“Pretty normal” YRC suffers 2017 loss to $10.8 million compared with $21.5 million gain in 2018

Discussion in 'YRC Freight' started by Freightmaster1, Feb 5, 2018.

  1. mysticobra

    mysticobra Just here.

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    That's the guy impersonating our TM!
    Lol.
     
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  2. SamHouston

    SamHouston Member

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    The company with the worst equipment in the industry should not purchase or lease new equipment? Oxymoron. I would worry more about all the worker comp claims, cargo claims, productivity and load average for a better contract.
     
  3. Elwood

    Elwood Question Authority

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    I agree with your points, but the first is brought to the fore because of an aging workforce, required to perform at a challenging level, with fewer earned days off to recooperate.

    Face it, we’re ambulatory fossils . :17142:
     
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  4. mysticobra

    mysticobra Just here.

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    Ambulatory fossils.
    I like that.
     
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  5. falconfan

    falconfan Well-Known Member

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    That’s not what I said at all. They could have spent 40 million less down the stretch and held off for a couple months.Spent 90 million on equipment instead of 133 million and showed a 30 +million profit if they wanted too.
     
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  6. 6PakAbs

    6PakAbs Well-Known Member

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    some of that "funny" money..move the figures around on a balance sheet and skew the numbers that would be more beneficial to the company (can you say wage cuts/concessions?)
     
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