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Old 07-01-2009, 04:22 AM
truckchick1 truckchick1 is offline
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Quote:
Originally Posted by dirtydave View Post
One thing you need to realize is that if by competitive you mean haul cheap freight ABF doesnt play that game. All cutting rates does is turn into a who has the deepest pockets contest. You load the wagons to the doors and run like hell till they lock the gate.(Ever hear of Preston or CF?) ABF plays the waiting game. They tighten down everything they can and try to ride it out.After all your expenses are tightened down there are only two ways to make money , Get more business(not a good idea if its not profitable)or increase productivity(less people doing the same amount of work)Eventually some one will go broke an the decrease in L.T.L. truck capacity will help bring up rates and more work for those left
ABF will not haul freight for cheap. They will wait it out. On the YRC board they have a post where one of their sales reps said that if this pension cut goes thru they can under cut every carrier out there. This will destroy all of our plans for retirement. We can not let YRC take all of us down.
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