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(The following press release was issued by the International Brotherhood of Teamsters via PR Newswire.)

CHICAGO — A tentative agreement has been reached on the National Master Freight Agreement (NMFA) between Teamsters National Freight Industry Negotiating Committee and the TMI, a division of the Motor Freight Carriers Association (MFCA). There are four freight companies that comprise the MFCA — Roadway Express, Yellow Transportation, ABF Freight System and USF Holland. The tentative agreement must next be ratified by a mail vote of Teamster freight members.

Details of the tentative agreement will be announced at a press conference in Chicago on Thursday, February 6, 2003 at 2:00 p.m., CST. Teamsters General President James P. Hoffa will be available for interviews.

WHAT: Press Conference to Announce Tentative National Freight Contract

WHO: James P. Hoffa, Teamsters General President
Phil Young, Teamsters National Freight Director
Jim Staley, President and COO, Roadway Express
Tim Lynch, President, Motor Freight Carriers Assoc.

WHERE: Ramada Inn O’Hare Airport
6600 N. Manheim Rd. Rosemont, IL
Penthouse Ballroom

WHEN: Thursday, February 6, 2003
2:00 p.m. CST