YRC Worldwide Inc (YRCW)

[GuyBig]

No firm is buying YRCW. Look back to my previous posts about that.

Welch sold a 100,000 shares in anticipation of seeing his adult children and extended family over Thanksgiving and Christmas. I assume he gifts the kids and grandkids with cash, not YRCW stock.

The new investor relations guy at YRCW returned my call and said Welch sold the stock for routine estate planning. Welch called his I/R guy before the filing to deal with calls like mine.

Welch does not pay that much attention to the stock price or to his own compensation. He's running YRCW to keep the firm in business and to keep people working. I know that's hard to believe, but go to Seeking Alpha and read the conference calls since he's been at the top. Nearly all the transportation executives out there treat their people far worse than he does. He's earned the respect of trucking industry CEO's. At industry conferences, everybody turns up to hear Fred Smith who created Federal Express and everybody turns up to hear James Welch.