vongrimmenstein
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If YRC closes the door first of the year what effect would it have on ABF stock? Thanks. von.
It would double.What would happen to YRC stock if ABF closed the doors the first of the year?
It would implode.Or better yet if YRC bought them out?
I was really just being sarcastic....but that's ok! There is no way that YRC is closing the doors the first of the year....it would put way to many guys out of their misery! :DIt would double.
It would implode.
I knew that but, but, but I just had to respond.I was really just being sarcastic....
I believe you. It won't close in January. But with no major holdings & the dismal 1st & second quarter coming for most companies, anything can happening. I believe if YRC goes out it wont be long before ABF Freight does the same. It is all about time in the market place. von.I was really just being sarcastic....but that's ok! There is no way that YRC is closing the doors the first of the year....it would put way to many guys out of their misery! :D
I believe you. It won't close in January. But with no major holdings & the dismal 1st & second quarter coming for most companies, anything can happening. I believe if YRC goes out it wont be long before ABF Freight does the same. It is all about time in the market place. von.
It would make us yrc employees happy.But we can't have happy can we?I was really just being sarcastic....but that's ok! There is no way that YRC is closing the doors the first of the year....it would put way to many guys out of their misery! :D
Someone likes stirringIf YRC closes the door first of the year what effect would it have on ABF stock? Thanks. von.
The rest was editedSomeone likes stirring
That is a rather ignorant statement! YRCW shutting down is not something anyone should find appealing.It would make us yrc employees happy.But we can't have happy can we?
That is a rather ignorant statement! YRCW shutting down is not something anyone should find appealing.
I disagree, there may be many who would find this a bad thing, but I believe there would also be many who would find this a good thing. So to call the statement ignorant is not very accurate in my opinion.That is a rather ignorant statement! YRCW shutting down is not something anyone should find appealing.
Do you seriously believe the closure of YRCW would be good for the industry?I disagree, there may be many who would find this a bad thing, but I believe there would also be many who would find this a good thing. So to call the statement ignorant is not very accurate in my opinion.
I don't think it would be bad for the industry to get one low priced carrier out of the game. I have seen more than one carrier go out of business in my time and thus far not one has made a ripple when it went out. My sympathies would be with those who are right on the cusp of retirement as they would have a hard time replacing their jobs. Historically the industry has absorbed the functioning workforce at an incredible pace. YRC is not only their own worst enemy, they are the worst enemy of all remaining carriers, union and not. i e, I have personally witnessed two instances where YRC went in and cut New Penn's rate (after the acquisitions). Their mindset has been to get the freight regardless of price, sometimes I wonder if they even know what it costs to move their freight. Please don't think that I forget the origin of my 7% concession + less vacation.Do you seriously believe the closure of YRCW would be good for the industry?
If you do, please elaborate.
IMO the sudden availability thousands of highly qualified drivers will only have a downward effect on wages and benefits. You do understand the laws of supply and demand?