With the LTL part of the economy being slower, causing a lower daily bill count, and lower gross revenue, they need to trim excess costs to maybe show a 4th quarter profit....
They lost over 20 million in the 2nd quarter this year.Im going to be very concerned if they don't make money in Q3. If they can't make it in Q2 and Q3 Q4 and Q1 will be disastrous.
One of the big points they laid out to shareholders in their plan was the use of straight trucks.
We have been begging for an additional straight truck in Atlanta for 10 years. We've only had two unless 1 was in the shop.They would get so far behind they would contract it out.
Now the brainiacs get 3 more and tell us they can't hire anyone with even a class B.
They hired a couple kids with zero freight experience. Then their brainiac plan is to keep them within 25 miles of the terminal, fill them up and have them come back and get filled up again.
Problem is the 2nd guy that got hired took 8 hours to get off 4 stops and brought the rest back.
In addition this wouldn't do anything to help returns out anyway. It could help route drivers out considerably if we used those straight in the proper way but not hog trying them to 25 mile radius when we drive 100 mile radius.
I told them to hire the guys doing air freight 10 miles from our terminal.There are thousands of them at Atlanta Airport right down the road with freight experience and liftgate experience but they won't hire them because they have a class B.
They abolished the 2 new straight truck bids and put the drivers on dock and we now have 3 straight trucks sitting in the yard and they WILL NOT let our guys in them because they have a
class A. I try to be positive and thankful but unless they hold accountable the people with their straight truck salvation plan and change it immediately it's hard to have faith in them going forward.