[quote author=Localdriver link=topic=79873.msg827398#msg827398 date=1273105760]
Did you forget last year???? A big improvement over 2009.
Im sure YRC and ABF would like to have these numbers
For the 2010 first quarter, Con-way Freight, the company's less-than-truckload operation, reported:
•Revenue of $725.0 million, a 26.3 percent increase over last year's first-quarter revenue of $573.8 million.
•Operating loss of $3.2 million, compared to an operating loss of $23.4 million in the year-ago period. Results were adversely affected by persistently weak LTL industry pricing, but benefited from employee-related cost-saving initiatives implemented in April 2009.
•Tonnage per day increased 34.8 percent over the previous-year first quarter.
•Yield declined 7.8 percent from the previous-year first quarter, primarily reflecting continued pressure on pricing in the competitive LTL market, and the effect of a 9.3 percent increase in weight per shipment compared to the prior year. Excluding the fuel surcharge, yield declined 11.2 percent.
•Operating ratio was 100.4 in the 2010 first quarter compared to 104.1 in the previous-year period.
[/quote]
Nope....didn't forget about last year.
That was when the company came hat in hand decrying the end of the LTL world as we knew it.
Hand to be our own bank...couldn't borrow operating money...just had to slash our wages and benefits...screw us out of a years vacation...ad nauseum.
Then dangle some ridiculuously unobtainable goals (like a 92% OR...are you kidding me?) to acquire our remaining 2.6% pay...and insulted every employee in this company by saying they were going to return 2.5% and then washing it away with insurance premiums increases.
I hope everyone enjoys the e-track trailers...the handhelds...and the new freightliners...you bought 'em.
And of course we have the race car....
No...I did not forget about last year.
Now we must suffer thru market based pay structures...cost of labor as opposed to cost of living depending on where you live.
Will someone please explain to me where the 'integrity' went?
Rat