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The Canadian Trucking Alliance Asked Politicians on Parliament Hill
Nov 3, 2014The Canadian Trucking Alliance asked politicians on Parliament Hill, who are looking into the safe transportation of goods by road, to consider a universal electronic logging device (ELD) mandate among other things. Incidents involving ...
Tags: electronic logging device, ELD
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Trucking Industry Leaders Announced an Industry-Wide Image and Education Initiative
Mar 28, 2014Trucking industry leaders announced an industry-wide image and education initiative, Trucking Moves America Forward, on Wednesday at the Mid-America Trucking Show in Kentucky. “Today’s modern truck drivers are skilled ...
Tags: Trucking industry, Facelift
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YRC Has Completed $1.15 Billion in New Financing, Including Term and Asset-Backed Loans
Feb 14, 2014YRC Worldwide Inc. said it has completed $1.15 billion in new financing, including term and asset-backed loans that will reduce borrowing costs by $40 million to $50 million annually and extend debt maturities to 2019. The $700 million ...
Tags: Transportation
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YRC Teamsters Voted to a Four-Year Contract Extension Through 2019
Feb 10, 2014Teamsters union members at YRC Worldwide Inc. voted to a four-year contract extension through 2019, which the carrier called a “key ingredient” toward refinancing $1.4 billion in debt. The result was announced Jan. 26 after ...
Tags: YRC, Teamsters union
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YRC, Teamsters Reached a Tentative New Labor Agreement to Help The Carrier
Jan 20, 2014YRC Worldwide and the Teamsters union said late Jan. 17 that they have reached a tentative new labor agreement to help the carrier deal with its debt and financial situation. The company said the plan extends the contract to 2019 as it ...
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YRC Is Evaluating New Approaches to Its Long-Term Contract Situation
Jan 17, 2014YRC Worldwide Inc. said is evaluating new approaches to its long-term contract situation in talks with the Teamsters union after last week’s rejection of an extension that would have solidified the carrier’s financial situation. ...
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UPS Freight Employees Approved a Five-Year Agreement
Jan 14, 2014UPS Freight employees in the Teamsters union approved a five-year agreement that gives workers a total $2.50 per hour wage boost that the union said makes them the best-paid drivers in the less-than-truckload industry. The tentative ...
Tags: UPS, UPS Freight, Transportation
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YRC Worldwide's Truck Drivers,Workers Have Rejected Expansion of Labour Contract
Jan 13, 2014YRC Worldwide's truck drivers and other employees, represented by Teamsters Union, have rejected a proposal to extend the current labour contract to 2019. Members voted over the past several weeks and ballots were counted Thursday. The ...
Tags: Transportation, Auto Parts
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YRC Rejected a Contract Extension Which Was Crucial to Refinancing Its Debt
Jan 13, 2014YRC Freight Teamsters at YRC Worldwide Inc. rejected a contract extension that the company said was crucial to refinancing its debt and ensuring long-term stability. The union announced the results of the vote late Jan. 9. A total of ...
Tags: YRC, contract extension, refinancing, teamsters, vote
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YRC Has Reached an Agreement with Some of Its Creditors to Reduce Its Debt
Dec 27, 2013YRC Worldwide Inc. has reached an agreement with some of its creditors to reduce its debt by about $300 million, a move the carrier said is a key to obtaining new concessions from the Teamsters union. As a result of the agreement, YRC's ...
Tags: YRC Worldwide, Teamsters union, reduce debt
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A Pair of 'Right-to-Work' Bills Was Finally Approved
Dec 14, 2012As more than 12,000 unionized workers and supporters protested at the Capitol in Lansing, the Republican-led state House of Representatives gave final approval to a pair of "right-to-work" bills covering public- and private-sector unions. ...
Tags: auto industry, union rights, Michigan