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New Penn | A proud employee of a once proud company

J

Josey Wales

TB Lurker
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I was once an employee of a well run regional carrier named New Penn Motor Express. I have worked here a quarter of my life. I have always given a fair days work for a fair days pay. We were run by Arnold who's philosophy,Teamsters and top notch management cared about the future of this company, Roadway bought us and left that business model in place, Why not we made money for them ! Now ZOLLARS and company have come along and driven away that management and money making philosophy.
I am proud once again that by a 2-1 margin we said NO to ZOLLARS and his cohorts destroying what we the hard working employees of New Penn have built. Now they tell me the that the banks won't come onboard unless the 10% of Teamsters that voted no change thier minds.......BS!
Every analyst's report that I read and everything that I see points to these scumbags filing for bankruptcy! We as a collective bargaining unit voted NO, Our vote should stand. Pay us our four or five months of pension and five percent that you are contractually obligated to pay us and then merge the two companies as you threaten to do. That seems like a wise business decision.......NOT! Please endtail us as punishment when you do so I never have to work for you scumbags again. My vote stands NO. I am ready to move on seeing how you Zollars have decided to destroy my future with this once well run, proud company.
 
because for some reason they never wanted to own themselves not be owned by someone else. if the exec's would have bought themselves from arnold we would be better off. if yrc would sell us and the new owner wanted a paycut and pension cut or supension then i would give it to them at least then we would have a fighting chance
 
Bigfoot22 said:
I wouldn't have a problem with another 5% if yrc's upper crust was doing the same thing.
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You think they would even miss 5% of their overinflated salaries they receive??:TR10driving03:Let them make the same thing they are offering us and see if they can live on it:nutkick:
 
Gosh!, this almost sounds like a fairy tale. However it may turn out to be a nightmare. Good luck to all, I am pulling for you.
 
Gondofini said:
If they were such a great company how did they end up getting bought by YRCW?
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You can't stop the sale of a publicly traded company. Especially when Yellow offered 49% more than what the stock traded at. If you were a stock holder would you turn it down when you can make 49% more than you purchased the stock for????
 
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