I thought they had some kind of deal with the IBT on this for the virus. A delaycwhich has been ok'd at the top? And they have done and allowed this before.
april 23, 2020 ernie soehl, director, national freight division various news outlets have reported that tnfinc itself has granted a grace period to the yrcw companies to make their health, welfare and pension contribution payments that are due this month and perhaps over the next few months.that is not accurate. tnfinc was/isnot in a position to agree on behalf of the various funds. rather, what has occurred is that the yrcw companies have approached the overwhelming majority of benefit funds, which are separate legal entities,and requested an extension of time within which to make the required payments.
what has occurred is that the YRCW companies have approached the overwhelming majority of benefit funds, which are separate legal entities,and requested an extension of time within which to make the required payments.
The Company has, however, reached out to all of the various health and welfare and pension funds and asked for a grace period within which to make its payments for the month of March which are due at various times in April as well as perhaps a few additional months going forward.
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