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rumor about yellow roadway
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<blockquote data-quote="BrownSuit" data-source="post: 546616" data-attributes="member: 14437"><p>This would make sense since the Western Conference sent them to collections for two months of unpaid contributions.</p><p></p><p></p><p></p><p>The TARP request is very true. As for the affect on UPS, This is part of the reason for UPS backing away from its pension obligations and putting it in the hands of the teamsters. Ala Central States buy-out. I wouldn't expect UPS to be affected on the Pension front, the IBT on the other hand . . . </p><p></p><p></p><p></p><p>YRC just sold their corporate headquarters for 22.5M and then leased it back at a cost of 3.4M annual in lease payments. They have generated 200M+ in similar sales of their buildings only to lease them back. This is very shortsighted as a company as many of these properties (including their corporate HQ which appraised for 2.5M more) are being sold well below market value. </p><p></p><p>Bottom line, submit leads for Freight. If you see a freight truck, submit a lead. I'm not going to lie to you, it's going to be very hard to get sold, but there are a lot more opportunities out there, it should be like taking candy from a baby.</p></blockquote><p></p>
[QUOTE="BrownSuit, post: 546616, member: 14437"] This would make sense since the Western Conference sent them to collections for two months of unpaid contributions. The TARP request is very true. As for the affect on UPS, This is part of the reason for UPS backing away from its pension obligations and putting it in the hands of the teamsters. Ala Central States buy-out. I wouldn't expect UPS to be affected on the Pension front, the IBT on the other hand . . . YRC just sold their corporate headquarters for 22.5M and then leased it back at a cost of 3.4M annual in lease payments. They have generated 200M+ in similar sales of their buildings only to lease them back. This is very shortsighted as a company as many of these properties (including their corporate HQ which appraised for 2.5M more) are being sold well below market value. Bottom line, submit leads for Freight. If you see a freight truck, submit a lead. I'm not going to lie to you, it's going to be very hard to get sold, but there are a lot more opportunities out there, it should be like taking candy from a baby. [/QUOTE]
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