Friday, July 31, 2009

YRC CEO - Reports Of Our Death Have Been Greatly Exaggerated

"Although misinformation about our financial stability creates noise in the marketplace......", YRC CEO Bill Zollars

Now what misinformation might that be? That in the last two years you have reported losses that roughly equate to 50% of 2009's anticipated revenues? Or that you have led the company to the edge of bankruptcy by making some of the worst management decisions? I'm sure the stock dropping 99% is because of "misinformation about our financial stability".


The trucking business is awful right now. The business at poorly managed trucking companies is on life support.
posted by TimingLogic at 7:07 AM