Does 309 figure anywhere in this potential COO ??as far as the coo, Ive heard that a majority of the Coldwater and Cleveland terminals will feed into Toledo, as well as some of Detroit, with he Northern half going to Pontiac, as well as some of the Columbus operation heading to Toledo.. The story Ive heard is they want Toledo at maximum capacity due to to, to many many breakdowns between Chicago and the east coast, plus Toledo is paid for, as well as a major rail hub being built very close to the Toled hub..
Once again CF went out due to no workers comp insurance. No workers comp would insure them.It is that time of the year when we remember the CF brothers.
Rumors usually start flying about this time each year and why should this year be any different?
The only thing that doesn't change is the bonehead decisions that management personel make each and every day!
Now, our VP for our region says to hold the TC and Velocity freight if we don't have enough weight to warrant running it.
STUPID ! ! ! ! !
So that means Gallagher and basset will always be there for yrc, even if not paid. If yrc can't pay their bills, that one would be one of those bills. Not saying it is happening, saying it is fully possible.Once again CF went out due to no workers comp insurance. No workers comp would insure them.
No one would insure CFSo that means Gallagher and basset will always be there for yrc, even if not paid. If yrc can't pay their bills, that one would be one of those bills. Not saying it is happening, saying it is fully possible.
No one would insure CF
Thanx R-14....YRC is still self insured...I founds this article CF BANKRUPTCY: A failure's long shadow
................A report by CNN/Money points out “the final straw” came for CF when one of the carrier's surety bondholders canceled coverage related to the company's self-insurance programs. That killed discussions with lenders and potential investors. With all hopes for resurrecting the camel's back thus broken, CF suspended operations on September 2 and filed for Chapter 11 bankruptcy the next day.....................
BUY OUT
anyone else hearing that today after the stock market closes there's going to be an announcement
of a buyout of YRC???? probably just another rumor or maybe wishful thinking.