Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Trucking giant Yellow shuts down: The 99-year-old company which has almost 30,000 staff and 12,000 big-rigs ceases operations immediately - despite $700M COVID bailout
Daily Mail ^ | 7/30/23 | Harriet Alexander, Sophie Mann

Posted on 07/31/2023 1:25:24 AM PDT by Libloather

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-66 next last
To: Radix

21 posted on 07/31/2023 3:50:42 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
[ Post Reply | Private Reply | To 11 | View Replies]

To: nonliberal

Actually, for a lot of these loans, that wasn’t even the stated plan from the start.

It was just a massive giveaway—of our country.


22 posted on 07/31/2023 3:55:20 AM PDT by 9YearLurker
[ Post Reply | Private Reply | To 19 | View Replies]

To: newzjunkey

“..Why do I find that statement to be evil?...”

Because it is.


23 posted on 07/31/2023 3:56:57 AM PDT by lgjhn23 ("On the 8th day, Satan created the progressive liberal to destroy all the good that God created...")
[ Post Reply | Private Reply | To 9 | View Replies]

To: Alberta's Child

Looks like they were counting on interest rates staying next to nothing for awhile. Lots of people going to be in trouble here as there mortgages come up for renewal - they’re pretty stretched as it is.


24 posted on 07/31/2023 4:05:12 AM PDT by JudyinCanada
[ Post Reply | Private Reply | To 12 | View Replies]

To: Libloather

As they should be.


25 posted on 07/31/2023 4:17:40 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

LOOK FOR THE UNION LABEL


26 posted on 07/31/2023 4:18:44 AM PDT by shoff (Vote Democrat it beats thinking!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

When the government has these kinds of problems and can’t cut costs, they just raise taxes. So, let ME run the operation and I’ll fix it. I’ll strong-arm the other trucking companies out of business and then everyone WILL use Yellow Freight no matter what the rates are. If people running businesses don’t like it, I’ll take their businesses too. Simple.


27 posted on 07/31/2023 4:29:53 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

‘Teamsters have kept this company afloat for more than a decade through billions of dollars in wage, pension and work-rule concessions,’ a union spokesman said.”

Now is the perfect time for the union to step in and show everyone how the company should be run. After all, unions believe they are the reason any unionized entity succeeds.


28 posted on 07/31/2023 4:33:19 AM PDT by Rlsau1
[ Post Reply | Private Reply | To 1 | View Replies]

To: Preachin'

In the summer of 1970, I was working on road construction in MN. The construction company fired the Teamsters dump truck driver for joy riding down main street honking at the girls.

They had me fill in since I had a chauffeur’s licence. The union boss kept coming around to make me sign up and pay the union dues. The road crew would alert me so I could park the truck and pick up a shovel. No one on the crew could tell the union guy where the temp driver was. That went on for several weeks until I left for school in the Fall.

It was the best summer job ever.


29 posted on 07/31/2023 4:53:42 AM PDT by IAGeezer912 (One out of every 20 people on the face of the earth are Americans. We have won life's lottery.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: P.O.E.

“I am convinced we are being set up for a massive nationalization.”

I think so too. Thanks for sharing your observation about the warehouses.


30 posted on 07/31/2023 4:55:21 AM PDT by Jyotishi (Seeking the truth, a fact at a time.)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Libloather

Just think of the wasted tax money for the COVID bailout. Not to mention the interest on it.


31 posted on 07/31/2023 5:00:14 AM PDT by Phoenix8
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tupelo

Would you become an owner/operator in the US today?


32 posted on 07/31/2023 5:06:38 AM PDT by EEGator
[ Post Reply | Private Reply | To 18 | View Replies]

To: Libloather

Where I used to work, a union was foisted on us. The contract language specifially forbade uion members going on strike.

WTF!!??


33 posted on 07/31/2023 5:17:11 AM PDT by SMARTY (“Liberalism is totalitarianism with a human face.” Thomas Sowell)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jyotishi
Looking ahead, will the trucking industry be government-owned?

No, this will be a new form of fascism; the large organizations will be Not-For-Profit organizations, heavily regulated and provided direction by the government. Think of the rules dictating what NFP's can do similar to the federal funding of programs at the state and local level; do what we tell to do, or lose your funding. The difference won't necessarily be funding, but more along the lines of "do what we tell you, or lose you non-profit status."

34 posted on 07/31/2023 5:18:07 AM PDT by Bernard ("No matter where you go, there you are." (Buckaroo Banzai))
[ Post Reply | Private Reply | To 8 | View Replies]

To: Tupelo

Is it possible to be successful as a newbie business owner in a Blue Zone? For example, Illinois, New York, Kalifornia, New Jersey, Taxachusetts, and other places like them, or cities who cater to the Blue ways?


35 posted on 07/31/2023 5:23:16 AM PDT by Degaston
[ Post Reply | Private Reply | To 18 | View Replies]

To: Preachin'

During a summer of my college years a buddy and I had a factory job via a temp firm. The employees were union. It was clear we weren’t liked. We worked harder. You could see them looking at us with a stare, at break time they avoided us like the plague. We’d done nothing to them, it was only later that I learned they were union and hated us because we were making them look bad.

Once I graduated and had a good job, I was scolded by my boss for moving my PC from one desk area to another because I had to unplug & plugin to another outlet - that was union electrician’s job.

In another instance I was writing the technical manuals for custom machinery, the union (within the customer) couldn’t agree if certain tasks were ‘electrical or mechanical’ in nature, so the documentation couldn’t be finished and the machine sat on our floor for months (no delivery until the documentation was complete), while we charged them for it taking floor space. Unreal.

I can appreciate unions having their place. I see it like minimum wage though, I don’t see anyone making that...the market demands more. Would ‘evil’ employers take advantage of employees without unions? Sure, but there’s a lot of jobs out there and people won’t put up with much crap. My only experiences with unions have shown they slow everything down and make everything cost a lot more - to the point where the company is no longer competitive.

I’d argue the threat of employees forming a union provides enough of a motivation to keep employers honest. Once unionized though, the primary goal of the union is to protect the union - not what is best for all.


36 posted on 07/31/2023 5:24:05 AM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Libloather

.


37 posted on 07/31/2023 5:24:15 AM PDT by sauropod (Sun Tzu: “The supreme art of war is to subdue the enemy without fighting”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

Eat the goose teamsters. You scum.


38 posted on 07/31/2023 5:24:17 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: JudyinCanada
I suspect fuel costs and lack of goods to be shipped may be a factor.

Jimmy Hoffa and his pals, both in gummint and the rackets are the real issue with trucking companies.

Since the inception of satellite tracking systems, the over the road driver is the most controlled human worker since Lincoln freed the slaves.

I really feel for those folks that drive the 18 wheeler rigs.

39 posted on 07/31/2023 5:24:42 AM PDT by USS Alaska (NUKE ALL MOOSELIMB TERRORISTS, NOW.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Degaston

I am John Galt.


40 posted on 07/31/2023 5:26:29 AM PDT by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. )
[ Post Reply | Private Reply | To 35 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-66 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson