How do you figure this? Con-Way made 22 million profit in the third quarter even with cut throat prices. Yellow lost 160 million...who is choking to death?

Con-way has very few lenders and the cash to pay them when due...Yellow ???

Stock prices Con-Way was at just under 30 around noon today....Yellow not even in the ballpark.

Con-Way is giving back 2.5% of the 5% wage cut taken by employees this spring....Yellow????

Yes your competitors (every other trucking company) is taking a run at you, but I don't see where we are well on our way to choking ourselves.

I hope that your new deal will allow you to survive and keep so many people working as no hard working person deserves to be laid off due to poor management. But from what I see we are far from choking to death.

not for nothing but YRC has been losing money for 10 or 11 quarters haven't they? Sure the economy is bad but if Yellow had not been sadled with the debt of buying Roadway and Holland they would not be in the predicament they are in now. This shrink to grow philosophy is crap when you have nearly 2 billion in debt that you can't even pay the interest on.

. . . and the economy is still struggling, and most companies are still seeing historically low freight levels. I notice how you "conveniently" keep leaving that information out.

It's not hard to understand that Zollars and co. are betting on the rise in freight that should accompany a recovery to raise the bottom line.

Even the companies who are profitable right now aren't making much compared to the last two years.

I'm 100% sure that you expect YRCW's competitors to be making more money when the economy and freight levels improve, yet somehow your vision is clowdy as to us making any money at all at that time.

For many of us in this forum, that's controversial !

If you were dropping your controversial opinions on the non-union forums without your profile filled out, you would be kicked out quickly. Somehow YRC's forum has different rules! We have enough people who currently work (or are laid off from here) that post stuff like that. We don't need guys who have never collected a paycheck from YRCW trolling through with their so-called "insights." There are guys on the NEMF forum who want to know who they are dealing with too! It's a simple courtesy to fill out your profile and something that arouses suspicion if it's not done.

Ok the economy is struggling.noooooooooo way..u got me thats the obvious....heres another obvious point yellow, roadway new penn and holland were all selling against each other for years..they were in their own personal price wars ..u go to a customer and they used each carrier..until recently they were forced to combine yellow and roadway,but new penn and holland still is taking freight.cmon now stupid is what stupid does...u have no idea who i am where i work now..i'm more a supporter of keeping the profitable entities seperate of the yrc debacle...meaning spinning off new penn and holland.heck they are the only ones making money..

great idea, when you recover from the effects of your anesthesia, tells us who pays off the loan on that if they they were actually dumb enough to do that

Let's put this in terms you might be able to understand. Yellow is like the road driver who was running a big mile run with all the dock work he can handle. He's grossing $100k a year and decides to buy a $400,000 house and a new King Ranch (read Roadway and Holland). Suddenly the economy throws him a curveball and he finds himself making just $60k and cannot afford to make the payments. Do you blame the economy or do you blame it on his poor decision to over-extend himself with too much debt? Other companies mentioned do not carry the same level of debt and are posting profits because they have already paid for what they own. That is where the 'poor management' comments come from and it's founded in facts, not opinions. Surely no one would dispute that the debt is the issue here. Just Google YRC and all you will read about is their debt.

The one question I have with the debt exchange is that it seems like the union brothers who have already given so much are the ones who are really taking it in rear. They are the ones who are out doing the work that generates the revenue and have agreed to give back over 33% of their pay package in exchange for an ownership stake in the company. They've basically agreed to give the company some $2B over time and it seems like the debt holders are going to get 95% of the company in exchange for $500M. What am I missing? If this is the case, what incentive does any Teamster have in continuing to work for this company? Seems to me like Zollars knew that this was planned during the negotiations and basically offered up a BS deal that he knew wouldn't be worth anything once his full plan was realized.

But I don't work there and I guess I don't have a dog in this fight. Good luck to all of you that do and I hope all turns out well for you, but I cannot see how it possibly can. You'd almost be better off if they pulled the plug and you started over somewhere else.