Standstill Period Reached Between Teamsters, Republic Services

Joint Statement Issued By International Brotherhood of Teamsters, Republic Services

WASHINGTON, June 22, 2012 /PRNewswire-USNewswire/ -- The International Brotherhood of Teamsters and Republic Services issued the following joint statement today:

(Logo: http://photos.prnewswire.com/prnh/20100127/IBTLOGO)

"Representatives of Republic Services and the International Brotherhood of Teamsters met in Washington, D.C., on Tuesday. On the basis of the discussions at that meeting, they have agreed to a standstill period in connection with ongoing contract negotiations in various cities across the United States in order for the parties to attempt to resolve their differences at the bargaining table as to whether the Company will continue to participate in the Central States Pension Plan.

"This means that all picketing and related activities at various Company locations will be temporarily suspended, and that the lockout of workers at the Company's facility in Evansville, Ind., will be temporarily suspended.

"The IBT and Republic will resume discussions shortly concerning a potential comprehensive resolution of the pension issues at those locations at which the Company currently contributes to Central States. Bargaining on other subjects will continue on a local basis.

"Both parties have committed to attempt in good faith to reach common ground and to restore a collaborative relationship that benefits Republic employees, the Company, the Union's members and the communities Republic serves. The standstill will last for 30 days unless extended by agreement of the parties."

SOURCE International Brotherhood of Teamsters

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