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Thread: merger/ buyout

  1. #1
    fudgie is offline Senior Member
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    merger/ buyout

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    Has anyone else heard the rumor mill going nuts over a buyout of Vitran, I've heard a few drivers from various companies talking about it, and it makes no sense to me.

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  3. #2
    hotrod69 is offline Senior Member
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    i heard fed-ex

  4. #3
    had enough's Avatar
    had enough is offline Senior Member
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    that's what i was thinking. if they start switching the way they conduct business along the lines fed ex does. if the computer system gets overhauled and the top corp people slowly get changed with former fed ex employees, we will prob wake up one day and there will be a video to watch on a monday morning.

  5. #4
    fartknocker's Avatar
    fartknocker is offline Senior Member
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    This conversation is being had on the Fedex board also. I dont buy it. Fedex bought successful LTL companies to build freight,money makers with good technology. There is already a FXF Canada,so that doesnt jive. Keylon is a great guy,he at least doubled his income with this move.

  6. #5
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    realtree is offline Senior Member
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    Are you Chris Keylon ? you sure do love this dude

  7. #6
    had enough's Avatar
    had enough is offline Senior Member
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    sometimes it's easier to buy someone out rather than compete with them and seeing we're struggling, fed ex could probably buy us cheap.

  8. #7
    had enough's Avatar
    had enough is offline Senior Member
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    Quote Originally Posted by realtree View Post
    Are you Chris Keylon ? you sure do love this dude
    isn't the world suppose to come to an end in 2012 and chris is suppose to return? or is that christ?

  9. #8
    fartknocker's Avatar
    fartknocker is offline Senior Member
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    Quote Originally Posted by realtree
    Are you Chris Keylon ? you sure do love this dude
    Nope,I wish I had his bank account though!

  10. #9
    fudgie is offline Senior Member
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    Quote Originally Posted by fartknocker View Post
    This conversation is being had on the Fedex board also. I dont buy it. Fedex bought successful LTL companies to build freight,money makers with good technology. There is already a FXF Canada,so that doesnt jive. Keylon is a great guy,he at least doubled his income with this move.
    fartknocker, thats what had me confused one of our drivers said he thought they would buy us for the customers only which doesn't make sense since nobody has their own customers anymore. and why would Chris leave Fedex just to be bought out

  11. #10
    simple723 is offline Senior Member
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    In Vitran's forcast, they are talking about replacing purchased drivers with company drivers, reducing maintenance and fuel related cost with newer tractors. The only merger I see is customers that us the supply chain into the ltl segment of the company.


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