YRC Worldwide CEO Indicates Co. May Counter Sue ABF Freight

YRC Worldwide Inc. Chief Executive Bill Zollars called a legal challenge to the struggling trucking company's critical new labor concessions meritless on Friday, saying YRC likely will counter sue in the case.ABF Freight System Inc., the largest subsidiary of YRC Worldwide rival Arkansas Best Corp., filed a lawsuit this week against YRC and the International Brotherhood of Teamsters. ABF contends

YRC Worldwide Reports Third Quarter Results

YRC National Tonnage up 1.2% and YRC Regional up 2.1% from Second Quarter 2010Achieved Significant Progress on Comprehensive Recovery PlanYRC Worldwide Inc. today reported its third quarter 2010 results. For the third quarter ending September 30, 2010, the company announced a net loss of $62 million and a $1.33 loss per share on average outstanding diluted shares of 46.5 million. As a comparison,

ABF Drivers Boyer, McCarty, McElwaney and Miller Named America's Road Team Finalists

Four ABF Freight System, Inc., drivers are among the 33 professional truck drivers named as finalists to become Captains on the 2011-2012 America's Road Team, selected by the American Trucking Associations. Named finalists were ABF drivers David Boyer of Wytheville, Virginia, Nate McCarty of Denver, Tim McElwaney of Atlanta, and Chad Miller of Chicago. McElwaney is a city driver; the other ABF

New rules for truck drivers returning after stroke

Commercial truck and bus drivers who suffer a stroke should wait at least a year and be able to pass a driving test and a series of health assessments before getting in front of a wheel again, according to a U.S. expert panel.The panel, appointed by the Department of Transportation, also recommends annual check-ups on health and driving records as a requirement for continued driving.According to

FedEx among big winners in midterm elections

One of the biggest corporate winners after Tuesday night's watershed Republican House victories will be Memphis-based FedEx Corp., which can abandon fears that pending legislation will upset its existing labor relations."I think they dodged a bullet," said David Schaffer, a Vienna, Va.-based aviation consultant and former counsel to the House aviation subcommittee.Schaffer said it's still

TEAMSTERS: ABF LAWSUIT FRIVOLOUS AND WITHOUT MERIT

On Monday, November 1 the Teamsters Union received copies of a grievance and a lawsuit filed by ABF Freight Systems, Inc. (ABF) in federal court in Arkansas against the Teamsters and other parties, alleging that the agreements the union entered into and that its members ratified with YRC Worldwide, Inc. violate the National Master Freight Agreement (NMFA).“After initial review of the ABF lawsuit

ABF Freight System, Inc. Files Legal Actions Against Teamsters, YRC Companies

ABF SEEKS IMMEDIATE RESOLUTION, FINANCIAL DAMAGES FOR VIOLATIONS OF NATIONAL COLLECTIVE BARGAINING AGREEMENT IN AN AMOUNT ESTIMATED TO BE APPROXIMATELY $750 MILLIONABF DEMANDS LEVEL PLAYING FIELD CONSISTENT WITH INTENT AND PURPOSE OF NMFAABF Freight System, Inc., the largest subsidiary of Arkansas Best Corporation and a leading less-than-truckload transportation company, has filed legal actions