My linehaul truck has 821k miles on it.As for mechanical failure,it still has no more than some of the new ones.My biggest gripe is the pull,these trucks have never met a hill it liked..
They had debt, but not like American Freightways... All companies have a certain amount of debt, no getting around it... I was told that when Fred bought AF, they had over 300 million in debt.... Hell, we have debt, and we were considered the most debt free freight line in the business at one time...
Ok, I'll take your word on that Starks. Makes sense to me.
I wouldn't take his word for it, He's trying to make a fact over something he heard? I worked at Big R 21yrs before this cannibal Yellow took us over on a leverage buy out. our books were straight and most of my career at Big R they were completely debt free and everything was paid for. at the time of the take over Roadway had less than 50Mil of debt on the books but they were still keeping a positive cash flow; as a multi billion dollar corporation thats what made them so attractive for that company busting cannibal Yellow to take them over. I didn't like working for them but I did admire the way they ran their business! I'm now at YRC I hate YRC they may as well put Yellow back up on everything, it's a pig p o s company!
I wouldn't take his word for it, He's trying to make a fact over something he heard? I worked at Big R 21yrs before this cannibal Yellow took us over on a leverage buy out. our books were straight and most of my career at Big R they were completely debt free and everything was paid for. at the time of the take over Roadway had less than 50Mil of debt on the books but they were still keeping a positive cash flow; as a multi billion dollar corporation thats what made them so attractive for that company busting cannibal Yellow to take them over. I didn't like working for them but I did admire the way they ran their business! I'm now at YRC I hate YRC they may as well put Yellow back up on everything, it's a pig p o s company!
Less then 50 million in debt? So they did have debt.
Less then 50 million in debt? So they did have debt.
BTW,also saw a sign posted at 017,that the bunkrooms will be closing today(permanently) due to close proximity to dock and hazmat on the dock.Can anyone confirm if this is companywide??
I could be wrong, but when I worked for Big R, I was under the assumption that they were debt free.
Less then 50 million in debt? So they did have debt.
Roadway Corp. had something like $400 million in debt when Yellow Corp. bought them. It was from the buyout of Arnold Industries which ultimately gave Roadway Corp. New Penn Express. This stuff is no secret.He doesn't realize, he's not offending me at all.. His tough guy words only proves that he's overly-sensitive about the subject...Hey fr8man, Roadway had debt that YOU didn't know about.!!!!(But I'm just making sh!t up) LMAO
hey maybe if yellow buys abf, then maybe estes can buy all the old raggady, wore out,rat infested terminals that they dont want!!! oh and throw in all the wore out equippment that estes can buy at a good price!!!!
Now for the first time in 6 years yrc shows a positive profit of $.30 cents for every $100.00 they spend and they want to buy a company that spends $105.00 for every $100.00 they make. I'm convinced a democrat is the mastermind behind this operationRoadway Corp. had something like $400 million in debt when Yellow Corp. bought them. It was from the buyout of Arnold Industries which ultimately gave Roadway Corp. New Penn Express. This stuff is no secret.
Now for the first time in 6 years yrc shows a positive profit of $.30 cents for every $100.00 they spend and they want to buy a company that spends $105.00 for every $100.00 they make. I'm convinced a democrat is the mastermind behind this operation
Roadway Corp. had something like $400 million in debt when Yellow Corp. bought them. It was from the buyout of Arnold Industries which ultimately gave Roadway Corp. New Penn Express. This stuff is no secret.
Im convinced the government bailed YRC out like they did the automakers. Im willing to bet YRC bellied up to the White House and said if you don't help us stay afloat and bail us out of our bankruptcy then your gonna see the national unemployment rate sky rocket. We all know Mr. Pres has to protect his reputation and make it look like he actually succeeded while in office.
hey maybe if yellow buys abf, then maybe estes can buy all the old raggady, wore out,rat infested terminals that they dont want!!! oh and throw in all the wore out equippment that estes can buy at a good price!!!!