Missing Overnite, YRC stock talk

Discussion in 'Yellow' started by bigtruk_us, Jun 14, 2014.

  1. bigtruk_us

    bigtruk_us Well-Known Member

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    I'm a yrc driver.i can relate.Since the Union has ownership in YRC.Seems as though our members are competing against two entities.

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  2. yrc-atm

    yrc-atm commodities relocator

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    The union doesn't own any part of yrc

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  3. bigtruk_us

    bigtruk_us Well-Known Member

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    Yes..they sure do brother.

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  4. yrc-atm

    yrc-atm commodities relocator

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    No they sure dont. That stock was distributed to the rank and file a few years ago

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  5. bigtruk_us

    bigtruk_us Well-Known Member

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    We were supposed to keep receiving stock.somewhere along the line the union must've have comphiscated it.The first MOU said we would receive stock every year based on your annual income.hmmmm..where did it go after the 2 reverse stock splits?

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  6. yrc-atm

    yrc-atm commodities relocator

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    The first mou is for stock warrents which are available if the stock gets to a certain price but the reverse splits took care of that. The second mou gave the union 25% of the stock which was given to the rank and file in a 401k. I received mine and immediately moved the money into different investments. Everyone I've talked to at that time recieved the stock as well. The union owns no part of the company

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