UPS BUYOUT OF YRC 2017

Discussion in 'YRC Freight' started by prochauffer, Sep 23, 2016.

  1. albag

    albag Pray for peace!

    Messages:
    5,602
    Likes Received:
    3,241
    Trophy Points:
    113
     
  2. SCRABBLE

    SCRABBLE Active Member

    Messages:
    451
    Likes Received:
    107
    Trophy Points:
    43
    Not sure if many of you guys and girls realize it, but that pro chauffer person that started this thread has a track record of having reliable inside information over the years. His posts are not as far fetched as many of you may think. He must know someone very high up in the company chain of command.
     
    aztec warrior likes this.
  3. flat top

    flat top Active Member

    Messages:
    304
    Likes Received:
    93
    Trophy Points:
    28
    I really do want to believe in santa Claus, I do but.....
     
    aztec warrior and fr8man like this.
  4. Elwood

    Elwood Question Authority

    Messages:
    3,245
    Likes Received:
    2,629
    Trophy Points:
    113
    aztec warrior and albag like this.
  5. fr8man

    fr8man Active Member

    Messages:
    170
    Likes Received:
    104
    Trophy Points:
    43
    the5tolls and aztec warrior like this.
  6. flat top

    flat top Active Member

    Messages:
    304
    Likes Received:
    93
    Trophy Points:
    28
    As long as he brings some new tractors, I can even live without the red suit.:biggrin new:
     
    aztec warrior likes this.
  7. Elwood

    Elwood Question Authority

    Messages:
    3,245
    Likes Received:
    2,629
    Trophy Points:
    113
    One at a time, Rudolph ain't a yearling anymore!
     
  8. fr8man

    fr8man Active Member

    Messages:
    170
    Likes Received:
    104
    Trophy Points:
    43
    Hmmmmm? I'm hoping you didn't mean that the way it came out!
    :hilarious:
     
    aztec warrior and seabreeze like this.
  9. albag

    albag Pray for peace!

    Messages:
    5,602
    Likes Received:
    3,241
    Trophy Points:
    113
    aztec warrior likes this.
  10. falconfan

    falconfan Well-Known Member

    Messages:
    2,436
    Likes Received:
    3,003
    Trophy Points:
    113
    I don't want to facilitate a rumor but since it's already started I'll tell what I have heard from source I won't mention.We know UPS is liable for an additional amount of over 3 billion dollars if the treasury approves cuts to the pension.

    http://www.pionline.com/article/201...if-central-states-benefit-reductions-approved

    As far as I know this rumor is made up possibly because it sounded like a good idea from someone above where I heard it from.He says UPS put an offer on the table to shore up the pension for a 1% rate of return as long as remaining companies then continue to contribute 100%.

    In addition, buying the regionals for X amount and leaving YRC debt free.Whether or not this has substance we may never know.Offers have been made before and turned down by one side or the other. This sounds like a pipe dream and probably is but since the rumors are floating I'm relaying what I heard a couple months ago and sounds like something we heard years ago that has resurfaced.

    In addition I questioned the shoring up the pension bit because that would probably take over 11 billion( I think?) But what the hell,let's keep the 10 year long rumor going.
     
  11. wongway

    wongway -15% Pay & Broke Pension Fund

    Messages:
    3,425
    Likes Received:
    2,696
    Trophy Points:
    113
    aztec warrior and falconfan like this.
  12. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

    Messages:
    1,489
    Likes Received:
    1,749
    Trophy Points:
    113
    aztec warrior, Triplex and wongway like this.
  13. Elwood

    Elwood Question Authority

    Messages:
    3,245
    Likes Received:
    2,629
    Trophy Points:
    113
    " the devil I know..."
     
  14. falconfan

    falconfan Well-Known Member

    Messages:
    2,436
    Likes Received:
    3,003
    Trophy Points:
    113
    The last paragraph may blow it for us.

    What buyers are looking for by and large are well-run companies, with the freight up to date, with a management team that will stay after the owner leaves.
     
  15. George David

    George David Member

    Messages:
    29
    Likes Received:
    42
    Trophy Points:
    13
    Wait, what? There's no Santa Claus?
     
    aztec warrior likes this.
  16. BIG R GUY

    BIG R GUY Last, bag standing

    Messages:
    7,407
    Likes Received:
    7,992
    Trophy Points:
    113
    I would say both words, merger, and acquisitions, blow it for us....
     
    aztec warrior, Toby and wongway like this.
  17. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

    Messages:
    1,489
    Likes Received:
    1,749
    Trophy Points:
    113
    Fake News!
     
    aztec warrior and troubleman84 like this.
  18. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

    Messages:
    1,489
    Likes Received:
    1,749
    Trophy Points:
    113
    Who knows, If the J B Hunt deal flys, you may be able to trade the Bag for a later model Sack.
     
    aztec warrior likes this.
  19. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

    Messages:
    5,263
    Likes Received:
    2,312
    Trophy Points:
    113
    Hell, y'all couldn't deal with working for UPS....watch what you ask for.
     
  20. Kennesaw Kid

    Kennesaw Kid Super Moderator Staff Member

    Messages:
    5,263
    Likes Received:
    2,312
    Trophy Points:
    113
    The smartest man in Maryville, TN.
     

Share This Page