$outh$side $tre$$
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My bad it must be a differnt one then the one im remembering back in 08. My bad
I am not really sure what you are asking. But, this is my take on what is happening. The account managers that left yesterday, must have had enough. They were growing increasingly unable to convince their customers to use Vitran and therefore they decided to go to companies they could sell for with confidence. Think about it, Vitran, has to be a tough sell. We all pull trailers that read "Vitran", "Pjax", "Milan", and, I am sure somewhere, "Quast". The trailers tend to be non-water resistant, not only on the top, but the bottom, as well. Not to mention, any time there is any weather related issue, it takes us weeks, if not, months, to recover. This is not a reflection of CK, its a fact, and has been a problem for a long time. I think I posted some time ago that the issues with Vitran go back to Gaetz's lack of vision and reluctance to re-invest money into the truck line during "profitable" years. We are all paying for it now.
But i know one thing that is probley on the money . The size of facility is probley too small for the day to day operations....agree or disagree?
Well, before Vitran changed presidents and business went from 16,000 bills a day to a **** poor
12,000 that they are at now, GRR was doing 900. Times have slowed, sure. But they are a major contender.
Mark my words, they will be down 200+ bills by end of 1st qtr.
The company has not made money sence 05 they have lost money for years .Read there own company web site investor relations section
In GRR TM and the sales staff quit along with 1 driver
Yes Greg,
Ann and Pete
I could entertain the thought of Vitran closing its doors as an ex employee for the rest of my life, but it would be insane for me to do so as a current employee. I agree that things could be better, but worst would be 4000 employees out of a job, It bothers me when 1 employee gets sent home due to lack of work. I don't care if the stocks are going for $50 or .50, I will not receive a bonus or profit check , because all i am going to receive is my paycheck. I can tell you that in the years that I have worked at the V it has been profitable. My only advise would be to quit the V if you are not seeing profit.
All of ours went to Southeastern along with our accounts....Not pretty down South men.i heard the majority of people went to c.t. and there's more to follow. i heard possibly another t.m. quitting this week. chasing greatness is changed to chasing our tail.