YRC or should I say Yellow's pains have always come at the expense of growth. One bad decision after another. It's true, if we survive, this company will be a shadow of it's former self. Four $2Billion companies merged into 3 companies, and soon maybe only 2, with a combined total worth of $2billion. And if you look at the number of terminals, number of employees , and actual freight numbers, you will see, we already are a shadow of our former selves. Something still smells rotten in the state of Denmark.
The recession took this company down to what it is today and the end of it will be what takes it back to prosperity.
All YRC has to do is tread water for the long cold 4th qtr coming up....
I think qtr 4 is going to be tough on many others as well.
Save up a few bucks, sell stuff you don't need, bank that cash, or pay off debt.
$2.35 a share is nothing to celebrate about. Remember when it was $60.00 a share? The bulls ran it up after Yellow bought Roadway and it doesnt mean a rats *** now. I agree with Jeff, If they,re still there 4/10 they might make it. But as only a shadow of the huge company they once were.:shifty:
I hope we find a way to survive... If we're still here for the 2nd quarter of 2010 then I believe we'll make it through 2010... But long term there are still some strong hurdles to surpass for 2011 and beyond... Of course we're already just a shadow of the huge company we once were...
the big question is , are the yes men willing to give up their pension and health care for good just to have a job . after 18 months these morons are suppose to start paying again and ifffffffff that ever happens id be the most surprised .
if they do pay then what ?
if they do pay then what ?
rocketmancve
TB Lurker
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Here's my viewpoint: Although CF ceased operations, the parent company operates as Con-Way and includes the Freightliner/CF/Leland James stories as part of their history in the "$39.99 coffee table style" book recently written about their company.
I believe YRC is likely to follow the same path and will partner their non-union operations with another national LTL trucker (Estes, Saia?) when they close us and shed some more debt.
So those holding onto the stock are looking to a return on investment as a shareholder, and at these historical low prices per share will see a great return on their investment, should we avoid bankruptcy.
But those who are Yellow/Roadway employees like myself have seen the writing on the wall for a long time; less freight on the docks- because we are barely the size of one of the former two companies before the merger, our pension falling by the wayside, and all that time we put in driving the "junkier" trucks, working the awful hours and holidays away from our families, come down to just the money we earned giving us a paycheck for the time, but the likelihood that the future of collecting retirement benefits- the real reason for working at a union carrier, mean nothing.
I believe YRC is likely to follow the same path and will partner their non-union operations with another national LTL trucker (Estes, Saia?) when they close us and shed some more debt.
So those holding onto the stock are looking to a return on investment as a shareholder, and at these historical low prices per share will see a great return on their investment, should we avoid bankruptcy.
But those who are Yellow/Roadway employees like myself have seen the writing on the wall for a long time; less freight on the docks- because we are barely the size of one of the former two companies before the merger, our pension falling by the wayside, and all that time we put in driving the "junkier" trucks, working the awful hours and holidays away from our families, come down to just the money we earned giving us a paycheck for the time, but the likelihood that the future of collecting retirement benefits- the real reason for working at a union carrier, mean nothing.
yellowman5000
TB Lurker
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you know it brother !
ctroadrunner
TB Lurker
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Talk about a reality check !!
You guys are all right YRC is now on the come back, they will make it, YRC is the bestest company ever, lets hang in their guys we can do it, every one work as hard as you can to bring this once great company out of the ashes like a great PHOENIX. Lets give another 10% to make it and lets just pay for our H & W, come on guys we are on a come back.
We might be down but we are not out. 2.37 a share I think we will be just fine. Hang in their my brothers, work like you never did before, and we will pull out of this.
NOW, HOW RIDICULOUS DOES THIS SOUND, THIS IS WHAT YOU YES MEN SOUND LIKE. GET A GRIP ON YOURSELVES AND HAVE A SMELL OF REALITY.
You can not believe what you are saying, are you smoking something or on something. Good luck to all the LOVERS AND DREAMERS "your so called come back company" will need more than that to pull itself out of the HOLE TO THE TOILET. COME ON ALREADY.:puke::eck15:
We might be down but we are not out. 2.37 a share I think we will be just fine. Hang in their my brothers, work like you never did before, and we will pull out of this.
