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New Penn | To YRCW Senior Management,

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ducksoup

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The THREE reasons why the New Penn vote came back with a resounding 2 to 1 NO.

1 As in real life, not everyone loves their parent(s), hence the reality that you saw through this vote. There is no respect or love at New Penn toward our parent, YRCW. We get this, you don't.

2 As in real life there are agencies and homes that handle those who wish not to live with their parents. This vote hoped to find New Penn a different parent and a better home. We get this, you don't

3 If the chance to be sold existed through this vote then the hope of retaining benefits and wages could have been realized ... We get this, you don't.

When you understand the true PRIDE in this company which has NEVER faltered, not once, even though your war ships were bombing our shores, taking casualties including good sales and management people, good drivers who ended up retiring before their time, drivers who were laid off because the YRC BRAND was attached to this great company's name when our customers were concerned by YOUR financials NOT ours!!

In light of your most recent move to put this STILL profitable company out to pasture and in the grave forever doesn't shock us one bit. Adding another Winross toy truck to the shelf of a customer as a focal point amongst his 100 others out of business carriers is not hard for you to do and you've made it clear that's what you will do. Don't blame us for a no vote, you asked, we told. Start making money like us and we won't have to continue to make your lives difficult like you've made ours miserable.
 
thats good ducksoup, but after what,5 yrs of ownership of us-NPME-have they learned or used one good thing we do to better there operation? but we have had to take and use a 100 of there poor decsions or else. we still operate postive,and they don't .they are like the GM that flew to DC in there private jets so they could beg the gov't fo r money to save them.they will never get it.
 
ducksoup said:
The THREE reasons why the New Penn vote came back with a resounding 2 to 1 NO.

1 As in real life, not everyone loves their parent(s), hence the reality that you saw through this vote. There is no respect or love at New Penn toward our parent, YRCW. We get this, you don't.

2 As in real life there are agencies and homes that handle those who wish not to live with their parents. This vote hoped to find New Penn a different parent and a better home. We get this, you don't

3 If the chance to be sold existed through this vote then the hope of retaining benefits and wages could have been realized ... We get this, you don't.

When you understand the true PRIDE in this company which has NEVER faltered, not once, even though your war ships were bombing our shores, taking casualties including good sales and management people, good drivers who ended up retiring before their time, drivers who were laid off because the YRC BRAND was attached to this great company's name when our customers were concerned by YOUR financials NOT ours!!

In light of your most recent move to put this STILL profitable company out to pasture and in the grave forever doesn't shock us one bit. Adding another Winross toy truck to the shelf of a customer as a focal point amongst his 100 others out of business carriers is not hard for you to do and you've made it clear that's what you will do. Don't blame us for a no vote, you asked, we told. Start making money like us and we won't have to continue to make your lives difficult like you've made ours miserable.
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Well said Brother...AMEN !:clap:
 
Great first post from a brother that understands the New Penn employee point of view.
 
The revote for me is a no-brainer. Heard all sides including Shawn N a guy I respect and have spoken to for a very long time, straight shooter but not a guy with BS, that was plain wrong of you NP Driver 1, starting rumors won't keep freight on our trucks or keep us in jobs long! My last vote was against YRCW and what they stand for, my vote this time will be FOR New Penn and my fellow brothers !
 
I posted the following comment in the Journal of Commerce as a reply to the 8/17/9 article. Seeing that letter from YRC to the NPME president on another post has me believing even more that the same mindset that closed Coles Express and Spartan Express and almost broke Texas powerhouse Central Freight Lines hasn't been purged. Hopefully you'll find a buyer and YRC will cut you loose in exchange for the needed cash.

--Reply to article begins here--

New Penn's only hope is to have happen to them what happened to Central Freight out of Waco during that time they spent as part of what I think was called Roadway Regional Group or something like that. Namely, New Penn management and other investors need to step up and offer to buy New Penn from YRC. No doubt YRC needs the money for however length of time they have left and it'll relieve YRC of a dissenting (but probably correct) labor component.

Don't any of the New Penn people remember what Roadway Regional did to their former competitor Coles Express, as well as Spartan Express out of S.C. during their time in Roadway Regional? They broke both of them! Central was going to be next until senior management bought it back. New Penn's next unless they get out now. From what I hear it would be a shame, as they're probably the best of the carriers under that leaking YRC umbrella right now and all the good qualities they exhibit will disappear should they be assimilated into YRC. It does seem strange that the Teamsters are making this threat against their own membership while YRC remains silent on this idea.
 
222-0 said:
I posted the following comment in the Journal of Commerce as a reply to the 8/17/9 article. Seeing that letter from YRC to the NPME president on another post has me believing even more that the same mindset that closed Coles Express and Spartan Express and almost broke Texas powerhouse Central Freight Lines hasn't been purged. Hopefully you'll find a buyer and YRC will cut you loose in exchange for the needed cash.

--Reply to article begins here--

New Penn's only hope is to have happen to them what happened to Central Freight out of Waco during that time they spent as part of what I think was called Roadway Regional Group or something like that. Namely, New Penn management and other investors need to step up and offer to buy New Penn from YRC. No doubt YRC needs the money for however length of time they have left and it'll relieve YRC of a dissenting (but probably correct) labor component.

Don't any of the New Penn people remember what Roadway Regional did to their former competitor Coles Express, as well as Spartan Express out of S.C. during their time in Roadway Regional? They broke both of them! Central was going to be next until senior management bought it back. New Penn's next unless they get out now. From what I hear it would be a shame, as they're probably the best of the carriers under that leaking YRC umbrella right now and all the good qualities they exhibit will disappear should they be assimilated into YRC. It does seem strange that the Teamsters are making this threat against their own membership while YRC remains silent on this idea.
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I good idea, but do not see it happening.

