slipperysleuth
Tornadicthermalcyclogenesis, sorta..
- Credits
- 105
TF our OR is what ever YRC wants to say it is. Holland has to "give" YRC between $800,00.00 to $1,000,000.00 per week, so if you figured that amount of money in to the Holland/YRC Regional OR, I'd say it would make quite a difference. I'm sure NP and Reddaway are also getting their arms twisted a little too.
i would like to see some documentation that we pay YRC that much. Thats hard to believe...
Every time we have asked the question about paying YRCW a million a week of superiors from the head of HR when he was touring to our regional VP now TM, to the president of Holland (yep he stopped in too and actually talked to the guys without any other superiors present ) they all said "I don't know the exact figure but that's probably about right".
To me that kills an OR. But they can take what they want, they own the company, they can do what they want with it. At least for now.
newpenn pays 3.2 or 3.5 % right off the P&L (profit loss statement) then yrcw takes all the profits and gives back to newpenn what they want to for newpenn to operate!!!! its BS..
The 800 thousand bucks per week that USF pays to YRCW is old news. When they closed down our administrative offices, to "streamline", they started the 800 thousand per week charge. It is documented, and has been verified.i would like to see some documentation that we pay YRC that much. That's hard to believe...
Just took time to read some of the SEC filings and noticed something I could not find on any other one so far.
Dated 2/20/09, it does state that property's from YRC, USF Reddaway and USF Holland have been sold under a lease-back agreement. Reading those filings is very hard on the eye, plus I don't understand much of the "legalese" wording either.
Finally, the credit agreements have YRCW borrowing from all corners of the earth, Asia, Taiwan, Japan, China, and many European countries as well. Truly a global company, at least as far as credit is concerned.
The 800 thousand bucks per week that USF pays to YRCW is old news. When they closed down our administrative offices, to "streamline", they started the 800 thousand per week charge. It is documented, and has been verified.
HUH!!!!:knockout:The FBI keeps our country secure, actually it should be more than 75M. IMO.
Everyone is entitled to their opinion. I am all for the proper funding of all departments. However, this is an economic stimulus package. Not a "grow the govt. package." When the country is in financial crisis, that is not the time to be spending unnecessary money. This is a time for the govt. to tighten their belt. And this pork package is a huge waste of money. These extra expenses, should be put off until we are out of this financial crisis, in my opinion. This stimulus package is advertised as "job creation". And I don't see the jobs being produced.The FBI keeps our country secure, actually it should be more than 75M. IMO.