New Penn Merger (UNVERIFIED)

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

  1. ronaldjake

    ronaldjake Member

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    Just my humble opinion but why would the banks shut down and entail a Great Company like New Penn into a proven loser YRCWD. My theory is the company losing money at a historic rate should be the one closed and entailed. The surviving regionals could expand and cover the footprint with their proven money making business plan. The union would negotiate the pension liability and we would prosper. The regionals have proven they can do what the mother ship cant. Thats why they bought us in the first place. JMO
     
  2. Grumpy

    Grumpy Member

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    I doubt very seriously Bill Z is a member
     
  3. Jeff

    Jeff Super Administrator

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    You may be surprised at who is a member here...

    We don't post addresses of anyone.
     
  4. johnnyo

    johnnyo New Member

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    Take it from a former Preston Driver in York, PA, it's only a matter of time no matter how it goes down. We just came to work one day and the gates were locked. No one really saw it coming. Wish you guys all the luck.
     
  5. old overniter

    old overniter New Member

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    Just a question and I AM NOT A TROLL. One of these documents proposing changes states that the closure of New Penn ( if concessions were not gained ) would also eliminate duplication of service. If this is a cost savings how can anyone say that if New Penn employees did agree that 6 months down the line they didn't do it anyway for the same reason? I feel for all the folks going through this . Maybe they ought to sell the company to the employees and just leave well enough alone , if that is possible. I agree a good portion of New Penns business will NOT be retained by Yellow if consolidated.
     
  6. shoeman

    shoeman Modulator

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    Thats already been done. I have a big share in YRC... My statement says ZERO but I know it's worth millions!
     
  7. old overniter

    old overniter New Member

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    Maybe I should have been more clear. Remove New Penn from the umbrella of YRC , period. If NP can make money , has made money, good business would suggest that the item that now pushes the company to a negative be removed. It appears that , to me , it's the new owners ( Yellow ) Spin it back off. Union Pacific did the same with Overnite. Bought it, changed all the staffing, and proceeded to go backward in profits - right to the losing side. Sold the company , Overnite , for less than they paid for it and walked away. I would hate to be faced with the decisions forced upon everyone by this situation. All I can say , and I mean it , is good luck.
     
  8. shoeman

    shoeman Modulator

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    I would appreciate it if they would cut HOLLAND loose too. We're tired of funding YRC also!
     
  9. NP Driver1

    NP Driver1 Banned

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    This has been my wish all along. YRCW senior management stupidity and incompetence refuse to acknowledge the problems at YRC. They should close YRC terminals in New Penn and Holland coverage areas, and enable the regionals to expand their proven successful business models. I don't want any of my union brothers put out of work, but killing off the successful freight companies leaving YRC to move what freight is left is the beginning of the end for all Freight Teamsters. Where the Hell is the IBT while our industry is destroyed?
     
  10. ronaldjake

    ronaldjake Member

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    At least the remaining regional carriers would get back the freight YRC took and their employees would get preferential hiring status.
     
  11. doin life

    doin life Member

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    how do you figure this?
     
  12. clydesdale

    clydesdale Active Member

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    who are the mystery investors? mayby they wanted this done.
     
  13. rainman220

    rainman220 Active Member

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    the elkridge yrc terminal would not get all our frt anyway. remember we service a bigger area then yrc does out of elkridge. some would go to Landover ,some to Manassas.
     
  14. rainman220

    rainman220 Active Member

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    finally some who has the same idea. but that would never happen. they would rather save the cancer and kill off the body.
     
  15. brook54

    brook54 Member

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    I'm with you shoe
     
  16. 7murph7

    7murph7 New Member

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    Here is another act by this stupid management. The only company that's making any money. Is going to be dissolved into a company that isn't making money. And I believe the only reason New Penn is making any money is because theirs is the only name customers recognize out there. So if you were to ask me . This is another stupid act by the men that are suppose to be saving our jobs.
     
  17. wikipie

    wikipie Member

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    zollars should be imprisoned for this travesty. chew the acquisitions up, and spit them all out...worthless. what a piece of crap.
     
  18. brook54

    brook54 Member

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    let's not forget Holland we seem to be making money too
     
  19. deville00

    deville00 Member

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    You are a piece of ::shit::
     
    Last edited by a moderator: Oct 23, 2010
  20. deville00

    deville00 Member

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    After all these years we finally agree on something!!!!!!!!!!!!!:clapping::clap::wavey::nutkick:
     

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