Freight beast
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Anyone else hear ups is buying xpo. I heard this. Makes sense why they didn’t care about cleaning out there system and losing millions.
Every co on stock market can be bought out for the right price. Even UPS and FedEx.But , make no mistake about it , XPO IS for sale...for the right price.
Wrong info.The rumor down here is that UPS is looking to buy YRC. I am not going to rush out and buy yellow stock on that juicy inside information. But you never know.
No businessman will buy YRC with their debit load. But, even more a reason, the pension liability is as much or more than the company's value. The smart business man waits for the creditors of YRC to force them to close. The pension obligation is a dischargeable debit in bankruptcy. That is why nobody has or will buy that amount of debit. There is no value left in the company. They sold off all the valuables to stay afloat. A company with lots of cash swoops in & buys whats left for 30 cents on the dollar. Nothing like growing your company thru the demise of your competitor. von.The rumor down here is that UPS is looking to buy YRC. I am not going to rush out and buy yellow stock on that juicy inside information. But you never know.
30 cents on dollar too rich.No businessman will buy YRC with their debit load. But, even more a reason, the pension liability is as much or more than the company's value. The smart business man waits for the creditors of YRC to force them to close. The pension obligation is a dischargeable debit in bankruptcy. That is why nobody has or will buy that amount of debit. There is no value left in the company. They sold off all the valuables to stay afloat. A company with lots of cash swoops in & buys whats left for 30 cents on the dollar. Nothing like growing your company thru the demise of your competitor. von.
This rumoris getting old , everyone in LTL thinks that UPS is going to buy them, when the reality is that they don't even want rht LTL that they have!!!This is a persistent rumor. It's been going on since before UPS bought Overnite. UPS doesn't need XPO.
UPS may not want LTL because of union baggage but they must provide LTL service for their customers to compete with FedEx.This rumoris getting old , everyone in LTL thinks that UPS is going to buy them, when the reality is that they don't even want rht LTL that they have!!!
I would be surprised if they had the least bit interest in buying XPO or anyone else, They are not really trying to compete much in the LTL market. UPS is on of the most wealthiest corporation's in the world. They could put a hurt on all of the LTL's if they choose too. There LTL is more of a completion of the Portfolio.UPS may not want LTL because of union baggage but they must provide LTL service for their customers to compete with FedEx.
If one could bundle and other not, it would be a loss of business.
Otherwise they never would have bought Overnite.
UPS Freight is not going away.
This rumoris getting old , everyone in LTL thinks that UPS is going to buy them, when the reality is that they don't even want rht LTL that they have!!!
Actually reality is that if UPS wanted to dump Their freight division, this past contract negotiations would have been the perfect time, but UPS chose to keep their freight division. My guess is that they want their freight division to be apart of their portfolio.This rumoris getting old , everyone in LTL thinks that UPS is going to buy them, when the reality is that they don't even want rht LTL that they have!!!
lolyou all got it wrong roto rooter buying yrc so all problem can go down the drain