YRC Worldwide-Could Further Consolidation Lead To A Buyout By UPS?

Discussion in 'YRC Freight' started by Freightmaster1, Jul 4, 2016.

  1. vongrimmenstein

    vongrimmenstein Well-Known Member

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    You nailed. Out of business & pick up the cherry accounts that aren't discounted. And it doesn't cost them a dime in merger or pension costs. The shippers have 2 choices. Use Ups or go somewhere else. Ups has been in business for over 100 years. They didn't last all that time by moving freight @ prices that didn't support their expenses & profit margins. In a year after YRC closing it is a new name on the door with new contracts regardless of pricing. Someone has to haul it. von.
     
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  2. Triplex

    Triplex Experienced stalker

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    I could be wrong but I don't think moving freight is all that profitable for UPS. Parcel is totally different from freight.
     
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  3. jimmy g

    jimmy g Kook

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    P T Barnum: 'There's a sucker born every minute!'
     
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  4. 616jimmy

    616jimmy Well-Known Member

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    Dream on!
     
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  5. wongway

    wongway -15% Pay & Broke Pension Fund

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    Question here so WHEN is ups freight going to make money or grow ?? at the few ups freight barns that did open in our area ,still has not grown or added Driver's and still drives the old junk overnite trucks ? won't be surprised if they shut down the freight division soon !!
     
  6. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    [​IMG]
    Not exactly sure what the 4th quarter charge for mark to market pension charge is partner,but UPS is still learning as far as ltl freight. But don't worry,they will be a huge force in years to come..
     
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  7. wongway

    wongway -15% Pay & Broke Pension Fund

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    Lost $136-K ?? wow . maybe Welch was doing the books ??
     
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  8. GaffneyRddriver

    GaffneyRddriver Member

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    We have basically an entire fleet of new trucks at my terminal including sleepers. Not one single overnite trailer on the yard. Still to much freight hauled my contractors.
     
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  9. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    The contractor part is sadly, here to stay,with all of the LTL's.. And in the near future watch for 33 ft pups,longer vans, and more on the rails... America's highway infrastructure is not ready for all the self driving cars,and trucks yet....
     
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  10. bigtruk_us

    bigtruk_us Well-Known Member

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    179million dollar profit
     
  11. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    Yes,but still 179million profit for the year. Will be a cash cow in years to come...
     
  12. hugnlug

    hugnlug Active Member

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    UPS Supply Chain & Freight Building Momentum as Operating Profit Jumps 22% on 13% Revenue Growth!
    Working at UPSF I can tell you this as fact. They are the turtle when it comes to doing anything. They will study, analyze, pull something apart ten thousand times and put it back together again before they do anything. They will use junk equipment until there is absolutely no use for it. Then one day you'll see all new trucks and trailers roll in. Expansion is the same way. The buildings are full to capacity and they will use scabs to get rid of excess freight before adding another route. Same thing when it comes to linehaul. The company uses scabs instead of our fellow Teamsters because its cheaper. Our weak IBT talks a great game how they are going to fix it, but never do because UPS has them in their back pocket. This company trips over millions sometimes to make pennies but they always make money.
    Will UPS buy YRC? I wouldn't bet on it, the mess they bought when it bought Overnite taught them a lesson. Why buy more headaches of merger? If and when YRC folds, UPS will scoop up what they think is of benefit to them, buildings, drivers and accounts and let the other carriers pick through the chafe. But then again, I'm just a piece of meat that fits the seat.


     
  13. wongway

    wongway -15% Pay & Broke Pension Fund

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    Confused here ,HOW do lose $136-K and still make $179-K ?? is Jamie doing the books for them ??
     
  14. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    For the year they made money partner. The pension charge in the 4th quarter made them lose money in the 4th q only...
     
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  15. trucknfool

    trucknfool Well-Known Member

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    UPS has a Freight Division just to complete their Portfolio.
     
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  16. SuperCourse

    SuperCourse WHO IS JOHN GALT?

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    :biglaugh:
     
  17. troubleman84

    troubleman84 Well-Known Member

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    UPS and FedEx do what other freight carriers can't do. Sell another side of the business at discounted rate for more packages I ran into that a lot when I was a city man
     
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  18. clydesdale

    clydesdale Active Member

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    you could cut and slash every where!!! if you ran this place as one company... instead of a corporation over looking four companies...all doing the same type of work
     
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  19. derelict

    derelict Active Member

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    UPS will never buy YRC, PLEASE DELETE THIS THREAD.
     
  20. Elwood

    Elwood Question Authority

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    Not that I am optimistic or unrealistic, but that whole 'never' thing is a slippery slope!
    ( and I'm a realist about the possibility and probability! )
     

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