easyrider

YRC Worldwide: Long-Term Investors Could Still Get In On The Bottom

Trucker is a little misinformed. The wage hike went into effect on APRIL 1, not May 1.
How does he figure that the trucking industry is a "non-union" industry? Maybe he thinks that the company should be more inline with the petroleum industry, where corporate greed dictates profits.
One other thing you can point your figure at, is the strike at AMERICAN AXLE. Not only does in affect that companies profitablity, it affect 1000's of other vendors, which in turn affects their employees. That's a pretty large hit on an economy that's already strained. Think about all the goods that these vendors would normally be shipping.
Trucker needs to tell all the independent Owner-ops. and small fleets that they're in a non-union industry. Maybe that's why they are having their equipment repossesed at record levels.
He needs to WAKE UP!!!!!!!