The Teamsters union said tonight that its negotiators have reached a tentative collective bargaining agreement with less-than-truckload (LTL) carrier YRC Worldwide, Inc. (NASDAQ:YRCW) covering some 20,000 unionized workers at the Overland Park, Kan.-based company’s YRC Freight national unit and at regional carriers New Penn and Holland.
If ratified by the rank-and-file, the new agreement would replace the existing compact set to expire on March 31. The existing agreement will be extended through May 31 to allow the parties to finalize specific language and a few supplemental issues, as well as to allow the union’s ratification process to take place, the Teamsters said tonight.
Details of the agreement will not be released until they have been reviewed at two-person meetings with the union locals, the Teamsters said. No dates for those meetings have been scheduled, the Teamsters said.
“There were a lot of issues, history and emotions involved with these negotiations,” said Ernie Soehl, head of the Teamsters’ freight division, in a statement. “We certainly got creative, but I believe we got every penny we could have and that this contract will improve Teamster lives.”
A contract covering workers at YRC’s Reddaway regional unit, which serves the western U.S., is negotiated separately.
Michael Trout
Why do you need 2 months, then this should have been done in February, it’s been 10 yrs, get real
gary
There you California the home of the bleeding heart liberals. I’am sure you and Nancy Pelosi are best friends.
Robert
I’m a Teamster from Local 70 in Hayward California and I’m telling you to vote this down I don’t even care what it is if you don’t give me back what I gave you 10 years ago shutter down three months ago we gave you our proposal and I will not accept a nothing less and you idiots back East need to vote this down. Shut them down
CAustin
Sound like to me its already agree upon so no need to vote as a member!!! I am parr of the new school employees who never had tge 15% took. So if insurance the same, overtime after 8hrs, and hopefully the DOT hos of 70 hours i would be happy. With my extra pay I will be happy to give to my brothers to help with the pension. I speaking for myself feel the hours is long but the work isnt ball buster so I can waited to next contract to get more. Just help the ones that was promise 30years and old get what they deserved.