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Yellow | Yrc The Cancer Of The Trucking Industry

BIG R GUY said:
Think about this. Probably going to use some of the money to buy UPS, and ABF to keep all union companies together..like Zollars was planning...
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And what are they going to buy them with? They say they're broke, remember? That's why they say they still need 15% of every Teamster check.
If the money's there, then they can (and should) restore full pay, benefits and CSPF payments.
But think about this. The bulk of the approx $300,000,000 per year in employee "donations" (aka "voluntary" 15% givebacks from full wages paid) is being hidden somewhere to fund another start-up company after they intentionally bankrupt YRCW. (It worked for the CF officials that used CF bankruptcy to start up CCX)
http://www.ttnews.com/articles/basetemplate.aspx?storyid=44823rocess. According to YRC's own news releases, they are in the process of liquidating properties now to bank even more money. Once they bankrupt YRC, they can get rid of the troublesome Teamsters and start up a new company or series of non-union companies (similar to how CCX came to be). Once done, then they can cherry-pick which former territories and terminals to best suit their new company plan, and buy them back dirt cheap. They can also go back and re-hire former favorite employees and supervisors. Those that did not "rock the boat" and simply did what they were told.
If the bulk of the approx $2.3 billion given up by YRCW employees since 2009 is still safely banked somewhere offshore, that money could be used to fund the new non-union company or group of companies similar to the startup of CCX.
 
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henry j said:
And what are they going to buy them with? They say they're broke, remember? That's why they say they still need 15% of every Teamster check.
If the money's there, then they can (and should) restore full pay, benefits and CSPF payments.
But think about this. The bulk of the approx $300,000,000 per year in employee "donations" (aka "voluntary" 15% givebacks from full wages paid) is being hidden somewhere to fund another start-up company after they intentionally bankrupt YRCW. (It worked for the CF officials that used CF bankruptcy to start up CCX
http://www.ttnews.com/articles/basetemplate.aspx?storyid=44823rocess. According to YRC's own news releases, they are in the process of liquidating properties now to bank even more money. Once they bankrupt YRC, they can get rid of the troublesome Teamsters and start up a new company of series of non-union companies (similar to how CCX came to be). Once done, then they can cherry-pick which former territories and terminals to best suit their new company plan, They can also go back and re-hire former favorite employees and supervisors. Those that did not "rock the boat" and simply did what they were told.
If the bulk of the approx $2.3 billion given up by YRCW employees since 2009 is still safely banked somewhere offshore, that money could be used to fund the new non-union company of companies.
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Ya nailed it. Never prove it, but like the sign down south said, 'Those who forget the past are condemned to repeat it;. von.
 
BIG R GUY said:
You guys in the dark at 525 got it made watching ground hog day. It's already dark enough there to watch it on the dock .
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Movie is on a continuous loop over there. Flat screen light up the place like a Ufo!
BIG R GUY said:
You guys in the dark at 525 got it made watching ground hog day. It's already dark enough there to watch it on the dock .
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Positive news.
TV works. Lol.


Gonna have to move my self to snarky remarks.
C'mon BigR
 
3,000
mysticobra said:
Beating a dead horse.
All people dissing yrc. If you work there and don't like it just leave.
It's that simple.
If you don't work there. Why are you bitching about it.
To rile people?
We don't give a :::shit:::.
We know what's up.
I fall asleep going through the same ol stats posted in other areas.
Ever see the movie Ground Hog Day?
This topic is it.
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"If you work ther and don't like it, just leave" "It's that simple"
It's not that "simple" - after donating over $93,000 in the past 8 years and still the company claims to be on the rocks, too many people feel they've been played for fools - and they probably have.
It's not "simple" to quit and just find another job if you're in your 50's. Nobody will hire you. Age discrimination is illegal, but the companies don't care about that. 8 yrs ago that same person was in his 40's and believed the line of BS YRC was handing out about only needing 15% for a couple years, then the company would be back in good shape. That person WANTED TO BELIEVE the company big shots. Well it's 8 years later and it turns out the company lied, the money's gone and they say they need more. Where did the $2.4 billion that YRCW already got, go?
"Fool me once, shame on you. Fool me twice, shame on me"
 
henry j said:
is being hidden somewhere
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phDuEFP.jpg
 
slavenomore said:
There were rights for the union to make sure the company was paying stuff and there was progress....Do you think they used them rights?
There lies our huge problem.
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The union and CSPF bookies can't even manage their own books. "Cooking the books" is a very complicated and time consuming game. Kinda like playing the "Shell Game" with one pea and a few thousand shells. Where'd that pea go?
 
