Yellow | Anyone know about this?
- Thread starter Larrybob
- Start date
slavenomore
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KK had a thread saying something about Next Century.
But I can't find it.
But I can't find it.
slavenomore
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If this is real which terminals might Next Century be operating?
And will they be treating Yellow applicants as the rest of LTL has?
And will they be treating Yellow applicants as the rest of LTL has?
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Well, I asked and was told on here to let it go and move on...so I did.
You listen to people on here? Haven't you learned by now?Well, I asked and was told on here to let it go and move on...so I did.
slavenomore
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Well it is possible. Politicians are involvedWell, I asked and was told on here to let it go and move on...so I did.
Is it a Tennessee or Georgia politician who is a bigshots with Next Century or Cooper?
I saw a headline about that somewhere.
slavenomore
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Here's a story with something like what I posted.
Politics: It's this second deal that's being supported, at least in principle, by a chorus of U.S. senators, including Elizabeth Warren (D-Mass.), Josh Hawley (R-Mo.), Sherrod Brown (D-Ohio), Roger Marshall (R-Kan.), and Bernie Sanders (I-Vt.).
Politics: It's this second deal that's being supported, at least in principle, by a chorus of U.S. senators, including Elizabeth Warren (D-Mass.), Josh Hawley (R-Mo.), Sherrod Brown (D-Ohio), Roger Marshall (R-Kan.), and Bernie Sanders (I-Vt.).
- Each signed public letters asking Treasury to extend the maturity date of the CARES Act loan to Yellow, although it remains unclear if Treasury has the legal right to do so.
- The risk, of course, is that this is pulling defeat from the jaws of victory for U.S. taxpayers, particularly given that Jack Cooper itself filed for bankruptcy in 2019 before restructuring.
Puff Driver
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The loan is paid back. Move on. Don't fall for these false flags. Some folks fall for this every time...
And never believe Axios...
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See what I mean? I tried to explain, but nobody cares and said to move on, so I deleted my post. Discover on your own.
Don’t have any interest in YRC anymore, but saw this, dated today.
www.freightwaves.com
Next Century's bid for Yellow back on table
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.
www.freightwaves.com
ABFretired
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Sounds like another shell game!They want the employees to forgive what they’re owned in exchange for shares they’ll never see!What a joke!
If you look at the article "freight zippy" has already replied with his union hating...wonder who that is?Don’t have any interest in YRC anymore, but saw this, dated today.
Next Century's bid for Yellow back on table
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.
Could be, but the problem is which way the court will decide with the WARN act claims....
Well, if it could work out and put that many Teamsters back to work it certainly could be a good thing. Who knows though?Don’t have any interest in YRC anymore, but saw this, dated today.
Next Century's bid for Yellow back on table
As many as 14,000 former Yellow Teamsters could head back to work if a would-be less-than-truckload startup can persuade creditors to approve their plan.
Rounding3rd
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Could this be why Yellow was sure to re-pay the cares act loan? So they can get some more?
Puffy is not going to like that comment...he is going to call you a sheep, even though you said IF it works out, which by no means says you are counting on it...Well, if it could work out and put that many Teamsters back to work it certainly could be a good thing. Who knows though?
Sticks and stones, etc.
Yeah, Sticks and stones may break my bones, but lunches never hurt me, or something like that...Sticks and stones, etc.
steercrazee
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Id lean on the side of not getting my hopes up. It's been so long and a lot of their terminals and equipment is gone as well as customers. Just don't know if id trust any of this just to be let down again. The way all this was and has been handled is all suspicious when upper management got bonuses when a company was going under and in the end they crapped all over the drivers and dock workers as well as some of the office personnel. A lot of peoples time squandered with a company that seems truly didn't give a rip. I waited on a company for a long time when i got laid off from them with the hopes of getting rehired and after a year or so i realized it was time to move on and just put them in the past. Even if this was to materialize in some fashion i just don't see it being anywhere like Yellow. So not everybody would be hired back and then what exactly would you be doing? Not sure anymore really if any company really care about their employees or just the next penny they can put in their bank account. Just some of my thoughts.