YRC Worldwide YRCW announced
today that it is ending a contract extension with the International
Association of Machinists (IAM), effective April 15. While the company will
continue to talk with the IAM, the lack of significant progress in the
negotiations led to the action. Of the company's 32,000 employees, less than
one-tenth of 1 percent is represented by the IAM. The company has contingency
plans in place to ensure there is no interruption of its operations or
disruptions in customer service after April 15. The contract with IAM
employees originally was scheduled to expire on March 31, 2013. Negotiations
have continued during a mutually agreed-upon extension of the contract. To
date, the IAM has refused to accept the same shared-sacrifice measures that
all other union and non-union employees of YRC Worldwide have accepted.
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