bill Zollars, chairman, president and CEO, has adopted a stock trading plan.
Rule 10b5-1 of the Securities Act of 1934 enables corporate officers and directors to establish stock trading plans for the orderly sale of predetermined amounts of securities..
Overland Park-based Yellow said Zollars’ plan is a component of his overall tax and financial planning strategy that is designed to provide enhanced diversification and liquidity. The plan is effective for approximately three months.
Under the provisions of the plan up to 117,860 of the 272,325 stock options Zollars currently holds may be exercised and sold. Zollars’s ownership of 134,360 shares of Yellow Roadway common stock is unaffected.
At midday, Yellow Roadway shares were up 22 cents at $49.20. Shares have traded in a 52-week range of $38.81 to $64.47.