Possible buy out

Discussion in 'Saia' started by Flip1, Jun 19, 2016.

  1. Flip1

    Flip1 New Member

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    Hey has anyone heard any thing about Saia buying New England Motor Freight. Just curious, maybe it is just some more bravo sierra floating around the barn
     
  2. runawaytrain

    runawaytrain Wear their scorn with pride.

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    If there is anything I've learned in my 40+ years in this business its that those sort of things you will never see coming. Those things never leave the boardroom until the day it's announced. It's all just speculation.
     
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  3. sabresfan

    sabresfan Active Member

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    I highly doubt it. NEMF is union.
     
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  4. rollerskater

    rollerskater Member

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    I don't nemf.com is union , unless they went recently
     
  5. conartist

    conartist Active Member

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    Theyre in the machinsts union. (IAM)
     
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  6. Crazy Trucker

    Crazy Trucker Clown Math Expert

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    :biglaugh:
     
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  7. conartist

    conartist Active Member

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    This is what our ceo said about expanding in the northeast, according to our most recent earnings call...
     
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  8. rollerskater

    rollerskater Member

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    Sorry I was referring to I b t international brotherhood teamsters freight
     
  9. gearraker

    gearraker Active Member

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    This was brought up with one of the vps in our quartely meeting...he said we are in the planning stages of pa and nj...and will probaly take place in 2017
     
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  10. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    We had a guy quit the Con-job to run at NEMF. He says there is some partnership between the two companies. As NEMF doesn't go very far south or west and SAIA doesn't go very far north and east. He also says as soon as the old man dies NEMF is for sale. There maybe a tabled agreement that is conditional. He also says that the union at NEMF is run by the old man and is no hurdle in anything.

    Just what I heard from one truckers mouth. With the economy like this there are going to be acquisitions and consolidations. Just look at this XPO thing. WTF, really ?

    These cycles occur over and over in trucking. A business gets big and leaves a space for someone small to take advantage and then they get big and then it repeats.
     
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  11. rollerskater

    rollerskater Member

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    U r correct both interline some
     
  12. renegaderider

    renegaderider Active Member

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    Had a dispatcher say yesterday Saia bought Ward trucking anybody else heard this
     
  13. gearraker

    gearraker Active Member

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    Been hearing this for years
     
  14. ESP

    ESP Well-Known Member

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    Actually I heard that Saia, was going to purchase UPSF. :bouncy::lmao:
     
  15. Local_Driver

    Local_Driver Pyle People deliver

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    Owned by the Shevell family, who's daughter is married to Sir Paul McCartney:icon dance: O bla de O bla da
     
  16. BIG R GUY

    BIG R GUY COOP Dispatch GPS Division

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    And YRC, for their top management....
     
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  17. Local_Driver

    Local_Driver Pyle People deliver

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    Belive everything you read here, the Internet never lies
     
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  18. Redskins

    Redskins Member

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    That's beautiful!
     
  19. bigbuck

    bigbuck Active Member

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    I heard that Rick O. Was retiring and that they hired Hillary to take his position.
     
  20. Buggybruiser

    Buggybruiser Active Member

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    But I did here Obama was taking linehaul spot in GLK in Feb. Saw the app myself.....
     

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