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  1. #1
    Resistance is futile.

    Join Date
    Nov 2007
    Local Union
    391
    Employer
    YRC-Roadway
    Location
    North Carolina
    Posts
    3,281
    Rep Power
    873

    Default After 100 years and a loan, YRC readies for another long run

    YRC officials also admitted the company would not make future EBITDA covenants that lenders expected. And the company had not paid Central States, the largest of its pension plans, since February, causing YRC and unions to negotiate eventual payments. The company was running on fumes and the fumes were thinning, one analyst concluded.

    Here
    Last edited by Jimmy; 08-14-2020 at 05:16 AM.

  2. #2
    Scab Hating Union Thug

    Join Date
    Aug 2009
    Local Union
    222
    Employer
    YRC
    Location
    Utah
    Posts
    28,290
    Rep Power
    1182

    Default Re: After 100 years and a loan, YRC readies for another long run

    Another day of kicking the can down the road........

    Sent from my SM-J327T using Tapatalk

  3. Likes ABFwife, Jimmy Liked this post
  4. #3
    Resistance is futile.

    Join Date
    Nov 2007
    Local Union
    391
    Employer
    YRC-Roadway
    Location
    North Carolina
    Posts
    3,281
    Rep Power
    873

    Default Re: After 100 years and a loan, YRC readies for another long run

    Cant believe its been so many years since the possibility of bankruptcy and it was so possible again without the 700 million loan.... These people cant manage to change a light bulb without breaking it.

  5. Likes 222lifer Liked this post
 

 

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