Teamsters To Vote On Revised YRC Contract

Photo Courtesy of CCJ Digital
Photo Courtesy of CCJ Digital

Teamsters members will vote this weekend on a revised contract offer — backed by their union leaders — from struggling YRC Worldwide Inc., a trucking company based in Overland Park, Kan.

Leaders from Teamsters locals representing roughly 26,000 YRC workers reviewed the revised offer Tuesday and agreed to submit it to a vote. The workers overwhelmingly rejected the company’s original offer earlier this month.

“Our members made their voices heard about the company’s initial proposal, and we went back to the company and negotiated significant improvements that will give the members another opportunity to vote on saving this company,” Tyson Johnson, director of the Teamsters freight division, said in a press release.

YRC said it needs the contract changes to persuade lenders to refinance more than $1 billion in debt it can’t repay. The first payment, totaling $69.4 million, is due Feb. 15.

Read more from the Kansas City Star

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