Jumat, 29 April 2011

PLAN TO PROTECT 25,000 YRCW FREIGHT JOBS CLEARS IMPORTANT FINANCIAL HURDLE

Hoffa Hails Today’s News, Vows Continued Effort To Keep Members WorkingThe restructuring plan to protect 25,000 Teamster freight jobs at YRC Worldwide, Inc. has cleared an important hurdle and remains on track to be completed in July, Teamsters General President Jim Hoffa announced today.The Teamsters National Freight Industry Negotiating Committee, along with lenders and the Teamster

Senin, 25 April 2011

Arkansas Best Corporation Announces First Quarter 2011 Results

Arkansas Best Corporation today announced a first quarter 2011 net loss of $12.8 million, or $0.51 per share, compared to a net loss of $21.4 million, or $0.85 per share in the first quarter of 2010.Arkansas Best's first quarter 2011 results reflect continued improvements in broader economic and LTL market conditions that provided ABF the opportunity for growth in its daily tonnage levels. While

Minggu, 24 April 2011

YRC Worldwide says it has made progress on restructuring plan

Trucking company YRC Worldwide Inc. said Friday that it has made "significant progress" in negotiating agreements with lenders, its pension fund and the Teamsters union that are necessary to restructure its balance sheet by the end of July."We have been working closely with JP Morgan, agent for the senior secured lender group, the steering committee, the company's pension funds and the Teamsters

ABF Earns Second Consecutive National LTL Carrier of the Year Award

For the second consecutive year, ABF has been named National LTL Carrier of the Year by the National Shippers Strategic Transportation Council (NASSTRAC). The company was recognized during the NASSTRAC Conference and Expo in Orlando, Florida, April 17-20.“ABF is proud to again earn this prestigious award, which recognizes all ABF employees whose dedication to safety, cargo handling and customer

Selasa, 19 April 2011

ABF decision may not be out until July

Fort Smith-based Arkansas Best Corp. may not learn if it was successful in its appeal in a case against the International Brotherhood of Teamsters until July.Arkansas Best — the parent company of less-than-truckload carrier ABF Freight System — filed suit in federal court last year against the Teamsters. Arkansas Best alleged the Teamsters worked out concessions with a competitor, YRC Worldwide

Senin, 11 April 2011

Arkansas Best Corporation Announces Its First Quarter 2011 Earnings Conference Call

Arkansas Best Corporation will announce its first quarter 2011 results, prior to the opening of the market, on Monday, April 25, 2011. A conference call with company executives will be held that day at 11:00 a.m. ET to discuss these results. Interested parties are invited to listen by calling (800) 772-0358. Following the call, a recorded playback will be available through the end of the day on

TCA Honors Vandenput, Boyd and Howland

Three ABF Freight System drivers have recently been named Truckload Carriers Association Highway Angels.TSA has named Serge Vandenput, a professional truck driver for ABF Freight System, Inc. as its latest Highway Angel. ABF driver sprang to action knowing that oncoming traffic could not see trapped woman.TCA Honors John Boyd as a Highway Angel – Again.ABF driver responds to an accident for the

Selasa, 05 April 2011

Ten YRC Worldwide Drivers Reach Safety Milestone of Four-Million Accident-Free Miles

YRC Worldwide Inc. is proud to announce that 10 of its active professional drivers have surpassed four million miles of accident-free driving. All 10 drivers are with YRC, the largest subsidiary of YRC Worldwide. The drivers are:Danny Ambrose, Tuttle, Okla.Joe Brown, Memphis, Tenn.Dennis Caldwell, Altoona, IowaHorace Crouch, Newark, TexasBobby Elrod, Chickamauga, Ga.Royal Lincoln, Montgomery,

Minggu, 03 April 2011

Phil Gaines Named Senior Vice President and Chief Financial Officer of YRC

YRC Worldwide today announced that Phil J. Gaines has been named Senior Vice President and Chief Financial Officer of YRC Inc., the largest operating division of YRC Worldwide. Most recently, Mr. Gaines held the position of Senior Vice President-Finance for YRC Worldwide. In his new role, Mr. Gaines will report directly to Mike Smid, President-YRC Inc. and Chief Operations Officer YRC Worldwide,

Sabtu, 02 April 2011

HOFFA SLAMS PASSAGE OF SB 5 IN OHIO ELIMINATING MOST COLLECTIVE BARGAINING RIGHTS FOR PUBLIC SECTOR WORKERS

Teamsters General President Jim Hoffa today condemned Ohio’s Legislature for passing a bill that silences the voices of the state’s 350,000 government workers.Last night, Gov. John Kasich signed SB 5 into law after it passed both chambers. The new law eliminates nearly all collective bargaining rights for public sector employees and gives broad powers to the executive branch to terminate

Jumat, 01 April 2011

Teamsters Take Part in National Day of Action on April 4

Teamsters Union Continues King's Legacy of Standing Up for WorkersOn April 4, Teamsters will take part in a nationwide day of action to honor the legacy of the Rev. Martin Luther King Jr., while taking a stand in the ongoing struggle for workers' rights. More than 400 public events are planned, with a focus on education, outreach and solidarity with workers under attack by corporate-backed