James P. Hoffa the worst freight recession in generations. Hoffa and the Teamsters were credited in several news reports for helping YRC avert bankruptcy. Bloomberg said Goldman Sachs helped YRCW complete the debt swap after the 'Teamsters Union said the bank was trying to profit from a failure of the largest U.S. trucker by sales." Hoffa was re-elected to a fourth term heading the Teamsters Union in November 2011. He won nearly 59 percent the vote for another five-year term. The three-way race was between Hoffa, Fred Gegare and Sandy Pope. Gegare is a Wisconsin Teamster, trustee on a pension fund and a
Jimmy Hoffa was to set up a "peace meeting" between Provenzano and Hoffa. Hoffa's son viewed the "peace meeting" overture as only a pretext. He was convinced that Giacalone was "setting Dad up" for a hit. Even Hoffa himself was becoming increasingly uneasy each time that the Giacalones arrived. The meeting would take place at the Machus Red Fox, a suburban Detroit restaurant. The Machus Red Fox was known to Hoffa; the restaurant hosted the wedding reception of his son, James. Hoffa wrote the date in his office calendar, "TG — 2 P.M. — Red Fox". On July 30, Hoffa left home