YRCW article

Made this on my lunch break

 

My dad worked there for 25 years, bought into the union hook line and sinker. I'm talking chief steward currently, in the top in miles, rarely takes off. However, they have cut his pay and pension so many times, that as of this Wednesday he is retiring at 25 years. It's just not worth the stress and he wants to. Draw his pension before it vanishes or gets cut even more.

 

Best hope that the regionals don't get merged into YRC .....

 

Not gonna happen. The USF and other regional names are worth too much to their clients to make a single merger. .

Although CWF will adopt the XPO name after they got bought out. Gonna repaint their trucks and everything.

 

Absolutely right. If there was a buyout or hostile take over they would keep the names. Holland New penn and Reddaway. Customers like us more then the so called company that wants us. Why the regionals profit 30 mil a quarter. Nobody likes YRC just ask the customer.

 

Does YRC own Greatwide or does Greatwide own YRC? Isn't Greatwide also part of the YRC family?

 

Greatwide has nothing to do with YRC as far as I know. As a YRC Employee I cannot comment on the financial condition of competitors. The freight business has changed with the emergence of the 3PL's. It isn't how many trucks you have on the road, or who is biggest, it is who is making a profit on the traffic they handle. Years ago many shipments were moved at very little profit as it would fill up the loads, no more, that freight now sits on the dock and revenue producing freight gets hauled.

 

If you were selling something would you really care what the new owner does with it? YRC was just trying to keep up with ups and fedex when they were buying up freight companies so they could get in the freight business. But as you can see they hung there own self trying to.