YRC must think this is a game of Monopoly

Discussion in 'Estes Express Lines' started by Doughboy248, May 10, 2013.

  1. Doughboy248

    Doughboy248 New Member

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  2. a9faninnc

    a9faninnc Super Moderator Staff Member

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    Well,its on them.However,buying out Roadway and the regionals almost put them under.Seems they would have learned from that,but what do I know,im just a dumb truckdriver.
     
  3. Starkravinloon

    Starkravinloon Hero's Falling At Home

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    Yeah, when they bought Roadway they absorbed their debt also, and that was probably 1/3 of the purchase price.. ABF probably has less debt than Roadway ever did, so it would be more financially sound... But if I were YRC, I would remain on my journey and make my company stronger...
     
  4. logan1210

    logan1210 Member

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    hoffa knew whats was going on time to strike
     
  5. mildew

    mildew Super Moderator Staff Member

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    Smart thinking. Max out your credit cards then get another credit card to buy another business with maxed out cards.
    I know we did it with GI trucking but the only difference is, our cards had "0" balance before the acquisition.
     
  6. Starkravinloon

    Starkravinloon Hero's Falling At Home

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    That wasn't the way it really went down, was it? LOL
     
  7. mildew

    mildew Super Moderator Staff Member

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    I scooted my chair up to the front a long time ago. It's a soap opera on wheels. I give it 5 stars for best picture and entertainment. :couch:
     
  8. Cab Lizzard

    Cab Lizzard Well-Known Member

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    Ya think Rob may be interested in some YRC/ ABF property ?
     
  9. mildew

    mildew Super Moderator Staff Member

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    :biglaugh: I think he's kicked back enjoying the show. At least his son should be. Probably has it blown up on the big screen.
     
  10. a9faninnc

    a9faninnc Super Moderator Staff Member

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    YRC would be crazy to even attempt it.A double dip recession with all of that debt would probably be bad for all involved.Probably a gimmick to use for somebodys advantage.
     
  11. bandit 1

    bandit 1 Member

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    Rob better be worried about the expensive repair bills when the "maxi pads" run out of warranty
     
  12. Illuminati

    Illuminati Member

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    Sure got the stock price to spike though. Be curious to see just who sold large sums of yrc stock following this supposed leak of information.
     
  13. a9faninnc

    a9faninnc Super Moderator Staff Member

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    Pulling 40k cross the WV turnpike is pityful with these trucks.Anything over 20k seems like 40.
     
  14. Starkravinloon

    Starkravinloon Hero's Falling At Home

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    I sent my truck in for service, 1st part of this week.. I have 148,000 on my "maxi pad" and so far has done well.. But, I had the tread on my rear tires wearing thin and ask for replacements.. They did.............. On the passenger side only..... With recaps.....LMAO... Damnedest thing I've ever seen....
     
  15. shifty

    shifty Member

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    get used to it. they will step over dollers to pick up pennies. getting trucks fixed anymore is like pulling teeth
     
  16. Stoney

    Stoney Well-Known Member

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    I could be wrong, but when I worked for Big R, I was under the assumption that they were debt free.
     
  17. FLYINGBY

    FLYINGBY Member

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    I would say we are having some major equipment issues these days, we got more trucks with 800, 000 or more all over the yard, and breaking down constantly...
     
  18. Starkravinloon

    Starkravinloon Hero's Falling At Home

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    They had debt, but not like American Freightways... All companies have a certain amount of debt, no getting around it... I was told that when Fred bought AF, they had over 300 million in debt.... Hell, we have debt, and we were considered the most debt free freight line in the business at one time...
     
  19. Starkravinloon

    Starkravinloon Hero's Falling At Home

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    I was told by my TM that, that was discussed in Memphis last week and would be corrected..... I guess they are going to buy another crop of them...
     
  20. a9faninnc

    a9faninnc Super Moderator Staff Member

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    My linehaul truck has 821k miles on it.As for mechanical failure,it still has no more than some of the new ones.My biggest gripe is the pull,these trucks have never met a hill it liked..
     

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