I don't see it as keeping Yellow down.Every company cutting rates trying to fill their trailers. Talked with salesman about one of the customers on my route that we lost because of someone cutting rates, this is industry wide.
It takes longer to go broke sitting still than to run up the run for nothing.
I dont know. I see it as the other companies going after YRC.
Its corporate cutthroats at their best, trying to make YRC die and go away. REMEMBER, its the guys at the top, dont want to see anyone lose their job, income, insurance etc.
This is like 4 gas stations on a corner haveing a pricing war, the ones with the deepest pockets will win. I guess they're trying to figure out who will run out of money first.
Sucks for all of us, they just keep reducing pay and bene's to pay for their game.
To much manufacturing went offshore, hate to say it, but, govt. let it happen, even endorsed it, they didnt look far enough ahead to see the real impact it would have.
Now, everyone is paying the price so some company can look good on the Dow Jones.
Its all about the God of green and the bottom line. No morals, no ethics and no integrity. Thats the new way of doing business in the United States of America.