forestgump
TB Lurker
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a whole lot of nothing.
in every situation in life there are winners and there are losers. who will win here and who will lose. Winners include our wonderful CEO, management, dock workers, and office personel. Losers are the drivers.
One. Union scale will be less than starting wages at Fed Ex and R&L
Two. If this ship goes down there will not be enough capacity at the remaining carriers to pick up what YRC used to haul. Everybody else will be hiring to fill demand.
Three. If we accept wage cuts then the other carriers will match as well. If yrc closes and you go somewhere else you'll have the "concession" follow you.
Four. what is the point in paying dues to make less than the non union companies?
So if you want to keep overpaid dockworkers around then by all means vote yes. For you city drivers ask the customers dock people what they make compared to YRC dock people. I bet its less than half. Now compare what you as a driver make the non union drivers. I bet you its pretty much in line with what you make.
Management wont be needed at the remaining carriers as they already have management in place that seem more competent than the dream team we have in overland park.
Concessions have almost never worked in the long run.
The same problem that yrc had before the concessions will still be there. Too much debt and too much capacity.
Yrc has already done the following to stay in business. Massive layoffs. others are laying off but not nearly as much as yrc is. The issued more stock, diluting the existing shares. they have collartalized the debt. They basically have no assets left. Everything is mortgaged to the hills. Yrc is 4 billion behind in pension payments.
What difference will it make if yrc stays open X amount of time longer? Its not like the economy will coming roaring back whether we agree to the concessions or not. Seriously if you lose your job now or six months from now is it really going to change anything? you still are out of a job.
For those of you who think the pension needs to be saved and that taking a pay cut now will help to save it are walking blind without a cane. The pension is broke. Dont blame me i didnt break it. Most pension funds invest in the stock market. Stocks are way down, some like yrc are down 90%. I got news for you folks the market isnt coming back anytime soon. When the market crashed in 1929 it didnt hit those levels again until the 1950's.
YRC is already just about buying freight. We are getting close to the 86 percent discounts CF offered right before they closed the door. How in the world would you then raise prices in this economy once you have lowered them so much already??
in every situation in life there are winners and there are losers. who will win here and who will lose. Winners include our wonderful CEO, management, dock workers, and office personel. Losers are the drivers.
One. Union scale will be less than starting wages at Fed Ex and R&L
Two. If this ship goes down there will not be enough capacity at the remaining carriers to pick up what YRC used to haul. Everybody else will be hiring to fill demand.
Three. If we accept wage cuts then the other carriers will match as well. If yrc closes and you go somewhere else you'll have the "concession" follow you.
Four. what is the point in paying dues to make less than the non union companies?
So if you want to keep overpaid dockworkers around then by all means vote yes. For you city drivers ask the customers dock people what they make compared to YRC dock people. I bet its less than half. Now compare what you as a driver make the non union drivers. I bet you its pretty much in line with what you make.
Management wont be needed at the remaining carriers as they already have management in place that seem more competent than the dream team we have in overland park.
Concessions have almost never worked in the long run.
The same problem that yrc had before the concessions will still be there. Too much debt and too much capacity.
Yrc has already done the following to stay in business. Massive layoffs. others are laying off but not nearly as much as yrc is. The issued more stock, diluting the existing shares. they have collartalized the debt. They basically have no assets left. Everything is mortgaged to the hills. Yrc is 4 billion behind in pension payments.
What difference will it make if yrc stays open X amount of time longer? Its not like the economy will coming roaring back whether we agree to the concessions or not. Seriously if you lose your job now or six months from now is it really going to change anything? you still are out of a job.
For those of you who think the pension needs to be saved and that taking a pay cut now will help to save it are walking blind without a cane. The pension is broke. Dont blame me i didnt break it. Most pension funds invest in the stock market. Stocks are way down, some like yrc are down 90%. I got news for you folks the market isnt coming back anytime soon. When the market crashed in 1929 it didnt hit those levels again until the 1950's.
YRC is already just about buying freight. We are getting close to the 86 percent discounts CF offered right before they closed the door. How in the world would you then raise prices in this economy once you have lowered them so much already??