YRCW - before you vote NO, please read...

The sad fact of life is that they go down, where will you find a job! your pension will be gone. your health ins. gone . your home, car, boat, and everything else you have worked for.

I don't like the idea. Some of the pickleheads should be gone to on both sides.

I WILL VOTE YES

I would hope that they will lets us do what we have aways done in the past , move freight once and not four or five times needlessly and stop micro managing.

 

Im concerned about economics. When 911 came we got knocked backwards. Now after the high cost of oil and failing economy we at all levels must make cuts. Whats it going to be next? Freight prices have not gone up other then fuel sur charges. Everything else has gone up. VOTE NO!

 

Have to give you kudos for being logical with your post. Although I dislike Unions.

Hopefully, many others will follow.

I was a bit sad to see the extreme drop of the stock. It was doing so well just a couple of years ago, and touted by many of us as the stock and company to watch, and invest in.

 

Revenue guidance is lower for Fedex and Conway, which will hurt them.

If YRCW posts the same sort of guidance, it could be fatal. The debt to EBIDTA covenants of their credit facilities are too close to give them much wiggle room.

 

We're seeing more and more of that. 100% cut in pay.

Makes me wonder if they ever really wanted a job to begin with. Or, whether they think the/a bail out will trickle down to the general public.

 

I'm not with YRCW but I've been a Teamster for years and it's sad to see the divergence in opinions from fellow Teamsters. On the one hand there is a point where you have to make an unexpected sacrifice to try (possibly in vain) to secure a future, on the other hand you have already negotiated a fair contract and have worked hard to earn what you get so making a sacrifice because of problems outside your sphere of influence is a tough sell. Whatever happens I'm pulling for you guys, it's a tough decision and these are tough times all around.

 

The way to strengthening the union, and getting better working conditions for all workers is to grow the union. I think with recent contracts(carhaulers, etc.), we have seen that love him or hate him, Hoffa understands without the companies to hire people, membership can't grow. If you are willing to benefit when times are good, you will need to feel some pain when times are bad. If union companies keep going out, what do you think will be left for you when its time to collect that pension? Do you think that Conway or Old Dominion are going to be looking to hire a driver who worked for a company that went south and the union had a chance to stop it and its members said no?

I understand not wanting to give up hard fought gains, but it is economics 101. 15% gone(or deferred) better than 100% with no prospect of ever getting it back. But what they heck, C.L. Werner has a job waiting for you! $500 a week!