mysticobra said:
Beating a dead horse.
All people dissing yrc. If you work there and don't like it just leave.
It's that simple.
If you don't work there. Why are you bitching about it.
To rile people?
We don't give a :::shit:::.
We know what's up.
I fall asleep going through the same ol stats posted in other areas.
Ever see the movie Ground Hog Day?
This topic is it.
Click to expand...
A lot of people "fell asleep" or just didn't pay attention to what was happening to their money or how much it all amounted to.
The small number 15 as in 15% doesn't sound like much until you add it all up and multiply by 32,000.
Like Everette Dirkson once said "A billion here, a billion there, and pretty soon you're talking about REAL money"
In MY book $2,662,400,000 is REAL money.
Maybe YRC will give everybody a free coffee mug when they shut the doors.
Just thinking positive.
 
henry j said:
Using your example - If the bank says it's reducing my house payment from $1000 to $850, they are "injecting" $150 more into my household account - money not spent on the mtg is now available for other things, such as home improvement, buying a new car, etc.
You say "We're charging them less for labor". That 15% was agreed to be paid by them in the contract. First they agree to payi - then they use extortion and coercion to get it back "voluntarily"., through veiled threats of job loss.
Definition ; Capitol injection ; an investment of capitol (unpaid wages) into a company or institution generally in the form of cash.
Definition ; Extortion ; a criminal offense of obtaining money, property or services from an individual or institution through coercion.
Definition ; Coercion ; the practice of "persuading" someone to do something by using force or threats (job loss).

What does the price of diesel fuel have to do with employee give backs? If any trucking company signs a contract with a fuel delivery company to pay an agreed on price, that fuel company has a right to demand full price per gallon delivered. A contract is an agreement by both parties to abide by the contract - including money to be paid and services to be delivered.or performed. YRC and IBT freely signed a contract.
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Wow, are you delusional or what? First off, if your mortgage payment is $150 less than it was there is no "injection" of money by the bank. It just represents the lessor amount that you must pay. Whatever you now do with that $150 that you no longer have to pay is your business, but the bank isn't paying you back that money simply because you never paid it in the first place.

What are you talking about when you say the company agreed to pay the 15%? Where did you come up with that nonsense? The company pays us the agreed upon rate which happens to be 15% less than it used to be. In other words we accepted a lower rate of pay, period. No different than when we've gotten raises except this time it's a decrease instead of an increase.

The lowered price of diesel fuel was an example of paying less for something just like the company is now paying us less for our labor. Obviously you don't get it.

Your posted definitions of terms you seem to like to use here - Capital Injection, Extortion, and Coercion - are meaningless in regard to the YRCW situation. Nice try though.
 
henry j said:
And what are they going to buy them with? They say they're broke, remember? That's why they say they still need 15% of every Teamster check.
If the money's there, then they can (and should) restore full pay, benefits and CSPF payments.
But think about this. The bulk of the approx $300,000,000 per year in employee "donations" (aka "voluntary" 15% givebacks from full wages paid) is being hidden somewhere to fund another start-up company after they intentionally bankrupt YRCW. (It worked for the CF officials that used CF bankruptcy to start up CCX)
http://www.ttnews.com/articles/basetemplate.aspx?storyid=44823rocess. According to YRC's own news releases, they are in the process of liquidating properties now to bank even more money. Once they bankrupt YRC, they can get rid of the troublesome Teamsters and start up a new company or series of non-union companies (similar to how CCX came to be). Once done, then they can cherry-pick which former territories and terminals to best suit their new company plan, and buy them back dirt cheap. They can also go back and re-hire former favorite employees and supervisors. Those that did not "rock the boat" and simply did what they were told.
If the bulk of the approx $2.3 billion given up by YRCW employees since 2009 is still safely banked somewhere offshore, that money could be used to fund the new non-union company or group of companies similar to the startup of CCX.
Click to expand...

Wow, your posts keep getting better. You must be living in a state where recreational use is legal. Lucky you!
 
Triplex said:
Wow, your posts keep getting better. You must be living in a state where recreational use is legal. Lucky you!
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:hilarious:
He does not and has not worked for YRC.
But it's the worst company in the LTL world.
Toke up.
Gotta finish this Blackhawks Wild game....
 
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