Wilson getting bought out today...

Discussion in 'Wilson Trucking' started by ltlguy2013, Feb 20, 2017.

  1. ltlguy2013

    ltlguy2013 Member

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    Heard it here first.

    Central Freight announces they have purchased all assets of Wilson Trucking
     
  2. ESP

    ESP Well-Known Member

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    Are you sure it was central freight ? or was it central transport ?
     
  3. ltlguy2013

    ltlguy2013 Member

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    Yes sir, Central Freight. Buying them to help their efforts in covering the SE
     
  4. bigbird42368

    bigbird42368 Super Moderator Staff Member

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    I heard Central Transport but it was purchased
     
  5. bigbird42368

    bigbird42368 Super Moderator Staff Member

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    it was freight ...so sad for those drivers still at Wilson. I was hoping it would be Ward to buy them
     
  6. ltlguy2013

    ltlguy2013 Member

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    Well the good thing is that it was someone moving into the SE so, I'm sure their jobs will be okay.
     
  7. a9faninnc

    a9faninnc Super Moderator Staff Member

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    Dont know much about Central but it would be hard for me to believe,it would be a step down for their employees.
     
  8. double m

    double m Member

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  9. double m

    double m Member

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    It may turn out for the better. Wilson has partnered with Central for years
     
  10. a9faninnc

    a9faninnc Super Moderator Staff Member

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    I wonder if Central is buying the entire operations or just parts of it.I would sure as hell rather take a shot with Central,than be part of another Wilson downsizing.Hopefully for the guys still there,it will be the entire outfit.
     
  11. double m

    double m Member

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    Maybe they will keep the truckload division
     
  12. a9faninnc

    a9faninnc Super Moderator Staff Member

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    If I worked there,I would be praying for a complete buyout of the LTL part of it,Baltimore to Miami...
     
  13. ltlguy2013

    ltlguy2013 Member

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    The buy out is everything...customers, contracts real-estate and equipment
     
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  14. Frootloop

    Frootloop Well-Known Member

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    Wow. Well I guess we can't say the writing was not on the wall for some kind of change.
     
  15. kenneth

    kenneth Well-Known Member

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    Think it will be a positive for the employee's for sure.
     
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  16. No1Important

    No1Important New Member

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    Office employees are out of a job...some were given 60 days.
    All truckers, dock workers, technicians and others out in the field still have a job (if Central wants the employees, it's really up to them if they want to hire them).
    Said they saved thousands of people's jobs, but a couple hundred are now out of a job on March 31st.
     
  17. jimmyjoe (jj)

    jimmyjoe (jj) Member

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    Central Freight Lines moved into Atlanta area about a year or so. I believe that they are owned by Swift if I'm not mistaken.
     
  18. Frootloop

    Frootloop Well-Known Member

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    I believe Swift owns central refrigerated (truckload). I don't believe they own Central Freight Lines.
     
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  19. jimmyjoe (jj)

    jimmyjoe (jj) Member

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    The individual that owns the majority shares of Swift owns Central Freight Lines. Look at the Central Freight Lines board
     
  20. a9faninnc

    a9faninnc Super Moderator Staff Member

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    Surely they will need to retain some office personnel.They may have to go through the application process and be treated as a new hire but I would think office employees will be needed.I think it will be an upgrade for the workers retained,across the board....GL
     
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