What good is bill count if you don't know yield

Discussion in 'YRC Freight' started by LTL MAN, Aug 20, 2010.

  1. LTL MAN

    LTL MAN Member

    Messages:
    44
    Likes Received:
    0
    I have a question? What good is bill count if you do not know the yield? You can haul all of the freight, but if you are hauling it for a loss what good is that??
     
  2. John/nyc

    John/nyc Member

    Messages:
    313
    Likes Received:
    3
    When they were rumored to be going bankrupt in late 2009, customers left for other carriers.

    Bill Z saved the company on the backs of everyone else.

    The trick now was to rebuild market share.

    Bill count is an indication of how that's going.
     
  3. albag

    albag Pray for peace! AD-FREE USER

    Messages:
    5,992
    Likes Received:
    3,971
    Driver Since:
    1976
    I agree 100% the O/R needs to be known. In our (YRC) financial situation volume doesn't mean as much as moving freight for a profit. I have never understood why operating ratio is such a closely gaurded secret at YRC. I have watched the debate here about the relative merits of Roadway vs.Yellow which at this point mean nothing. However, if there is NO profit in you business model then failure is the ONLY logical result.
     
  4. John/nyc

    John/nyc Member

    Messages:
    313
    Likes Received:
    3
    Bill count doesn't say anything about profit or OR. Its just a possible indicator of market share.

    For profit or OR you have to wait for the quarterly report (SEC 10Q).

    Then compare 10Q with bill count.

    The bill count was higher in the 2nd quarter than the 1st, so losses went down and OR improved.

    All that has no immediate effect on our (Teamsters) situation. It's all about the long range.
     
  5. rex211

    rex211 Member

    Messages:
    137
    Likes Received:
    3
    Before the merge Roadway used to tell us what our terminal and the company's O/R was. After the merge I was told by a Yellow ops manager (Andy L @257) that they stopped following the O/R when they started losing $.
     
  6. John/nyc

    John/nyc Member

    Messages:
    313
    Likes Received:
    3
    They used to tell us in Brooklyn, too
     
  7. turboj

    turboj Banned

    Messages:
    2,680
    Likes Received:
    31
    The bill count only proves that bill is a liar. The customers are returning in droves I think is what he, it said. I'm calling bs. It hasn't changed from 41-45000 a day except for that end of month spike. Maybe when the pension is finally put in the coffin this time it will go up. But then again they lose on every dollar they take in. Better to keep it where it is.
     
  8. Mud Hen

    Mud Hen Member

    Messages:
    66
    Likes Received:
    1
    Don't forget the $75.00 coupons on freight charges on shipments over $150.00 in May & June
    That is when the bill count started increasing ....and also the Gift Cards Companies get from YRC for Walmart depending on the revenue ....In reality your just increaseing the discounting of the freight and lowering the yield
     

Share This Page