So are/were Central, Coles Exp and Spartan Teamster companies? My thoughts are that for YRC to be interested in selling New Penn, it would have to be for top dollar....and a buyer (and the bank financing it) would not pay top dollar for trucking company with that pension liability. If anything happens, I could see UPS or possibly ABF in the mix, but banks are tight on loaning money , especially to the trucking industry. Used trucks are at an all time low for value and real estate is low also.....oh yea, YRC has been selling off their real estate.

It's sad to see what is happening with New Penn and I am amazed at seeing the amount of people (management, sales etc) that are leaving (looking to leave) and going to the competition.
 
Coles, Spartan Central, Spartan South and Central were all non union. Roadway was spun off debt free and they all became Viking Freight under Caliber Systems umbrella. When they shut down there was no buyers for Coles or the Spartans. I believe Central Freight is owned by Swift now.
 
All good points you guys are making. I just want to correct one thing. It is YRCW, not YRC. YRCW is making all the moves. YRC is along for the ride like all the other companies under their control.
 
ducksoup said:
Thought Coles was bought by APA while Spartan was always a carrier that operated well over 100 O/R.
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No Coles was bought by Roadway. When they decided to change everyone to Viking Freight, they spun Roadway off debt free. G.O.D. was in negotiations to purchase Coles but the deal fell through and the Cole family was not interested in buying them back. Spartan never operated well and Central closed a lot of terminals during this transition. At one time Central Freight Lines had terminals every 25 miles in the state of Texas. The merge failed because the systems were not in place to merge everyone operationally and there was a huge failure in service. They closed in March of 97 with 148 Million in debt. Viking survived the mess.
 
freightgal said:
No Coles was bought by Roadway. When they decided to change everyone to Viking Freight, they spun Roadway off debt free. G.O.D. was in negotiations to purchase Coles but the deal fell through and the Cole family was not interested in buying them back. Spartan never operated well and Central closed a lot of terminals during this transition. At one time Central Freight Lines had terminals every 25 miles in the state of Texas. The merge failed because the systems were not in place to merge everyone operationally and there was a huge failure in service. They closed in March of 97 with 148 Million in debt. Viking survived the mess.
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I believe that Viking is now part of the FedEx freight system
 
Think outside the box

IF you guys could get with the IBT and J P Morgan ( the lead banker for YRCW ) you could submit a plan that would at least save your jobs before Bill Z runs the rest into the ground. The banks might just play ball if they could look good saving your jobs and an service agreement with Saia would be beneficial to both company's and give you a nationwide foot print. If you look at both of your service maps it will look good to your loyal customers. Strange time call for strange bed fellows. And every press release from Bill Z sounds more and more like a delusional ಠ▄ಠ from his Berlin bunker. Just a suggestion guys, I hate to see one idiots grand vision put so many people out of work. I wish you all luck.
 
heatlightning said:
IF you guys could get with the IBT and J P Morgan ( the lead banker for YRCW ) you could submit a plan that would at least save your jobs before Bill Z runs the rest into the ground. The banks might just play ball if they could look good saving your jobs and an service agreement with Saia would be beneficial to both company's and give you a nationwide foot print. If you look at both of your service maps it will look good to your loyal customers. Strange time call for strange bed fellows. And every press release from Bill Z sounds more and more like a delusional ಠ▄ಠ from his Berlin bunker. Just a suggestion guys, I hate to see one idiots grand vision put so many people out of work. I wish you all luck.
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One major flaw in your plan. NPME is union and Saia is not. Possibly as a service partner, but never a merge. This new "Turn Around Consultant" will be the one to make a bunch of changes and drastically cut costs at YRCW to save them or liquidate them. I can not see how any consultant would be on board with YRCW operation 5 LTL operations within North America.
 
hope that no serior management from yrc buys you (NP) out, like they did to preston. they would not say how much they payed for preston, they said that it is privately owned with no outside stockholder so we dont have to say. they run them (preston) supposably till the bank called the loan in.
 
Couldn't the banks step in and make YRCW divide all of it's company's? And sell them. It seems that the pension is the major cost. If the pension was divided between YRC, HOLLAND, NEW PENN, And ABF,would not it be cheaper for YRCW to survive? Other than YRC having to pay 40 million per month alone. Why wouldn't the banks make them sell each company to cut up that pension bill? And it would help the survival of the NMFA for a while longer.
 
NPT said:
Couldn't the banks step in and make YRCW divide all of it's company's? And sell them. It seems that the pension is the major cost. If the pension was divided between YRC, HOLLAND, NEW PENN, And ABF,would not it be cheaper for YRCW to survive? Other than YRC having to pay 40 million per month alone. Why wouldn't the banks make them sell each company to cut up that pension bill? And it would help the survival of the NMFA for a while longer.
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They could, but you would have to have people or corporations who would be willing to buy Holland, New Penn, and Reddway. Right now I do not see anything like this happening, the market right now is not in any way able to handle banks loaning money to companies to step in and buy these carriers.
 
rod said:
hope that no serior management from yrc buys you (NP) out, like they did to preston. they would not say how much they payed for preston, they said that it is privately owned with no outside stockholder so we dont have to say. they run them (preston) supposably till the bank called the loan in.
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it was one dollar. and yellow got to write off a bunch. yellow never wanted preston. they wanted saia who was non-union.
 
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