GLG News Analyses of the following article:

YRC Worldwide: Jimmy Hoffa Would be Proud

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Published at: shar.es

Jay ThompsonPresident and General ManagerTransportation Business Associates

The Anatomy Of Trucking Business Failures: A Series Of Events + Some Thoughts About YRCW Labor

July 12, 2009

The referenced article and our esteemed colleague John Schultz offers up an interesting contrast in opinions regarding the impact of labor in YRC Worldwide’s problems. I agree with his general thoughts but labor has been an issue in both Yellow’s and Roadway’s since deregulation - with USF’s becoming moreso after they were bought by YRCW.

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

The Teamsters Are Not to Blame for YRC Wordwide's Current Desperation

July 10, 2009

 YRC Worldwide has too much debt, has lost nearly $2 billion in the last nine quarters, is downsizing its network and has outdated work rules. Of all those shortcomings, probably only the latter can be blamed exclusively on the Teamsters' union. Yet an article in Today'sFinancialNews.com tries to blame all of YRC's shortcomings on its union, and very little to management's buying binge earlier in this decade that saddled the company with an unrealistic debt load.