New Penn | Closing Corp Office?

Well said.these people are clueless.Lets take the 2 most well run company s and sit back and watch them get run into the ground.Only thing that makes any since is this was the plan all along.Yellow should have never been allowed to buy all these company's .Company's that made a lot of money!Now we own nothing .We pay rent for terminals we once owned.
 
Well said.these people are clueless.Lets take the 2 most well run company s and sit back and watch them get run into the ground.Only thing that makes any since is this was the plan all along.Yellow should have never been allowed to buy all these company's .Company's that made a lot of money!Now we own nothing .We pay rent for terminals we once owned.
Dereguation made the industry and nation stupid. It spoiled the already spoiled. and wrecked everybody else.
 
The shareholders have a big class action lawsuit against YRC for mismanagement. It basically says the executives have been enriching themselves at the expense of every one else including workers and the shareholders. So this is being driven by the shareholders. Unfortunately I don’t think Yrc executives have any idea how to make this work but they’re going to try anyway. My opinion is this will be Yrc’s last fiasco and probably put us out of business in 3-4 years
 
The shareholders have a big class action lawsuit against YRC for mismanagement. It basically says the executives have been enriching themselves at the expense of every one else including workers and the shareholders. So this is being driven by the shareholders. Unfortunately I don’t think Yrc executives have any idea how to make this work but they’re going to try anyway. My opinion is this will be Yrc’s last fiasco and probably put us out of business in 3-4 years
The shareholders/stockholders should hang those bastards out to dry.
 
None can handle it. Driver shortage everywhere. Not just here. The comp is not worth the responsibility, consumption and expectations on time, nor the toll on the body........if deregulation hadn't occurred it would be better for our end......not the carriers....as you are concerned with.

You may have missed ODFL's financial reports. Not in debt like others, operating well, world class service, safe clean equipment. There are quite a few other very good carriers as well. The old line carriers cannot handle the new world they have to compete in.
It happens in every industry, the weak die off and the new strong companies emerge. That is just the way it works...
While I was not a fan of deregulation, in the end it made good carriers better and weak carriers die off...
 
You may have missed ODFL's financial reports. Not in debt like others, operating well, world class service, safe clean equipment. There are quite a few other very good carriers as well. The old line carriers cannot handle the new world they have to compete in.
It happens in every industry, the weak die off and the new strong companies emerge. That is just the way it works...
While I was not a fan of deregulation, in the end it made good carriers better and weak carriers die off...
 
The strong?deregulation benifetted non-union carrier s the most with cheap freight rates.This was the reason most union carriers went out of business.Some didn't pay overtime some have crappy insurance it was a competitive advantage .And it is the main reason that most of the union carriers went out of business since 1980.IT is the single most reason for the pension problems we have today.It resulted in 10,000 employer s not contributing to the central states pension fund anymore.After deregulation in 1980 there were 40,000 New licenced motor carriers by 1990.And most of them if not all were non-union.
 
The strong?deregulation benifetted non-union carrier s the most with cheap freight rates.This was the reason most union carriers went out of business.Some didn't pay overtime some have crappy insurance it was a competitive advantage .And it is the main reason that most of the union carriers went out of business since 1980.IT is the single most reason for the pension problems we have today.It resulted in 10,000 employer s not contributing to the central states pension fund anymore.After deregulation in 1980 there were 40,000 New licenced motor carriers by 1990.And most of them if not all were non-union.
Thanks Jimmy Carter! So many out here don't understand how deregulation went down and how much it had to do with the mess we have now . Low wages for many, essentially sweatshops on wheels for many truckload operations, loss of benefits, etc , etc. deregulation was a race to the bottom and the drivers suffered the most .

I'm not a fan of big government , but this was one area that was a poster child for the saying of "if it ain't broke, don't fix it ".

Deregulation destroyed many strong companies by lowering the barrier to entry to allow weak smalltime carriers to slit the throats of competition for a penny. It is exactly the opposite of what was described above. Deregulation's end result is the garbage , no account, disrespective, unprofessional, dangerous, conditions we see on the road today in terms of steering wheel holders.
 
