On Tuesday November 5th, 2013, about 100 Local Teamsters Officers met with YRC management in Dallas Texas to discuss The Company’s debt issues and the possibility of extending the MOU currently in place about 3.5 years longer to end 5 years from the date of ratification. YRC has stated they need this extension in order to secure new financing of the current loans coming due shortly.
YRC stated they were not looking to seek any further H &W or wage concessions from their employees.
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