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what does a bankrupt yellow corp mean to ups
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<blockquote data-quote="JimJimmyJames" data-source="post: 476602" data-attributes="member: 11425"><p>YRC Worldwide is the biggest LTL in America. I believe Yellow's many acquisitions in the past decade (Roadway, USF, etc.), recent record fuel prices, and a soft LTL market have combined to bring YRC to the brink. Add to that intense competition from mainly non-union LTL's for a shrinking piece of the pie and YRC is facing the perfect storm. </p><p> </p><p>UPS' role as a competitor with deep pockets definitely does not help YRC's position. What does all this mean for us as UPS employees? An opportunity to expand our business if YRC cannot deliver on service and price in the future. What does it mean for us as Teamsters? It will mean more Teamster jobs at UPS if YRC fails but it will also mean more non-union jobs being created at our competitors. Are the Teamsters better off as a smaller union? I cannot see that as being a good thing for us members in the long run.</p><p> </p><p>Unionism in this country is on the way out (especially if we do not get card check legislation passed). UPS, through technology (PAS/EDD), is preparing so that if we ever strike again they can scab and get rid of the Teamsters. If YRC goes under the unions strength in riding out any potential strike against UPS will be greatly diminished leaving us UPS Teamster employees in a very unenviable position. Thus ultimately I do not feel YRC going out of business is a good thing for us.</p></blockquote><p></p>
[QUOTE="JimJimmyJames, post: 476602, member: 11425"] YRC Worldwide is the biggest LTL in America. I believe Yellow's many acquisitions in the past decade (Roadway, USF, etc.), recent record fuel prices, and a soft LTL market have combined to bring YRC to the brink. Add to that intense competition from mainly non-union LTL's for a shrinking piece of the pie and YRC is facing the perfect storm. UPS' role as a competitor with deep pockets definitely does not help YRC's position. What does all this mean for us as UPS employees? An opportunity to expand our business if YRC cannot deliver on service and price in the future. What does it mean for us as Teamsters? It will mean more Teamster jobs at UPS if YRC fails but it will also mean more non-union jobs being created at our competitors. Are the Teamsters better off as a smaller union? I cannot see that as being a good thing for us members in the long run. Unionism in this country is on the way out (especially if we do not get card check legislation passed). UPS, through technology (PAS/EDD), is preparing so that if we ever strike again they can scab and get rid of the Teamsters. If YRC goes under the unions strength in riding out any potential strike against UPS will be greatly diminished leaving us UPS Teamster employees in a very unenviable position. Thus ultimately I do not feel YRC going out of business is a good thing for us. [/QUOTE]
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