Which New Penn terminals were recently sold?

Discussion in 'New Penn' started by NP Driver1, May 3, 2009.

  1. ltltrkr

    ltltrkr Active Member

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    Huh !!

    Like Frog said, no whs in NJ. The terminal we rent in E. Bruns has not been owned by YRC in a long time. We are renting it from a mngmnt. company. :shift:
     
  2. Irishman107

    Irishman107 Member

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    WOW you did back it up with fact:biglaugh::biglaugh:. NO FACTS like usual. Hey who was the guy who said we would be closed a few months ago. That would be you Frog. With all your connections:biglaugh::biglaugh:Froggie your a legend in your own mind.
     
  3. owlpuss

    owlpuss Member

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    just asking pyle in westfeld mass does lowes distro is that great big building going up across the street going to be lowes i know they have a flat bed distro yard next door and ups and tmc are the house carriers?
     
  4. Friend of the frog

    Friend of the frog Member

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    not sure. do not know the lay of the land up there. i do know that pyle no longer does business w/ lowes on a ppd basis....sorry
     
  5. Friend of the frog

    Friend of the frog Member

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    you are right again, pyle is leasing them back for free because Steve O misses his NPME roots
     
  6. allnightrain44

    allnightrain44 Active Member

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    hey froggie,am i understanding you right? you saying s kearney -npme- that is, was sold to a logistics company? the new terminal, the puerto rico terminal or both?
     
  7. Friend of the frog

    Friend of the frog Member

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    I know nothing.......ask the Irishman he knows everything...
     
  8. allnightrain44

    allnightrain44 Active Member

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    :horseshit: froggie,you know the answer,just spit it out.
     
  9. Friend of the frog

    Friend of the frog Member

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    sorry but i am done w/ the idiots here....pm if you are serious
     
  10. Goober

    Goober New Member

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    I work for Reddaway. YRC has went and bought a few of our terminals that were free and clear, then turned around and started leasing them back.

    My terminal which was paid for free and clear had over a million dollar lien taken out against it in the form of a loan. I found out about this when an aquaintance asked me if our company had been bought out. I said yes but that was two years ago.

    This person who worked at a local bank told me that a company called YRC took out the loan and placed a lien against our building for a loan.

    My best guess is for operating cash.
     
  11. newpenn107

    newpenn107 Active Member

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    Welcome to our world..newpenn owned just about everyone of their terminals free and clear and had no debt..now we own nothing!!!! say bye bye YRC :TR10driving03:
     
  12. freightgod54

    freightgod54 Member

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    Yellow

    its a real shame what is happening to this once proud company.
     
  13. Irishman107

    Irishman107 Member

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    You will be missed as much as a Herpes Infection. But like a Herpes Infection we all know you will be back:eck13::eck13:
     
  14. ctroadrunner

    ctroadrunner Member

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    Fedex freight leases almost all of there barns they seem to do alright .
     
  15. scottman920

    scottman920 Member

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    Now thats a good one irishman:biglaugh:
     
  16. newpenn107

    newpenn107 Active Member

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    Leasing terminals is ok..but not after you already owned them all!! And then the scumbag parent company takes them and sells them to save their sorry asses
     
  17. Friend of the frog

    Friend of the frog Member

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    Exactly. FedEx did not sell their properties to cover their bills.

    FedEx did not sell their terminals to their biggest competitors.

    Even when YRC started selling overlap terminals it was OK. Selling the terminals they are still using is a different story.

    Its the same as owning your home and renting a house or apartment. You lose all the equity you accumulated. You lose the tax breaks and worst of all, you are at the mercy of a landlord. In this case.....your competition.

    Sorry, but this is not a positive
     
  18. ctroadrunner

    ctroadrunner Member

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    OK Dopie. Wer gert it werre stuuuperd union tyypers
     
  19. Friend of the frog

    Friend of the frog Member

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    Why do you choose to ignore the post prior to mine, where the poster says basically the same thing is me ??

    I am not talking down to anyone and I am not insinuating that anyone is stupid.
     
  20. newpenn107

    newpenn107 Active Member

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    No frog..he had a typical response on this board like anyone who makes a post, then it gets pointed out that they were wrong. All they can come back with is to try and talk down to those who disagree with them... its a defense mechanism i guess...
    more people on here try to talk down to others than they do making a valid point..
    soooooooooo..if you cant back up what you say..then dont say :shit:!!

    ps...put a fork in us...we're done
     

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