Random LTL Rants (all are welcomed)

Yup. And the first thing those muppets at corporate are going to do is pat each other on the back and give themselves a hefty bonus for twisting enough arms and saving the parent and the subsidiaries. And supposedly this is just a loan but we will see.

And no, I shouldn't complain cause I work for one of the subsidiaries and have a job to come back to. But deep down inside I hope someone more competent will buy us out.

 

Thanks for clarifying that. However, I wouldn't put it past them to use this incident to justify a bonus out of future profits.

 

It's technically accurate. At least for my company that falls under the YRC umbrella. We haul a bunch of parts and components to the big companies like Boeing. A bunch of our military hardware and vehicles depend on a flow of replacement parts from these companies. So yeah, we are technically a critical piece in the military supply network.

The counterargument to that though is that if we fold, someone else will pick up those accounts. The problems we are having are not industry wide. Instead, all the money we are hemorrhaging are self inflicted wounds caused by years and years of poor corporate leadership and management.

All the other companies, including YRC subsidiaries are operating at a profit. YRC is just playing their usual old hand: "nevermind our screw ups, think of the employees and their families". I doubt any of it will be paid back. They literally need the money just to make payroll and pay months of health insurance premiums that they have fallen delinquent on.

My terminal manager at Reddaway said it best. "YRC is the boat anchor that is sinking all our ships.". He said this ,7 years ago. And look at them now, they get another $700 million after all this time to get their crap together. Instead, they are too busy emptying the floodwater by drilling more holes into the hull. And none of my rant has anything to do with the drivers or lower guys. But that company is too stupid to mature itself out of their reckless spending.

 

Depending how the weight is, it can make for one butt pucker of a ride. They once loaded my pup with 2k lbs worth of pallets down the driver's side and 14k worth of long steel beams down the right side.

The trailer was leaning heavily towards the right, and anytime I made a left turn the wheels would gradually go from squatting to slowly raising off the ground. I was pretty pissed that they didn't center load the beams and put the other six pallets on a separate pup. I honestly thought I came close to rolling my truck and trailer.