Stifel: YRC may miss debt covenant marks, but it may not matter - Kansas City Business Journal Ok so how does YRC keep missing debt deal coventants , when we are swamped with freight to haul ?? well lets all hope & pray they don't have to go back to lenders and ask for a new deal ,cause we all know what the next step is, and what they will be asking for $$$$$ guess the real question here is WHY can't YRC learn how to manage money ???
Holland | YRC may missed debt coventants , per Kansas City Journal ?
- Thread starter wongway
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Northern Flash
Today's Democrats are similar to Commies.
- Credits
- 409
Bend over Bro.
No payments on covenants, no new equipment, no upkeep of present equipment. All of this with 15% giveback, 75% pension cut! and all that was given in January. At some point the Union has to step up and confront YRC leadership with some hard questions. The members need to let them understand that at some point, that is what their union dues are for ( representation ). The union has stood by since 2008 and let YRC do as they please with contracts and not fought for the employees (until the second vote last January ). This ship is totally out of control.