Breaking news---harry is gone--replaced today.

[uwork4me]

Was told by insider harry was given the boot....who's next ?

[wavking]

http://www.streetinsider.com/Press+R...r/7079898.html
I got 4 google alerts on this within 15 minutes.

WESTAMPTON, N.J., Jan. 12, 2012 /PRNewswire/ -- New Century Transportation announced today that transportation industry veteran Terrence M. Gilbert, former president of Roadway Express, Inc., has been named the company's new Chief Executive Officer. Harry Muhlschlegel, the company's founder, is retiring from his operating role and will remain on the board of directors of New Century as Vice Chairman.

[skullduggery]

Let the cuts begin!

[Local_Driver]

I'm sure as I type this post right now there are people from the "H" team updating their resumes, and going thru the trade papers. I'm sure in the next few weeks there will be a sweeping change in management and a used furniture sale on the dock.
This was long over due over there and maybe to late! As I said once before " When Harry leaves so does the freight"
Good luck guys and gals over there!!!

[skullduggery]

Actually i am quite surprised Jeff Cap didn't replace him sooner........i believe the last 5 years they have posted a loss.
If true,he didn't leave much of a legacy

[skullduggery]

I'm sure as I type this post right now there are people from the "H" team updating their resumes, and going thru the trade papers. I'm sure in the next few weeks there will be a sweeping change in management and a used furniture sale on the dock.
This was long over due over there and maybe to late! As I said once before " When Harry leaves so does the freight"
Good luck guys and gals over there!!!

talked to a conway driver...said they are already picking up extra freight

[Local_Driver]

Reading the Newswire I saw a lot of simularitys between the New CEO of New Century Terrence Gilbert ,and the ex-CEO of
Jevic Transportatio Dave Gorman. Both Came from Roadway, Both Were Regional VP of Sales. Mr Gorman took over for Paul Karvois, who was Harry's Replacement when Harry Left Jevic, And Mr. Gilbert taking over for Harry, All who stepped in during a volitil time in those companys history. If its the one thing we learned with history is! A salesman doesen't make for a good CEO! I talked to a driver from NC on friday and he was very upset by the recent events..as I said many times before, When Harry goes so does the freight!

[skullduggery]

Reading the Newswire I saw a lot of simularitys between the New CEO of New Century Terrence Gilbert ,and the ex-CEO of
Jevic Transportatio Dave Gorman. Both Came from Roadway, Both Were Regional VP of Sales. Mr Gorman took over for Paul Karvois, who was Harry's Replacement when Harry Left Jevic, And Mr. Gilbert taking over for Harry, All who stepped in during a volitil time in those companys history. If its the one thing we learned with history is! A salesman doesen't make for a good CEO! I talked to a driver from NC on friday and he was very upset by the recent events..as I said many times before, When Harry goes so does the freight!

well said.....bravo!

[a9faninnc]

If NC hasn't turned a profit in a few years,my question is what makes Harry so special,maybe his tendencies in a CEO role have passed him by.Seems to me,management is extremely overstaffed.Ive worked for a few LTL,s and this one is very different.

Maybe some new blood,at the top,is exactly what NC needs,much to the dismay of alot of past employees.

[uwork4me]

jeffries finally pushed their weight around...they made the company make many internal changes. and when they still saw no results they made harry retire..the fact is the competition is fierce and more resourceful . history has repeated itself again with harry..if NCTY cant get the ipo or sold i think their days are numbered.