2008 Archived Reports

2009

Looking Forward on YRC... Stifel Nicolaus predicts YRC runs out of cash in November 2009

YRC Worldwide 2009 Stock Option Grant Program
The "YRC Worldwide Stock Option System" facilitates the tracking of employee's stock options within the company.

XM Radio Faces Class Action Law Suite
Numerous service companies are struggling to survive in today's down turned economy. Some companies are resorting to underhanded tactics to gain revenue. XM Radio has proven to be one of these companies.

Large Truck Crash Causation Study Three Years Later
In January 2006, The Federal Motor Carrier Safety Administration released an extensive report titled Large Truck Crash Causation Study (LTCCS). The study reviewed numerous causes and more importantly the main factors of large truck crashes.

Teamster Members Ratify YRCW Job Plan by 77 to 23 Margin
Teamster members who work at the freight companies of YRC Worldwide Inc. (YRCW)—Yellow, Roadway, Holland and New Penn—have approved a plan that will protect the jobs and retirement security of tens of thousands of Teamsters.

2008

FMCSA Sticks to Sweatshop Rules
The federal government should reconsider a seriously flawed regulation that can compel professional truck drivers to work and drive 19th century sweatshop hours, four major safety organizations said. The groups – Advocates for Highway and Auto Safety, Public Citizen, the Truck Safety Coalition and the International Brotherhood of Teamsters – filed a petition for reconsideration with the administrator of the Federal Motor Carrier Safety Administration (FMCSA).

FedEx Cuts Wages & Retirement Compensation
FedEx Corp. [NYSE: FDX] announced drastic cuts in pay and deferred compensation for most of its U.S. workforce. Salaried U.S. FedEx employees will take permanent 5 percent to 10 percent base salary reductions while FedEx founder, Chief Executive and Chairman Fred Smith will take a permanent 20 percent reduction in base salary.

YRCW's Job Security Plan
A sixteen page report titled; Memorandum Of Understanding On The Proposed Wage Reduction, was obtained by the Road Drivers Weekly News that outlines the proposed wage reduction of International Brotherhood of Teamsters (IBT) employees and all non bargaining unit employees (including management).

Labor Day Axe Falls Again
Mass termination of Consolidated Freightways employees occurred during the Labor Day weekend in 2002. However during this years holiday event, an estimated 800 employees of Yellow/Roadway were handed their pink slips in style.

Marshall Law for Crime Ridden Town?
City council members unanimously approved a "Curfew Plan of Action” for the city of Helena-West Helena, Arkansas.

Jevic Closes Operations
Effective Monday May 19th 2008 Jevic Transportation, Inc, a less-than-truckload transportation services provider, is discontinuing operations. They are headquartered in Delanco, NJ.

Yellow's Two Change of Operations
The proposed Changes of Operations will impact over 15,000 service lanes hoping for reduced service times.

Chicken Little...
In every economic downturn "Chicken Little" always shows up to scream "the sky is falling, the sky is falling". As of this writing, here at Road Drivers Weekly News we are happy to report, the sky is still in place.

Fire Mary Peters
If Mary Peters' push to open our borders to unsafe Mexican trucks makes you mad as hell, you don't have to take it anymore. There is plenty you, your local union, civic group, friends and family can do to tell Congress and Peters that she is not above the law...

Road Driver Indemnity Agreement
A Road Driver's Hold Harmless? A wonderful tool to have in your briefcase when a dispatcher directs you to run an illegal load.

Indochina 2008
The non existence of organized transportation and logistics.
With the exception of the old Schneider cab-overs hauling 48 foot sea containers on flatbed trailers, organized transportation is non existent in the city of Vung Tau. An industrial region three hours south of Saigon in Vietnam. It was ironic at first to see the old equipment that certainly had over three million miles on them for sure. But they were clean and polished. If one looked hard enough, the sun faded outline of the old Schneider emblems could be seen.

2007 Archived Reports

2006 Archived Reports

2005 Archived Reports