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Thread: 4th Quarter results!!

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    Default 4th Quarter results!!

    YRC Worldwide Reports 2013 Fourth Quarter and Full Year Earnings - Yahoo Finance

    "Today, we have an experienced team, a more competitive union contract, a strong customer base and, for the first time in the last five years, we do not have the overhang of any near-term debt maturities. Going forward, we will be adhering to a strict set of fundamental freight processes that will allow us to improve our on-time service performance at YRC Freight much like we have at our Regional companies. These changes will enable us to provide our customers the best possible service for their specific freight needs," Welch said.

    They had improved results even before more givebacks.. To see what the regional's did is going to piss many a teamster off..

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    Default Re: 4th Quarter results!!

    Operating ratio:



    4thQ2013 year2013

    YRC Freight 102.0% 97.3%
    101.0% 101.2%
    Regional Transportation 94.7% 97.9%
    95.4% 95.7%
    Consolidated 100.1% 97.4%
    99.4% 99.5%

    Looks to me they didn't lose money..Must be those magic pencils..

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    Default Re: 4th Quarter results!!

    YRC Worldwide swings to profit as regional shipment revenue rises - Yahoo Finance


    Feb 27 (Reuters) - Trucking company YRC Worldwide Inc swung to a small profit in the fourth quarter as operating revenue in its regional transportation business rose 10 percent, sending its shares up about 7 percent in premarket trading.

    Doesn't sound like a company that was about to close..

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    Default Re: 4th Quarter results!!

    Quote Originally Posted by crazy View Post
    Operating ratio:



    4thQ2013 year2013

    YRC Freight 102.0% 97.3%
    101.0% 101.2%
    Regional Transportation 94.7% 97.9%
    95.4% 95.7%
    Consolidated 100.1% 97.4%
    99.4% 99.5%

    Looks to me they didn't lose money..Must be those magic pencils..
    Look at those operating ratios.

    Quote Originally Posted by crazy View Post
    YRC Worldwide swings to profit as regional shipment revenue rises - Yahoo Finance





    Doesn't sound like a company that was about to close..
    No crazy, looks more like evidence to a violation of an unfair labor practice under Section 8(a)(3).

    Threats or the use of physical force or violence against employees by an employer or a union to influence their votes.

    The occurrence of extensive violence or trouble or widespread fear of job losses which prevents the holding of a fair election, whether caused by an employer or a union.


    https://www.nlrb.gov/sites/default/f...basicguide.pdf (page 16)
    Last edited by Spaghetti; 02-27-2014 at 09:52 AM.

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    Default Re: 4th Quarter results!!

    So they made $400,000 for the qtr, all this bs for that little amount? I'm so sick of the hype, look at the stock it's up over $2.xx, for now! This pos needs $400,000,000 a qtr to fix this sad excuse for a trucking co.
    loa24y likes this.

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    Default Re: 4th Quarter results!!

    It was all about adjusting the numbers for the executive bonuses. That and kicking sand in the Teamsters faces.
    crazy likes this.

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    Default Re: 4th Quarter results!!

    So ,...... At this rate their is no way they are going to pay off the debt again . Even after screwing the people who actually work . So what is everyone ready to concede in 2016-2017 . 5, 10 % another week vacation ?

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    Default Re: 4th Quarter results!!

    Quote Originally Posted by ayrcguy View Post
    So ,...... At this rate their is no way they are going to pay off the debt again . Even after screwing the people who actually work . So what is everyone ready to concede in 2016-2017 . 5, 10 % another week vacation ?
    They made money [OK not much] but it was before the concessions.. They cried they were going to close,go off a cliff or whatever they could.. They showed a profit and how could that lead to bankruptcy?? Of course there were those big payments but it should have been addressed before coming to the members.. Oh wait the members are an easy target.. And again where was "OUR" guy from the union ??? Oh wait!!! He was lining his own pockets.. IMO they stole from the members to reward themselves.. Stock up 2.50 a share today!! How much did Welcher's portfolio increase??

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    Default Re: 4th Quarter results!!

    Quote Originally Posted by crazy View Post
    They made money [OK not much] but it was before the concessions.. They cried they were going to close,go off a cliff or whatever they could.. They showed a profit and how could that lead to bankruptcy?? Of course there were those big payments but it should have been addressed before coming to the members.. Oh wait the members are an easy target.. And again where was "OUR" guy from the union ??? Oh wait!!! He was lining his own pockets.. IMO they stole from the members to reward themselves.. Stock up 2.50 a share today!! How much did Welcher's portfolio increase??
    I assume many a stock option was exercised in the past couple of weeks? No one is being hauled off to jail yet for insider trading? Our guys on the inside never said a friggen word until this steaming pile needed to be validated as the end all for YRC'S woes? Where were they 9 months ago before the looming deadlines on the notes? The company's financial situation was the same then as it was just before the vote wasn't it? Hmmmmmmm

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    Default Re: 4th Quarter results!!

    I wonder what the operating ratio would be if they were paying full wages and retirement benefits ? How are they ever going to catch up with the competition when at best their barely getting by with all the concessions? It's like a mortally wounded animal prolonging the agony .
    x475 likes this.

 

 
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