I think your vision is clouded if you think NEMF is struggling badly!!!........and severely blinded if you do not think the YRC issues are having a major effect on the YRC companies. Major contributing employees are jumping off the YRC ship.......why do you think that is?.........poor credit rating, major debt and stock not worth anything. My belief is the only thing that will save the YRC ship from sinking is a major restructuring and reduction in size of the company. I will agree that New Penn makes money, but not enough to make a major impact to YRC......and also, who is going to buy them (maybe UPS or ABF), but in a nutshell, the picture of New Penn is changing. Also, not sure if YRC can sell NPME for enough since they have the assets up as collateral.
If NEMF is struggling (It is merely due to the economy like everyone else) much less than most other carries. Remember, there were over 2600 trucking company failures (through 3Q 2008) and over 100,000 trucks were taken off the road.