YES Voting Sheep ,need to read this !

Discussion in 'YRC Freight' started by wongway, Aug 13, 2017.

  1. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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    Yep, got really bad when you missed the Lone Ranger.
    Are you kids old enough to rember the old radio shows?
    Jack Armstrong, Charlie Chan, The Great Gildersleeve, Fibber Mcgee & Molly, Inner Sanctum, I'd listen to that Damn
    squeaking door and be too scared to go to bed.
    Dick Tracey, Mr Keen Tracer of Lost Persons.
     
  2. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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    Von, Do you remember the tribe of half a$$ indians in Fla?
    Called them Semiholes
     
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  3. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    Only ones I know of that old on here is you, and triplex....
     
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  4. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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    My underwear is older then Triplex!
    Born the same year dirt was invented.
     
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  5. vongrimmenstein

    vongrimmenstein Well-Known Member

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    Yea. doing very well with the casinos. With the right leadership & less drinking anybody can make it. You might want to remove your post. If the num nuts left wing nut jobs see this, you might wake up with your house surrounded with people holding hatchets. Could give a whole new meaning to the words 'hair piece'. von.
     
  6. vongrimmenstein

    vongrimmenstein Well-Known Member

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    And just as dark. von.
     
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  7. mysticobra

    mysticobra Just here.

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    No hatchets.
    Tiki Torches.
     
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  8. vongrimmenstein

    vongrimmenstein Well-Known Member

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    Talk about a new way to get a sun tan!!!. von.
     
  9. mysticobra

    mysticobra Just here.

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    That company is distancing itself from those people.
    Sorry to say it's the first thing I thought of when I saw a rack of Tiki's yesterday.
     
  10. wongway

    wongway -15% Pay & Broke Pension Fund

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    [​IMG] Get back on Subject at hand here DRIVER'S , and that is to FIGHT BACK in 2019 :6788:
     
  11. vongrimmenstein

    vongrimmenstein Well-Known Member

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    No need to apologize. If what you say offends someone, they know where the off switch is. I once walked away from someone flappin there gums as I grew tired of the message & the messenger. So I walked away. They chasesdme down & asked why I left. Told them I did not like the music just turned off their off switch. Of course they were not happy, though I was. I do believe I was rude, crude, & socially unacceptable. But that was ok. I was never bothered by them again. Mission accomplished. von.
     
  12. mysticobra

    mysticobra Just here.

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    It's why I bid midnight forklift. Have to get away from afternoons.
    That's all I'm saying. Flippin the switch.
     
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  13. vongrimmenstein

    vongrimmenstein Well-Known Member

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    Copy that. von.
     
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  14. bigtruk_us

    bigtruk_us Well-Known Member

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    Not withstanding the pension payment due in 2019 a congratulations to all of us for helping YRCW narrow the debt line from 1.6billion dollars a few years ago to roughly 600 million plus or minus that is owed now.Over the past 18months YRCW has paid down a tremendous amount of debt and that was accomplished with executives receiving their bonuses and others moved up within the organization and granted salary increases and options.Not bad for a company that claims to be broke.I ask with all this financial stuff being paid down why not a peep out of this organization about this major accomplishment and yet the stocks should've reflected this achievement?I ponder and wonder
     
  15. bankersruntheworld

    bankersruntheworld Member

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    Putin called men of europe and usa a bunch of cucks recently.

    Looking at the last post I wonder if we fit that category.
     
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  16. wongway

    wongway -15% Pay & Broke Pension Fund

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  17. SamHouston

    SamHouston Member

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    It's
    It's still a billion of debt as they only refinance a portion of it (600 million) at an astronomical interest rate of 10.2%. They know trouble lies ahead and took a higher rate knowing it was better than not getting it done at all next year (no refi=bankruptcy).
     
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  18. hilo342

    hilo342 Active Member

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    Sam, not being a YRC cheerleader, not sure if all of your information is totally accurate. From what I've read, the interest rate is around 9 pct, but adjustable annually. Also, I found this quote from Market Watch,

    Is YRC Worldwide’s Debt in Line with Its Peers in 2017?
    By Samuel Prince Aug 8, 2017 3:47 pm EDT
    YRC Worldwide’s debt
    In this part of the series, we’ll look at YRC Worldwide’s (YRCW) debt. On June 30, 2017, its total debt stood at $998.0 million. The debt included secured and unsecured CDA (contribution deferral agreement) notes, capital leases, and term loans. As of June 30, 2017, YRCW’s cash and cash equivalents were $215.2 million.


    [​IMG]

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    At the end of 2016, the company saw its lowest debt levels since 2005. That same year, YRCW reduced its debt by $70.0 million. On the 2Q17 earnings call, the company said, “Since the end of 2013, we have improved our capital structure by reducing long-term debt by almost $400 million while reinvesting in the company.”
     
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