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-   Truck Driving Jobs: What About This Trucking Company? (https://www.classadrivers.com/forum/truck-driving-jobs-what-about-trucking-company-15/)
-   -   Ummmm something really big is happening tomorrow. (https://www.classadrivers.com/forum/truck-driving-jobs-what-about-trucking-company/33023-ummmm-something-really-big-happening-tomorrow.html)

gmh 03-24-2008 07:25 AM


Originally Posted by mbadriver
Debt? Having debt is prudent financial management. Ever hear of leveraging?


Originally Posted by Twilight Flyer
Probably the fact that they are hundreds of millions of dollars in debt right now. :shock:


Yeah, I got me an MBA also, and you should remember from finance that one can be overleveraged.

Which might be the case with Mr. Moyes.

CrazyTulip 03-24-2008 07:38 AM


Originally Posted by gmh

Originally Posted by mbadriver
Debt? Having debt is prudent financial management. Ever hear of leveraging?


Originally Posted by Twilight Flyer
Probably the fact that they are hundreds of millions of dollars in debt right now. :shock:


Yeah, I got me an MBA also, and you should remember from finance that one can be overleveraged.

Which might be the case with Mr. Moyes.

Your guess is as good as mine! They like to talk 'secretly' here, like in elementary school: "I know something you don't but I can't tell you". :roll: :lol: Then don't say anything at all. Thing is they want others to know they supposedly know more than you and I do but then won't tell you :evil:

gmh 03-24-2008 07:41 AM


Originally Posted by CrazyTulip
Your guess is as good as mine! They like to talk 'secretly' here, like in elementary school: "I know something you don't but I can't tell you". :roll: :lol: Then don't say anything at all. Thing is they want others to know they supposedly know more than you and I do but then won't tell you :evil:

Sadly, I'm sitting around waiting for a load, so this idle gossip passes for entertainment :D

CrazyTulip 03-24-2008 09:44 AM


Originally Posted by gmh

Originally Posted by CrazyTulip
Your guess is as good as mine! They like to talk 'secretly' here, like in elementary school: "I know something you don't but I can't tell you". :roll: :lol: Then don't say anything at all. Thing is they want others to know they supposedly know more than you and I do but then won't tell you :evil:

Sadly, I'm sitting around waiting for a load, so this idle gossip passes for entertainment :D

Sorry you're waiting for a load. I guess this is indeed better entertainment than nothing. :lol:

Jeffro 03-24-2008 09:50 AM

Oh well,

I guess something really big did not happen. What are we going to do?
At least it was interesting for a day or two.

Good luck everybody.

Twilight Flyer 03-24-2008 09:57 AM


Ok maybe I must have missed it, but what two companies with 600+ trucks went under this past week?
Rush out of Michigan and Richardson out of Virginia closed up last week. Both were in the neighborhood of 650 trucks.

truckerpreacher 03-24-2008 10:25 AM

Don't know if Rush has closed, but their website is still active and they are still answering the phones.

Not questioning you, just stating facts...

Twilight Flyer 03-24-2008 11:10 AM

There are 2 of them. The one we got the message on that had closed up (we've been getting a lot of calls from their drivers, too) is the one up in Grand Rapids. I think the other is in Indiana.

geomon 03-24-2008 12:06 PM

With all the turmoil and upheaval in this industry, me thinks it's going to be busy for ya this year Twilight....

Bumper 03-24-2008 12:09 PM

Here is something big....Sirius just got permission to buy XM......

Now that is big!!!!!


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