Truckers told not to report for work after Yellow Corp. bankruptcy notice: Unifor
Posted: Tue Aug 01, 2023 7:08 pm
Truckers told not to report for work after Yellow Corp. bankruptcy notice: Unifor
https://www.cp24.com/news/truckers-told ... -1.6502379
Nearly 130 Canadian truck drivers were told not to report for work, Unifor says, after the Teamsters Union said U.S. trucking giant Yellow Corp. was shutting down operations and filing for bankruptcy.
The head of Unifor's local chapter representing the truckers said 70 employees and 58 owner-operators for subsidiary YRC Freight Canada have been affected.
"The news is devastating for our members," said Don Lajoie. "There are hundreds of families who are left with very little information right now."
On Monday, the Teamsters said the union received legal notice confirming Yellow was ceasing operations and planning to file for bankruptcy protection after years of financial struggles.
The apparent shutdown has renewed attention around Yellow’s ongoing negotiations with unionized workers, a US$700-million pandemic-era loan from the government and other bills the Tennessee-based outfit has racked up over time.
https://www.cp24.com/news/truckers-told ... -1.6502379
Nearly 130 Canadian truck drivers were told not to report for work, Unifor says, after the Teamsters Union said U.S. trucking giant Yellow Corp. was shutting down operations and filing for bankruptcy.
The head of Unifor's local chapter representing the truckers said 70 employees and 58 owner-operators for subsidiary YRC Freight Canada have been affected.
"The news is devastating for our members," said Don Lajoie. "There are hundreds of families who are left with very little information right now."
On Monday, the Teamsters said the union received legal notice confirming Yellow was ceasing operations and planning to file for bankruptcy protection after years of financial struggles.
The apparent shutdown has renewed attention around Yellow’s ongoing negotiations with unionized workers, a US$700-million pandemic-era loan from the government and other bills the Tennessee-based outfit has racked up over time.