Yellow Running Out Of Money (And Possibly,Time)??

And without being able to sell hundreds of millions of dollars in property.
Ya'll gotta remember, Yellow has also been in the real estate business for quite some time.
Millions upon millions of revenue that ABF never had, yet ABF is still in business.

Think about it

 

Abf isn’t the size of YRC. Therefore it isn’t as bloated but their operating ratio isn’t that great. Something like 89.9% I think

 

Anything under 90 is really strong.

 

I guess 89.9 is under 90

 

And who said truckers don't know nuttin about math. Well done @Jubal Early Times

 

The reality of this union versus non-union situation is that both sides see the other as complete idiots.

Non-union people see people under a collective bargaining agreement as less than men, sissies who need assistance from other people to get a good deal.

Union people see non-union people as men who go into the boss's office in their nicest maid outfit, and come out dabbing at the sides of their mouths with a napkin, fumbling excitedly for their cell phone to tell their wife what a good job they did.

I personally don't give a #### either way, but I will also be ######### if I'm going to let selfish people drag the name of the organizations that gave you the 5-day work week, 40-hour work week, and other amenities that...the...mostly anti -union...trucking industry...doesn't enjoy.

Huh.

 

let us not forget, that ABF bought out Carolina many years ago, (1995) and this is where "dove-tailing" of the workers came into play.

not only that, but i do not recall ABF cleaning Carolina's accounts, then setting them off on thier own, like Yellow did to Preston and Jevic...and whomever else they bought and gutted.

funny how one company (ABF) can actually manage things, and thrive.

 

No doubt unions had its place back in the day. Now days, I would argue against them as they do not do anything that the government doesn't already do. Just more rules so companies cannot compete or they are way over priced. Look at the new cars and trucks coming out on those price tags for one. Have lots of friends that work at the Ford Plant making big money doing very easy jobs that should pay half what they make to be honest.

 

And given the disparity in wealth that exists in America, and the fact that your job doesn't pay enough for you to afford those cars that you complain about, shows me that unions have never been more important. It's just a difference in perspective, man.

 

this is correct...the labor laws do as much as the unions do for so-called protection.

when i worked for a union company, all i saw an advantage to was seniority for vacation time, or bumping a lower driver from a run at bid times, or bumping a lower driver at a terminal for me to get out quicker, and make him stay later.

a union can fight your case to the management, to keep you employed, but then too, you can be suspended for x amount of time, and not be paid as well.

a union worker can still be fired, albeit after like 3 write ups, and that suspension

state labor board(s) cannot do anything for the worker then, as he (or she) violated the company policy enough to warrant being fired.

you get a pay raise.>??

the union dues go up as well, so what did you gain..???