Coronavirus pandemic gives trucking industry 'wind in its sails' for 2021

[Mike]

The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday that the transportation and logistics industry has "wind in its sails" for 2021 after a 2020 fourth quarter that exceeded revenue expectations.

Darren Hawkins joined "Mornings with Maria" after Yellow Corp. reported wider losses than expected but year-over-year improvements in EPS, operating income, and revenue amid the coronavirus pandemic.

Hawkins credited the momentum to a "pandemic consumer" shift from services to goods strengthing construction and manufacturing but acknowledged a tightening of the supply chain as a result. Yellow Corp. also received $700 million in loans from the CARES Act for new equipment and employee benefits.

Coronavirus pandemic gives trucking industry 'wind in its sails' for 2021

The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday that the transportation and logistics industry has momentum after fourth quarter earnings exceeded revenue expectations.

www.foxbusiness.com

 

[Mike]

That's right, it's "Yellow" again, not YRC.

 

[Rigjockey]

The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday that the transportation and logistics industry has "wind in its sails" for 2021 after a 2020 fourth quarter that exceeded revenue expectations.

Darren Hawkins joined "Mornings with Maria" after Yellow Corp. reported wider losses than expected but year-over-year improvements in EPS, operating income, and revenue amid the coronavirus pandemic.

Hawkins credited the momentum to a "pandemic consumer" shift from services to goods strengthing construction and manufacturing but acknowledged a tightening of the supply chain as a result. Yellow Corp. also received $700 million in loans from the CARES Act for new equipment and employee benefits.

Coronavirus pandemic gives trucking industry 'wind in its sails' for 2021

The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday that the transportation and logistics industry has momentum after fourth quarter earnings exceeded revenue expectations.

www.foxbusiness.com

Yeah. Says the guy who is the CEO of YELLOW trucking, who's trucks are actually ORANGE!
He is a proven Liar!

 

[Sinister]

So is Roadway totally gone then?

I think the only way the public would ever become aware that this money pit of an outfit is essentially the Puerto Rico of trucking would be if shippers quit using them, people quit paying them, and everyone wonders why they don't see them anymore.

Not that anyone sees trucks anyway...

 

[Electric Chicken]

So is Roadway totally gone then?

It will always be in your heart.

 

[Sinister]

It will always be in your heart.

Lower intestines maybe.

 

[Mike]

I find it funny how I was able to post two news links on the same day. One touting the trucking world ending with a record number of companies going out of business, and these guys talking about how great it is.

 

[gearjammer]

I find it funny how I was able to post two news links on the same day. One touting the trucking world ending with a record number of companies going out of business, and these guys talking about how great it is.

truckers!!!
I remember a landstar party where the had a spin artist explain how the fuel surcharge was going to be figured a different way resulting in less going to the O/o, this guy was good I must admit and had the crowd giving him a standing ovation few me included just sat there with our mouths open, wen a friend at our table ask me what was wrong, I asked did you actually listen to what he said my friend assured me he did so I then ask then why are you applauding getting your surcharge cut, dumbass, I could could see the wheels turning in his head and about 15 seconds later he sat down along with a couple of others that overheard our conversation

 

[Electric Chicken]

truckers!!!
I remember a landstar party where the had a spin artist explain how the fuel surcharge was going to be figured a different way resulting in less going to the O/o, this guy was good I must admit and had the crowd giving him a standing ovation few me included just sat there with our mouths open, wen a friend at our table ask me what was wrong, I asked did you actually listen to what he said my friend assured me he did so I then ask then why are you applauding getting your surcharge cut, dumbass, I could could see the wheels turning in his head and about 15 seconds later he sat down along with a couple of others that overheard our conversation

Reminds me of USX trying to tell people how opting out of the per diem was a good idea.