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The future of Xpo

As a current employee do you think Xpo LTL as it operates now will survive in the long haul ?

  • Yes

    Votes: 21 25.0%
  • No

    Votes: 63 75.0%

  • Total voters
    84

Steward of the Rock

Well-Known Member
The pendulum seems to have swung the other way. Labor demands are now costing American jobs. Technology has made labor a global commodity. Between actual labor costs and government mandates, good jobs that support families are gone. The Textile Workers Union is a prime example as is the Teamsters.
Have you lost your mind? You have trucking companies paying $30 plus dollars an hour/.74 plus cents per mile right now. You have grocery stores and fast food restaurants paying $15 plus dollars an hour right now. And yet there are still hundreds of thousands of jobs going unfilled. So please explain how Labor is costing good American jobs that can support families. If you can’t find a good paying job right now, it is because you are not looking.
 

OV-10

Well-Known Member
I won't argue that either. The labor movement of "so long ago" has accomplished what it set out to do. All of the original goals are now federal labor laws. The pendulum seems to have swung the other way. Labor demands are now costing American jobs. Technology has made labor a global commodity. Between actual labor costs and government mandates, good jobs that support families are gone. The Textile Workers Union is a prime example as is the Teamsters.
Demonizing corporate America and demanding that profits belong to employees is what is killing unions and costing jobs. That was easy and doable after World War 2. The United States was the only strong viable economy. Companies could produce junk, pay skilled wages to unskilled workers and still make outrageous profits. It took 30 years but the world caught up and became competitive. GM laughed at Honda and Toyota. They are not laughing now. The closed textile mills in the south are now building Kia and Hyundai. Chrysler is now an Italian company.
Lol, that’s some anti - work stuff there . Lol
 

Razorblade

Well-Known Member
How dare you want more? During a driver shortage you should take less....at least that is how my friend feels....except he wants medicare for all because his wife pays too much for health insurance.....I told him he should buy stock in these profitable insurance companies...
I have said many times that I only buy professionally managed mutual funds. Lay people attempting to build a portfolio by buying individual stocks is a fools game.
Insurance is not healthcare. Insurance limits healthcare choices to "in network" providers. Do you really want cancer care from the lowest bidder? A country that believes only the wealthy deserve quality healthcare is a third world country. When only one developed nation on the planet does not have a national health service, when that nation has the highest per capita cost in the world, when that nation is not in the top ten countries for quality of healthcare, when that nation, The United States, has higher ******* rates and lower life expectancy than the top ten, that nation needs to embrace the national healthcare model of the top ten.
The driver shortage is manufactured by government. Mandates, regulations, licensing requirements and restrictions that prevent the driver pool from growing are the biggest cause of the driver shortage.
How dare you want more? I believe that is the very definition of greed. More is better and more is never enough. Labor is a cost of doing business. When costs of production exceed what the consumer will pay, the company fails and employees are out of work, killing the golden goose.
600+ union trucking companies have failed because their cost structure was not competitive. They all followed the same model. Higher labor costs were offset by reduced investment in equipment, facilities, training and maintenance. Companies survived on cashflow. Near the end, they began consolidating terminals and selling assets. Linehaul became meet turns to avoid layover costs. That created empty miles and lowered load averages increasing cost per hundred weight. The union has allowed YRC to stay alive by lowering wages and virtually eliminating payments to pension funds. The Teamsters are playing Yellow's game of keeping the dues money flowing as long as possible all the while knowing there is no chance of survival. It always ends the same way. The day will come when YRC can't make payroll. The union then terminates your health insurance.
 

Steward of the Rock

Well-Known Member
I have said many times that I only buy professionally managed mutual funds. Lay people attempting to build a portfolio by buying individual stocks is a fools game.
Insurance is not healthcare. Insurance limits healthcare choices to "in network" providers. Do you really want cancer care from the lowest bidder? A country that believes only the wealthy deserve quality healthcare is a third world country. When only one developed nation on the planet does not have a national health service, when that nation has the highest per capita cost in the world, when that nation is not in the top ten countries for quality of healthcare, when that nation, The United States, has higher ******* rates and lower life expectancy than the top ten, that nation needs to embrace the national healthcare model of the top ten.
The driver shortage is manufactured by government. Mandates, regulations, licensing requirements and restrictions that prevent the driver pool from growing are the biggest cause of the driver shortage.
How dare you want more? I believe that is the very definition of greed. More is better and more is never enough. Labor is a cost of doing business. When costs of production exceed what the consumer will pay, the company fails and employees are out of work, killing the golden goose.
600+ union trucking companies have failed because their cost structure was not competitive. They all followed the same model. Higher labor costs were offset by reduced investment in equipment, facilities, training and maintenance. Companies survived on cashflow. Near the end, they began consolidating terminals and selling assets. Linehaul became meet turns to avoid layover costs. That created empty miles and lowered load averages increasing cost per hundred weight. The union has allowed YRC to stay alive by lowering wages and virtually eliminating payments to pension funds. The Teamsters are playing Yellow's game of keeping the dues money flowing as long as possible all the while knowing there is no chance of survival. It always ends the same way. The day will come when YRC can't make payroll. The union then terminates your health insurance.
Blade, I painfully read this whole post, and the only thing I got from it was that you got your share (great pay, insurance, pension, etc.), got out, and now claim the Teamsters are worthless. Does that pretty much sum it up? You disgust me.
 

