Hard to believe just 3 years ago...
We were making close to $1 million a day in profits, and getting raises each year, moving freight at a premium price, had far fewer claims, and we did it with fewer employees than we have now. Now we have more freight than ever, more employees than ever, and without the employee takeaways (5%, Vac, 401K, etc) we are losing money.
The employee givebacks as stated on the investor conference call are between $10 to $15 million a month, and the video said we made $22 million in the quarter. What happened to the other at least $8 million we employees gave this quarter?
Does anyone here really believe we will ever see a 91 OR quarter again? I don't. You cannot blame all this on the economy either, we did not have to grow at all costs and give our hard earned pricing premium away trying to get YRC to fold and in the process pay the invoices on those 800+ rented trailers out there.
I do not understand the game plan for going forward because it does not seem like we have one. The values are gone, no sense of teamwork, this is just a job. Nothing more.
It did not used to be this way.
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