COO Numbers

Discussion in 'YRC Freight' started by bubbadog121, Aug 12, 2017.

  1. fuzzy75181

    fuzzy75181 Member

    Messages:
    31
    Likes Received:
    4
    Trophy Points:
    8
    That's what the company claims, but as usual the devil is in the details. The 8 new DC are the huge gain for the company. They can only run PTS to DC (distribution centers). Now they have 8 brand new lanes wide open. Since they are new ,maybe 10 drivers per new DC, road drivers are going to be RAPED !
     
    bubbadog121 and SamHouston like this.
  2. bigtruk_us

    bigtruk_us Well-Known Member

    Messages:
    5,269
    Likes Received:
    1,041
    Trophy Points:
    113
    Adding 12 driver's to 455..why?No new runs have been created and those 12 are not following their work.As far as I'm concerned the company is in breach every single week running over existing terminals at will and it's costing a lot in grievances each week but yet the company still violates the mou.Why a change if the company is doing what they want anyway unabated.Plus with the existing system the company has paid down an enormous amount of debt just in 18months they have reduced the debt to 640million dollars.Why fix anything if it's surely making money and proven to make money?
     
  3. derelict

    derelict Active Member

    Messages:
    127
    Likes Received:
    122
    Trophy Points:
    43
    The company has NOT reduced its debt to $640 million, that was one loan that was due in 2019. They are still just under 1 billion in debt.
     
    albag, jimmy g, Triplex and 2 others like this.
  4. bigtruk_us

    bigtruk_us Well-Known Member

    Messages:
    5,269
    Likes Received:
    1,041
    Trophy Points:
    113
    Not according to my reliable sources
     
  5. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

    Messages:
    7,183
    Likes Received:
    7,682
    Trophy Points:
    113
    I checked. You are not a client of BRG Patel Consulting....
     
    albag, bigtruk_us, Big Dave and 2 others like this.
  6. albag

    albag Pray for peace!

    Messages:
    5,584
    Likes Received:
    3,204
    Trophy Points:
    113
    He has retained the VERY reputable accounting firm of FK & Associates, LLC! :emoticon digging::hilarious:
     
    BIG R GUY likes this.
  7. bigtruk_us

    bigtruk_us Well-Known Member

    Messages:
    5,269
    Likes Received:
    1,041
    Trophy Points:
    113
    Possibly 890million in debt?Still quite a bit paid down in a short amount of time.Company has the money
     

Share This Page