Now that could get intresting. Bill Z as the ring leader.
Any YRC drivers want to guess who the head clown would be
Yellow | Rumor or Fact? You be the judge.
- Thread starter Vwaggs
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Now that could get intresting. Bill Z as the ring leader.
Any YRC drivers want to guess who the head clown would be
Now this could be some good :Now that could get intresting. Bill Z as the ring leader.
Any YRC drivers want to guess who the head clown would be
:
I heard a rumor that Bcoolonurstool passed a drug screen! I'm not sure I believe it though!:wacko::wacko:
imported_bmcotter
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A Johnny Cash song comes to mind on stocks...
:Flame-On:
:Flame-On:
Italian Style
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spaghettijg
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trouble causer at 309
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alledged revote for 705? (and maybe 710?)
a driver told me today at 309, yrc wants another vote and this time the drivers can keep their 5%, they will be voting on the pension stuff only. This was right as I was leaving work today so I didnt have time to confirm it all, but I did see the union rep from 705 and the one from 710, (and no, the 710 one still lacks the breath mint he so badly needs) He told me they laid off 15 drivers last weekend and will be laying off 10 more this weekend. Hold on to your hats, its gettn ugly again...
a driver told me today at 309, yrc wants another vote and this time the drivers can keep their 5%, they will be voting on the pension stuff only. This was right as I was leaving work today so I didnt have time to confirm it all, but I did see the union rep from 705 and the one from 710, (and no, the 710 one still lacks the breath mint he so badly needs) He told me they laid off 15 drivers last weekend and will be laying off 10 more this weekend. Hold on to your hats, its gettn ugly again...
J
Jay C
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the mother of all nasty rumors
trouble causer at 309
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705 will vote, unknown whether 710 will vote again... the union ba for 705 was there friday and he sounded like the company, telling the drivers that they put up a good fight and held out longer than other unions in the nations, and it was time to vote yes otherwise it was over... sounded like the same ol song and dance.. "vote yes or we will close the company" blah blah blah. it just sounded like the company and the 705 union were in bed together now....
Bosslinco76
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At terminal 124/Formally 195 we are hearing strong rumors that 165 Atlantic City/Millville,N.J. wiill be closed and brought into our barn It only a 20 door terminal. That terminal revolves around only 3 to 5 key accounts and those accounts could be serviced fromk our service area. Management states before that is done a COO has to occur,with other terminals that may or may not close. 165 has men 3 on LOL,and 10 active. They would dovetail into our barn list. Different Local 676 would all become 107 members. The date we are hearing on a COO is around 3/1/10,but who knows?????
I'm retired from Brooklyn. Can you PM me where you heard that rumor?
Another day to add to our calenders 3/15
Here is a post from yahoo finacials from some guy in Hawaii
3/15/2010
Without financing for outstanding bonds by mid March YRCW will collapse. Chapter 11 bankruptcy will take place about a week before the debt is due, the reason for this is to protect (ironic as it is) senior managements severance payments that are not considered wages or salary. They are on the edge now and without a large amount of cash thrown their way its all the way to the bottom.
I forgot to copy the date from his post
Here is a post from yahoo finacials from some guy in Hawaii
3/15/2010
Without financing for outstanding bonds by mid March YRCW will collapse. Chapter 11 bankruptcy will take place about a week before the debt is due, the reason for this is to protect (ironic as it is) senior managements severance payments that are not considered wages or salary. They are on the edge now and without a large amount of cash thrown their way its all the way to the bottom.
I forgot to copy the date from his post
I was reading several articles about YRC financial comings . It is claimed that YRC will receive $85 million in tax refund which YRC will receive before these outstanding bonds come due.
metalmikex
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According to Zollars and the crew from the conference call, They are working on ways to borrow the money to pay that...... Said the tax refund will go to the day to day operations........ He's some of the talk from the transcript........
Jack Waldo -- Stephens, Inc
Yes. And then last question on the USF, the remaining USF notes due I guess in April, how do you plan to pay that? Can you pay it with cash or do you have to find an alternative source of funding to pay those?
Bill Zollars
As we said in our remarks and in the press release, we’re in active discussions with investors on that subject right now and that’s all we’re going to be able to say.
Jack Waldo -- Stephens, Inc
But can you pay it with cash on hand?
Sheila Taylor
No, we will not use our cash on hand.
Jack Waldo -- Stephens, Inc
Okay, so, it’s contingent on finding an alternative source?
Sheila Taylor
Correct.
Bill Zollars
Correct.
Jack Waldo -- Stephens, Inc
Okay. Thank you guys very much for your time.
Bill Zollars
That concludes our remarks and we appreciate you being with us this morning and we’ll see you at the end of the next quarter
YRC Worldwide Inc. Q4 2009 Earnings Call Transcript -- Seeking Alpha
carolinajohn
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It seems that YRCW is operating like the federal gov`t. Just keep on borrowing what ever you need or want until you hit bottom. I don`t see how YRCW can ever repay the debt they already have. Sooner or later these investors are going to say "we`ve had enough". Don`t know how long it will last,but each week of work means another paycheck. I guess that`s the only way to look at it.