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<blockquote data-quote="705red" data-source="post: 474471" data-attributes="member: 5229"><p>Trp did you see the earnings report? 5.4 billion in profits last year. That's our best year yet even in a recession.</p><p> </p><p>Now i understand that we had really bad weather in december and there was a lot of excessive ot due to it all across the u.s.</p><p> </p><p>Yrc's profit was i believe somewhere around 36 million, and they asked for concessions to stay afloat.</p><p> </p><p>Its almost unimaginable to think that a company that posted 5.4 billion in profit would drop that drastic within a year.</p><p> </p><p>The fact is more people are ordering less of items and not in the bulk they were, which means less ltl for freight drivers and more small parcel for us and our competition.</p><p> </p><p>I have read a lot about how bd has dropped the ball on sales leads, now if those leads that we all turned in were sold, imagine were our profit would be. Imagine all that extra work on our trucks daily, yet we have to suffer in losing our stock option plan? </p><p> </p><p>Anyone that stays in this plan at 5% discount of the last day of the quarter is just throwing there money away. You would be better to withdraw from the stock and invest that into your 401k. More bang for your buck, jmo</p></blockquote><p></p>
[QUOTE="705red, post: 474471, member: 5229"] Trp did you see the earnings report? 5.4 billion in profits last year. That's our best year yet even in a recession. Now i understand that we had really bad weather in december and there was a lot of excessive ot due to it all across the u.s. Yrc's profit was i believe somewhere around 36 million, and they asked for concessions to stay afloat. Its almost unimaginable to think that a company that posted 5.4 billion in profit would drop that drastic within a year. The fact is more people are ordering less of items and not in the bulk they were, which means less ltl for freight drivers and more small parcel for us and our competition. I have read a lot about how bd has dropped the ball on sales leads, now if those leads that we all turned in were sold, imagine were our profit would be. Imagine all that extra work on our trucks daily, yet we have to suffer in losing our stock option plan? Anyone that stays in this plan at 5% discount of the last day of the quarter is just throwing there money away. You would be better to withdraw from the stock and invest that into your 401k. More bang for your buck, jmo [/QUOTE]
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