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  • 2nd UPDATE: YRC Worldwide Lenders Agree To Reset Loan Terms; Shares Surge

    YRC Worldwide Inc. (YRCW) secured a new lifeline from creditors on Monday, providing one of the largest U.S. trucking companies with breathing space after having struggled for more than three years to avoid bankruptcy protection.

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  • Teamsters Welcome News That YRCW Lenders Have Agreed To Reset Loan Terms

    Teamsters General President Jim Hoffa welcomed news today that YRC Worldwide Inc. (YRCW) has agreed with lenders to reset its agreements on some loans and will be able to retain proceeds from the auction of certain properties.

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  • Information About YRCW’s 2009 Stock Option Plans

    YRCW Teamster members who received stock options from the first and second memoranda of understandings (MOUs) negotiated in late 2008 and mid-year 2009, will receive information from the company about a switch in administrators. YRCW is switching its administrator for the stock option plans to a less costly provider and the change has no impact on the value of the option plan. 

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  • Final Step in YRCW Restructuring Approved

    Today, YRCW held a special meeting of its shareholders to approve the final step in its restructuring.

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  • YRC Worldwide Executes 1-For-300 Reverse Stock Split

    As you may have read in the news today, YRC successfully executed a reverse stock split to raise its stock price above $1 to comply with NASDAQ listing rules.

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2011 Restructuring Documents

A news release that was sent out February 28.

A letter to YRCW members from General President Jim Hoffa and National Freight Division Director Tyson Johnson.

A one-page summary of the agreement in principle.

2010 Documents

Summary of the Agreement for the Restructuring of the YRCWorldwide, Inc. Operating Companies

Summary of TNFINC YRCW Term Sheet

Agreement for the Restructuring of the YRC Worldwide, Inc. Operating Companies

Term Sheet/Proposal

Freight Update, September 29, 2010

Teamsters Union Fought Many YRCW Demands

Vacation Clarification Flier

Important Questions and Answers for YRCW Members

Comments from Carl Barelli, USF Holland, Chief Steward and 30-year member, Local 41, Kansas City, MO

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