Apostolic said:
Well if Yellow merged Roadway,with Roadway already owning New Penn.
Than why is Yellow running all of their companies as independent?
When Roadway was their biggest compition before?
I'm not trying to give you a hard time Accelerator.
I'm just inerested.
You seem like someone that is very well informed on these issues.
I'm really not messing with you,I'd like to no the answers.
I understand and I do not take your questions as offensive.
First of all , a little while ago, most transportation companies realized there was a shift in the economy, This shift was in relation to economies booming in countries we had little to no business interest in. (EXAMPLE) products built in china, One of the fastest growing economies to date , most of these investment companies are ( British, american, russian,german, sweetish,and so on and so on). With this in mind companies like fedex, DHL,UPS, said to themselves that we can become world dominator's in other markets as well as our own, and offer a package to our customer's worldwide in every transportation catagory.
1. trucking
2. small package
3. ocean
4. air
5. mail
6. warehousing
7. staff managment ,shipping, recieving.
and any other form of logistic management services available.
Rdwy, Yllw, CF, And ABF . were never strangers to this venture niether was UPS and FDX But now it is time in the worldwide growing economy to tie the loose ends sort of speak. Not too mention we now have companies with even more investment capita, then the trucking co,s. I have mentioned above.
RDWY had RPS and Roadway global air.
Yllw spent most ( if I am correct) of it's sales in independant worlwide broker's.
ABF the same as YLLW.
CF as we know, Emery worlwide.
and also owned a small package entity above and beyond Emery.
To offer an extensive portfolio has alway's been the dream of every major transportation co. But in a soft market as we have now and and a growing world economy promotes more monies and less competition. Particularly if you buy them out.... If Roadway and yellow merge, and at the time they were both 3 billion dollar companies, they now have a 6 billion dollar co. they also have the same costomer base they have alway's had, they do not have to worry about rebranding , wich costs millions. realestate liquidations, lost business due to customers liking one co over another, Newpenn was a strong runner in the shorthaul wich is where roadway and yellow were not good at, same with USF. Now we shall see who can float and who cannot.