YRCW Extends Debt-for-Equity Offer Again

YRC Worldwide Inc. (YRCW) has once again extended the expiration date for its debt-for-equity offer, until 11:59 p.m. December 17, 2009.

Other key stakeholders – the Company’s workers, the pension funds and the Company’s secured lenders – have already made significant sacrifices as part of the restructuring of the Company. The Union will continue to monitor this situation carefully. As developments occur we will provide updates on the Teamster web site so that our members will have the latest information.

YRCW General Release here.