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Started By
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re: One awful mess in the trucking industry currently unfolding
Posted on 12/9/19 at 3:12 pm to East Coast Band
Posted on 12/9/19 at 3:12 pm to East Coast Band
0
Posted on 12/9/19 at 3:12 pm to Hogbit
quote:Better yet, just sell the shite in the trailer wholesale and take your sales as a severance package. They can deal with the retailers while they're in court for everything else
Keep the truck and loads til you get the money you are owed.
Posted on 12/9/19 at 3:13 pm to Tri City Tigers
I would think truckers carry a lot of cash since they're eating most of their meals at diners and truck stops.
Posted on 12/9/19 at 3:14 pm to Horsemeat
quote:I don’t know how a trucking company could go upside down in this economy unless their upper management was god awful.
Major trucking company shut down & turned off fuel cards, drivers are stranded all over the country.
Posted on 12/9/19 at 3:14 pm to Horsemeat
Mother trucker!
Posted on 12/9/19 at 3:15 pm to Oddibe
They posted $1B of cargo moved just 4 years ago...
Posted on 12/9/19 at 3:15 pm to Horsemeat
Just in time for the busiest time of year for shipping
Posted on 12/9/19 at 3:16 pm to Oddibe
quote:
$40m+ fine from the feds for fraudulent profit reporting
Pretty awful management don’t you think?
Posted on 12/9/19 at 3:17 pm to Oddibe
quote:
unless their upper management was god awful.
quote:
$40m+ fine from the feds for fraudulent profit reporting which has landed indictments for their 2 executives
I think its safe to conclude their upper management was pretty bad.
Posted on 12/9/19 at 3:17 pm to Horsemeat
Happens often unfortunately... (drivers stranded when employer folds or doesnt pay their fuel card bill).
Posted on 12/9/19 at 3:17 pm to Horsemeat
Shortage of drivers here in the DJ Basin.
Posted on 12/9/19 at 3:17 pm to upgrayedd
quote:
Just in time for the busiest time of year for shipping
Nah baw - holiday rush is over. 90% of the goods are at warehouses and being put in transit in stores or to homes. October and November is the busiest for dry vans, then comes the slowdown until March.
Posted on 12/9/19 at 3:17 pm to Horsemeat
Interesting stuff there.
I wish the drivers the best. Good chance people will chip in to get them home.
I can picture others using this sob story in their pity scam. Ask to see their CDL and medical card.
I wish the drivers the best. Good chance people will chip in to get them home.
I can picture others using this sob story in their pity scam. Ask to see their CDL and medical card.
Posted on 12/9/19 at 3:18 pm to Horsemeat
What kind of freight are we talking about?
Posted on 12/9/19 at 3:18 pm to Horsemeat
quote:
The company has no liability to get the drivers home, but the drivers are responsible for the freight in their trailer and the equipment to the company.
frick that. My load would stay parked until they settled up with me.
Posted on 12/9/19 at 3:19 pm to The Mick
quote:
Happens often unfortunately... (drivers stranded when employer folds or doesnt pay their fuel card bill).
there are some crazy stories about the time Braniff went out the first time, leaving people and planes all over the world, know a few of the people that were involved
Posted on 12/9/19 at 3:20 pm to Horsemeat
It has to be Managment malfeasance to go broke as a trucking company in this economy. There’s lot of freight out there to move.
Posted on 12/9/19 at 3:21 pm to Jim Rockford
quote:
My load would stay parked until they settled up with me.
Sounds kinda gigoloish.
Posted on 12/9/19 at 3:22 pm to Oddibe
Upper management was corrupt. From LINK
quote:
Celadon's former president and chief operating officer, William Meek, 39, and its former chief financial officer, Bobby Lee Peavler, 40, were indicted on conspiracy and other charges. They knew the value of a substantial portion of Celadon's trucks had declined and that many trucks had serious mechanical issues that made them unattractive to drivers, according to the indictment.
Earlier this year, Celadon agreed to pay $42.2 million to settle securities fraud allegations stemming from falsely reporting profits and assets.
Posted on 12/9/19 at 3:22 pm to 777Tiger
Yeah, I have a buddy that drives for Celadon but he's good for cash - he owns his truck and was hired on there as an owner-op. As soon as the fuel card was turned off he dropped the trailer off at their terminal and went home. Decided to take the next few weeks off and start again with a new company after the new year.
The company drivers are the ones that are left stranded. Poor bastards. A lot of those drivers are rookies - Celadon hires and trains newbies and has a pretty high turnover rate. They weren't around the last time a larger carrier went under and left their drivers all over the country. Arrow flatbed. They had something like a thousand drivers and their management all went to prison.
The company drivers are the ones that are left stranded. Poor bastards. A lot of those drivers are rookies - Celadon hires and trains newbies and has a pretty high turnover rate. They weren't around the last time a larger carrier went under and left their drivers all over the country. Arrow flatbed. They had something like a thousand drivers and their management all went to prison.
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