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You may have missed ODFL's financial reports. Not in debt like others, operating well, world class service, safe clean equipment. There are quite a few other very good carriers as well. The old line carriers cannot handle the new world they have to compete in.
It happens in every industry, the weak die off and the new strong companies emerge. That is just the way it works...
While I was not a fan of deregulation, in the end it made good carriers better and weak carriers die off...
Hello brothers and sisters in, let me tell you something, there is not such a better LTL company, OD, Estes, XPO and others, their management don't run the companies better than our management, their supervisor force are equal or worse about LTL operationst trucking, the reason this companies show profits every time is because they are better on how they screw, abuse, harrase their employees.
26, 28 bucks/hr. is just a fake impression.
 
Got the packing container containers ready for the move !
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The strong?deregulation benifetted non-union carrier s the most with cheap freight rates.This was the reason most union carriers went out of business.Some didn't pay overtime some have crappy insurance it was a competitive advantage .And it is the main reason that most of the union carriers went out of business since 1980.IT is the single most reason for the pension problems we have today.It resulted in 10,000 employer s not contributing to the central states pension fund anymore.After deregulation in 1980 there were 40,000 New licenced motor carriers by 1990.And most of them if not all were non-union.
Is that why YRC is the cheapest LTL carrier in business today or why yellow invented the LTL discount...
Union jobs closed down because of work rules, New Penn was able to get some leeway and made $$$ until all the brains running the place left.... Today they have many of the same drives and it is a disaster..
You are correct union carriers needed regulation to keep price fixing. They cannot compete with well run operations like FedEx Freight and ODFL....
 
Is that why YRC is the cheapest LTL carrier in business today or why yellow invented the LTL discount...
Union jobs closed down because of work rules, New Penn was able to get some leeway and made $$$ until all the brains running the place left.... Today they have many of the same drives and it is a disaster..
You are correct union carriers needed regulation to keep price fixing. They cannot compete with well run operations like FedEx Freight and ODFL....
You are comparing apples to oranges. The reason the nons are cleaning the clocks of the unions over the years is that the union LTL' s have significantly higher labor cost. There is not one non union carrier that is even in the same ballpark in terms of benefits that the Teamsters had negotiated for their members. The government changed the playing field and the rules with deregulation to the detriment of us, the drivers. If the non unions had not been allowed to initiate a race to the bottom in 1980, we would alll be further ahead. Every non union carrier, LTL and TL,is responsible for cratering wages and setting us back in terms of compensation. And before you accuse me of being a union shill, I work for a non union now but was a Teamster when I started out . What you perceive as operating expertise is a product of an imbalance in overhead. If I could wave a magic wand and make deregulation disappear, I would in a heartbeat. The government pulling the rug from under the union LTL 's of yore led to their demise, not operating ineffeciencies.
 
It's just a corporate office. If I remember correctly they closed the Frieght terminal many years ago. Work went to Camp Hill and Reading.
I live 'bout 6 miles from it. Wonder if yellow will sell me one of those macks in front. The property will most likely be sold to keep the cancer afloat.:violin:
 
Is that why YRC is the cheapest LTL carrier in business today or why yellow invented the LTL discount...
Union jobs closed down because of work rules, New Penn was able to get some leeway and made $$$ until all the brains running the place left.... Today they have many of the same drives and it is a disaster..
You are correct union carriers needed regulation to keep price fixing. They cannot compete with well run operations like FedEx Freight and ODFL....
 
Union jobs closed down because deregulation was enacted to destroy unionized trucking.If it were not alot of those company's would still be around today.As far as fed ex and od those company's their insurance sucks ask their drivers.Most don't get any overtime at all.Why can't they pay overtime after 40?if they are so profitable.Yes they make 29 a hr but no ot.As far as yellows discounts I'm sure fed ex and od have their discount also.The difference is they are debt free,like New Penn and holland use to be before yellow.Yrc sucks the profits out of new penn and Holland to pay off their debt.I agree with you it is a mess now clowns are running the place.The shareholders need to demand change.
 
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