Cannabis popcorn and concession stands??.....$$$$$$$$$Maybe they will start using this brand of "popcorn" .
Yellow | Chicago Heights
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ED FORCE ONE
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If chicago ridge was still going strong they probably would have their own 294 ramp by now since harlem would cause too many complaints its busy overthere
When Gateway built that facility in the late '60s most of the fill was debris from the Oak Lawn tornado. In an era of far laxer environmental regulations. Redevelopment will occur eventually, when the land's value exceeds the cost of clean up. Until then, it will remain one of many monuments to YRCW's failure to capitalize on a clear advantage in the market place.
vongrimmenstein
I stand for our flag, & kneel for the fallen
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clydesdale
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Da Heights !Haha...……. That's rich! YRC Freight will not move back to Chicago Ridge. The cost of renovation, plus the cost of the actual move are prohibitive. Never mind the massive disruption to the entire system. The location of the Chicago Heights terminal is far superior. Less than 1/2 a mile from a limited access highway (Il 394) which junctions with I-80 5 miles north. Too many tolls for Chicago Ridge, and ridiculous traffic congestion on Harlem Ave. Get comfortable at 309, we'll be there when the plug is pulled!
havinsomefun
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YRCW sold Chicago Ridge in 2015, per the attached from their quarterly results.
YRC Worldwide Reports Fourth Quarter and Full-Year Results for 2015
YRC Worldwide Reports Fourth Quarter and Full-Year Results for 2015 138.4 KB
Full-year 2015 Adjusted EBITDA increased to $333.3 million, a 36% improvement compared to 2014
Operating Income for Full-Year 2015 more than doubled to $93.0 million, even after a $28.7 million settlement charge
OVERLAND PARK, Kan., Feb. 04, 2016 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (NASDAQ:YRCW) reported consolidated operating revenue for the fourth quarter 2015 of $1.143 billion with a consolidated operating loss of $15.3 million, which included a non-union pension settlement charge of $28.7 million and a $0.4 million loss on property disposals. As a comparison, the company reported consolidated operating revenue of $1.218 billion for the fourth quarter 2014 with consolidated operating income of $31.2 million, which included a $5.8 million gain on property disposals.
Consolidated operating revenue for the year ended December 31, 2015 was $4.832 billion with consolidated operating income of $93.0 million, which included a $1.9 million loss on property disposals and the settlement charge referenced above. This compares to full-year 2014 consolidated operating revenue of $5.069 billion with consolidated operating income of $45.5 million, which included an $11.9 million gain on property disposals.
YRC will never rid the legacy left behind in the ridge.
At least not until the buildings are razed.
knucklehead54
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the Ridge was sold for 10 million on November 16 2018, the company that bought it is trying to flip it.Is it true a person cannot drink the water at the Heights??If so a person cannot even wash their hands with dangerous water,the epa has an obligation to shut it down.
ED FORCE ONE
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The water would be from the city of chicago from lake michigan chicago sells the water to towns many miles away
Those bastards.(YRC)
I think your info might be a bit inaccurate. The YRCW form 10-K from December 2018 still shows it as owned.
Come on BRG, don't you know better than to believe crap till Wong says it's true?
Pup Driver
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Speaking of tolls ,fact is it would be a big savings to run from CGB to the rails . It was about 15 mins from CGB to the Willow and not much more to the Burlington less tolls.How long does it take from 301 to the rails ? BTW last I heard was that Central Transport bought CGB. Who ever bought it there is nothing happening there in years . Yellow should have kept it for a satellite . That would have keep Chicago Ridge from condemning the place .Haha...……. That's rich! YRC Freight will not move back to Chicago Ridge. The cost of renovation, plus the cost of the actual move are prohibitive. Never mind the massive disruption to the entire system. The location of the Chicago Heights terminal is far superior. Less than 1/2 a mile from a limited access highway (Il 394) which junctions with I-80 5 miles north. Too many tolls for Chicago Ridge, and ridiculous traffic congestion on Harlem Ave. Get comfortable at 309, we'll be there when the plug is pulled!
Tolls hold little bearing on the situation. You still would have city,shuttle,and linehaul going in all 4 directions from there to get to destination. There would be no savings. Besides. The Ridge Sox still have 5 years on the lease there,with an option for a 10 year extension.
The same terms as your popcorn contract...
It is BRG's retirement "slush fund"!
