Yellow Freight closure thread

They're already vastly underpaid and get 25% of their pension, so... they're not used to much, if we're honest. Just the good company-paid insurance.

I can't stand what's happened at Yellow, even as it affected me a few years back at ABF (7% pay cut).

But at the end of the day, O'Brien is right. How long are we going to let this drag on? It's been 15 years.

 

A friend of mine is a business agent for Teamsters and has been for many years. When he talks about union stuff people tend to listen. Including me.
He says that Yellow should have been a dairy...the way they milk that cow for every drop reminds him of the old airline days when deregulation came in. You'd think it would have run dry by now but they keep staggering on.

 

And that’s probably has played as big as roll as poor management. Just my opinion though. I am not or have ever been with yrc or any union company

 

Understanding the game is simple. Follow the money. Trucking companies or unions...it doesn't matter. They act in their own best interests. They might give the impression that they're taking the working man into consideration but they only do it to the extent that it benefits them.

 

Ohhhhh...the irony of it all...

Yellow....later disappears into the black....becuz they first went too much "into the red"...because their leader ("Do Nothing Darren"), in his "infinite wisdom"...actually went "yellow"...on the rest of the Team.

I certainly hope the above later proves inaccurate.

-- Lual

 

At the end of January Yellow Corporation handed out stock BONUSES to members of senior management. On February 02, 2023 the opening price of YELL was $3.7000 the high for the day was 4.2500 low for the day was 3.6400 and a closing price of $4.0000. Here are the stock awards:
Leah Dawson---Exec. VP, Gen Counsel, Sec.---51,962 shares
Darrel Harris---- President and COO---127,820 shares
Daniel Olivier----CFO--------------------------32,895
Annlea Rumfola-CIO--------------------------84,586
Douglas Carty----Director-------------------37,594
Matthew Doheny-Director------------------37,594
Javier Evans-------Director------------------37,594
James Huffman---Director------------------37,594
Shaunna Jones---Director-------------------37,594
Susana Martinez--Director-------------------37,594
David McLimon----Director-------------------37,594
Patricia Nazemetz-Director-------------------37,594
Chris Sultemeir----Director-------------------37,594

After the drivers being forced to take pay cuts for around 15 years and work rule changes that benefited only management the board of directors handed themselves bonuses. O'Brien took this as a GIANT F.... YOU Yellow employee teamsters. The Teamsters at the local union halls agreed with O'Brien and vowed to put an end to lowering wages in the truck driving industry.

 

trading at $1.24 right now . its 1400 hours.

 

Nothing against anyone who works there, but I would love to see them go outta business. Just for the fact that they always seem to be in front of me when I'm in a hurry.....

But alas, there will just be another 65 mph left and center lane camping company to fill the void. Maybe J.B Hunt.....

I better stop, my therapist says I shouldn't think of these things, as it will extend my stay in the asylum...

Oh crap! Here she comes with that needle!!!!!

 

We’re governed at 62 I got an old new penn truck that goes 70 don’t tell my boss