That is true..It is a Federal law.Employees always get paid before creditors. May take a while, and it may be at pennies on the dollar, but employees always come first. Federal Law.
I read that the exec's at Hostess are getting big bonus's despite their demise...A judge ruled this...Wonder what the labor will get? What a slap in the face..
Yeah, isn't that nice, institute bonus programs JUST BEFORE you file bankruptcy, the rules say you can't give anyone a bonus (or raise for hourly) while you are under bankruptcy terms.
ang lamar that was harsh, but I think I have to agree with you, something has to give at vitran, cuz what they are doing now isnt working at all, they are getting deeper and deeper in debt. It felt like a elephant jumped off my back last week when I turned in my uniforms and gave my T.M. the comdata fuel card. 5years of service and a .25 raise for my hard work.
I remember one of my regular customers slamming Vitran right after the buyout (when we were still operating separate) saying how all their equipment was junk and unsafe and they refused to load it anymore and the company in general was horrible, and I remember thinking when I heard of the buyout "we were bought out by who, that little rinky dink operation" I should've jumped ship then, and now I've got enough years in where I need to ride this all the way to the bottom and hope for a miracle.ang lamar that was harsh, but I think I have to agree with you, something has to give at vitran, cuz what they are doing now isnt working at all, they are getting deeper and deeper in debt. It felt like a elephant jumped off my back last week when I turned in my uniforms and gave my T.M. the comdata fuel card. 5years of service and a .25 raise for my hard work..... and they wonder why they have the highest turn over in the business. good luck to all the original vitran employees, and good luck to all the original P-jax employees. Seems to me that everyone back in 2007- and 2008 was making a profit, until gaetz got really greedy and turned this place into the butt of all LTL trucker jokes............