Rubber Puckies
Well-Known Member
Anybody concerned? Labor costs 30% higher than competitors? Teamsters going to take out Big Brown like they did Yellow?
Stock price?
- Thread starter Rubber Puckies
- Start date
pkgdriver
Well-Known Member
For the most part Yellow’s management took everyone out.
Thebrownblob
Well-Known Member
The Teamsters labor cost did not take out yellow freight lol. They weren’t even contributing half to the pension anymore.
Amazon and all the retailers got hammered today
pkgdriver
Well-Known Member
Your point? Look at that yield.
A 6.5 yield is nice when the stock doesn't go down 10% in one day.
pkgdriver
Well-Known Member
When you get stock options(MIP/LTIP) does it matter?
Rat bastard
CHEMA-DELMA
Well-Known Member
Glad I sold all of mine
You can buy them back now and double up on what you had
DriverNerd
Well-Known Member
Agreed. Plus all their concessions including taking pay cuts to keep the company afloat. Then the company got $700 million from the government and still let it go to
.
Thebrownblob
Well-Known Member
The management knew what they were doing. They were raping that company into oblivion and then try to blame the Teamsters. Absolutely ridiculous because the Teamsters did everything they could for a decade to try and help keep the company afloat.Agreed. Plus all their concessions including taking pay cuts to keep the company afloat. Then the company got $700 million from the government and still let it go to
Personally, I think they did too much because obviously it didn’t do a damn thing. Yellow Executives should be being investigated and imprisoned the way they handled that company imo.
oldngray
nowhere special
The union bent over and spread their cheeks for Yellow who just took care of management. That company should have never been allowed to get away without paying the pension contributions they owed.
Thebrownblob
Well-Known Member
Those jerk offs even had the nerve to sue some locals on the way out the door!
Well-Known Member
Back From Break
Hostess did the same thing.
The problem with UPS is not the Teamsters. It is Tome and the board.
Reminiscent of Yellow and Hostess.
There is a lot of stocks with big dividends right now
Darmark7
Retired 2020. Not my Problem Anymore!
Darmark7
Retired 2020. Not my Problem Anymore!
I’m just glad for the dividends. $1.63 x 2012 shares= $3,279.56 every 3 months. I will get scared if they ever drop the dividend price.
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