25/11/2008  Posted by PMC at 07:36 on 25/11/2008 Comments Off

Jimmy Hoffa must be needing a double helping of prunes this morning as word is emerging that Yellow Roadway Corporation is seeking economic relief from the National Master Freight Agreement. In a mailer sent out yesterday to rank and file members, The Teamsters said; YRC Worldwide Inc. management has been seeking economic relief in the National Master Freight Agreement for several weeks. Following the recent downgrading of its debt rating by both Standard and Poor’s and Moody’s Investors Service and its impact on the company’s ability to maintain a line of credit, the Teamsters General Executive Board today unanimously agreed ….Read More

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