ABF381

Well-Known Member
Staff member
Super Moderator
Premium
I have said many times that I only buy professionally managed mutual funds. Lay people attempting to build a portfolio by buying individual stocks is a fools game.
Insurance is not healthcare. Insurance limits healthcare choices to "in network" providers. Do you really want cancer care from the lowest bidder? A country that believes only the wealthy deserve quality healthcare is a third world country. When only one developed nation on the planet does not have a national health service, when that nation has the highest per capita cost in the world, when that nation is not in the top ten countries for quality of healthcare, when that nation, The United States, has higher ******* rates and lower life expectancy than the top ten, that nation needs to embrace the national healthcare model of the top ten.
The driver shortage is manufactured by government. Mandates, regulations, licensing requirements and restrictions that prevent the driver pool from growing are the biggest cause of the driver shortage.
How dare you want more? I believe that is the very definition of greed. More is better and more is never enough. Labor is a cost of doing business. When costs of production exceed what the consumer will pay, the company fails and employees are out of work, killing the golden goose.
600+ union trucking companies have failed because their cost structure was not competitive. They all followed the same model. Higher labor costs were offset by reduced investment in equipment, facilities, training and maintenance. Companies survived on cashflow. Near the end, they began consolidating terminals and selling assets. Linehaul became meet turns to avoid layover costs. That created empty miles and lo
I have addressed everything you posted at one time or another....I'm very well aware that health insurance and health care are two different things, are you really that thick that you don't understand that everything you believe about capitalism is contrary to what Medicare for All is, it is socialism and that you whine about it (socialism) on most of your posts? Like I said buy into health insurance companies so you can enjoy a share of the profits, just like you tell truck drivers to buy into trucking companies to get some of the profit...practice what you preach!
 

Fly-by-night

Only when you care to send the very best
It’s believed that 20 % of the market is individuals and day traders not 10%. That 20% can move an individual stock price pretty significantly When they are motivated by misinformed market analysis and speculation. Just look at Game stop. If enough press is put out by a company such as Xpo does about awards they win , tech buys ect. It can move a stock price. Jacobs is a master at this art. watch Xpo stock compared to it peer stocks in transportation . Xpo has a larger daily swing than it’s peers . This is that 20% trying to take daily profits . I’m no stock guru but that’s my take. I do recognize you point on institutional buyers being the majority however. The 20% are very influential in the market in general though . Technology has made it much easier for individuals to do so.
Real money is made in stock investments if done correctly much more the investing in funds. That being said for the average investor your advice on dollar cost averaging in an indexed mutual fund probably is the best route and more secure over time. However real wealth is created in individual stocks . Also for the record I do not Day Trade.
Reading you post on the stock market is so laughable. You told us on here many time you buy and sells stock. You even said that how you pay for you news cars. You may not day trade but you do trade. Investing in mutual funds are a great way to create wealth and can be alot safer then individual stocks. Dollar cost averaging is how I buy my stocks and have been for years. I also stop buy stock that don't pay a dividend looking for long term growth not short. Mutual funds I buy in bulk no less then a $10K at a time. The more you buy at once the lower the fees.
The problem today is many are unwilling to pay a financial advisor and think they can do it themselves. All I can say is my portfolio would not look like it does without my advisor.
 

OV-10

Well-Known Member
Reading you post on the stock market is so laughable. You told us on here many time you buy and sells stock. You even said that how you pay for you news cars. You may not day trade but you do trade. Investing in mutual funds are a great way to create wealth and can be alot safer then individual stocks. Dollar cost averaging is how I buy my stocks and have been for years. I also stop buy stock that don't pay a dividend looking for long term growth not short. Mutual funds I buy in bulk no less then a $10K at a time. The more you buy at once the lower the fees.
The problem today is many are unwilling to pay a financial advisor and think they can do it themselves. All I can say is my portfolio would not look like it does without my advisor.
Did I ever say I don’t buy individual stock ? I do
and it’s been some of my greatest gains . I buy through my broker however and nothing I do is like day trading. Buying mutual funds is good for low risk investors and for payroll deferment . My real gains are through the advice of my broker and direct stock purchase.


A quote from above article:
While generally more volatile than funds, stocks tend to deliver greater returns, whereas mutual funds protect your money but often pay smaller returns. However, they each have their downsides as well. In most cases, the best investment strategy involves a diversified portfolio.

In your zeal to discredit what I post you missed what I said. I think you should have read what I posted first.
 
