bigtruk_us
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wonders if zollars was involved in any of that insider trading?
I wish I was a fly on the wall when Yellow and Roadway made the deal to buy whoever bought whoever. My belief is that Yellow and Roadway agreed to merge to put the Teamsters in a little basket. I don't know who approached who, but it is obvious to make the deal, Yellow had to agree to replace all the lower management and the operation with Roadway's managers and operation. It's hard to figure out why Zollars and most of Yellow's upper management remained in place unless Yellow had the bigger stake in the deal. Of course I don't know, it's all kind of confusing and alot of answers to our questions will never be answered.I believe we were bought up already by Roadway, everything has gone to the Roadway system, most Yellow managers have been terminated. This is the first time I have ever heard of a company purchasing another company & then switch everything to their operations. I'm not trying to start a Roadway vs Yellow feud, but, why was Roadway the surviving entity? I know all the rumors about Roadways money, credit & them owning all their equipment. I honestly believe this was a backdoor merger between Yellow, Roadway, Banks & Lawyers & it will all come out someday when the crooks who did this are either dead or to old to be prosecuted. I hope we all can survive this whole mess & be profitable again someday & the crooks who did this pay for their actions!!!!!!!
I think it was designed to suck the equity out of Yellow in a long term attempt to break the NMFA.
They didn't have to go through all of this they could have just went bankrupt and ended it.
there was too much capacity and overlap even back then before the buyout. Roadway top management Wickham and Staley and top shareholders retired multi-millionaires with the deal. It was a legit buyout. Zollars was top gun then and now. Things did not go as plannedThey're down but not out butas long as the fat broad don't sing the second half of 2010 will rock
You been saying 2nd quarter, now it's SECOND HALF 0f 2010. Guess next week it will be 1st Half of 2011.
Starting to sound like a weatherman JOEY
As opposed to all the people that bad mouth your company and union on a daily basis on these boards? If you you really are a member of the Team and the TEAMSTERS then STFU and get to work. I'll take THE JOE everyday over your sour arse!You been saying 2nd quarter, now it's SECOND HALF 0f 2010. Guess next week it will be 1st Half of 2011.
Starting to sound like a weatherman JOEY
Not legally. They would need to have a shareholder vote on closing the company, which never would have gone through. The customers would have left enmass and the company would have lost money.
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Holland didnt know what "red" was until Yellow started Friggin with us. We were always the men in black.Well you can have Management Joe. Maybe he can put a good word in for you with Zollar... Speaking of getting to work you better turn it up a little there . The only reason Holland might be close to making a profit is because of the 11+ a hour we gave back. At least lil old New Penn always operated under 100 even with full rate and pension. So maybe you can give some Free time so Holland can get into the black, God knows you fell over each other to vote away everything else.
Holland never heard of a Loss until Yellow came along. Only reason we dont show a profit? YRC sucked it right off our bottom line!Well you can have Management Joe. Maybe he can put a good word in for you with Zollar... Speaking of getting to work you better turn it up a little there . The only reason Holland might be close to making a profit is because of the 11+ a hour we gave back. At least lil old New Penn always operated under 100 even with full rate and pension. So maybe you can give some Free time so Holland can get into the black, God knows you fell over each other to vote away everything else.
Well you can have Management Joe. Maybe he can put a good word in for you with Zollar... Speaking of getting to work you better turn it up a little there . The only reason Holland might be close to making a profit is because of the 11+ a hour we gave back. At least lil old New Penn always operated under 100 even with full rate and pension. So maybe you can give some Free time so Holland can get into the black, God knows you fell over each other to vote away everything else.
Holland never heard of a Loss until Yellow came along. Only reason we dont show a profit? YRC sucked it right off our bottom line!