What's new

XPO | Question

LEHIGH vALLEY

LEHIGH vALLEY

TB Veteran
Credits
0
I'm a YRC city driver and I don't mean to "Butt in" on your thread but I have a question or two.
I read on one of your post that the Company that bought you Guys out is 5.8 Billion Dollars in debt and posted a 91 Million loss last quarter. Are these numbers correct?
If it's true then God help all of you. We are a little over 1 Billion in debt and look at all the crap we have been going through the last few years.
It looks like it's gonna be one hell or a ride for you Guys.

Good Luck
 
LEHIGH vALLEY said:
I'm a YRC city driver and I don't mean to "Butt in" on your thread but I have a question or two.
I read on one of your post that the Company that bought you Guys out is 5.8 Billion Dollars in debt and posted a 91 Million loss last quarter. Are these numbers correct?
If it's true then God help all of you. We are a little over 1 Billion in debt and look at all the crap we have been going through the last few years.
It looks like it's gonna be one hell or a ride for you Guys.

Good Luck
Click to expand...
Haha your Union they are nonunion think they will be fine. This Bradley guy has done very well in my option:wavey: They don't have give away millions bc a driver got his feeling hurt bc the guy below him stayed over and worked few hrs more and didn't give guy above him the opportunity to make the extra hour :hysterical: Then senior guy files grievance and gets back pay for hours he didn't even work think you get my point.
 
Last edited:
LEHIGH vALLEY said:
I was just asking a question. Not trying to start a war.
Click to expand...
Your good driver. It's a valid question. Nobody needs to take offence at it. This is all new for us as well. It's only been a week since the takeover, we haven't seen very much happening with operations. Most has been happening behind the scenes.

The numbers don't look all that good, on paper. Did he take a huge risk doing this? Yes. Has he built a billion dollar empire in five years? Yes. Will this last? Who knows. Time will tell.
 
upnorth said:
Your good driver. It's a valid question. Nobody needs to take offence at it. This is all new for us as well. It's only been a week since the takeover, we haven't seen very much happening with operations. Most has been happening behind the scenes.

The numbers don't look all that good, on paper. Did he take a huge risk doing this? Yes. Has he built a billion dollar empire in five years? Yes. Will this last? Who knows. Time will tell.
Click to expand...
It's just that XPO looks like it is doing the same thing bill zollars did when he bought Roadway. Spend a Billion to buy us and then the next year spend 1.1 billion to buy USF. Then after that spend more to buy some logistics Co from China thinking that the economy will stay up for 10 years.
We damn near died because of foolishness like this. And to this day we are still paying the price for what that ___ hole zollars did. I would not wish it on anyone.
 
runningfor48 said:
Haha your Union they are nonunion think they will be fine. This Bradley guy has done very well in my option:wavey: They don't have give away millions bc a driver got his feeling hurt bc the guy below him stayed over and worked few hrs more and didn't give guy above him the opportunity to make the extra hour :hysterical: Then senior guy files grievance and gets back pay for hours he didn't even work think you get my point.
Click to expand...
Thats about the dumbest ****ing answer I've seen here in a long time.
 
LEHIGH vALLEY said:
It's just that XPO looks like it is doing the same thing bill zollars did when he bought Roadway. Spend a Billion to buy us and then the next year spend 1.1 billion to buy USF. Then after that spend more to buy some logistics Co from China thinking that the economy will stay up for 10 years.
We damn near died because of foolishness like this. And to this day we are still paying the price for what that ___ hole zollars did. I would not wish it on anyone.
Click to expand...
It's not quite the same. He didn't own a major ltl company, and then buy us. He's building a network up. The debt load is concerning, but it's out of our hands in the end. We will play the cards we are dealt.

Thanks for your concern.
 
runningfor48 said:
Haha your Union they are nonunion think they will be fine. This Bradley guy has done very well in my option:wavey: They don't have give away millions bc a driver got his feeling hurt bc the guy below him stayed over and worked few hrs more and didn't give guy above him the opportunity to make the extra hour :hysterical: Then senior guy files grievance and gets back pay for hours he didn't even work think you get my point.
Click to expand...
I think you would be shocked how seldom that happens....certain terminals are experts at it and you here a lot about it, but many terminals very seldom have a grievance like that.
 
upnorth said:
It's not quite the same. He didn't own a major ltl company, and then buy us. He's building a network up. The debt load is concerning, but it's out of our hands in the end. We will play the cards we are dealt.

Thanks for your concern.
Click to expand...
I am not familiar with this guy that bought you guys, do you think he is doing it to have a huge logistics company of his own or does he appear to be the type that puts together this network with the plan of selling it off at a profit? I am just thinking that if this network gets much bigger there are not going to be many corporations that will be able to afford the price tag.
 
the5tolls said:
I am not familiar with this guy that bought you guys, do you think he is doing it to have a huge logistics company of his own or does he appear to be the type that puts together this network with the plan of selling it off at a profit? I am just thinking that if this network gets much bigger there are not going to be many corporations that will be able to afford the price tag.
Click to expand...
I think it was all or nothing he wanted Menlo so truckload be sold in few weeks and Conway in next two year. He wanted Menlo two years ago and they said all or nothing. Let the games begin!
 
