The Teamsters National Freight Industry Negotiating Committee (TNFINC) announced today that it reached a tentative agreement with YRCW that sets the foundation for a comprehensive financial restructuring and a viable, sustainable company.
Details of the tentative agreement will be made available to the membership after being reviewed with local union and pension fund leaders next Wednesday, September 29.
“The recession continues to wreak havoc on the trucking industry and threatens our members’ jobs,” said Tyson Johnson, Teamsters Freight Division Director and co-chairman of the TNFINC. “Unfortunately, as workers all across the country know too well, the economy has not improved as quickly as we had hoped. The sluggish economy and smaller customer base leaves us in a position today where we face very, very difficult decisions.”
Additional information will be posted at www.teamster.org as it becomes available.