This is a post from teamsteronline from 2010. It's old. But, he does have some points. Just some fuel for the fire on this thread.
"take it from a veteran in the ltl industry. ups wants to buy yrc. let me list the reasons: 1. they will never get a better deal.2. they will be be picking up 6 billion in revenue and taking out a competitor which will improve pricing. 3. they are running out of capacity on the ltl side. 4. they are 90% regional on their ltl side and it needs to be separated from their long haul 3-4 day freight which is 90% of yrc business. 5. they are behind market share of fdx freight. 6. if they can't take yrc out, they want to consolidate all the union carriers under the ups umbrella to get more leverage on the union so it will make them more competitive with fdx. 7. look for the teamsters to offer concessions to offer concessions to ups as a swap for buying yrc because teamsters have a big investment in this also, including a big ownership in yrc. these are a few of many, but you can bet on the union members passing any concessions and making company more profitable. why? because the only people left at yellow that havent been laid off are the oldies afraid of losing their retirement. they will work for minimum wage if necessary to save their retirement. all competitors can forget and pretty well have given up on putting them out of business, which is raising industry pricing. now that's some real info for you instead of a bunch of bull crap. have a nice day and a little bird told me their will be a "big announcement" soon."
