653 SAYS .......UPS TO ACQUIRE YRC DEBT IN 2017.THIS WON`T GO AWAY AND KEEPS COMING BACK.IS MR.BLACKWELL HOLDING SOMETHING BACK ABOUT A CHANGE OF OWNERSHIP?PLUS EOB TRAINING AND RE-ALIGNMENT OF 500 PLUS RUNS.....BROWN UNIFORMS.....PAY OFF CENTRAL STATES BALLOON PAYMENT....4O1K COMING SOON AFTER THE SMOKE CLEARS , AFTER WELCH AND CREW FIND THE REAR EXIT DOOR.THERE IS ALWAYS HOPE,STAY TUNED AND PLEASE VOTE!THE HEART & SOUL OF AMERICA AND IBT IS AT STAKE......I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS, " ONE NATION UNDER GOD", INDIVISIBLE,WITH LIBERTY AND JUSTICE FOR ALL......ALL LIVES MATTER....PROCHAUFFER.
Why would a profitable well run globally recognized and admired company want to buy YRC ? A dumpster fire of PCB's are more valuable than YRC Again if they want us to know anything important they put it on paper. No common hourly employee has the inside connection at the golden table. We are the last to know anything.
This would not be good news in many barns where you have 15 years or less. Especially back east. If this were to happen they just might merge YRC, USF and UPS. That is huge and a nightmare for many. Careful for what you wish for. Another thing, UPS has a lot of rules, we don't like ruled
I heard that UPS had tried to buy the USF companies as their LTL division before Overnight and Motor Cargo. Maybe this is what they are going after.
This rumor isn't new and it was just one year ago that Conway could have been bought.If UPS cared about growing in freight don't you think they would have bought conway. No pension problems or debt. Why would they pass on that and take on all the problems that exist with YRC?
UPS is not that dumb.............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Or is it?
This is a post from teamsteronline from 2010. It's old. But, he does have some points. Just some fuel for the fire on this thread. "take it from a veteran in the ltl industry. ups wants to buy yrc. let me list the reasons: 1. they will never get a better deal.2. they will be be picking up 6 billion in revenue and taking out a competitor which will improve pricing. 3. they are running out of capacity on the ltl side. 4. they are 90% regional on their ltl side and it needs to be separated from their long haul 3-4 day freight which is 90% of yrc business. 5. they are behind market share of fdx freight. 6. if they can't take yrc out, they want to consolidate all the union carriers under the ups umbrella to get more leverage on the union so it will make them more competitive with fdx. 7. look for the teamsters to offer concessions to offer concessions to ups as a swap for buying yrc because teamsters have a big investment in this also, including a big ownership in yrc. these are a few of many, but you can bet on the union members passing any concessions and making company more profitable. why? because the only people left at yellow that havent been laid off are the oldies afraid of losing their retirement. they will work for minimum wage if necessary to save their retirement. all competitors can forget and pretty well have given up on putting them out of business, which is raising industry pricing. now that's some real info for you instead of a bunch of bull crap. have a nice day and a little bird told me their will be a "big announcement" soon."