It’s the good old boy network,Bud. Again the squeaky wheel, gets the grease.YRC will prevail.The Union employees were left for dead 10 years ago and there competitors we chomping at the bit to get there business.It never happened and ,Won’t happen!!!.
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- Thread starter Kam2010
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Puff Driver
TB Veteran
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- 414
Using that thought process, it is a colossal waste of taxpayer $$$ if not a crime.
If it happens, the government owns almost 30% of YRC via stock.
Take a look at the YRC stock price for the past 15 years.
With the past being the greatest indicator of future expectations....
The stock in todays dollars was over $450,000 per share today it is $2.50
Why would any taxpayer buy into this???
It is Solyndra all over again.
Besides the same US Government is suing the company it is bailing out for corrupt business practices.
Only the US Government would do that????
That’s the government of your President Donald J Trump .The deal is done. get over it and move on.
Crime? At the risk of over-simplification, you can see this as a choice between paying truck and trailer builders $600 a week to stay home and do nothing, and never see a cent of that money again. Or, you can make a loan a to company that can use the equipment to stimulate demand.
skullcramp
Government Seal
- Credits
- 430
Sorry Boss, this deal is Mr. Puff's white whale. He will never rest until it is rescinded. He will bring it up at the
next oversight committee meeting.
And here is how much the US gave away, not loaned,in aid in 2017, and part of it to countries who don’t even like us.
Freight Shaker
TB Lurker
- Credits
- 308
Another thing to consider for those who are LTL at another carrier, don't expect any raises when your employer is flooded with job applicants from YRC.
The Democrats in Congress had nothing to do with this right?
So where is ABF's $700 million?And here is how much the US gave away, not loaned,in aid in 2017, and part of it to countries who don’t even like us.
How about Saia?
How about XPO?
Obviously the pandemic isn't keeping them from making money.
Why is YRC the only trucking company this "pandemic" hurt?
Oh, I forget.
That's right, they were in financial trouble "before" this pandemic!
You think?
Other carriers won't have to worry about undercut pricing.
When they make more revenue that means it's easier to give raises.
Oh by the way there, Wayne. I contacted a bunch of outfits in Columbia,SC, and they want you to apply. They are all hiring.
Did they all get $700 million because they were going broke before the pandemic?Oh by the way there, Wayne. I contacted a bunch of outfits in Columbia,SC, and they want you to apply. They are all hiring.
Don’t have a cow Man .Its all part of the Care’s Act.I guess you can say there was bi partisan support to help businesses and working people.
Didn’t the White Whale in Moby Dick swallow up captain AHAB. Who was never seen again.He can Huff and (PUFF) all he wants. He ain’t blowing this house down.
https://explorer.usaid.gov/cdAnd here is how much the US gave away, not loaned,in aid in 2017, and part of it to countries who don’t even like us.
Is that all you have every time I post something? But that’s not what you said is it?
Did they apply? YRC is having financial troubles have a link???
The deal is this pandemic wasn't the reason for yrc's problemsDid they apply? YRC is having financial troubles have a link???
https://www.logisticsmgmt.com/
This was their third quarter last year.
People like you are the worst. Admit it- you want YRC, or Any other company to fail. Why? Because you’re all about you- that’s why. Don’t act like you actually care how government money is spent- you don’t. You’re here to yell for YRC to close, but you don’t have the stones to come out and say it.