YRC Worldwide Agrees with Dismissal of ABF Freight System Lawsuit
OVERLAND PARK, Kan., Aug. 2, 2012 /PRNewswire/ -- YRC Worldwide Inc. (NASDAQ: YRCW) agrees with the ruling on Wednesday, August 1, by Judge Susan Webber Wright of the U.S. District Court for the Western District of Arkansas to dismiss a lawsuit brought by ABF Freight System, Inc. against several parties, including YRC Inc., New Penn Motor Express, Inc., USF Holland, Inc. and the International Brotherhood of Teamsters, claiming that certain amendments to the YRCW companies' collective bargaining agreement should be nullified.
The lawsuit was originally filed in November 2010 and was dismissed by Judge Wright in December of the same year. On appeal, the case was remanded to the district court for further consideration, resulting in yesterday's ruling.
YRCW is satisfied with the court's decision and believes the court ruled correctly and in accordance with the language of the collective bargaining agreement.
The resolution of this lawsuit is in keeping with YRCW's committed effort to vigorously defend itself against these alleged claims by the plaintiff. YRC Worldwide has and will continue to protect and defend its reputation, as well as its services and brands.
About YRC Worldwide
YRC Worldwide Inc., a Fortune 500 company headquartered in Overland Park, Kan., is the holding company for a portfolio of successful brands including YRCFreight, YRC Reimer, Holland, Reddaway, and New Penn, and provides China-based services through its JHJ joint venture. YRC Worldwide has one of the largest, most comprehensive less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. Through its team of experienced service professionals, YRC Worldwide offers industry-leading expertise in heavyweight shipments and flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence. Please visit www.yrcw.com for more information.
Web site: www.yrcw.com
Follow YRC Worldwide on Twitter: http://twitter.com/yrcworldwide
Linden Alschuler & Kaplan
SOURCE YRC Worldwide
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