Yellow | UPS BUYOUT OF YRC 2017

Not sure if many of you guys and girls realize it, but that pro chauffer person that started this thread has a track record of having reliable inside information over the years. His posts are not as far fetched as many of you may think. He must know someone very high up in the company chain of command.
 
Not sure if many of you guys and girls realize it, but that pro chauffer person that started this thread has a track record of having reliable inside information over the years. His posts are not as far fetched as many of you may think. He must know someone very high up in the company chain of command.
I really do want to believe in santa Claus, I do but.....
 
I don't want to facilitate a rumor but since it's already started I'll tell what I have heard from source I won't mention.We know UPS is liable for an additional amount of over 3 billion dollars if the treasury approves cuts to the pension.

http://www.pionline.com/article/201...if-central-states-benefit-reductions-approved

As far as I know this rumor is made up possibly because it sounded like a good idea from someone above where I heard it from.He says UPS put an offer on the table to shore up the pension for a 1% rate of return as long as remaining companies then continue to contribute 100%.

In addition, buying the regionals for X amount and leaving YRC debt free.Whether or not this has substance we may never know.Offers have been made before and turned down by one side or the other. This sounds like a pipe dream and probably is but since the rumors are floating I'm relaying what I heard a couple months ago and sounds like something we heard years ago that has resurfaced.

In addition I questioned the shoring up the pension bit because that would probably take over 11 billion( I think?) But what the hell,let's keep the 10 year long rumor going.
 
Not sure if many of you guys and girls realize it, but that pro chauffer person that started this thread has a track record of having reliable inside information over the years. His posts are not as far fetched as many of you may think. He must know someone very high up in the company chain of command.

The smartest man in Maryville, TN.
 
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