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New Penn | Purchased transportation being cut

slavenomore said:
Redundant but.....New Penn hardly used any PT.
They hauled 45'x96" trailers which were and are 12'6".
Unstacked.
No dollies.
Everything was owned.

And they were the best OR in trucking for years. After deregulation.

That means full pay rate AND full pension contribution for every 22 skids.

But nobody can survive without PT nor doubles and triples and 5000 skids hauled per driver......and PT also used dollies.


Who's math is off?

Looks like grand theft to the utmost power to me. Everywhere
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It all started with Bill zollars. Yellow was meeting with Roadway to buy them.Yellow turned the table and offered to buy Roadway. Then they bought USF. Zollars son in-law was running Saia. The plan was to bankrupt yellow and shut down all these union companies and funnel the freight over to Saia. Kinda like the CF, Conway deal.
 
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rugrunner said:
It all started with Bill zollars. Yellow was meeting with Roadway to buy them.Yellow turned the table and offered to buy Roadway. Then they bought USF. Zollars son in-law was running Saia. The plan was to bankrupt yellow and shut down all these union companies and funnel the freight over to Saia. Kinda like the CF, Conway deal.
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that is great they shared the plan with you. If the plan was to bankrupt Yellow and funnel the freight to Saia, did they tell you why they bought Roadway, Holland and New Penn?
 
Anchor5 said:
that is great they shared the plan with you. If the plan was to bankrupt Yellow and funnel the freight to Saia, did they tell you why they bought Roadway, Holland and New Penn?
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If you listen to the conference calls. As the CEO is doing there quarterly reports on questions and answers with the people that work for companies that buy and sell stock for the stock market.They basically tell their plans for the company.
 
rugrunner said:
If you listen to the conference calls. As the CEO is doing there quarterly reports on questions and answers with the people that work for companies that buy and sell stock for the stock market.They basically tell their plans for the company.
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And they told you on those conference calls that the plan was to bankrupt Yellow and funnel th e freight to Saisa?
 
Anchor5 said:
And they told you on those conference calls that the plan was to bankrupt Yellow and funnel th e freight to Saisa?
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No they said they were combining the companies. And if you know anything about business. You can see that they were bankrupting the company.Bill zollars son in law is Rick O’dell the CEO at SAIA.
 
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So...knowing that this could happen.......why did the company continue to break the rules, and use purchase transportation, in an illegal way?


.....and we worry about guys smoking cigarettes or not hitting a ridiculous bill count theory, or that guys don't want doubles or that road doesnr want to work dock....


One dumb, persistent management decision......and this is the cost.
Why did they continue?
 
slavenomore said:
Redundant but.....New Penn hardly used any PT.
They hauled 45'x96" trailers which were and are 12'6".
Unstacked.
No dollies.
Everything was owned.

And they were the best OR in trucking for years. After deregulation.

That means full pay rate AND full pension contribution for every 22 skids.

But nobody can survive without PT nor doubles and triples and 5000 skids hauled per driver......and PT also used dollies.


Who's math is off?

Looks like grand theft to the utmost power to me. Everywhere
Click to expand...
Unfortunately New Penn was good decades ago. Back when their competition was only union carriers.
They has good managers leave and things started to go south. Then the buyout...
APA once operated the as best in the nation, again that did not last long
 
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