So you're saying, the concession stand is open?Stop for just a full minute and think about that. The management team inherited a billion dollars+ in debt from the Zollars regime. Without that debt service, Yellow is viable and profitable. Managers have kept the doors open for a company that has been technically bankrupt since 2008. Bankrupt meaning far more debt than assets. That is pretty good management.
Yellow provides jobs for 22,000 Teamsters. ABF and TForce combined employ only 15,000 Teamsters. Do the math. ABF and TForce cannot absorb all the Yellow employees. The IBT will not force Yellow into foreclosure and put them out of business. The IBT will do whatever they have to do and agree to any contract necessary to keep that $15 million a year in dues coming into the union treasury.