Yellow | What a difference a year makes

If I didn't pay any of my bills, my bank account would look a lot better too. But, at some point I have to pay them or go bankrupt. The clock is ticking and we are still not paying our bills. And since the terminals are where the money is either made or lost, and they're still not making changes to their failing business plan, I would say that we are toast.
 
If I didn't pay any of my bills, my bank account would look a lot better too. But, at some point I have to pay them or go bankrupt. The clock is ticking and we are still not paying our bills. And since the terminals are where the money is either made or lost, and they're still not making changes to their failing business plan, I would say that we are toast.

you speak like you have some knowledge of the matter. :coffee1: I think you need a new act
 
If I didn't pay any of my bills, my bank account would look a lot better too. But, at some point I have to pay them or go bankrupt. The clock is ticking and we are still not paying our bills. And since the terminals are where the money is either made or lost, and they're still not making changes to their failing business plan, I would say that we are toast.

you speak like you have some knowledge of the matter. :coffee1: I think you need a new act
Yep. You're right. I DO have first hand knowledge of their failing business plan. I see it every day. How about your view from the couch? Is it more clear than mine?

Speaking of a new act......Keep the clip art coming, we're all impressed.
 
Yep. You're right. I DO have first hand knowledge of their failing business plan. I see it every day. How about your view from the couch? Is it more clear than mine?

Speaking of a new act......Keep the clip art coming, we're all impressed.
for 1 thing a business plan has nothing to do with being buried in debt in a bad economy.
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A lot of big companies are struggling with the same prob. It's about debt management. The merge was doomed from the start. Yellow-Roadway don't mix. Culture clash did as much damage as the merge. :coffee1:
 
Yep. You're right. I DO have first hand knowledge of their failing business plan. I see it every day. How about your view from the couch? Is it more clear than mine?

Speaking of a new act......Keep the clip art coming, we're all impressed.
Why waste your time you know he is never wrong.
 
for 1 thing a business plan has nothing to do with being buried in debt in a bad economy.
Yes, they are buried in debt, and yes a bad economy exists, but you have to admit, that a solid business plan can keep your head above water, even in the worst of times. And since the company has a poor business plan, it has magnified their financial problems.
It's about debt management.
Yes it is. And since the terminals are where the company makes their money (or loses it), the debt can't be managed. Like I've said before......bad business plan = failure.
 
Yes, they are buried in debt, and yes a bad economy exists, but you have to admit, that a solid business plan can keep your head above water, even in the worst of times. And since the company has a poor business plan, it has magnified their financial problems. Yes it is. And since the terminals are where the company makes their money (or loses it), the debt can't be managed. Like I've said before......bad business plan = failure.

It's good to see the man from ABF and the man from Holland know best how to manage and point out failures at the top of YRC. You two are way underpaid. But how solid a business plan do you expect? YRC expects fourth quarter 2010 adjusted EBITDA in excess of $100M.

To say that Zollars caused the collapse and total job loss at YRC is ridiculous.

To say that the #1 and the #2 carriers don't know all there is to know about management is totally ridiculous.

To think that a new CEO could turn things around now or a year ago is ridiculous.


If Zollars was able to keep the Roadway and Yellow brands separate which was the plan the only job loss would have been due to the downturn.

But the economy couldn't support keeping the brands separate. Like I said the merge was the disaster and downfall of YRC, exacerbated by the in-fighting, sabotage and attitudes also known as culture clash. We're talking category 5 debt and crisis management here being the only reason YRC is still operating
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"indeed Jay C..indeed"
 
for 1 thing a business plan has nothing to do with being buried in debt in a bad economy.
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A lot of big companies are struggling with the same prob. It's about debt management. The merge was doomed from the start. Yellow-Roadway don't mix. Culture clash did as much damage as the merge. :coffee1:

The lack of a business plan had nothing to do with it either,huh Joe!!
 
please dont ask joe a question . it seems that rather asked or not , rather involved or not he has all the answers.
unfortunatly most of those answers only make sense to him and he will have clip art to back up his kool-aid induced ideas.
leave the sleeping dog lie with visions of $bill his hero dancing in his head
 
please dont ask joe a question . it seems that rather asked or not , rather involved or not he has all the answers.
unfortunatly most of those answers only make sense to him and he will have clip art to back up his kool-aid induced ideas.
leave the sleeping dog lie with visions of $bill his hero dancing in his head

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I know..it was a tough couple a years for the crew..Bill put you through a lot..the beatings..the travel and such..but you're still working. To what do you attribute that to? I mean you shouldn't even exist but you're still cranking out checks..shock and awe man
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"shock and awe indeed man"
 
It's good to see the man from ABF and the man from Holland know best how to manage and point out failures at the top of YRC.
We all think that it's good to hear from a retiree who is sitting on the couch all day, waaaaay out of the loop, and totally detached from what is going on at the terminals. Basically blowing smoke up everyone's butt trying to protect his pension, and couldn't care less about the working guys and their work rules.
You two are way underpaid.
Yep, you're right. We're down 15% and a pension short of where we should be.
But how solid a business plan do you expect?
We see our money being poured down the drain daily. I could fill a page with the stupidity that I see each week. And YRCW is the one that has forced the bad business plan down the terminals throat. Freight sitting in the yard all day is a bad business plan. Period. YRCW has devoured the morale of management, which trickles down to the rest of the employees.
YRC expects fourth quarter 2010 adjusted EBITDA in excess of $100M.
They have also expected a huge turn around in the bill count, which hasn't happened either. {remember....the customers were coming back in droves.} And like I've said before......If I didn't pay my bills, my account would look better also.

If Zollars was able to keep the Roadway and Yellow brands separate which was the plan the only job loss would have been due to the downturn.
Just your opinion. My opinion is that the merger was part of Zollar's original plan.

Enjoy your fantasy land.
 
I'll tell you what makes me think that they don't have new investors. They had to extend the B.S. until March 15th. That's why. They said that, with a yes vote, the investors were going to step forward, and they didn't. That's because they don't exist. Period. They couldn't beg any investors to put money forward for this sinking ship. Oh, so now your going to tell us that they didn't know about the recession and related economic troubles when they lied to us?

Yep, This recession stuff must have just started within the last month. {B.S.}
Just got back from our union meeting & the ba told us yrc has no new investors at this time.
 
could of sworn i was hearing something about the union or some of our funds being investigated for investing so much of our retirement into yrc stocks
 
We all think that it's good to hear from a retiree who is sitting on the couch all day, waaaaay out of the loop, and totally detached from what is going on at the terminals. Basically blowing smoke up everyone's butt trying to protect his pension, and couldn't care less about the working guys and their work rules. Yep, you're right. We're down 15% and a pension short of where we should be.
thick skulls of the world rejoice
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No-the work rules are protecting your pension..one reason the pension has even a shot of returning is the new work rules. If someday you want to retire and get a weeks pay for putting miles on the couch like I rarely do..you will thank the Lord for the work rules but I doubt you and the no's out there will ever understand about being competitive cost wise. It's what happens when the skull thickens
We see our money being poured down the drain daily. I could fill a page with the stupidity that I see each week. And YRCW is the one that has forced the bad business plan down the terminals throat. Freight sitting in the yard all day is a bad business plan. Period. YRCW has devoured the morale of management, which trickles down to the rest of the employees.
ya I know, it's a circus out there but it always was...nothing ever changes..same ol same ol
 
you are right again jay . they try to nickle and dime us to death while they toss away millions but the work rules will save us all!!!!
you are right about tjhe circus part . stop playing the clown for a while and give the working class a break from your kool-aid drinking bs
 
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