trucker4cf
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Sorry...too late
Where a merger made sense, and where YRC dropped the ball, IMO, was not merging Yellow and Roadway shortly after the Roadway acquisition. Both companies basically offered the same service; it didn't make sense to run them as competing entities. I never understood how a Yellow rep could be at a customer one day, then have the Roadway rep in the day after undercutting him when they're both eating out of the same trough.
Give it a break Joe. Chicago did not create the mess this company is in.
They had to know the consequences of a name change and merge and kept it separate as long as business supported it. They could have tweaked it for efficiency if given time and the meltdown had not happened
Without a doubt Chicago did not create the mess the company is in but it pulled the life support with the vote cuz that caused the bondholders to back off. The lack of bondholder support is making a statement like.."do something about the vote before we come aboard" Bondholders got the upper hand and are holding 35,000 jobs hostage
Your wrong, why would you possibly use the YRC name. That is what brough down some of the most profitable regionals.Bash me if needed (not a YRC employee), but I see one thing that could save this Yellow caused mess. That is ONE company...........no New Penn, no USF Holland, no USF Reddaway, no Reimer. Will jobs be lost, yes but why have 2-3 YRC terminal operations in some cites??
Just one company (YRC) that has all of the resources. Merge everything to be one company, cut ALL of the overlap, get rid off the CRAP Executives/management/operations/drivers and be one company that would offer the best. Freight is quite simple.........pick it up, move it, deliver it on time and damage free!! If it is going to be late, notify the customer.
Now will this happen, likely not. But it they did this, with success could be unstopable and would grow.
What you're effectively saying is shut down the regionals. Sounds easy, but it's not going to "get 'er done."
- Two of the regionals are profitable; New Penn and Reddaway (barely.) It would be foolish to shed something that's making you money.
- All of the freight the regionals are hauling isn't going to necessarily follow YRC National. The regionals often times have better transit times in the same lanes as National does.
- The Yellow/Roadway merger was a mess. Imagine doing that all over again, but instead of rolling two companies together you'd be rolling four together. Lost freight = lost customers.
- I think (but am not sure) that shutting down any of those companies would cause large sums of money to be due to their respective pension funds immediately.
Where a merger made sense, and where YRC dropped the ball, IMO, was not merging Yellow and Roadway shortly after the Roadway acquisition. Both companies basically offered the same service; it didn't make sense to run them as competing entities. I never understood how a Yellow rep could be at a customer one day, then have the Roadway rep in the day after undercutting him when they're both eating out of the same trough.
But the regionals are different. They offer distinctly different services in different regions. Their product and brand would cease to exist under your scenario. All you'd have left is YRC National, which incidentally, has the worst operating numbers in the whole YRCW portfolio.
the way i heard it, was, yellow sales force was undercutting roadway prices, all the time! but, it don't matter much, at this point in time.
IMO....YRC should sell off all the x-Roadway equipment, and employees to Conway. That would have been a better merger, rather than Yellow. Conway and Roadway share the same work rules, management skills, brain-washed drivers that vote Yes to work for a lesser wage and without a pension. Now that would be a harder company to compete with on the road. American drivers/Measters that work like slaves, and that share the same equal knowledge of a foreigner. Now that would definately be a way to save our jobs and our pensions.
funny how fed -ex was able to buy american freightways and watkins..they put it under their brand immediately..not the way yrc was handeled....yellow, roadway, new penn and holland all competed against each other for the same freight....and fyi..its still going on with yrc, holland and new penn..its dumb....
QUOTE=imovaherenow;765033]how can u have a yrc terminal and a new penn terminal on the same block????
Bash me if needed (not a YRC employee), but I see one thing that could save this Yellow caused mess. That is ONE company...........no New Penn, no USF Holland, no USF Reddaway, no Reimer. Will jobs be lost, yes but why have 2-3 YRC terminal operations in some cites??
Just one company (YRC) that has all of the resources. Merge everything to be one company, cut ALL of the overlap, get rid off the CRAP Executives/management/operations/drivers and be one company that would offer the best. Freight is quite simple.........pick it up, move it, deliver it on time and damage free!! If it is going to be late, notify the customer.
