Wednesday, May 18, 2016 9:35:13 PM
Federal Motor Carrier Safety Administration reports indicate improved maintenance and reduced violations for YRCW trucks and trailers for the trailing four quarters.
http://tinyurl.com/zj6...
10% of the truck fleet and 5% of the trailers have been replaced. At the current pace, in less than five years, more than half the trucks and more than a third of the trailers will be less than 5 years old. In ten years or so, ALL the trucks and trailers will be comparable to the trucks and trailers of the best run LTL carriers.
The safety upgrades inside the truck cabs are already making a BIG difference. No YRCW drivers are falling a sleep at the wheel from apnea.
YRCW is going to survive. There's no bankruptcy in the future. Recovering from Zollars NOT integrating Yellow Freight and Roadways into one company in 2003 when they merged and recovering from buying USF for over $1 billion in cash in 2005 will end up taking a full generation -- about 20 years.
YRCW will be a profitable, superior LTL carrier by 2025, but not a lot sooner.
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM