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If/when YRCW Goes Bankrupt      5-Jan-09 05:48 pm    
ABF will be the only unionized LTL company left that contributes to the massively underfunded Central States Pension Plan, after the possible demise of YRCW. Does that mean that ABF is then solely responsible for the billions of dollars of underfunding (aside from what the fund can recover from YRCW in bankruptcy)?

In their SEC filings, ABF has estimated what their portion of the underfunding is, so that implies that when YRCW goes bankrupt, ABF's portion would be that much greater.

That's a heckuva big contingent liability.
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rioranch

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  Subject Author Rating Time of Post (ET)  
 
If/when YRCW Goes Bankrupt
rioranch 5-Jan-09 05:48 pm  
 
If YRCW does go out of business which I hope doesn...
upturn75 (1 Rating) 15-Jan-09 08:06 pm  
 
ABF's current liability may be less than $1 b...
fraighter (2 Ratings) 20-Jan-09 01:51 pm  
 
The Teamsters are telling Congress that ...
truckingana... (1 Rating) 24-Jan-09 07:10 pm  
 
At least there is one message on th...
abfhasy Rate it 25-Jan-09 08:53 pm  
 
I don't think that anybody on ...
upturn75 (1 Rating) 25-Jan-09 10:38 pm  
 
All carriers under the fu...
brown.steve... Rate it 26-Jan-09 08:16 am  
 
You are correct.
upturn75 Rate it 26-Jan-09 10:46 am  
 
Fair doesn't ma...
fraighter (2 Ratings) 29-Jan-09 02:16 pm  
 
Please cla...
klewlessinv... Rate it 10-Mar-09 11:19 am  
 
The r...
fraighter 21-Mar-09 05:37 pm  
 
Isnt that the Union/Liber...
aaaarazorba... Rate it 9-Feb-09 04:17 pm  
 
That shoe polis...
bullmktin20... (1 Rating) 19-Oct-09 01:33 pm  
 
You don't know ...
lorrie.dana Rate it 19-Oct-09 09:49 pm  
 
What you fail to consider is that prior to any rem...
t200801 (2 Ratings) 9-Apr-09 09:07 pm  
 
You say that any contingent liability would b...
rioranch (2 Ratings) 10-Apr-09 10:58 am  
 
YRCW isnt going out of business JP Morgan today p...
nicksy66 31-Aug-09 08:58 pm  
 
JPM did not do that. You wouldn't know if th...
yoursourcei... 1-Sep-09 03:53 pm  
 
Go F yourself sourceisopen! no one here'...
yoursourcei... 1-Sep-09 04:00 pm  
 
If YRCW gos upside down so what the...
jtownsend99... Rate it 16-Oct-09 07:03 pm  
 
Jeff, if YRCW goes bust, ABF w...
fraighter Rate it 16-Oct-09 07:55 pm  
 
No NO NO NO NO ! The mult...
bullmktin20... Rate it 17-Oct-09 01:56 am  
 
Listen to the CFO's ...
fraighter Rate it 21-Oct-09 04:50 pm  
 
Link? Tia
humansourcr... (1 Rating) 6-Oct-09 03:42 pm  
 
Wrong..The ABF contribution to the pensi...
blitzbaldbu... Rate it 21-Oct-09 10:02 pm  
 
Everything you said is true. Also ...
fraighter Rate it 22-Oct-09 01:45 pm  
 
Also true is the fact that rem...
cheneyforpr... Rate it 22-Oct-09 03:45 pm  
 
Of course it's not fair. ...
fraighter Rate it 22-Oct-09 06:02 pm  
 
Quite unfair to the ...
blitzbaldbu... Rate it 23-Oct-09 01:08 am  
 
How is it unfai...
bullmktin20... Rate it 23-Oct-09 05:08 pm  
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Arkansas Best Corporation (ABFS)

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