YRC Worldwide provides update on ratification of labor contract
Teamsters employees at New Penn have joined more than 90 percent of their union
colleagues at YRC Worldwide in voting "yes" to labor contract changes.
"As employee owners and stakeholders, our union workforce has made difficult
decisions and demonstrated their commitment to achieving long-term success for
YRC Worldwide,” said Mike Smid, President of YRC Inc. and Chief Operations
Officer of YRC Worldwide.
The company and the Teamsters are addressing employee concerns in the remaining
smaller bargaining units who have yet to ratify the contract changes. This represents
a small percentage of the company's unionized workforce
For agreement details and an update on related savings, click here for the news
release.
