Page 1 of 2 12 LastLast
Results 1 to 10 of 13
  1. #1
    Getting In The Groove Now.

    Join Date
    Feb 2009
    Local Union
    279
    Employer
    yrc-yellow freight
    Location
    usa
    Posts
    228
    Rep Power
    160

    Default Conway not so great either.

    I found this article to be very interesting, maybe some firepower!!5 Deathbed Stocks? (CNW)

  2. #2
    Getting In The Groove Now.

    Join Date
    May 2009
    Local Union
    677
    Employer
    YRC
    Location
    usa
    Posts
    84
    Rep Power
    137

    Default Re: Conway not so great either.

    Quote Originally Posted by yfs09 View Post
    I found this article to be very interesting, maybe some firepower!!5 Deathbed Stocks? (CNW)
    CONWAY is a deathbed stock!!Best news I've heard all day!!

  3. #3
    I Am Rocking Now

    Join Date
    Mar 2008
    Local Union
    600
    Employer
    YRC-Yellow
    Location
    St. Louis
    Posts
    5,302
    Rep Power
    427

    Default Re: Conway not so great either.

    Quote Originally Posted by lumpedup View Post
    CONWAY is a deathbed stock!!Best news I've heard all day!!
    Me too.

  4. #4
    Screwed by Yellow twice

    Join Date
    May 2009
    Local Union
    957
    Employer
    usf holland Prestron
    Location
    Dayton ohio
    Posts
    181
    Rep Power
    156

    Default Re: Conway not so great either.

    We are all in bad waters I dont want to hear about the other companys tryin to put us out. They are in bad shape also and just tryin to stay afloat and make it. I think it is just a bunch of B.S. the companys and the Ibt are feeding us. JUST VOTE NO

  5. #5
    Getting In The Groove Now.

    Join Date
    Feb 2009
    Local Union
    279
    Employer
    yrc-yellow freight
    Location
    usa
    Posts
    228
    Rep Power
    160

    Default Re: Conway not so great either.

    Quote Originally Posted by top jimmy View Post
    We are all in bad waters I dont want to hear about the other companys tryin to put us out. They are in bad shape also and just tryin to stay afloat and make it. I think it is just a bunch of B.S. the companys and the Ibt are feeding us. JUST VOTE NO
    The other companies will be happy to take your application if it doesn't pass, might want to rethink your vote.

  6. #6
    Getting In The Groove Now.

    Join Date
    May 2009
    Local Union
    251
    Employer
    YRC
    Location
    Providence, RI
    Posts
    398
    Rep Power
    144

    Default Re: Conway not so great either.

    Article - WSJ.com Con-Way Inc.'s (CNW) second-quarter profit dropped 34%, as freight volumes continued their decline and revenue fell across most of the company's businesses

    The company, which had swung to quarterly losses in the past two quarters, said volumes improved sequentially each month in the quarter. Still, Chief Executive Douglas Stotlar said the pricing environment would remain competitive until the market's excess capacity was lowered. that means YRC

    Truckers have reported a steep decline in volume amid the broad economic slump. But the shipping and transportation company is seen as one of the likely benefactors if struggling YRC Worldwide Inc. (YRCW), one of the largest U.S. carriers, were to fall into bankruptcy.

    Con-Way reported earnings of $33 million, or 64 cents a share, down from $50.4 million, or $1.02 a share a year earlier. The prior-year quarter's results included a 4-cent gain from discontinued operations.

    Revenue dropped 21% to $1.06 billion.

    Analysts polled by Thomson Reuters expected earnings of 13 cents on revenue of $1.11 billion.

    Con-way's less-than-truckload unit, which carries goods for multiple customers on the same vehicle and its largest business division, reported revenue dropped 23% as tonnage per day fell 7%.

    In June, the company's less-than-truckload unit rolled out a new pricing system, saying those shipments wouldn't cost more than a full-truckload shipment, removing many add-on charges.

    Revenue fell 13% at the company's global logistics and supply chain management operations.

    Shares were down 0.7% to $35.73 after hours. The shares are up by about a third this year.
    link does not finish story..
    Last edited by graboltski; 07-23-2009 at 06:26 PM.

  7. #7
    Getting In The Groove Now.

    Join Date
    Nov 2008
    Local Union
    20
    Employer
    ABF Freight
    Location
    USA
    Posts
    33
    Rep Power
    138

    Default Re: Conway not so great either.

    Sir you forgot one very important statistic their Operating Ratio was 92.3 for the Second
    Quarter in this weak economy ....That is pretty good as far as I am concerned

  8. #8
    Getting In The Groove Now.

    Join Date
    May 2009
    Local Union
    251
    Employer
    YRC
    Location
    Providence, RI
    Posts
    398
    Rep Power
    144

    Default Re: Conway not so great either.

    They made $33 million. Their stock is at $35.73 on the expectation that YRC fails. Chief Executive Douglas Stotlar said the pricing environment would remain competitive until the market's excess capacity was lowered.They are even predicting our exit from the market.

  9. #9
    Getting In The Groove Now.

    Join Date
    Nov 2008
    Local Union
    63
    Employer
    Ralph's / YRC
    Location
    Chino, Ca
    Posts
    113
    Rep Power
    143

    Default Re: Conway not so great either.

    Last edited by Ziggy; 07-24-2009 at 11:39 AM.

  10. #10
    Not So Fast Scabs

    Join Date
    Jul 2009
    Local Union
    957
    Employer
    USF Holland
    Location
    Dayton
    Posts
    2,022
    Rep Power
    204

    Default Re: Conway not so great either.

    conway a death stock $43 a share, YRCW $1.60 thats 1 dollar and 60 cents a share a great buy.

 

 
Page 1 of 2 12 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349