11.29.2005

Update on Santa Claus

11.29.05 - As we do every year at RoadDrivers.Org, we act as a liaison for the North Pole to insure "Mr. C" gets all the necessary correspondence from our readers, and we'll insure you get a response to your letter. Read More

11.16.2005

The Roadway Spy Newsletter...

11.15.05 - Spy discusses massive lay offs at Big R even though tonnage and profits are up. Correspondents discuss the morale being low due to the suspected change of operations forthcoming, along with YRC pulling the carpet out from under the proud members of Roadway Express. Read the report

11.07.2005

Distribution to China: Outsourcing the dock worker

11.07.05 - How do you eliminate the expense of warehouses and dockworkers in America? Outsource it to China.
Yep, who would of thunk it? Ceo's involved with distribution and trucking were quoted in a report at MSNBC that would reduce or eliminate the need of warehouses and dockworkers here in the United States.
Chinese products that normally pass thru American warehouses before they are delivered to their final destination are now being prepared for direct delivery to the customer. The plan that has been put into action allows for the sorting, packaging and labeling of Chinese manufactured goods, in China.

As a result of this attempt by CEO's to reduce expenses, the dockworker has in affect been outsourced.
The MSNBC report quotes Bill Zollars, chief executive of Yellow Roadway as saying "You are skipping a couple of steps in the supply chain and doing it at a fraction of the cost."
Mr Zollars also stated "Yellow Roadway was planning to offer warehouse services for its US customers in China through a recently formed logistics joint-venture."
It was also pointed out in the report that UPS expects to have 50 warehouses in China by the end of this year and plans to open a further 10 next year.


Report Source:
http://msnbc.msn.com/id/9950069/

11.01.2005

DOT & The Guest Worker Program

11.02.05 - Oklahoma City - President Bush and the Homeland Security Secretary Michael Chertoff are pushing a new and improved version of employing immigrants. It has been dubbed as a guest worker program.
The plan will allow Mexicans to come north with jobs already in place. One area of shortages in the job market is professional CDL drivers. This plan will put many Teamster jobs at risk.

Yellow Roadway Corporation Reports Highest Quarterly EPS in Company History

10.27.05 - Overland Park, KS - Yellow Roadway Corporation (Nasdaq: YELL) today announced third quarter 2005 adjusted diluted earnings per share ("EPS") of $1.53 compared to last year's third quarter of $1.38. Third quarter 2005 EPS includes $.04 per share of dilution from the company's contingent convertible notes based on an average YELL stock price of $48.84 for the quarter.