Discussion in 'XPO Logistics' started by walken1414, Feb 28, 2011.
Dont know what this means but does not sound good.
UPDATE 3-YRC lenders to take substantial equity in trucker | Reuters
Looks like their restructuring things again.
Is this going to work, or are they just shuffling deck chairs on the titanic?
I didn't expect them to last this long, but somehow they are keeping afloat.
How long can a company stay in business with their stock at $3.50?
And keep in mind, this is after the share juggling, so it is technically $1.75.
I never like to see any company fail, but sometimes it's the best thing for everyone.
Maybe I have a mental issue, cause I want to see them succeed and fail at the same time...
Just Gloat a little More!!
We're busy enough at my S.C. already and knowing our company as I do, I figure they will try to get a piece of YRC's pie if they go under. There are only so many working hours in a day.
I don't think YRCW has a very big piece of the pie anymore.
yeah, the pie is a lot smaller and well, I don't want to see our business suffer by biting off more pie than we can chew.
Their stock finished at 2.37 today. Been looking to see how much of the market share yrc has right now.
Even though their pie is alot smaller than it once was, they still have a big piece of it none the less.
I guess that is my struggle over the whole issue, while I would love to see an increase in business in the areas that we still need help, I don't want it at the expense of the areas that are already overloaded.
Not to mention that I know a few guys over there and would hate to see them lose what they have left.
They average about 44,000 shipments per day. That's excluding Holland and New Penn.
I'm more disturbed by that ugly new logo they have. Looks like they asked for design assistance from Mrs. Crabapple's first grade art class.
Was trading really halted or was there just announcement of the restructuring?