Its a business, a large one at that. This is no "mom 'n pop" shop.
If it were, we would have Christmas parties and bonuses.....
Those that run it have a responsibility to their shareholders and those that have assumed risk to make it
PROFITABLE.
The days are gone when ANYONE could start up a trucking company with the protection of "regulation," service and/or timeliness could be sold to customers.
That "may" happen again, but, only when ALL of the smaller, non-threatening entities have been eliminated and when those with mega $$$ backing are satisfied with their share of the market. (You see the dilemma?)
I feel for those that have been displaced throughout this nasty string of events, from the first to be laid off after the merger to those that stand to lose their jobs in the future.
(But, its still business)
Do you think that if the two companies were to have remained separate, I mean Yellow not buying Roadway, that both would have survived and not made SIGNIFICANT changes to their respective networks?
How dramatic or drastic is immaterial, but it would have happened. Networks would have been altered and terminals would have been closed! The economy could not have support these behemoths!
Now you want to rant about how this is a "kick in the teeth." If YRC is to pay off their incredible debts and reduce the interest rates associated therewith, then they must show "due diligence." Streamlining is of the utmost. There were some bottlenecks, with which needed to be dealt. Is this the best solution, only the future will tell; I am sure there are MORE changes to come.
Now I ain't too happy about all of this high level mgmt addition, for sure, but I do understand bringing in people that the boss feels can be trusted. I will not pass financial judgement on that for at least one year. (personally
)
Now, if we had all voted "no" in the beginning, it would be moot. YRC as we know it would be out of business and have emerged from bankruptcy as YRCX. In the process 25,000 would be looking for jobs with non-"union" carriers, the NMFC would be a memory and no one would be left to fight for better wages and benefits for all, thus, not keeping wages in the industry competitive.
Now, understand, I do not drink "koolaid." I do understand economics slightly and I am able to draw conclusions from information I have accumulated.
Do not stir up crap because you have an axe to grind with the past. Everyone that works for this company should realize that jobs are on the line EVERY day. The better we do our jobs and the more efficient we become, the better chance we have of continuing.
The past is passed, get over it!