Experience with YRC ( includes YRC, New Penn, USF Reddaway and Holland

It's just a rumor at this point. It will have to be voted on by the members for approval.

 

Just read the article. Seems like stock prices don't really mean much anyway. Not these days. Looks like they have a long term goal in mind.

 

I hate to be negative but I really doubt we will see that 15% come back.

 

I heard ABF gave back 7% but negotiated getting it back in the same contract, 1.75% each year for 4 years. I heard another rumor a couple of months ago that we were going after the 15% in a similar manner. Start out asking for all 15% and settle for increments to get it back over a period of years. Then there's the pension situation, I called central states myself to get accurate information and it's not even lunch money right now. The unions I've been in before had a "me too" clause, if the other guys get something, we do too. Let's hope we can capitalize on the fact that ABF is getting the money back and still has a fully funded pension.

 

Anymore, I think it's better to sign a 20 year contract because it seems anymore we get screwed every contract time.

 

Personally the 15% would be nice to get back but I would prefer to have the full pension back. I don't want to be one of these 85 year old guys that I see out here still holding on to the steering wheel.

 

Here's a nice article.
http://finance.yahoo.com/news/yrc-worldwide-sends-31-professional-130000901.html

 

Only thing that's weird; if the company has no plans for giving anything back, why ask for an extention?