More Rumors

Discussion in 'USPS, DHL, Amazon, Drones, etc.' started by stevetheupsguy, Apr 16, 2009.

  1. stevetheupsguy

    stevetheupsguy sʇǝʌǝʇɥǝndsƃnʎ

    Heard a rumor today from a managment person at SouthEastern freight. He says he heard that Yellow/Roadway will be filing for bankruptcy protection. Anyone know, heard anything about this?
  2. mattwtrs

    mattwtrs Retired Senior Member

    This rumor has been going around for a while. UPS Freight is hoping they close up so they can get some "barns" cheap. Their freight will be easy to get.

    I feel sorry for their drivers that I have known for many years. Some of them used to be low seniority UPSer's that had a chance to work daylight and be top seniority when Yellow & Roadway opened terminal's in my area.
  3. Chop

    Chop member

    In March YRC got the banks to reorganize thier debt to the tune of 962 million, so with the Teamsters giving up 10% in wages they have about 9 months of breathing room.
  4. lastoasis

    lastoasis Member

    today on the PA Turnpike I saw ABF tractors pulling Yellow Freight trailers...........did I miss something in the news?
  5. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

  6. grgrcr88

    grgrcr88 No It's not green grocer!

    Not the case, at least not right now.