And one more bites the dust
#1
10-24-2008, 10:52 AM
Join Date: Jan 2006
Location: In my own little world, that rides right behind the cab.
Posts: 615
And one more bites the dust
Great Wide filed for bankruptcy. be careful taking loads from their subsidiaries !
#2
10-24-2008, 10:59 AM
Join Date: Jan 2006
Location: In my own little world, that rides right behind the cab.
Posts: 615
#5
10-24-2008, 11:54 PM
Join Date: Jan 2006
Location: In my own little world, that rides right behind the cab.
Posts: 615
Filed yesterday in Wilmington De. Just hope they don't owe you $$ or will never see it. Been thru a couple of "Taken over by investor groups", what they are looking for is to break up and get the tax write off's. Only people who get paid off are the officers of the company.
#7
10-25-2008, 01:14 PM
#8
10-25-2008, 01:23 PM
Well....since "GREAT WIDE" is...or WAS...an "Investor" group to begin with....what new group stepped up to take a shellacking
in the trucking industry? Was it the "American Taxpayer Association"?? :lol::lol::lol::lol::lol: Get it???? The "ATA" ???? :rofl::rofl::rofl::rofl:
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Space...............Is disease and danger, wrapped in darkness and silence! :thumbsup: Star Trek2009
#9
10-25-2008, 11:26 PM
Join Date: Jul 2004
Location: Speedway Indiana
Posts: 1,751
The faster the chains and padlocks are applied to Great Wide, the quicker we will be rid of yet another low rent, bottom feeder carrier. I only wish that I could be there to help.
__________________
Fuel for free. Pre/Post trip for free. Sit at shipper/receiver for free. "Work 80-100, log 70, get paid for 40." Welcome to OTR coolie carrier truck driving!
#10
10-26-2008, 12:14 AM
I expect more of the larger carriers to file for bankruptcy. We seem to be in an epidemic of bankruptcies right now. There have already been over 20,000 carriers to go out of business this year. These involve some with 1 truck to those with several thousand trucks. It will create a difficult situation for some people, but should help the industry by reducing capacity. At some point there will be more freight than trucks. At that point we will see carriers take charge of the rates. Those carriers who have the cheap rates are the ones going out of business first.
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