My Take...YRC Conference Call

[Chicago Roadway]

operating ratios yfs 100 roadway 100usf holland 108 new penn 89 reddaway same as holland not to good t.k.scanlon stl city

where did those numbers come from???

[bubbadog121]

All that being said, it almost seems like a drastic gamble..pushing all our chips in the pot and gambling that we deliver on our promise of .30 to .40 cents per share knowing the economy seems to be getting worse every week. If we fail to meet make it my guess is YRC will get ripped to pcs by the market..

You hit the nail on the head there!!!

[bubbadog121]

it's good to see even under the yrc umbrella new penn still stays under 90

Zollars once described New Penn as "Bullet Proof"!
I suspect they may have learned from them and that's why they scaled back Holland.

[Vwaggs]

YRC Worldwide Inc. Q1 2008 Earnings Call Transcript - Seeking Alpha

<SNIP>

Ed Wolf - Wolf Research

And how about on the trailer side?

William D. Zollars

About 10. I'm getting 10 from a couple people, so that must be about right.

Ed Wolf - Wolf Research

One last one, the Teamster contract, you talked a couple of times and it's in your release, about improved flexibility, you talked about it with the truckload side. There are also some increase costs on the pension side particularly. That went into effect when, on April 1 or it should have a lag versus some of the other costs of the contract?

William D. Zollars

Yes, that kicks in, I believe, in August, doesn't it Mike?

Michael J. Smid

August 1. The hourly and per-mile increases kick in April 1, and then the benefits increases kick in August 1.

Ed Wolf - Wolf Research

And what are those two increases, what's the April 1 increase and then what's the August 1 increase?

Michael J. Smid

In terms of percent?

Ed Wolf - Wolf Research

Yes, percent would be helpful.

Michael J. Smid

I believe it's about 1.9% that kicked in April 1, and the total was about 3.8, 3.9 and so it was about, let's see, about 2% on the same basis as the 1.9% that was stated.

Ed Wolf - Wolf Research

Okay, so it's a higher number but on a smaller number because pension's not as much as wages. But when you do it as points, it all adds up to about 3.8?

Michael J. Smid

It's a higher percentage increase on the benefits, but against a lower number. Given the same terms, that's about -

William D. Zollars

And just to remind everybody, there is a cap on the benefits side of this which is important in the sense that there's no additional liability regardless of what happens to the pension funds over the next five years.

William D. Zollars

I think that was our last call, so again, thanks for listening and we'll talk to you at the end of the second quarter.


See what I mean, he did say one last question, which led into several more. At the end though Zollars decided to end the conversation, point blank, without asking if that satisfied his questions and direction.

[bubbadog121]

YRC Worldwide Inc. Q1 2008 Earnings Call Transcript - Seeking Alpha

<SNIP>

Ed Wolf - Wolf Research

And how about on the trailer side?

William D. Zollars

About 10. I'm getting 10 from a couple people, so that must be about right.

Ed Wolf - Wolf Research

One last one, the Teamster contract, you talked a couple of times and it's in your release, about improved flexibility, you talked about it with the truckload side. There are also some increase costs on the pension side particularly. That went into effect when, on April 1 or it should have a lag versus some of the other costs of the contract?

William D. Zollars

Yes, that kicks in, I believe, in August, doesn't it Mike?

Michael J. Smid

August 1. The hourly and per-mile increases kick in April 1, and then the benefits increases kick in August 1.

Ed Wolf - Wolf Research

And what are those two increases, what's the April 1 increase and then what's the August 1 increase?

Michael J. Smid

In terms of percent?

Ed Wolf - Wolf Research

Yes, percent would be helpful.

Michael J. Smid

I believe it's about 1.9&#37; that kicked in April 1, and the total was about 3.8, 3.9 and so it was about, let's see, about 2% on the same basis as the 1.9% that was stated.

Ed Wolf - Wolf Research

Okay, so it's a higher number but on a smaller number because pension's not as much as wages. But when you do it as points, it all adds up to about 3.8?

Michael J. Smid

It's a higher percentage increase on the benefits, but against a lower number. Given the same terms, that's about -

William D. Zollars

And just to remind everybody, there is a cap on the benefits side of this which is important in the sense that there's no additional liability regardless of what happens to the pension funds over the next five years.

William D. Zollars

I think that was our last call, so again, thanks for listening and we'll talk to you at the end of the second quarter.


See what I mean, he did say one last question, which led into several more. At the end though Zollars decided to end the conversation, point blank, without asking if that satisfied his questions and direction.

Wow!
I went back and listened to the replay and it has a completly different ending???
What is up with that?
Give a listen at YRC's web site they still have the recording up there.
This should take you there:
YRC Worldwide- Event Details

[pj2004]

It's hard to say.
The thing that kinda dissapointed me was my hope for a take over.If the stocks stay up then Zollars just cost any prospective buyer big $$$$!

Here's an interesting article.

YRC Worldwide: Long-Term Investors Could Still Get In On The Bottom - Seeking Alpha

[bubbadog121]

Here's an interesting article.

YRC Worldwide: Long-Term Investors Could Still Get In On The Bottom - Seeking Alpha

That was a good article.
Thanks PJ

[bubbadog121]

Here's an interesting article.

YRC Worldwide: Long-Term Investors Could Still Get In On The Bottom - Seeking Alpha

Ya know, I got to thinking that it would be an easier sell to share holders if there were a brighter future for YRC.
So, maybe not such a bad move after all?

[t-scan]

chicago roadway i got the numbers from pot holes in the road on our site yellow freight on the truckingboards.com t.k.scanlon stl yfs