They have been given many chances and lots of money for a long, long time. They should have been left to die long ago. The timing is unfortunate for the employees.
Yellow Files $137 Mil Suit Against IBT, Alleg. Breach of Contract
Discussion in 'LTL and Local Delivery Trucking Forum' started by Moon_beam, Jun 27, 2023.
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Magoo1968, Gearjammin' Penguin, hotrod1653 and 2 others Thank this.
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Agreed should had died off long ago. How all these companies hang on from Government hand outs is beyond me. If the little man has to fight for every chance to stay in business so should everyone else. If you can't make it time to hang it up and let someone else do it and get paid.Gearjammin' Penguin, BoostedTeg, cdavis188 and 1 other person Thank this.
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For fun I have tried to get money from the government in terms of funding…..just to see if I could. I am happy to report I have received nothing.Sons Hero, homeskillet, High Stepper and 1 other person Thank this.
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How many years have they been in this situation??…they have been bailed out before and still haven’t learned.
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not talking about the bailout, more of the union and company not working together to save the company.
in the end only losers I see is the middle class. If company goes under jobs are gone.
in the end both are to blame, but one loser.RockinChair Thanks this. -
When the federal government owns almost a third of your stock, the federal government has a vested interest in keeping you afloat and keeping your stock price up.
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Most didn’t get that.
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Yellow should have went under years ago. I agree, don't bail them out. They had multiple chances to fix their company but in the end, poor management is poor management.Gearjammin' Penguin Thanks this.
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Like when General Motors went bankrupt because of poor management, and making junk. The government bailed them out. Guess what? They're still poorly managed and making crap. Should have let them go under.alds, Gearjammin' Penguin, Siinman and 2 others Thank this.
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All of a sudden, people are concerned about damaging the U.S. economy? What the hell was the Covid scam all designed to do? Covid was designed to crush the U.S.
We survived the closure of CF, we will survive if Yellow finally goes tits up. It will be a mess, but we will survive.homeskillet, Gearjammin' Penguin, Siinman and 4 others Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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