LEHIGH vALLEY said:
I'm a YRC city driver and I don't mean to "Butt in" on your thread but I have a question or two.
I read on one of your post that the Company that bought you Guys out is 5.8 Billion Dollars in debt and posted a 91 Million loss last quarter. Are these numbers correct?
If it's true then God help all of you. We are a little over 1 Billion in debt and look at all the crap we have been going through the last few years.
It looks like it's gonna be one hell or a ride for you Guys.

Good Luck
Click to expand...

Two very large purchases only months apart. In Europe an LTL Nor-Bear or something. $3.5 billion. And here in the states, Con-way for Almost $3 billion. Both companies are making money. And part of his losses were from retooling and rebranding previous acquisitions. Not that they numbers are any better with explanation. But this guy is very good at making money.
 
LEHIGH vALLEY said:
I'm a YRC city driver and I don't mean to "Butt in" on your thread but I have a question or two.
I read on one of your post that the Company that bought you Guys out is 5.8 Billion Dollars in debt and posted a 91 Million loss last quarter. Are these numbers correct?
If it's true then God help all of you. We are a little over 1 Billion in debt and look at all the crap we have been going through the last few years.
It looks like it's gonna be one hell or a ride for you Guys.

Good Luck
Click to expand...
I jut watch a exclusive video on 'Mad Money' where the hostee
hoste
LEHIGH vALLEY said:
I'm a YRC city driver and I don't mean to "Butt in" on your thread but I have a question or two.
I read on one of your post that the Company that bought you Guys out is 5.8 Billion Dollars in debt and posted a 91 Million loss last quarter. Are these numbers correct?
If it's true then God help all of you. We are a little over 1 Billion in debt and look at all the crap we have been going through the last few years.
It looks like it's gonna be one hell or a ride for you Guys.

Good Luck
Click to expand...
what Jacobs, our new CEO, is doing is incurring a lot of debt to say the least,( for the short term)... through his latest purchase of Conway for over $3 billion,( not mention the $3.5 billion he shelled out to buy Nobert Dentressangle SA in June of this year). XPO stock has taken a huge hit and has lost a ton of value because investors liked his asset light approach in his brokerage business that has now been saddled w/ asset heavy acquisitions. Having said that, Jacobs is very confident that in the not too distant future, XPO stock will take on a substantial amount of value for its share holders. Watch a video of jim cramer's 'Mad Money' talking w/ Mr. Jacobs.@ https:www.youtube.com/watch?v=a9uVAw618Zc, or read an article from joc.com XPO from asset light to asset right. Will Mr. Jacobs be successful in his overall game plan in building a global brand? His track record over the past 4 years speaks for itself that he is very good at what he's doing ,i.e. building a brand from scratch. Just today I pondered the thought of buying XPO stock cause I believe this company will grow once all the consolidations and integrations of both NA and CNW take hold. Hope this helps. Thanks for your concern about our future and I hope we'll be alright. Time will tell.
 
He could always keep Menlo and sell off the ltl to Matty mouroun (central transport). Get ready to drive **** yellow trucks and eat soup daily.
 
vetran peddleman said:
I jut watch a exclusive video on 'Mad Money' where the hostee
hoste
what Jacobs, our new CEO, is doing is incurring a lot of debt to say the least,( for the short term)... through his latest purchase of Conway for over $3 billion,( not mention the $3.5 billion he shelled out to buy Nobert Dentressangle SA in June of this year). XPO stock has taken a huge hit and has lost a ton of value because investors liked his asset light approach in his brokerage business that has now been saddled w/ asset heavy acquisitions. Having said that, Jacobs is very confident that in the not too distant future, XPO stock will take on a substantial amount of value for its share holders. Watch a video of jim cramer's 'Mad Money' talking w/ Mr. Jacobs.@ https:www.youtube.com/watch?v=a9uVAw618Zc, or read an article from joc.com XPO from asset light to asset right. Will Mr. Jacobs be successful in his overall game plan in building a global brand? His track record over the past 4 years speaks for itself that he is very good at what he's doing ,i.e. building a brand from scratch. Just today I pondered the thought of buying XPO stock cause I believe this company will grow once all the consolidations and integrations of both NA and CNW take hold. Hope this helps. Thanks for your concern about our future and I hope we'll be alright. Time will tell.
Click to expand...
If you do .....now's the time.......buy low.....sell high..........don't tell .......it's a secret.........good luck,i'm out, 31 and done ,at XAC...In 08 I bought cnw at17 then again at 20 a share cashed in at 46 not bad for a dumbass truck driver. Good luck, See Ya.
 
You must log in or register to reply here.
Top