UPDATE: YRCW Teamsters Reject Extending, Modifying Current Restructuring Agreement
January 09, 2014 at 17:41 PM EST
Teamsters at YRC Worldwide (NASDAQ: YRCW ) rejected the company's proposal that would have extended and modified the existing memorandum of understanding. Members voted over the past several weeks and ballots were counted today. The proposed extension and modification was voted down 61 percent to 39 percent. Vote results