摘要: |
THERE WILL BE NO MERGER, acquisition or combination of any sort involving Yellow Corp. and any of its rival less-than-truckload (LTL) carriers. That's the final word from Yellow CEO Darren Hawkins, who says that he has enough going on within his $5 billion company. The subject arose during a conference call with analysts following release of Yellow's fourth-quarter earnings. One of the analysts, Jack Atkins of Stephens Inc., inquired whether Hawkins was interested in merging with any other unionized LTL carrier. The issue also popped up during Montreal-based TFI International's earnings call. TFI now owns the former UPS Freight unit-now known as T-Force Freight-which was formerly called Overnite Transportation. |