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YRC Worldwide Inc and IBT reach tentative agreement on revised proposal

Friday, 17 Jan 2014 05:45pm EST 

YRC Worldwide Inc:Says that it has reached a tentative agreement with officials of the International Brotherhood of Teamsters on an extension of its collective bargaining agreement to Mar. 2019.Says the tentative agreement contains a number of revisions to the company's previous proposal which address concerns raised by the Teamsters leadership and its members.Says the previous proposal, which was voted without reaching an agreement with the union was not ratified by the company's employees.Says in contrast, this MOU extension was negotiated with the union.Says details of the revised proposal will be reviewed by local union officials at a 'two-person' meeting of local union officials to be held on Jan. 21. 

Latest Developments for YRC Worldwide Inc

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0.83 +3.68%
21 Nov 2014