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Well me b a thinkn that this thread is another spin-off of some of the soap operas on CBchannel 19,
As the Wheel Turns(As the World Turns), or maybe from Shining Light(Guiding Light) or, heck, you all get my drift..... |
What happened: A driver called Sheep looking for another low paying gig and just mentioned he thinks Werner is shutting down. Sheep got excited and ran here considering his source quite reliable.
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Guys I know Sheepdancer. He is not the kind of person to say something big is in the works and not follow thru. It is called he releases it before it goes PUBLIC it could cause a pnaic for whatever company is involved but from what I am seeing in the Markets there are some MAJOR carriers in trouble more than ONE right now. We lost 2 600 truck fleets this week and more are about to drop soon and we all know it. Normally on 80 I see all Kinds of TMC's saw maybe 10 compared to 40-50 on a normal day. Face it we are in a perfect storm right now and if you are a CEO that is out of Credit and Cash you are SCREWED. Trans AM pulls in and out of a HUGE Tyson DC near me called a spotter buddy I worked with at my first OTR company they are not servicing their contract all of a sudden.
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Its been 48hrs and I aint seen nuthin :wink:
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Where there's smoke there's usually fire. I'm sure Sheep heard of something but the events have changed course or are just slower materializing than originally thought.
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I got it all figured out. Everything that has been posted in this thread is true. We were all looking for one company, when in fact it involves several companies. Swift bought out JB, Schneider bought out TMC, CRE bought out everyone, then CRE promptly filed bankruptcy.
One driver mentioned on the CB this morning that Swift filed bankruptcy. I asked him how he knew this and he said look around, you don't see any of their trucks do you? I then noticed that I didn't see another Swift truck from Cleveland to Cincy. Ok, in reality, I quit looking (and caring) after about 10 miles, BUT I did not see one in that 10 mile stretch. That alone says a lot and surely must mean that they have parked all their trucks. In a TS around Columbus one guy said on the CB that Maverick had let go 25% of their drivers earlier this week. Then a guy chimed in that he had been with Maverick for 3 months and this was news to him. Surely 25% would encompass at least the last 3 months? Then I check my email and I get a recruiting email from Schneider with the following text. Quote: REALITY CHECK Trucking has become a tough business. A slumping economy is driving freight volumes down. Some trucking companies are going out of business and many are slasing (their typo, not mine) their fleets by up to 25%. So what about Schneider? We view these challenges as opportunities to grow. We are keeping our drivers busy by moving the freight that our competitors can no longer take. WE WILL NOT BACK DOWN. Our Sales force is in the marketplace winning new freight every day and our drivers are providing exceptional service to our existing customers, so the freight we have today is the freight we'll keep tomorrow. If you view yourself as a winner, come join a winning team. You will get miles. You will get higher pay. This all leads me to believe that Sheep is probably correct and that something big is about to happen. What it is we will have to wait and see. Most likely someone is buying someone out or someone big is filing bankruptcy. Probably a major carrier. One thing is for certain though, regardless of who or what it is, it most likely will not affect me. |
I guess he was talking about CAD being sold to new owners........
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Ummmm something really big is happening tomorrow
This thread started Wed Mar 19, 2008 9:11 pm Ummmm something really big is happening tomorrow .
Someone please let me know when it's tomorrow! http://host459.ipowerweb.com/~vpnavy.../killingme.gifhttp://host459.ipowerweb.com/~vpnavy.../killingme.gifhttp://host459.ipowerweb.com/~vpnavy.../killingme.gif |
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