Duie Buying Holland Terminals

Discussion in 'A. Duie Pyle' started by diesel dummy, May 2, 2009.

  1. diesel dummy

    diesel dummy Member

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    I heard from a source a few days ago that Duie Pyle bought or is going to buy some of the USF Holland terminals that recently closed. I also heard that they are interested in the ex-Holland terminal in Allentown PA. Has anyone heard the same?
     
  2. crazy

    crazy Well-Known Member

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    From what I know they bought three NewPenn terminals in a leaseback deal..Baltimore Maspeth and Newburgh.It is a 10year lease with a 10 year renewal..Nice for a company that was running on empty and had to let go all their dockworkers...
     
  3. trucker999

    trucker999 Member

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    Duie better be careful,buying terminals with no freight out there can spell disaster???
     
  4. Friend of the frog

    Friend of the frog Member

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    Come on Crazy - I thought they were all rumors started by Sal over at NEMF:nutkick:
     
  5. xeastend

    xeastend Active Member

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    I drive for Pyle Transport.Steve O'Kane was at our safety meeting last week.He told us that Pyle bought 9 terminals from YRC.Gonna lease them back to YRC.The rent covers the financing costs.Here are the ones I remember.
    Newburgh,NY
    Portland,ME
    Maspeth,NY
    Burlington,VT
    Altoona,PA
     
  6. crazy

    crazy Well-Known Member

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    Trust me,He was behind it:biglaugh:bought a lot of stock when the DHL rumors started now he tring to get even:nutkick:
     
  7. FX Sam

    FX Sam Member

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    Where did ADP get the funds? They have Rubber checks I heard.
     
  8. crazy

    crazy Well-Known Member

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    Read the previous posts,they financed them, with the money they get back,they cover there financing.And then there was all that money they saved:nutkick: when they let all their dockworkers go..:TR10driving03:
     
  9. deville00

    deville00 Member

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    What Happens when YRC cant pay the RENT??????
     
  10. deville00

    deville00 Member

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    :biglaugh:
    What Happens when YRC cant pay the RENT?????????:biglaugh:
     
  11. ltltrkr

    ltltrkr Active Member

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    Yea Right

    Rubber checks ??? You have been drinking the KOOL AID at fed Ex haven,t you !!!!:ranting2::eck13:
     
  12. Friend of the frog

    Friend of the frog Member

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    How about when YRC has to choose between paying the rent on a Yellow terminal or a NPME terminal ???

    From the horses mouth "If they default Pyle is ready to occupy terminals in 30 days".....Not good
     
  13. deville00

    deville00 Member

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    If yrc defaults or not they still have to pay the rent.And when yrc defaults then you are paying rent on more properties with the same amount of work you have now isnt that how this whole mortgage crisis started to big a house and not enough money to pay for it!!!!!!So it dosent matter if its a yrc or newpenn terminal that still means you gotta foot the bill.Since there are no more dockworkers to can maybe they start canning sales people to get rent money.we could recommend one or two.(RIBBIT)
     
  14. Friend of the frog

    Friend of the frog Member

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    Some of you guys have so much class, its scary.

    I have never wished ill or harm to people here and there ability to feed their families and yet, one after the other, you guys take shots...


    I guess we will see who is standing last.
     
  15. deville00

    deville00 Member

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    Why do you think people take shots at you?If it's as many as you say then maybe its what you post on thier boards!I've been seeing this for some time now. You go on the YRC & NEWPENN sites spreading doom and gloom when these guys are dealing with paycuts, closures , and layoffs. So maybe you need to lighten up!!!!!!!!!!
     
  16. somebody

    somebody Member

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    altoona is brand new barn,yrc just moved in,go figure,just a waste of money by yrc.
     
  17. UnionTrucka

    UnionTrucka Member

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    yo deville, this is the same guy that said by the 1sr qrt., NP would be sold or spun off by YRC. last time i checked, that time came and went. his info continues to be very accurate, :biglaugh:
     
  18. deville00

    deville00 Member

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    Yeah i no i've been following him he just likes to stir the pot!!!:shit:
     
  19. Friend of the frog

    Friend of the frog Member

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    Sold or spun off would be better than whats happening to them now......Watch the laughing because its the last laugh thats the biggest
     
  20. deville00

    deville00 Member

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    I thought you didnt wish bad things on people???????
     

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