Now will this happen, likely not. But it they did this, with success could be unstopable and would grow.
imahernow said:funny how fed -ex was able to buy american freightways and watkins..they put it under their brand immediately..not the way yrc was handeled....yellow, roadway, new penn and holland all competed against each other for the same freight....and fyi..its still going on with yrc, holland and new penn..its dumb....how can u have a yrc terminal and a new penn terminal on the same block????
who ever started this thread is really out of touch with 2nd day and over night regional freight.yellow and roadway have proven time and time again that they cannot and will not meet the needs of the next day and second day customers.if YRC merges the regional units into YRC these customers will flock to conway,fed-ex and old D.the only way they help thier corp is to spin off or sell the regional companys and create some operating income from the proceeds.
You have the right idea, the problem is the implementation/deployment...The main problem with the Yellow-Roadway merge was with the way it was rushed, and the decision to "back down" yellows IT (Information Technology) infrastructure to roadway's antiquated system. Roadways IT should have been upgraded to what yellow was using long before the merger, which would have made a 500% difference in the outcome... We went from a fairly high class system written for a huge operation with info on any bil or trailer available to any employee to a mid '80's (at best) IT system written and set-up for for very small operation that doesn't scale well at all to what it's being used for...prime example: placarding...yellow's system automatically set the trailer's placards to match the load, including not allowing foodstuffs on a trailer with poison, and vice versa, immediately, while loading. YRC spent the first 2 weeks after the merge with NO idea what was on any trailer, or anywhere in the system. THAT is what cost us 30-40% of our business. Whatever the cost of upgrading the merged companies would have been, it would have been less than the lost revenue just in March alone.
I personally feel that yellow's first computerized system was written after analyzing roadway's, and seeing what needed improving and what was missing during normal operations at a large terminal.
I believe the ultimate plan WAS to put everyone together; or at least to merge the main two,
and sell the Regionals, or at least to spin them off.
and sell the Regionals, or at least to spin them off. That's fine then why did they buy them?
and sell the Regionals, or at least to spin them off. That's fine then why did they buy them?
not sure I know; maybe to keep them alive. Fits the same pattern as Preston/ Saia though. Buy a parent company, close what you don't want; spin off the remainder as supposedly independent. I wonder if the Board of Directors isn't the same people.......
I know nothing, but figure after they merged Y and R, that they wanted to sell Holland to pay off the remaining debt; by then the economy had crashed, and Holland was worthless by then........
and sell the Regionals, or at least to spin them off. That's fine then why did they buy them?
If I was management. I want to make money. I would use Roadway's system too. The computer system is out of date, easier to forge the books. Trip sheets are different, harder for the drivers to keep track of their time and info. That helps my company to save money. Most of the drivers are uneducated on their union rights, never file grivances. If they do file grievences, I will only be punish them later. Most of them are affraid to speak up for themselves. Basically, Roadway is the closest union company to being a non-union company. They had a strong work ethics that were favorable to a non-union stragety. They drive illegal at the expense of the companies will, rather than making safe/smart decisions for themselves. I would want drivers who will act without thinking. Why would I want to treat people like a person? I would treat people like :: and they will harder for my company until they get some type of satifaction from me. I would say nice job, now get back to work. I would intimidate them, by threatening the employees that I will shut down unless they voted Yes to take concessions. I need to buy the new 2010 Chevy SS Camaro, have some extra cash for a poker game in Las Vegas, or whatever line of :: I would feed my company. They will eat it and they will like it. I know that sounds all too familiar, but thats the way I would want it. The more uneducated the drivers are on rules and regulations, and on the union contracts, the easier it is for me to get the freight transported. If I was management thats what I want. I would even throw some illegal immagrants into the mix to protect my financial security.
who ever started this thread is really out of touch with 2nd day and over night regional freight.yellow and roadway have proven time and time again that they cannot and will not meet the needs of the next day and second day customers.if YRC merges the regional units into YRC these customers will flock to conway,fed-ex and old D.the only way they help thier corp is to spin off or sell the regional companys and create some operating income from the proceeds.
The way I look at it by having different brands its kinda like a motel chain. You have 4 diferent motels one on each corner. Each for a different level of service. This way you get the best in all 4 corns for the different types of people or freight. with all the different type of freight we haul with all brands it would be impossable to put under one roof. Each brand specializes in a little bit different type of freight. Well that just how I see it. What do I know?????