YRC has been living on borrowed time for several years. No company can survive by paying wages and benefits so much higher than that of their competition. With the help of the unions, they have priced themselves out of the market. Unless a company can offer their services at a competitive rate they won't stay in business long.
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I'm not the accountant or CFO and have no control over their actions. Glen Moore was losing money because repair costs were very high. It wasn't because they paid 43cpm because they raised the rates before they authorized the raises. It wasn't because of union because they were non-union. My truck was older but it didn't really break down. It was a 2007 with 948k original miles on it but it ran like a champ! The 2005-2006s were breaking a lot more than anything on the 2007s. The older 9400i had a build issue and blowing a wrist pin in the motor was all too common. International corrected that in the later trucks. |
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By the way, Glen Moore was non-union. |
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You miss the point! Celadon stranded me! Celadon controlled the assets after December 15th at about 3:30PM. Celadon forced me to Indianapolis. Celadon refused to get me home after I turned in my issued equipment on good terms. I PAID MONEY OUT OF MY POCKET SO THAT I COULD RETURN THEIR ASSETS. So thoughtful of them! High repair costs are what ran Glen Moore into the ground...not paying drivers a good wage. They raised rates before they gave the raises. If you enjoy working for about 70-75% (along with all of the megacarrier drivers) more power to you! |
Hey madaxeman. You are beating a dead horse around here. Seems like 90% of this forum thinks driving for pennys per mile and being gone for weeks on end for 600/week is a good deal. I gave up. Now i just sit back and laugh. I love the posts when people talk about how great there job is and they make 30cpm lol.
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this remind me of years ago when my friend was all excited about his new job with MS Carriers, right up until he got to orientation and found out he was working for Swift, they forgot to mention that part to him
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