Yellow Freight closure thread

Hopefully....somewhere...someone will find an 11th-hour solution.


-- Lual​

 

Amazon Prime, is always hiring.

 

Posted this on a different thread but this seems relevant to repost. I work for Yellow

I was BSing with my dispatcher today. His eyes lit up and asked me if I was going to the company cookout.

When? Today?

- not sure, but it's coming up fast. It's a big going away party. I hope you make it.

Who's going away is it?

- Every single one of us. So bring your own food cause I doubt our company has any money left to fund it.

 

I bet other LTL companies mouths are watering over the prospect of yrc's demise .

 

Yellow controls 10% of all LTL freight. So yeah. It's going to be a mad dash for accounts and drivers.

 

Don’t count in it. We had a couple customers call us and when they got the rate, said that’s double what yrc charges. We don’t pull it if it’s not profitable.

 

Yellow keeps the rates artificially low. It's no wonder our operating ratio is 100.8%.

Once we collapse expect shipping rates to adjust.

 

When 10,000 LTL trucks disappear from the scene in the blink of an eye those customers will experience a price correction.... upwards. Yeah other LTL carriers are licking their chops like a hungry dog.