YRC Worldwide and International Association of Machinists Reach Tentative
OVERLAND PARK, Kan., April 17, 2013
OVERLAND PARK, Kan., April 17, 2013 /PRNewswire/ -- YRC Worldwide announced
today that it has reached a tentative agreement with the leadership of the
International Association of Machinists (IAM) on a new contract. The agreement
will now go to the IAM-represented employees for a ratification vote. During
the ratification process, IAM-represented employees will continue to report to
work under provisions of the current agreement.
The previous contract with IAM employees expired on March 31, 2013.
Negotiations continued with IAM leadership during a mutually agreed-upon
extension of the contract. While the agreement will affect less than 1% of the
company's 32,000 employees, it offers important shared-sacrifice provisions
that will bring IAM members in alignment with their fellow YRC Worldwide
employees. The tentative agreement is an essential action to ensure that all
employees participate in the recovery of the company on an equal basis.
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 Suzanne Dawson
LAK Public Relations, Inc.
SOURCE YRC Worldwide
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