Teamsters working for LTL giant YRC Worldwide Inc. have approved a tentative agreement aimed at protecting more than 30,000 jobs, but leadership promises to hold the struggling company’s “feet to the ...
This story appears in the Oct. 4 print edition of Transport Topics. William Zollars, the chief executive officer who built YRC Worldwide Inc. into a $10 billion freight company and then navigated the ...
A fully ratified, five-year labor contract among less-than-truckload carrier YRC Freight, regional LTL carriers Holland and New Penn Motor Express, and the International Brotherhood of Teamsters went ...
loan under the CARES Act – while the U.S. Treasury gets a 29.6% equity stake in the company. The company’s stock skyrocketed 75% on the news, after it had dropped 27% this year. Long-term competitive ...
Those less-than-truckload (LTL shippers) yearning for an optimistic sign from YRC Worldwide’s four-year bout with bankruptcy and cessation may get a ray of hope from the LTL giant’s resumption of ...
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