Yrc
Honestly, I thought they were goners a while back but they are selling assests for daily expenses and there is not much left. No turn-around insight yet so I guess the end is near. YRC has very little capital left and they are burning 1.5 million a day. If the Union gives another 5% wage cut and no pension contribution, it isn't enough to get them through. I gotta give them credit for trying. It never made sense for Yellow to buy Roadway and just compete against itself with all that duplicity in every city and town. I hope that Reddaway can pull away from this disaster before YRC sucks them down with them. Trucking is a cut-throat business.
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