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Yellow | YRCW 3qtr Results

Kennesaw Kid said:
Speaking of math . .....where is that $712K Tyson said we are to be paid due to the rail formula being violated?.....KK
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So Jamie in essence says that the company is going to run it how they want it anyway.Even if he knows it violates the 2014 MOU.We still waiting on our violation money
 
Freightmaster1 said:
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You mean the "fuzzy math" KK?

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Relax KK! You're check's in the mail!
:chairshot:
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Figures don't lie...
But liars can figure!!
 
Freightmaster1 said:
Speaking of PTS and Rail (from the conference call)...

Jeff Kauffman

Hi, guys. How are you? You address my -- I had one question on rent and PT. I was just surprised it was up so much and I think you are attributing most of that to the shortage of drivers that you had. Was there anything else that was driving that up?

Jamie Pierson

Yes. So the two pieces of this equation, Jeff, one, that's where we fit our conditional over the road cartridge in rail but we also, yes we could, our operating lease expense as we kind of consolidated the results. So this is a strange quarter where we've seen some increases in traditional PT the way the most people look at it. But we've also continue to see an increase in the operating lease expense as we continue to take on new equipment. But that hasn't probably changed in a last year or two. And I don't anticipate it to change in the foreseeable future either.

Jeff Kauffman

Okay. And that also where you have the inter model PT correct?

Jamie Pierson

Yes.

Jeff Kauffman

Okay. What are the trends in that?

James Welch

We have a math we can use for our contract with them, we can use 26% of our road miles via rail and our purchase transportation and we can over the road purchase transportation and we can exceed over the road purchase transportation of more than 6%. So it depends on how we want to run our inter modal and over the road purchase transportation operations depending on time of year, time of month, time of week et cetera.
:duh:
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Hey Freight.. is the last paragraph word for word from Welch? Or have I had too much to drink???
 
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And what about Jamie's "EMAIL'S" ??? Wouldn't they be very interesting to read when he talks about the funny Qrt. number's , that he show's the union at contract time ????:chairshot:
 
Freightmaster1 said:
http://seekingalpha.com/article/401...g23:d861d7e473c34d146f8b447094a3b3c9&uprof=51
Darren Hawkins

Thanks Jamie. And good afternoon, everyone. YRC Freight delivered Q3 2016 adjusted EBITDA results that were in line with Q3 2015 as we continue to work through the sluggish economic environment. While shipments were down for the quarter, our weight per shipments was up and our year-over-year declines in tonnage per day continue to moderate sequentially. Solid cost controls along with improvements in productivity and yield enabled us to improve our profitability levels even with the lower tonnage and contractual wage and benefit increases.

Operational highlight in Q3 included, first, YRC Freight's new accelerated service that continues to meet our expectations while our standard service remain a staple in the marketplace for linehaul economy service. Customers have embraced our fast track accelerated service, and we believe it to be an important part of service portfolio going forward.

From an efficiency standpoint, the YRC Freight operations team delivered year-over-year improvement in doc, city pickup and delivery, office operations and at linehaul load average metrics for the second consecutive quarter. These improvements help to partially offset higher wage and healthcare cost for our union employees. We also continue to benefit from improved maintenance expense and fuel efficiency from the ongoing upgrade to our fleet.

On the investment front, technology and change management work continues in our two largest cost buckets which are linehaul and pickup and delivery operations. Benefits from these investments were come in phases during the rest of the year and throughout 2017 with linehaul project being further along at this point.





As James mentioned, we have begun piloting our new pickup and delivery route optimization solution. The software from Quintiq will allow us to optimize trailer loading and route sequencing by interfacing dispatch with the doc to help prioritize how trailers should be loaded based on the order that the freight needs to be delivered. This termination of the loading sequence impacts how the trailer will be unloaded. It will also help us know when we have pickups throughout the day that they get called in at the last minute and who is the closest driver that has capacity on their trailer to pickup that freight on the most timely basis.


Over time, we are confident that this should help up increase our stops per day decrease our miles per trip and enhance our customer experience. The final operational highlight that I want to mention is we were also very pleased to make an investment that will benefit both our customers and YRC Freight. We opened our 259 terminal in the South Atlanta City of Conley, Georgia. It is a 75 door facility that has over 80 employees. This facility should allow us to strengthen our customer service and in around the congested Atlanta area in a cost effective manner. And as a good example of our ability to strategically grow and invest in our company when we identify the right opportunity.

I would like to thank all of our employees at YRC Freight for their continued efforts to improve our results and enhance our award winning customer experience. They have the right attitude about being safe, being reliable and making it difference for themselves, our customers and our communities.

Thanks for your time this afternoon. We would now be happy to answer any questions that you may have.
:poke:
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Uum yes i have a question. Are you still planning BK in 2019 and blaming your workforce for it?
 
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