ON the trucker channel on the SAt radio during a news brief. They stated all major LTL's in the Country are posting handsome profit gains for the first part of the year.. However Yrc is still showing a loss. And with the buy of it's truck load divsion by Covenant. And it's restructure Yrc chairman stated that they are in the same boat they where in 2007 n 2008 and thier is an 80% chance of defualting all together on the 2nd Q loans......I get to my home term and they have a industry news letter posted with all this about YRC.. on the terminal bullitin board...
What's your opinion??????
Will they weather the storm for a second time??? I think so!
I couldnt emagin how busy it would be without them!!
What's your opinion??????
Will they weather the storm for a second time??? I think so!
I couldnt emagin how busy it would be without them!!