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Holland | Profit sharing check this year ??

skullcramp said:
Should have been a little more clear. I meant I I still have enough I can send them the money if it was a mistake. They'd probably want interest right?
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:1036316054:
I thought maybe you were saving yourself a memento.
 
I was under the impression that pretty much every truck driver has to bend over. Even the guys at ODFL. They're just paid enough to enjoy it.
 
they have been showing a loss in the last few quarters, mostly due to how much is being paid on debt and how much theyre spending on technology/upgrades. we did get it last yr by now which makes it seem like there is no bonus coming,not even 1%.
 
sedain said:
they have been showing a loss in the last few quarters, mostly due to how much is being paid on debt and how much theyre spending on technology/upgrades. we did get it last yr by now which makes it seem like there is no bonus coming,not even 1%.
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(b) Profit sharing bonuses will be distributed to the employees by separate check within ninety (90) days of the end of the calendar year.
 
Just assuming an unnamed company "shares" it's profit with employees (if there IS a profit)......
does that mean the said employees must PAY the unnamed company if the company has no profit and LOSES money instead?
 
henry j said:
Just assuming an unnamed company "shares" it's profit with employees (if there IS a profit)......
does that mean the said employees must PAY the unnamed company if the company has no profit and LOSES money instead?
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I would say that most employees would be happy to pay the "unnamed company" money back, as long as the "unnamed company's" employees could also fire their stupid ass for losing money in the first place.

Everyone else seems to be able to show a profit without shafting their employees, why can't these jackasses?
 
sedain said:
they have been showing a loss in the last few quarters, mostly due to how much is being paid on debt and how much theyre spending on technology/upgrades. we did get it last yr by now which makes it seem like there is no bonus coming,not even 1%.
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Who is showing loss? The regionals profits remain the same. 95.3 for the year.
 
sedain said:
yrcw has been reporting millions in losses in the quarterlys
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  • For full-year 2016, improved yield from continued pricing discipline contributed to a consolidated operating ratio of 97.4 compared to 98.1 in 2015. YRC Freight improved its operating ratio by 120 basis points to 98.2 while the Regional segment reported a 95.3 operating ratio
Key Segment Information - full-year 2016 compared to full-year 2015

YRC Freight 2016 2015 Percent
Change(b)
Workdays 252.5 251.5
Operating revenue (in millions) $ 2,958.9 $ 3,055.7 (3.2 )%
Operating income (in millions) $ 53.2 $ 18.0 NM (a)
Operating ratio 98.2 99.4 1.2 pp
Total tonnage per day (in thousands) 24.64 25.43 (3.1 )%
Total shipments per day (in thousands) 41.06 42.35 (3.0 )%
Total picked up revenue per hundredweight incl FSC $ 23.49 $ 23.71 (0.9 )%
Total picked up revenue per hundredweight excl FSC $ 21.30 $ 21.01 1.3 %
Total picked up revenue per shipment incl FSC $ 282 $ 285 (1.0 )%
Total picked up revenue per shipment excl FSC $ 256 $ 252 1.3 %
Total weight/shipment (in pounds) 1,200 1,201 (0.1 )%


Regional Transportation 2016 2015 Percent
Change(b)
Workdays 252.0 251.5
Operating revenue (in millions) $ 1,739.3 $ 1,776.9 (2.1 )%
Operating income (in millions) $ 81.3 $ 85.4 (4.8 )%
Operating ratio 95.3 95.2 (0.1 )pp
Total tonnage per day (in thousands) 30.10 30.71 (2.0 )%
Total shipments per day (in thousands) 40.84 41.33 (1.2 )%
Total picked up revenue per hundredweight incl FSC $ 11.47 $ 11.52 (0.4 )%
Total picked up revenue per hundredweight excl FSC $ 10.42 $ 10.26 1.6 %
Total picked up revenue per shipment incl FSC $ 169 $ 171 (1.2 )%
Total picked up revenue per shipment excl FSC $ 154 $ 152 0.8 %
Total weight/shipment (in pounds) 1,474 1,486 (0.8 )%
 
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