On June 29, 2010, I became a member of the Board of Directors of YRC Worldwide Inc., one of the largest transportation and logistics service providers in the world.
I joined the board as part of an agreement between the company and the International Brotherhood of Teamsters to prepare the company to resume payments to union pension plans. Payments were suspended last year while the company addressed larger solvency issues.
As a labor economist specializing in retirement security, I’m participating in this bellweather case to help one of the oldest and largest union companies maintain direct benefit pension plans while remaining competitive in an increasingly challenging marketplace.