NOW, HOW RIDICULOUS DOES THIS SOUND, THIS IS WHAT YOU YES MEN SOUND LIKE. GET A GRIP ON YOURSELVES AND HAVE A SMELL OF REALITY.
You can not believe what you are saying, are you smoking something or on something. Good luck to all the LOVERS AND DREAMERS "your so called come back company" will need more than that to pull itself out of the HOLE TO THE TOILET. COME ON ALREADY.:puke::eck15:
J
Jay C
Guest
SO WHAT WHO CARES, WHAT IS YOUR POINT.:puke::eck15:
J
Jay C
Guest
SO WHAT WHO CARES, WHAT IS YOUR POINT
a little something just to make you sick
that's who cares :twisted: :tongue0002:
yellowman5000
TB Lurker
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lol the bestest
J
jdawgett
Guest
Yeah and YRC doesn't have the legs to jump them hurdles either.
J
Jay C
Guest
ASSETS TOTAL 3,966
Liabilities Total 3,492
22YRCW to announce Q3 earnings After Market (Unconfirmed)
on OCT 22nd
whoopido trivia
Liabilities Total 3,492
22YRCW to announce Q3 earnings After Market (Unconfirmed)
on OCT 22nd
whoopido trivia
Freight Doctor
TB Lurker
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To survive
Just know, all the cancer is not at the top. I mean not corporate top, but local "tops" are just as bad. A bad GM can make sure everybody has a crappy life, and teach those rising in the ranks, how to do it too. Been there, seen it, did it, left it. Finally at peace (and still alive).
To those of you that don't want to go the way of CF (which, yes, I know was all managements fault), get your chit together or you will not survive. There are peple in your organization that do not have your best interest in mind. Think about it.
Best of luck all.
Just know, all the cancer is not at the top. I mean not corporate top, but local "tops" are just as bad. A bad GM can make sure everybody has a crappy life, and teach those rising in the ranks, how to do it too. Been there, seen it, did it, left it. Finally at peace (and still alive).
To those of you that don't want to go the way of CF (which, yes, I know was all managements fault), get your chit together or you will not survive. There are peple in your organization that do not have your best interest in mind. Think about it.
Best of luck all.
You have like this grey cloud that follows you everywhere you go don't you?
It is more like a BLACK CLOUD, and I like it that way. LATER LOVER.:puke::eck15:
larry retired
TB Veteran
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The only one who can make your life better is you. But you blame everyone else for your situation and spread your misery because you are incapable of taking care of yourself.
Ride the Lightning Stroud,Ride the Lightning!!:Flame-On:
I started to read these boards because I thought I would find some information. Things that go on across the country with the company I work for with people like myself. Turns out some are bitter and just want to cause trouble. There are some maybe a few who would want to see the brite side (not saying there is one). Seven years ago when CF was going under I met a lot of people through this type of board, some I am still friends with and yet have never met. I guess there is a band wagon going on I don't understand. People jump in front of us (truck drivers) and the world seems to be getting ruder, with people just thinking of themselves first. Most of all watching the destruction of other seems to be more entertaining. look at Cops, American Idol and other shows that show people failing. I heard most of the "cancer" seems to be at the "top" I think not "we" do a good job at that. All the enemy has to do is put one little rumor in our system and we can make that grow and move throughout the country faster than one can send an e-mail. This post started with a nugget of good news. In the post's prior to this if you read every one you have taken that nugget and trashed it, beat each other up with it and showed just how we are now. It would be great to say, if you don't have anything positive or helpful just move on. But this is America and you have your rights, just like that person in that car. I'm sure you will rip this apart as well. For me I will live on the Nuggets of good news. Until this company turns around or a great job falls in my lap or maybe I will hit the lottery. I am working here, don't like the changes but I guess I have to live with it. As for this board I will keep reading it just like the people I encounter on the road I will just shake my head and wonder "why?"