If YRC Worldwide (YRCW) fails, don't blame the Teamsters: Union approves a 10% wage giveback...

|About: YRC Worldwide, Inc. (YRCW)|By:, SA News Editor

If YRC Worldwide (YRCW) fails, don't blame the Teamsters: Union approves a 10% wage giveback expected to save YRCW $220-250M, signficantly increasing its chances of survival JPMorgan says - noting "significant near-term downside" for ABFS, CNW and ODFL.