Rumor or some truth to this?

Discussion in 'Dayton' started by FX Sam, Mar 15, 2009.

  1. FX Sam

    FX Sam Member

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    I have heard from 3 different sources now that Dayton is either selling or being forced out by another big LTL carrier.
     
  2. SickWithIt

    SickWithIt Member

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    Don't know.

    The Cronin bros are to smart for that to happen.Maybe
    other TBer's know more?
     
  3. DMT

    DMT Well-Known Member

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    and go to the R & L board and there is the matching rumor they they are buying a east coast carrier.
     
  4. CROCKETT

    CROCKETT Member

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    I really doubt it, they just signed a three year lease on our terminal.
    Maybe in a few years when they retire, also i think they would pass it down to another
    family member. To much gossip, if you'll notice nobody gossips or complains at DAYTON,
    BUNCH OF HAPPY CAMPERS!!!!!!! :USA: :shades:
     
  5. DMT

    DMT Well-Known Member

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    i don't think any company is buying anybody else right now anyway.just thought i would pass on what i had seen.what i can say is some are expanding into bigger buildings while they are less expensive as well as opening new terminals.i say this because OD has done both in a big way over the last three or four months.
     
  6. ltlsalesmagic

    ltlsalesmagic New Member

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    Forced out.......its a private company the only way to force out is put out of business by predatory pricing and the balance sheets of these public companies are in no shape for predaotory action.......the debt at the public companies would make the bankers laugh if they wanted money to buy another carrier. What is needed is for some of the more poorly mananged public companies to go down. Too many trucks chasing too little freight. The discounts our there are out of control. Rumors are easy to dispel when you know the fundamentals.
     
  7. SickWithIt

    SickWithIt Member

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    Rumor's

    So in laymen term's it's all rumor's.The Cronin's do thing's
    planned and studied,not for the sake of it or what the public
    want's(though private owned).Seem to be a good company.
     
  8. mikejones234

    mikejones234 Member

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    ive never heard anything bad about dayton, i know there partnership is very strong with southeastern.
     
  9. ltlsalesmagic

    ltlsalesmagic New Member

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    That's a good way to put it.......they have had offers to sell, but do not want the service product bastarized.
     
  10. SickWithIt

    SickWithIt Member

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    Agree.

    I agree with MJ 234,also with you.You said that DFL has had
    offer's to sell! Is Southeastern one offer and what are the
    other offer's?
     
  11. mikejones234

    mikejones234 Member

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    heard dayton and sefl are merging, any truth to this rumor.:clap:
     
  12. ltltruckerdafg

    ltltruckerdafg New Member

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    one thing to remember dayton is not a deep discount carrier,that's why alot of these carriers are having trouble hauling freight for nothing!!!!!! offer service and they will come!!!!
     
  13. SickWithIt

    SickWithIt Member

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    Not sure

    I do not know.I were phishing from LTLSALES999 to gain
    more insight on DFL. I'm thinking of putting in a app/resume
    but would like more info on them regarding merger/force out
    RUMOR'S.:popcorn:
     
  14. SickWithIt

    SickWithIt Member

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    Bussiness

    How is DFL doing where ur at and system wide?
     
  15. UCallEyeHaul

    UCallEyeHaul Member

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    Amen. Excellent post.
     
  16. ltlsalesmagic

    ltlsalesmagic New Member

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    Sorry for delayed response, be busy selling freight, some mean streets out there! I do not know any any specifics of who offered what but they were turned down because they want to remain private. AF was a family business before Fedex bought them and their culture changed for the worse.
     
  17. Lazer

    Lazer lied to again

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    At one of the first driver rep. meetings I attended,(nearly 10 years ago) This topic came up. Tom Cronin himself stated that when the day came that he no longer enjoyed the freight business we would offer the company too the employee's first since they are ones who got him to were he his today.
     
  18. ltlsalesmagic

    ltlsalesmagic New Member

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    Makes sense to me....
     
  19. imported_drivingmecrazy

    imported_drivingmecrazy New Member

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    And the check is in the mail:nutkick:
     

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