Eric Zeemen
TB Lurker
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It looks like XPO Logstics is being sold again
Correct me if I am wrong.not LTL
After reading the article it didn’t specify which segment would be sold. My assumption is which one they can get the most money for.Correct me if I am wrong.
Research it.....
No, I think You are correct.Correct me if I am wrong.
Research it.....
Don’t work for either (or FXF for that matter). Couldn’t Mr Big Bucks buy, close & write off YRC? It would rid him of those pesky Teamsters & I’m sure they could figure out a way to lock in the customers in the process.If Bradley would sell all but LTL (former ConWay) then would buy FedEx Freight.
Doubt anyone would buy YRC.
I'll bid ONE DOLLAR!!
I'm out...I'll bid ONE DOLLAR!!
There’s probably a Successor Clause in the YRC contract. Jacobs won’t go near YRC.Don’t work for either (or FXF for that matter). Couldn’t Mr Big Bucks buy, close & write off YRC? It would rid him of those pesky Teamsters & I’m sure they could figure out a way to lock in the customers in the process.
Could shipping war with Walmart force Amazon to bid for FedEx?It looks like XPO Logstics is being sold again
Don’t work for either (or FXF for that matter). Couldn’t Mr Big Bucks buy, close & write off YRC? It would rid him of those pesky Teamsters & I’m sure they could figure out a way to lock in the customers in the process.
Well he would get them on the cheap, their stock below $3 per share. He bought Con-way at around $45 per share. As for the Successor Clause all he would have to do is buy it give them there WARN notice, lay everyone off and close the doors and let the shipper look for a new carrier. It happened every time an LTL company closed.There’s probably a Successor Clause in the YRC contract. Jacobs won’t go near YRC.
Well, if that’s his plan then what’s the point?Well he would get them on the cheap, their stock below $3 per share. He bought Con-way at around $45 per share. As for the Successor Clause all he would have to do is buy it give them there WARN notice, lay everyone off and close the doors and let the shipper look for a new carrier. It happened every time an LTL company closed.
https://finance.yahoo.com/news/investors-bought-yrc-worldwide-nasdaq-190544074.html
Exactly, what would he be buying? He couldn't get away from the debt they have, why do it?Well, if that’s his plan then what’s the point?
Thats why you sit back and let it fail. Then pick up the pieces you want. Oh that's right the union can't afford to let them fail so they will bend over backwards for themExactly, what would he be buying? He couldn't get away from the debt they have, why do it?
Price them into bankruptcy. That’s the plan for all nons. No one wants to buy that hot mess at yrc.Exactly, what would he be buying? He couldn't get away from the debt they have, why do it?