new penn change of ops

Discussion in 'New Penn' started by hotrod69, Oct 19, 2010.

  1. NO WAY NO HOW

    NO WAY NO HOW Member

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    Jimmy Buffet once said he would never invest money into any airline..... He said it was a sure way to lose your money!.... I bet if asked, He would say the same thing about Trucking company's!
     
  2. Jay C

    Jay C Banned

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    I would bet if this passes and the New Penn debacle doesn't cause a big expense with a coo the stock would go to $10.00 and claw it's way up from there.

    The new work rules is a game changer. YRC would save hundreds of millions every year in efficiencies alone. The teamsters did not give the farm away agreeing to it..they fought many of YRC's demands

    http://www.teamster.org/sites/teamster.org/files/100510FREIGHTYRCWDemandsFlier.pdf
     
  3. caddy

    caddy Member

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    get real ....
     
  4. caddy

    caddy Member

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  5. NO WAY NO HOW

    NO WAY NO HOW Member

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    Any bets that if this thing pass's they'll be back in 6 months to get all the rest of those things they couldn't get this time!..... This will be the 1st Unionized- Non Union company.... Hoffa sr. is gonna roll in his grave!
     
  6. Slow Lane

    Slow Lane Member

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    The COO is posted on the New Penn forum, with the terminal closings. Our prayers go out to them and their familys. Sad day.
     
  7. Regular342

    Regular342 Active Member

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    Jimmy Buffet huh. Did someone catch up with him while he was having cheeseburgers in paradise or was he just hanging out in margaritaville and thought he would enlighten us with his superior knowledge of investing. Pretty sure you meant Warren Buffet.
     
  8. NO WAY NO HOW

    NO WAY NO HOW Member

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    Lmao....... good catch Reg! you can tell my mind is down in the Keys!! wish i were there now!!
     
  9. Jay C

    Jay C Banned

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    [​IMG]

    :hysterical::hysterical:
    and he probably said it before the airlines were disambiguated when pilots were making $200,000 a year with a golden contract..similar to UAW who had an iron-clad contract and brought down Detroit because Gettelfinger-UAW president let GM and Chrysler collapse before he made any changes. With so many jobs at stake Hoffa has no choice but to make changes in the NMFA
     
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  10. bucksnort

    bucksnort Banned

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    Sad how NP was a vibrant company at one time, even with Roadway running it. Just look at what it is now after Dollar Billy screwed with it. . What a joke
     
  11. jlb

    jlb Member

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    yrcw a holding company that holds a lot of brands and overseas investments. you can and will do what you need to do when you need to do it, to acomplish your goal or your agenda, when cash is short , due to the debt. someone will pay for it . yrc ,s is with consessions, take the consession money and pay down debt. and with all that is coming in the future yrc will be smiling all the way to the bank. while we on the other hand , will be saying 2015 i must of been out of my mind no no no it was that all the scare and fear, got the best of me. who came up with this ponzzi . buy all these companys and let conssesions pay for them. and in the end guess what the rich get richer and the poor working man gets poorer. and this my brothers is the truth. reality at its best. rich man poor man rich man poor man rich man poor man.
     
  12. Free Dumb

    Free Dumb Member

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    We owe them, they worked hard at college, while we were having fun.
     
  13. NO WAY NO HOW

    NO WAY NO HOW Member

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    wrong thread!! the Joke thread is down the hall to the left!
     
  14. bootleg707

    bootleg707 Member

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    Look at holding co's, ROADWAY, was in 72 or so countries they interlined with them nobody can show a link, now all this crap that they are owned by yrc investigate, show proof or grow up ,some of these POSTS are not gospel! DO we own AMERICAN AIRLINES? we used them for overseas shipments.
     
  15. NO WAY NO HOW

    NO WAY NO HOW Member

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    Who Cares!! The Vote is in, All thats left is the count! Lets stop arguing and guessing till the verdict is in, and they do whatever there going to do!! All we are doing now is giving them fuel for the fire! The more we are divided, the more options they have to scare us with!
     
  16. Wrench97

    Wrench97 Well-Known Member

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    The part I haven't figured out is why roll NP into YRC national? Wouldn't rolling them into Holland make more sense? If Rex or Yellow could run the regional model profitably we would not have bought either.
     
  17. dokman

    dokman Active Member

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    K
    Concession wont put cash in hand just a better platform to operate with!
     
  18. jlb

    jlb Member

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    if i had to say and i will there is coming a time when it will be all yrc. just my input to the future.
     
  19. jlb

    jlb Member

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    it was and i quote , 500 million in the first two cosessions , this is real dollars, it went to paying down debt, that yrc owes for buying roadway , holland ; china,, you give and they take.
     
  20. yankee clipper

    yankee clipper Member

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    End of newpenn

    New coo doesnt look good for NEWPENN regardless of vote ,seperate contract will come back to haunt .
     

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