Big Thank You

Nctshopsteward

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Thank you to my friends and co workers who went to testify at the labor board without pay .For some of you that are against the union will thank these guys one day when you have job protection and better wages . Just remember your one mistake away from being fired . With the Union you will have a voice and rules and regulations backing you up going forward .
 
It sounds like your hearing went favorably. Congratulations and I hope the decision reflects that. You never know with these things until it's over.
 
not authorized to form a confirmed opinion yet but the company reps that were called in made complete fools of themselves in front of the judge. They got caught in lies and tried to back track their testimony. They sent children in to do a man's job. Not well versed on what to expect. Time will tell but personally it's looking real good. Thanks for the vote of confidence ABFer!
 
I just love it when the company makes a fool out of themselves in such situations.
 
just remember with the union you forfeit all your individual say... group mentality takes over...you dont ever want to be the minority voice
 
Maybe you can get a great deal lime YRC union workers just received.

Then in a short while you can love even more pay, benefits & security and have a buch of your customers defect so less union members work.
 
why is everyone comparing the YRC deal with the situation at NCT? One has absolutely nothing to do with the other. YRC is YRC. NCT is NCT. There is one major difference distancing the two, capital backing. Jefferies has the capital to back any cash flow issues where YRC does not have that ability, primarily due to poor high management decisions. Jefferies is a very streamlined investment corporation. Just look at their Q4 reports. NCT is a specialized carrier not to be compared to the likes of YRC. Stop with the BS and look at the facts. NCT is a solvent specialized carrier with the backing of a large investment company that is very well aware of their status in the industry. Heck, NCT is so overwhelmed with freight they can't get the loads out on time and are forcing the drivers to work the dock. ( something that will cease unless it's negotiated.) Jefferies is smart enough not to walk away from a carrier that has proven it's worth in the industry.
 
why is everyone comparing the YRC deal with the situation at NCT? One has absolutely nothing to do with the other. YRC is YRC. NCT is NCT. There is one major difference distancing the two, capital backing. Jefferies has the capital to back any cash flow issues where YRC does not have that ability, primarily due to poor high management decisions. Jefferies is a very streamlined investment corporation. Just look at their Q4 reports. NCT is a specialized carrier not to be compared to the likes of YRC. Stop with the BS and look at the facts. NCT is a solvent specialized carrier with the backing of a large investment company that is very well aware of their status in the industry. Heck, NCT is so overwhelmed with freight they can't get the loads out on time and are forcing the drivers to work the dock. ( something that will cease unless it's negotiated.) Jefferies is smart enough not to walk away from a carrier that has proven it's worth in the industry.

Jeffries isn't there to keep pumping money into an entitiy that loses money. All anyone knows is that they were not profitiable when they tried to go public a few years ago. You can read that in their SEC filing.
 
why is everyone comparing the YRC deal with the situation at NCT? One has absolutely nothing to do with the other. YRC is YRC. NCT is NCT. There is one major difference distancing the two, capital backing. Jefferies has the capital to back any cash flow issues where YRC does not have that ability, primarily due to poor high management decisions. Jefferies is a very streamlined investment corporation. Just look at their Q4 reports. NCT is a specialized carrier not to be compared to the likes of YRC. Stop with the BS and look at the facts. NCT is a solvent specialized carrier with the backing of a large investment company that is very well aware of their status in the industry. Heck, NCT is so overwhelmed with freight they can't get the loads out on time and are forcing the drivers to work the dock. ( something that will cease unless it's negotiated.) Jefferies is smart enough not to walk away from a carrier that has proven it's worth in the industry.

Here is the link to Jeffries Capital.Past Investments | Jefferies Capital Partners Note the common denominator. The " date of exit"
 
If NCT were not solvent at the time of the buyout why would an investment company that shows profits in every aspect of their portfolio throw good money after bad money? They obviously don't need the write offs. They also own another transportation company with profits much lower that NCT. The key here is NCT provides a coast to coast specialized service that proves profitable. No other carrier in the industry can provide that kind of service. Just look at the account base. Big name corporations get premium service from NCT. They weathered the economical storm when most carriers could not. If they were gonna bail don't you think it the plans would've been implemented already with total disregard for the employees. If money talks it would be over already,even before the votes were in.
 
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