LTLIndentured
TB Veteran
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Is there an exit plan for holland to get out from under YRC and be its own company again?
Then I would have no future at Holland because when YRC closes then Holland (the only profit portion of YRC) closes too. I don't get it, why can't YRC run profitably like Holland? It's the same company right?No they are tied in for LIFE
It's the same company right?
Then I would have no future at Holland because when YRC closes then Holland (the only profit portion of YRC) closes too. I don't get it, why can't YRC run profitably like Holland? It's the same company right?
I do not know any technicalities but the debtor is slave to the lender. In that case shouldn't the lender have authority to call the shots such as a sale of a regional regardless of how it was originally written up?
Cheer up maybe they will merge it all under one roofIn the first purchase there was language stating snap back
provisions if there was a sale.
Now I believe they can do whatever they want.
Dovetail us oh hell no. It would take forever for me to move up board. In about 7 years I can sit back and choose what I want to run not just the board.Cheer up maybe they will merge it all under one roof
Go read the history of Yellow and the way they operate.
The only company to walk away with their operation still intact is SAIA. The rest were cherry picked and the rest left to rot.
Always wondered why SAIA was not pillaged ........
Cheer up maybe they will merge it all under one roof
Go read the history of Yellow and the way they operate.
The only company to walk away with their operation still intact is SAIA. The rest were cherry picked and the rest left to rot.
Always wondered why SAIA was not pillaged ........
ME ? Says a lot.........Dovetail us oh hell no. It would take forever for me to move up board. In about 7 years I can sit back and choose what I want to run not just the board.
With the majority of this operation non-union and much of the management Ex YRC may have something to do with it.I'm surprised they haven't already combined reddeway.There is a "grand design", we just don't know what it is.
When he visited our terminal, I personally challenged the President of Holland with this question.The only way for Yrcw to ever get out of debt,would be from the sale of Holland.
You're right. They've changed the rules so many times that nobody even knows what they are anymore.Now I believe they can do whatever they want.
We have a winner !!!!!! Zollars had to do it that way, otherwise the banks would have stopped this carnival 7 years ago.When he visited our terminal, I personally challenged the President of Holland with this question.
Can we be separated from YRCW or not?
The answer was.......... "NO. We are financially tied together."
I suppose things could have changed along with all of their other shenanigans, but that came straight from the horse's mouth.
When he visited our terminal, I personally challenged the President of Holland with this question.
Can we be separated from YRCW or not?
The answer was.......... "NO. We are financially tied together."
I suppose things could have changed along with all of their other shenanigans, but that came straight from the horse's mouth.
I'm surprised they haven't already combined reddeway.There is a "grand design", we just don't know what it is.
I dont believe that. Yrc and Holland are separate operating entities. They can easily shut down the money losing subsidiary (yrc), sell off what they have for scrap, and keep the money makers (regionals) moving forward.When he visited our terminal, I personally challenged the President of Holland with this question.
Can we be separated from YRCW or not?
The answer was.......... "NO. We are financially tied together."
I suppose things could have changed along with all of their other shenanigans, but that came straight from the horse's mouth.
I dont believe that. Yrc and Holland are separate operating entities. They can easily shut down the money losing subsidiary (yrc), sell off what they have for scrap, and keep the money makers (regionals) moving forward.