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.

  1. JoeyJunk

    JoeyJunk Road Train Member

    8,763
    68,018
    Dec 31, 2010
    Washington, PA
    0
    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.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Siinman

    Siinman Road Train Member

    4,958
    12,370
    Mar 5, 2017
    Kansas City, MO.
    0
    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.
     
  4. JoeyJunk

    JoeyJunk Road Train Member

    8,763
    68,018
    Dec 31, 2010
    Washington, PA
    0
    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.
     
  5. drvrtech77

    drvrtech77 Road Train Member

    13,076
    122,217
    Mar 20, 2010
    0
    How many years have they been in this situation??…they have been bailed out before and still haven’t learned.
     
  6. LoneRanger

    LoneRanger Road Train Member

    3,604
    9,254
    Jun 3, 2018
    0
    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.
  7. RockinChair

    RockinChair Road Train Member

    4,644
    11,250
    Feb 19, 2012
    CC, TX
    0
    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.
     
  8. Judge

    Judge Road Train Member

    12,204
    78,780
    Mar 19, 2014
    Arkansas
    0
    Most didn’t get that.
     
  9. cdavis188

    cdavis188 Road Train Member

    2,796
    11,086
    Jun 10, 2021
    Salina, KS
    0
    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.
  10. cdavis188

    cdavis188 Road Train Member

    2,796
    11,086
    Jun 10, 2021
    Salina, KS
    0
    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.
     
  11. Lazer

    Lazer Road Train Member

    1,626
    2,528
    Jan 22, 2017
    0
    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.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.