International Brotherhood of Teamsters

International Brotherhood of Teamsters

19 Sep 2014
The Teamsters union and safety advocates from the Highway and Auto Safety, Citizens for Reliable and Safe Highways have filed a federal lawsuit against the U.S. Department of Transportation and the Federal Motor Carrier Safety Administration in attempt to force the agencies to issue a rule outlining training standards for entry-level truck drivers.
28 Jan 2014
With its new Teamsters contract in hand, YRC Worldwide launched a $300 million debt-for-equity exchange today, the next step in a major debt reduction and refinancing program.
YRC hybrid truck
27 Jan 2014
When YRC Worldwide’s Teamsters employees approved a five-year contract Jan. 26, they gave the struggling company more than just concessions needed to refinance $1.36 billion in debt and avoid bankruptcy. They gave the $4.9 billion trucking operator the chance to break free of a cycle of short-term crises and “reset” its business.
Three YRC Freight trucks
27 Jan 2014
YRC Worldwide’s Teamsters employees approved a five-year contract by a wide margin this weekend, giving the struggling trucking operator concessions needed to refinance $1.36 billion in debt.
YRC Worldwide truck
24 Jan 2014
This weekend, about 26,000 YRC Teamsters will visit union halls across the country to vote on the second proposed contract aimed at extending wage and pension benefit concessions. Their vote will determine whether YRC Worldwide has a shot at refinancing $1.36 billion in long-term debt.
17 Jan 2014
The Teamsters union and YRC Worldwide reached a tentative contract agreement Friday that must be reviewed by local union leaders before being put to a vote.
17 Jan 2014
The International Brotherhood of Teamsters wants YRC Worldwide to offer “meaningful improvements” in any contract proposal that replaces the one defeated by rank-and-file members last week.
YRC Freight truck
16 Jan 2014
YRC Worldwide said it will revise its failed contract proposal, rather than put the proposal to a second vote. The company is in discussions with Teamsters union leaders.
14 Jan 2014
YRC Worldwide CEO James Welch urged employees “to stay focused on providing the best possible customer service” as the company works “diligently to explore all options available” after YRC Teamsters rejected the company’s contract proposal.
UPS Freight
13 Jan 2014
UPS Freight Teamsters approved a new five-year contract last weekend that raises wages but gives the LTL carrier some flexibility to subcontract line-haul work.
10 Jan 2014
YRC Teamsters decisively rejected proposed concessions, casting the company's ability to refinance $1.4 billion in debt before it comes due into doubt.
YRC Freight truck
02 Jan 2014
The deadline is drawing near for a Teamster vote that could decide the fate of $4.9 billion trucking operator YRC Worldwide by deciding whether to extend wage and benefit cuts an additional four years through 2019.