[quote author=metalmikex link=topic=76855.msg828699#msg828699 date=1273534261]That would be nice, But that's still only the size of either Roadway or Yellow in Feb. 2009 There's still a whole trucking company the size of YRC that has vanished...... Also we were way deeper in the recession back then as well........All signs are pointing to growth and recovery over the last few months and the bill counts at YRC are still the same while other's have seen growth........[/quote]
The downsizing was fierce: no doubt about it.
But, while the others grew they did it at a cost. Most were so heavily discounting that they also have been losing money. The strategy of price wars to steal market share is tried and true. Especially when a large competitor is on the ropes. I think that they were competing with each other-not YRC. They had already counted on YRC's death.
They figured that a debt loaded YRC couldn't afford to match their prices. They were right So, for the most part, YRC didn't try and, as a result, lost market share.
What the others didn't figure was that Wiley Willy would get a deal with us and with the bankers and bondholders.
