If we give back that much money and YRCW still has problems then dammit there got to be some mis management OR SOMETHING ELSE GOING ON!
We have old, Worn out equiptment, Terminals at mutiple locations are too damn small, And we can't get good people to apply at the rates we are offering. Anyone else see a problem with this picture?
This is not the first time I have posted something like this. I'm still waiting on an answer from the last time.
I gave you an accurate answer the last time, and nothing has changed. They don't have (didn't have then either) enough revenue to pay their bills, upgrade or fix equipment, pay the contract rate, and stay in biz. The NMFA was the only willing thing that would accept less. The truck that breaks won't accept less. The fuel and electricity won't. So it was pay you less or close, and you took the deal.
When I worked at Yellow Indy, we had 77 city bids. Roadway Indy had 70. Combined, YRC posted 38. That's less loads being picked up, less shipments billed- less revenue. Less revenue= less money to pay you. That's only 25% of the revenue today that they had then. If you still get to drive, work days, get free health insurance and vacation, and only sacrifice 15%, you're killing them!!!