YRC giving freight away!

Discussion in 'YRC' started by n3iyr, Apr 19, 2009.

  1. n3iyr

    n3iyr Bobtail Member

    2
    0
    Apr 19, 2009
    Denver Colorado
    0
    YRC has been giving freight away! Local companies here in Denver have been delivering YRC freight. USF Reddaway (non-union here) has been delivering YRC freight to Home Depots. Pick-ups are being given to other companies by YRC logistics to avoid YRC union terminals. Has anyone seen evidence of this?
     
    Last edited: Apr 19, 2009
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  3. OntheRoad2

    OntheRoad2 Bobtail Member

    27
    2
    Aug 14, 2006
    0
    sure have. why take care of a company that does not take care of you?
    lets see, pay reductions.loss of benifits....loss of employment...hmmm,did i forget something else?? oh yeah!!

    jan 6,2010 yrc will have all employss take a 10% pay deduction for a exchange for 155 stock in yrc(yeah, thats so stupid for a dead stock).
    one more last thing..

    yrc has just released 1st quater financials and yrc admited a far worse than expected loss. you see,yrc must maintain 100million of cash at all times or the banks will close on yrc,and will be all over..

    yes i feel sorry for yrc.. get out while you can. because jan 6.2010 it will be one hell of a mess
     
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