The article in May by Reuters states,
One of the most significant cost pressures facing YRC is its pension fund obligations, notably its "multi-employer" fund obligations. Multi-employer pension programs fund the retirements of nearly 1 million workers and retirees in the trucking industry, but put companies like YRC in a position of funding benefits not only to their own workers but also those of failed rivals.
Zollars said roughly 40 percent of its pension costs are assigned to "orphan" workers -- those who never worked for YRC. He said the company is actively lobbying Congress to provide legislative relief and is confident it will be obtained, although the timing remains unclear.
"It is a matter we think of when, not if," he said.
Now that offers hope that he is asking congress for help and seems fairly confident in getting it.
imo and speculating,
jimmy
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