HAmmer-Roadway
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with all the layoffs increasing,empty trailers losing buisness i think doomsday is here soon for yrc.
This company will be here long after your dead and gone:smilie_132:
Yellow | final months for yrc?
- Thread starter MATTHEW123
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This company will be here long after your dead and gone:smilie_132:
to wheelgrip
Much or if not all of the property is leased by YRCW. Estes bought it so the banks don't have that to hold the company for. I hope for all of the best for everyone, trucking used to be so easy. A driver used to go to work and not worry about the economy or their jobs. Now everyone worries about their jobs and their company no matter where they work. GOOD LUCK TO ALL DRIVERS
Much or if not all of the property is leased by YRCW. Estes bought it so the banks don't have that to hold the company for. I hope for all of the best for everyone, trucking used to be so easy. A driver used to go to work and not worry about the economy or their jobs. Now everyone worries about their jobs and their company no matter where they work. GOOD LUCK TO ALL DRIVERS
dont tread on me
And arguing the same points back and forth , again and again , would of course , be a (all together now)...RETREAD!
diesel toes
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HA HA---- That was funny I must say.
yrcwdriver1
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Dud you get it.Zollairs went to Bush and said we need help and Bush said it's on it's way were going to put it to the Unions big time.
What does Bush have to do with losing HUGE accounts last week due to lost freight because of a COO/Merger that took place March 1st? BTW, Bush is out and Obama is in. That happened in January. I gotta hand it to Obama though, at least he didn't let all the levees break up there in Fargo!
larry retired
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Actually I agree with you, I just had to give you a hard time.
I'm sending you some green.wheelhoarse69
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YRC will survive
What the next 3 months, years? tell us what you know or is this just your opinion?
I have insider info that your grandchildren will drive for YRC whether you like it or not. It will be government mandated!
Great Summary!
My question is "Will we survive with the current conditions of the automakers"? Even before the merger early last spring KCM/326 managment told me the automakers represented 25%-30% of the midwest business. The automakers historicly has always used us unionized carriers to ship their freight. So now its not a matter of the economy turning around to gain that freight back. We are about to loose numerous GM brands permanatly! Even if Chrysler mergers with Fiat that is no guarentee they will continue to ship via unionized carriers anymore. They will be owned by a foreign automaker! I was beginning to think that maybe we could turn this around, but as the news continually changes on the economy daily, and more bailouts, after bailouts to me means more and more layoffs for YRC, more than we can fathom. I hope we make it!
My question is "Will we survive with the current conditions of the automakers"? Even before the merger early last spring KCM/326 managment told me the automakers represented 25%-30% of the midwest business. The automakers historicly has always used us unionized carriers to ship their freight. So now its not a matter of the economy turning around to gain that freight back. We are about to loose numerous GM brands permanatly! Even if Chrysler mergers with Fiat that is no guarentee they will continue to ship via unionized carriers anymore. They will be owned by a foreign automaker! I was beginning to think that maybe we could turn this around, but as the news continually changes on the economy daily, and more bailouts, after bailouts to me means more and more layoffs for YRC, more than we can fathom. I hope we make it!
BamaTrucker
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It's over guys, we might as well all be began looking, improved service will not bring YRC back our best service doesnt compete with our competition, the company cant handle the debt load in this economy, the big dogs are just looking to get into a position so they get all that's coming to them (money) and everyone else is out in the cold.
Union Affiliation-- rather not say! Go figure, go away!
Stop showing your ignorance and educate yourself.
If need be, YRCW will cut off its arm (Regionals) to save the body (YRC), not the other way around. Another way to put it is to "sacrifice your pawns, to save the king".
In the freight business, and the economy, there are constant peeks and valleys, that last for several years.
When times are good and corporations have cash to spend, they purchase assets of other companies, which is what Yellow Corp.(YRCW) did years ago. Once upon a time, Roadway Corp. did the same thing with Coles Express, Spartan, Viking, Central Freight, and started up Roadway Package System (RPS), now known as Fed-Ex Ground.
As it becomes necessary, they sell off assets to save the major company. These are the toughest economic times that many of us have ever seen, therefore extreme measures are called for.
Go to Yahoo Finance, look-up previously filed 8K's for YRCW, in which it states, the terms of the loans that were restuctured. It explains in those statements that all of USF was put up as collateral.
If needed, whether your a profitable Regional Carrier or not, your assets will be used to help YRC (Yellow-Roadway) survive.
YES!! Good times are here again!!:TR10driving03:
YouTube - Yellow Asks Drivers For Steep Pay Cuts
This video was shot in Kansas City, Mo. with some video inside Local 41.
This video was shot in Kansas City, Mo. with some video inside Local 41.
imported_gapooh1
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LONG LIVE GATOR FREIGHT WAYS. WITH ZIMMERMEN ON OUR SIDE AND ZOLLARS ON YRCW WE CAN'T LOOSE
Soon there will be no more regionals left to sell and then:TR10driving03: