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Freightmaster1

Freightmaster1

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October 10, 2018 at 4:03 PM EDT


YRC Worldwide Schedules Third Quarter 2018 Earnings Conference Call

PDF Version

OVERLAND PARK, Kan., Oct. 10, 2018 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (NASDAQ: YRCW) today announced that on Thursday, November 1, 2018, at 9:30 a.m. ET, company executives will host a conference call with the investment community to discuss third quarter 2018 financial results. The financial results will be released the same day, November 1, 2018, before the market opens.

The call will be webcast and can be accessed live or as a replay via the YRC Worldwide website yrcw.com.

About YRC Worldwide
YRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn. Collectively, YRC Worldwide companies have one of the largest, most comprehensive LTL networks in North America with local, regional, national and international capabilities. Through their teams of experienced service professionals, YRC Worldwide companies offer industry-leading expertise in flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence. Please visit www.yrcw.com for more information.

Investor Contact: Bri Simoneau
913-696-6108
[email protected]

Media Contact: Mike Kelley
913-696-6121
[email protected]

SOURCE: YRC WORLDWIDE



Source: YRC Worldwide, Inc.
:bananapartyhat:
 
Freightmaster1 said:
October 10, 2018 at 4:03 PM EDT


YRC Worldwide Schedules Third Quarter 2018 Earnings Conference Call

PDF Version

OVERLAND PARK, Kan., Oct. 10, 2018 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (NASDAQ: YRCW) today announced that on Thursday, November 1, 2018, at 9:30 a.m. ET, company executives will host a conference call with the investment community to discuss third quarter 2018 financial results. The financial results will be released the same day, November 1, 2018, before the market opens.

The call will be webcast and can be accessed live or as a replay via the YRC Worldwide website yrcw.com.

About YRC Worldwide
YRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including YRC Freight, YRC Reimer, Holland, Reddaway, and New Penn. Collectively, YRC Worldwide companies have one of the largest, most comprehensive LTL networks in North America with local, regional, national and international capabilities. Through their teams of experienced service professionals, YRC Worldwide companies offer industry-leading expertise in flexible supply chain solutions, ensuring customers can ship industrial, commercial and retail goods with confidence. Please visit www.yrcw.com for more information.

Investor Contact: Bri Simoneau
913-696-6108
[email protected]

Media Contact: Mike Kelley
913-696-6121
[email protected]

SOURCE: YRC WORLDWIDE



Source: YRC Worldwide, Inc.
:bananapartyhat:
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More freight than we can handle. Looking forward to how this is spun.
 
wongway said:
Wonder if they will talk about Loads sitting and can't hire driver's at this pay scale level and about the 2019 talks ??
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309 is down to 430 road drivers. The YRC training academy is training new drivers for Old Dominion and R L they tell people to go to our school get trained with doubles then once they complete training just leave pay tuition bill can't blame them who wants to be forced on teams on call
 
falconfan said:
C.F had more freight than they could handle.Revenue driven instead of profit driven.
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CF was run into the ground and bankrupted deliberately after ConWay was up and running. The final part of that plan was the slap in the face to the Teamsters with the shut down on Labor Day. Could have shut it down on any other day. They picked Labor Day. It was part of the plan at CF.
There is no plan at YRCW.....for anything.
 
wtfteamster said:
CF was run into the ground and bankrupted deliberately after ConWay was up and running. The final part of that plan was the slap in the face to the Teamsters with the shut down on Labor Day. Could have shut it down on any other day. They picked Labor Day. It was part of the plan at CF.
There is no plan at YRCW.....for anything.
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I got the recorded message.It was the biggest logistical feat C.F accomplished in the 5 years I worked there.13,000 recorded messages on Labor Day and yet they claimed it was a surprise.We all ended up getting our WARN ACT money.
I remember the lying ass president coming to our terminal telling us they hired a new turnaround specialist named Brinko.In actuality he was a liquidation expert.Many people bought stock after that news and I think many of those lying bastards would be in jail in today’s times.Keep in mind ,we couldn’t research like we can today,we were dependent on the newspaper for the most part.

Here is part of an article.
Consolidated Freightways, a Vancouver, Wash., trucking company that has had seven straight quarterly losses, said in a statement that it was unable to secure additional financing that would have allowed it to continue operating.

I don’t know that YRCW doesn’t have a plan to relieve itself from the massive pension withdrawal liabilities and the many antiquated work rules.I do know however that our future is reliant on creditors.We have bought lots of equipment making it better for current lenders in event of a liquidation.
My question to all is..would you loan this company hundreds of millions of dollars?
Especially if rank and file demanded more than it would take for them to remain profitable.
I wouldn’t.
 
falconfan said:
I got the recorded message.It was the biggest logistical feat C.F accomplished in the 5 years I worked there.13,000 recorded messages on Labor Day and yet they claimed it was a surprise.We all ended up getting our WARN ACT money.
I remember the lying ass president coming to our terminal telling us they hired a new turnaround specialist named Brinko.In actuality he was a liquidation expert.Many people bought stock after that news and I think many of those lying bastards would be in jail in today’s times.Keep in mind ,we couldn’t research like we can today,we were dependent on the newspaper for the most part.

Here is part of an article.
Consolidated Freightways, a Vancouver, Wash., trucking company that has had seven straight quarterly losses, said in a statement that it was unable to secure additional financing that would have allowed it to continue operating.

I don’t know that YRCW doesn’t have a plan to relieve itself from the massive pension withdrawal liabilities and the many antiquated work rules.I do know however that our future is reliant on creditors.We have bought lots of equipment making it better for current lenders in event of a liquidation.
My question to all is..would you loan this company hundreds of millions of dollars?
Especially if rank and file demanded more than it would take for them to remain profitable.
I wouldn’t.
Click to expand...
To your question in the 2nd to last paragraph of your post.
Nobody should loan this company hundreds of millions of dollars. The employees have allready done so. We'll see how that loan pays off in 2019.
 
wtfteamster said:
To your question in the 2nd to last paragraph of your post.
Nobody should loan this company hundreds of millions of dollars. The employees have allready done so. We'll see how that loan pays off in 2019.
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I agree with you but unfortunately we see how our sacrifices are panning out with every quarterly result and s.e.c. filing.
Someone has to back this company to the tune of close to a billion dollars if YRCW continues to exist.
 
falconfan said:
I agree with you but unfortunately we see how our sacrifices are panning out with every quarterly result and s.e.c. filing.
Someone has to back this company to the tune of close to a billion dollars if YRCW continues to exist.
Click to expand...
Let management back it with their pay and benefits. Let them come up with ideas on how to operate an LTL trucking company in 2018 and into the future without relying on the Teamsters forking over hundreds of millions in pay and benefits for nothing.
We can all laugh at the truckload companies and their lease operator scams. What's the difference here except for the free health insurance?
 
This whole predicament YRCW is in is because of poor management decisions, or as of late, no management decisions.
It's been nothing but a lets see how far we can take this with the Teamsters paying for their jobs after management ran it into the ground.
 
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