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YRC YRCW STIFEL'D

Discussion in 'YRC Freight' started by yrctrucker, Nov 10, 2018.

  1. yrctrucker

    yrctrucker Member

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    aztec warrior and wongway like this.
  2. dokman

    dokman Well-Known Member

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    In an older article by same company when YRC was having trouble the analyst suggested that to cut cost on eguipment YRC should eliminate the use of expensive forklifts and load and unload trailers with pallet jacks to substantially save money.
    Now I am not making this up, when I read it I laughed out loud.
    That is the problem in today’s environment there are too many highly educated people that have zero common sense, and think that all the book knowledge can fix everything.
    Dave Thomas ( Wendy’s) was an 8 th grade drop out. There are many more success stories like this.
    Sadly our government is full of highly educated idiots that don’t understand how things work, they just talk a good story and promise everything.
     
    buffalobill, tread, falconfan and 6 others like this.
  3. BIG R GUY

    BIG R GUY Coop Dispatch Hat Distribution Manager

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    I am not a stock expert,just a good hot girlie photographer. If you look,most all transport stocks took a hit yesterday,OD,Saia,XPO,and FedEx to name a few.
     
  4. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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    This guy is on the right track, go back to solid rubber tires, look at the savings on tire wear and repair.
    The biggie, repower the fleet! Steam is the answer, coal and wood much cheaper than diesel, just
    imagine the savings, just to name a few.
     
  5. wongway

    wongway Boardwalk Engineer

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    Thinking Investors maybe are remembering the stock 300 to 1 reverses stock split and got burned like all of us employee's did too and not paying no $$ dividends ................. question is why buy it ???????????????????
     
  6. skullcramp

    skullcramp Government Seal

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    These are all good ideas. Possibly go back to rotary phones and telex's too name a few. Maybe add tariff books too and go back to manual rating of bills
     
    tread, aztec warrior and seabreeze like this.
  7. skullcramp

    skullcramp Government Seal

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    I would love to read that article. Hopefully darrin hawkins and scott ware haven't read it
     
    aztec warrior likes this.
  8. Keepingon

    Keepingon Well-Known Member

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    I’m not a stock expert either BUT YRC has been in the shitter the last 10 years while all the others you mention have soared.
     
    falconfan, aztec warrior and wongway like this.
  9. Keepingon

    Keepingon Well-Known Member

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    Or maybe they are realizing it’s the same old excuses in every earning statement.
    Every statement they tell us paid transportation cost more than expected but it should go down because they bought equipment.
    The best excuse for why they didn’t make money is “the weather impacted their production”

    YRC has different weather than all the companies that made money !! :lmao:
     
  10. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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    I'll bet my friend who is a retired Big R driver is looking at YRC, after the splits, he has 13K invested in 1 (one)
    share.
    He may buy more, if they turn the trucks up!
    What you think, Wong?
     
    Green$dawg and wongway like this.
  11. Griz

    Griz Well-Known Member

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    Get ready fellas, this sounds all to familiar. Maybe not the December 31th 11th hour ultimatum we faced, but it’s coming.
     
    aztec warrior likes this.
  12. wongway

    wongway Boardwalk Engineer

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    Maybe ?? and XPO turned trucks up to 70 mph and they make money & stock price doing ok !!
     
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  13. the5tolls

    the5tolls Yes or No....that is the qestion!

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    until they turn their windshield wipers on
     
    aztec warrior likes this.
  14. Elwood

    Elwood Question Authority

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    I’m kinda numb to the same old ‘wolf’ story. The work environment has changed significantly and loyalty to brand has all but disappeared. More than 75% of us are less than 5 years from Medicare eligibility.

    That pretty much sets the tone.
     
  15. Freightmaster1

    Freightmaster1 Well-Known Member

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    More than 75% of us are less than 5 years from Medicare eligibility.
    [​IMG]
    :6788:
     
    Canadian Flyer and aztec warrior like this.
  16. Griz

    Griz Well-Known Member

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    I’m one them. Getting out of here in March after I vote at 62 and 29 paid in.
     
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  17. yrctrucker

    yrctrucker Member

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    Not almost 20% though
     
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  18. ltl1

    ltl1 Active Member

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    Is that 29 good years or 19 good 10 junk years?
     
    falconfan likes this.
  19. Keepingon

    Keepingon Well-Known Member

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    We talking about the drivers or the equipment? :17142:
     
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  20. mysticobra

    mysticobra Over Here Now. AD-FREE USER

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    Since I had my red wagon.
    10 years of junk. For me anyway. 22 decent years in.
    Ya. 10 years gave us a check and insurance.but that's all.
    Paid the bills.
    I am working on getting out. And soon. Had enough of this and want to get on to the rest of my life. Life after YRC is out there. Looking forward to it!
    :1036316054:
     
    aztec warrior likes this.

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