Senin, 28 Februari 2011


Plan Provides Company With Needed Debt Reduction, New CapitalThe Teamsters National Freight Industry Negotiating Committee (TNFINC) has approved a restructuring agreement that paves the way to save the jobs of 25,000 YRCW Teamsters and keep the company in business, Teamsters General President Jim Hoffa announced today.The union reached the agreement in principle on terms for restructuring YRC

Jumat, 11 Februari 2011

YRC Provides New Service Options with Mobile Tools

iPhone and Android apps simplify access to shipment informationYRC, the largest subsidiary of YRC Worldwide Inc., today announced new mobile tools that allow YRC customers to track shipments, read the latest YRC news and access customer service. YRC is providing free iPhone and Android apps, along with a mobile web site for all other phones.The new mobile tools are designed to help customers

Rabu, 09 Februari 2011

American ills not caused by unions

James P. HoffaThe 19th-century robber baron Jay Gould once said, "I can hire half the working class to shoot the other half."Gould's vision of class warfare is being played out today in the shameful attacks on public employees. These attacks are secretly financed and planned by modern-day Jay Goulds who aim to keep their own taxes low. Some vastly powerful corporations and billionaires want to

Selasa, 08 Februari 2011

New Penn Isn't for Sale

New Penn Motor Express is not for sale.So said the president and chief executive officer of New Penn's parent, YRC Worldwide, during a conference call with trucking industry analysts late last week.Analyst David Ross asked CEO William Zollars about whether YRCW might consider "carving any of those (YRCW holdings) out and potentially selling Holland or New Penn or one of those?""No," Zollars said,

Jumat, 04 Februari 2011

Arkansas Best Looking Up

Arkansas Best may have to break out the black ink in 2011 despite reporting Thursday a net loss of $32.42 million for 2010.ABF Freight System Inc., a less-than-truckload carrier, is the largest subsidiary of Fort Smith-based Arkansas Best Corp. Both the parent company and ABF on Thursday reported annual and fourth-quarter earnings.Although Arkansas Best also posted a net loss of $3.12 million for

Teamster Nation: California Rep. Wants Hearing on Mexican Trucks

Teamster Nation: California Rep. Wants Hearing on Mexican Trucks: "Bob Filner represents a district in Congress that encompasses the entire California/Mexico border, home to some of the busiest border crossi..."

YRC Worldwide CEO Discusses Q4 2010 Earnings Call

YRC Worldwide Q4 2010 Earnings Call February 04, 2011 9:30 am ETThanks for joining us for the YRC Worldwide Fourth Quarter and Full Year 2010 Earnings Call. Bill Zollars, Chairman, President and CEO of YRC Worldwide; and Sheila Taylor, our CFO, will provide comments this morning. Bill, Sheila and Mike Smid, President of YRC and Chief Operations Officer of YRC Worldwide, will be available for

YRC Reports Stronger Fourth Quarter Results

YRC Worldwide produced improved operating results in the final quarter of 2010, but the net profit was lower than the same quarter a year earlier.The trucking company said Friday it also expects "continued operating momentum" in the first quarter this year, with positive cash flow allowing it to "be without our credit agreement financial convenants."The stock market liked the news. Shares in YRC

Rabu, 02 Februari 2011

YRC Worldwide, ABF Freight System appeal gets expedited review

A federal appeals court has agreed to speed up its review of a lawsuit against YRC Worldwide Inc. and its union after the company warned that drawing out the process could harm its effort to restructure its finances.On Tuesday, the 8th U.S. Circuit Court of Appeals in St. Louis granted YRC’s motion for expedited review. It said it will hear arguments in the case during its April 11-15 session.ABF