There's only one way to reply to that kind of misguided thinking.
“No one wants concessions, but with a ‘yes’ vote at least we live to see another day, and I urge you to do that,” Hoffa said.
John Moses of Logistics Capital Management, IBT’s economic advisor on YRCW restructure, told the local officers at today’s meeting that the company will very likely declare bankruptcy if the tentative agreement is rejected, and that financing is contingent upon it passing.
“No one wants concessions, but with a ‘yes’ vote at least we live to see another day, and I urge you to do that,” Hoffa said.
John Moses of Logistics Capital Management, IBT’s economic advisor on YRCW restructure, told the local officers at today’s meeting that the company will very likely declare bankruptcy if the tentative agreement is rejected, and that financing is contingent upon it passing.