My hand me down Volvo will only be 16 then.I would say there is a 98% chance that YRCW will be in business in the spring of 2020
When the contract was being negotiated, the Teamsters said YRCW will close by May 31st 2019 if the contract is rejected, and will close by 2022 if accepted. The stock market appears to believe YRCW can’t afford the latest contract. But then, I thought they would’ve closed in 2010, and every week since- so, what do I know????if Vegas gave odds on yrc staying in business till spring what do you think they would be?
I don’t know about the re-financing BUT there was a gentlemen at one of the New Penn terminals taking pictures and when asked he said he worked for the bank and was just going through procedures because they were re financing their mortgages since the rates dropped, he said they would save a bundle by doing it and was surprised that they didn’t do it a year ago.does anyone think if they get new financing it will help? I know it’s always slow after a holiday but it’s been slow for the last month. Not even sure there is a reason for anyone to be working weekends but they still do
Are you sure it wasn't pictures for the bankruptcy foreclosure auction?I don’t know about the re-financing BUT there was a gentlemen at one of the New Penn terminals taking pictures and when asked he said he worked for the bank and was just going through procedures because they were re financing their mortgages since the rates dropped, he said they would save a bundle by doing it and was surprised that they didn’t do it a year ago.
Not sure of anything, only know what the guy said.Are you sure it wasn't pictures for the bankruptcy foreclosure auction?
they said in the conference call they were in the process of refinancing.I don’t know about the re-financing BUT there was a gentlemen at one of the New Penn terminals taking pictures and when asked he said he worked for the bank and was just going through procedures because they were re financing their mortgages since the rates dropped, he said they would save a bundle by doing it and was surprised that they didn’t do it a year ago.
they said in the conference call they were in the process of refinancing.
Everyone has been slow. ABF Fed ex upsdoes anyone think if they get new financing it will help? I know it’s always slow after a holiday but it’s been slow for the last month. Not even sure there is a reason for anyone to be working weekends but they still do
YRC can't afford to to be slow.Everyone has been slow. ABF Fed ex ups
Lol.....YRC can't afford to to be slow.
They've been dying a slow death for 11 plus years.
Pete and repeat.
My opinion is is squat but it's if they don't do some major changes the final nail may be delivered soon.
What do I know? Not much.
As I've mentioned before I don't know why or how they have made it as far as they have.. Management is just flat out incompetent.
The only thing I can think of is because of the people that do "work" there. I quoted work because I do mean "work". Those who know and don't need to be told what to do. Experienced people. When they lose the majority of those men and women and are left with some of these goofballs they hire that couldn't light a match in a well lit room they will be in trouble. It's coming because we are leaving.
Sorry. Turned into a rant! But in my opinion it's true.
The new guys don't catch on. It's not rocket science although you would think it was with some of these new guys.
(break time yet?)