YRC Worldwide Ends Contract Extension with International Association of
Less than one-tenth of 1% of YRCW employees represented by the IAM
OVERLAND PARK, Kan., April 12, 2013
OVERLAND PARK, Kan., April 12, 2013 /PRNewswire/ --YRC Worldwide announced
today that it is ending a contract extension with the International
Association of Machinists (IAM), effective April 15. While the company will
continue to talk with the IAM, the lack of significant progress in the
negotiations led to the action. Of the company's 32,000 employees, less than
one-tenth of 1 percent is represented by the IAM. The company has contingency
plans in place to ensure there is no interruption of its operations or
disruptions in customer service after April 15. The contract with IAM
employees originally was scheduled to expire on March 31, 2013. Negotiations
have continued during a mutually agreed-upon extension of the contract. To
date, the IAM has refused to accept the same shared-sacrifice measures that
all other union and non-union employees of YRC Worldwide have accepted.
About YRC Worldwide
YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park,
Kan., is the holding company for a portfolio of successful brands including
YRCFreight, YRC Reimer, Holland, Reddaway, and New Penn, and provides
China-based services through its JHJ joint venture. YRC Worldwide has one of
the largest, most comprehensive less-than-truckload (LTL) networks in North
America with local, regional, national and international capabilities. Through
its team of experienced service professionals, YRC Worldwide offers
industry-leading expertise in heavyweight shipments and flexible supply chain
solutions, ensuring customers can ship industrial, commercial and retail goods
with confidence. Please visit www.yrcw.com for more information.
Web site: www.yrcw.com
Follow YRC Worldwide on Twitter: http://twitter.com/yrcworldwide
Media Contact: Suzanne Dawson
LAK Public Relations, Inc.
SOURCE YRC Worldwide
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