2019! It's On!

Discussion in 'YRC Freight' started by Freightmaster1, May 11, 2017.

  1. Triplex

    Triplex Experienced stalker

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    Holy cow!! You don't know how accurate you are. 1949 Ford, my first car, bought for $100 in September 1959. Flat head V-8, 3 speed with overdrive, exactly the same as the photo except it was grey. You're beginning to scare me Mud! :smile new:
     
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  2. Triplex

    Triplex Experienced stalker

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    That's me in the back seat, my chauffeur is doing the driving.
     
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  3. Freightmaster1

    Freightmaster1 Well-Known Member

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  4. jimmy g

    jimmy g Kook

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    Took 18 months at Preston, but I got every dime. Warn act, and 5 weeks vacation, (two from 99, three earned for 2000) i think they were the only company to ever pay the full amount.
     
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  5. Freightmaster1

    Freightmaster1 Well-Known Member

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  6. jimmy g

    jimmy g Kook

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    The article mentions being sold to local investors. Doesnt mention those were Yellow Freight VPs. Or that Yellow still paid some of our fuel bills. Or that Yellow built our Richfield Ohio terminal, and ordered 600 trailers for us with no decals on them. We were to get the bugs out of two day freight (St Louis to Richfield to Boston), and then close, letting Yellow Corp keep Saia, the Ohio terminal, and the unbranded trailers.

    According to that years NMFA, if we closed within a year of being sold, we would dovetail. They bought us in May, 98, closed us July, 99. Saia is spun off today...

    Worst part. Drivers went out with deliveries Monday. Customers told us Yellow emailed them the previous Saturday that we were out of biz. Yet YF had nothing to do with us?????
     
    Last edited: Aug 10, 2017
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  7. BIG R GUY

    BIG R GUY Last, bag standing

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    Another great yellow idea?? Buy em, bleed em, dump em.....
     
  8. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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    I got every thing owed by PIE, plus 2 trips I never ran, my conscience never bothered me enough to return the check.
     
  9. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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  10. mysticobra

    mysticobra Just here.

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  11. Eric Zeemen

    Eric Zeemen New Member

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  12. clydesdale

    clydesdale Active Member

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    lets start off small first and get ready for 2019...somebody needs to organize a .....NO teamster go to work day...that will get YRC freight and the IBT attention and let them know we are serious
     
    Last edited: Aug 26, 2017
  13. derelict

    derelict Active Member

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    Sounds good! They only way we get something back is to stand up to the union and the company, it's sad that it has come to this.
     
  14. roadboss

    roadboss Well-Known Member

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    We have a vote no t shirt that's gets a lot of the company's attention every Friday
     
  15. roadboss

    roadboss Well-Known Member

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    Get your vote No t shirt The union and company's on notice
     
  16. twospeeder

    twospeeder Member

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    [​IMG]

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  17. twospeeder

    twospeeder Member

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    Thomas Black, bloomberg writer (also Business Week, etc) , posts his email at the end of his articles and I asked him (January 9, 2014) about the satisfaction the creditors would get from a bankruptcy. He responded: "They won't get much satisfaction. In bankruptcy, they would likely end up doing some kind of refinancing anyway. I can't imagine they would go to liquidation with the assets they have"

    Once bankruptcy was declared the customers would scatter and there would be nothing much left for the creditors in liquidation, new or old. So, they had to sit tight and wait for the net revenue for payback. this wasn't much of a remedy because profits aren't good.

    What to do? Squeeze the employees to get the money back faster. Yeah, they would get paid the other way but not fast enough. If they could get paid straight away by bleeding away the employees they could get their money faster. With 10% interest recently. Not bad.

    Your link doesn't deal with the nuts and bolts of bankruptcy only some kind of swap "debt for equity" without what that would entail. They actually always had that as "owners" of the YRC due to "collateral" : so much debt the company had forfeit the business to them.

    Our contract expires March 31, 2019. My point is we haven't had a raise since 2006. By 2019 it will be 13 years. Thirteen years ago I was getting paid what I get now: $21.78. When is enough? The national average wage is $25.00/hour according to the bureau of labor statistics. Why are we getting so little? Are we going to go for more of the same? Are we worth more? Are we going to accept some story again? Somebody explain to me how I'm wrong. It's going to take some doing.
     
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  18. White

    White Well-Known Member

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    Wasn't but a few years ago I saw the 406 trailer up at Boyne Mtn mid July. Rates are usually discounted then in Northern MI:eck13:
     
  19. wongway

    wongway -15% Pay & Broke Pension Fund

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    Good Idea get these forms out to all terminals at all the companies ![​IMG]
     
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  20. wongway

    wongway -15% Pay & Broke Pension Fund

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    Yep , that's the Yellow way , but-em ,bleed-em ,dump-em !!!
     

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