Secretary Steven Mnuchin met last week with 25 Teamsters retirees from groups in 15 states. They included Tom Schwarzenberger, who said the focus on possible solutions to the pension’s funding shortfall marked something of a milestone.

YRC Worldwide told its lenders that it expects sharply higher operating income and increased revenues this year as the two sides negotiated terms of some existing debt.

A group of 25 Teamsters pensioners will meet July 11 in Washington with U.S. Treasury Secretary Steven Mnuchin about failing pension plans.

Overland Park, Kan.-based YRC Worldwide Inc. said that its financial loss doubled in the first quarter and that it cut 180 management and other nonunion jobs in a streamlining effort to make the trucking business more efficient.

YRC Freight and two of its regional trucking affiliates have turned to pay raises for some hard-to-fill jobs three years after their parent company won pay cuts and other concessions from its Teamsters workforce to avoid bankruptcy.

The chief financial officer of YRC Worldwide Inc., Jamie Pierson, has resigned, effective at the end of the year, to work for an unidentified company near his home in the Dallas area.

YRC Worldwide Inc. will make $5.5 million in profit-sharing payments to some of its union employees after posting a small profit for 2015.

YRC Freight, the nationwide trucking operation of YRC Worldwide Inc., has added three vice presidents to its management team and promoted another to a higher post.