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Fly-by-night

Only when you care to send the very best
Did I ever say I don’t buy individual stock ? I do
and it’s been some of my greatest gains . I buy through my broker however and nothing I do is like day trading. Buying mutual funds is good for low risk investors and for payroll deferment . My real gains are through the advice of my broker and direct stock purchase.


A quote from above article:
While generally more volatile than funds, stocks tend to deliver greater returns, whereas mutual funds protect your money but often pay smaller returns. However, they each have their downsides as well. In most cases, the best investment strategy involves a diversified portfolio.

In your zeal to discredit what I post you missed what I said. I think you should have read what I posted first.
Well thank you for proving my point. You keep pointing out these evil CEO's that make cuts and changes to drive up there stock price. Yet there you are at the same alter, worshiping to the same thing. I sure your broker tell you to buy when a company is at the top end of there value so you can lose money right? I sure you do a deep dive into every company you buy stock in. I sure if you talk to employee's at the company you have stock in they will say the same thing you are saying about XPO. It's all about the stock price. Quit talking out of both sides of you mouth. XPO stock price is evil, yet stock you hold are not. You are no different then a politician that wants to defund the police yet spends thousand on private security.

You posted that XPO tv was saying that the XPO stock start at $7 and was now $87. Well here a little new flash lots of stock start cheap Amazon started at $1.73 now worth $3,518.99, Walmart $.34 yes that 34 cents and it's at 150.23 and OD was $1.17 and now worth 348.83. I sure bet you wish you would have bought stock in those companies back then don't you. Those really evil companies
 

highspeeds

ENTERTAINMENT USE ONLY
Premium
Why did it take this to admit shortcomings in labor pool? CCX is gone. Go back to roots and watch it solve itself. Pretty simple.

The roots are dead.

Jacobs said repeatedly. This is not a trucking company. It’s a money making company. When the money is more important than the business. What are you selling ?
 

Razorblade

Well-Known Member

Jacobs said repeatedly. This is not a trucking company. It’s a money making company. When the money is more important than the business. What are you selling ?
Every company is a money making company. The only reason for the business is to create profit. Nobody invests and risks their money just to provide a service or give you a job.
Do you go to work because that load needs to move or because you get paid to move it? You work to make a profit on the sale of your labor?
 

highspeeds

ENTERTAINMENT USE ONLY
Premium
Every company is a money making company. The only reason for the business is to create profit. Nobody invests and risks their money just to provide a service or give you a job.
Do you go to work because that load needs to move or because you get paid to move it? You work to make a profit on the sale of your labor?

If the service you are providing is taking money. How many companies are going to sign up for your service ?

You have to give value. You need to have value. You need to be valuable.

XPO is a Ponzi scheme. Nothing but crooks. Straight up robbing people.
 

useless

Well-Known Member
I have said many times that I only buy professionally managed mutual funds. Lay people attempting to build a portfolio by buying individual stocks is a fools game.
Insurance is not healthcare. Insurance limits healthcare choices to "in network" providers. Do you really want cancer care from the lowest bidder? A country that believes only the wealthy deserve quality healthcare is a third world country. When only one developed nation on the planet does not have a national health service, when that nation has the highest per capita cost in the world, when that nation is not in the top ten countries for quality of healthcare, when that nation, The United States, has higher ******* rates and lower life expectancy than the top ten, that nation needs to embrace the national healthcare model of the top ten.
The driver shortage is manufactured by government. Mandates, regulations, licensing requirements and restrictions that prevent the driver pool from growing are the biggest cause of the driver shortage.
How dare you want more? I believe that is the very definition of greed. More is better and more is never enough. Labor is a cost of doing business. When costs of production exceed what the consumer will pay, the company fails and employees are out of work, killing the golden goose.
600+ union trucking companies have failed because their cost structure was not competitive. They all followed the same model. Higher labor costs were offset by reduced investment in equipment, facilities, training and maintenance. Companies survived on cashflow. Near the end, they began consolidating terminals and selling assets. Linehaul became meet turns to avoid layover costs. That created empty miles and lowered load averages increasing cost per hundred weight. The union has allowed YRC to stay alive by lowering wages and virtually eliminating payments to pension funds. The Teamsters are playing Yellow's game of keeping the dues money flowing as long as possible all the while knowing there is no chance of survival. It always ends the same way. The day will come when YRC can't make payroll. The union then terminates your health insurance.
gordon kekko in disguise
 

Razorblade

Well-Known Member
A quote from above article:
While generally more volatile than funds, stocks tend to deliver greater returns, whereas mutual funds protect your money but often pay smaller returns. However, they each have their downsides as well. In most cases, the best investment strategy involves a diversified portfolio.
Huh??
Mutual funds are stocks. The S&P 500 is, by definition, shares of 500 different companies. That is diversification. Does your broker have you in 500 different stocks?
My broker is a T. Rowe Price fund manager. I pay no transaction fees, no upfront fees and far less than 1% management fees. T. Rowe never cold calls me to make a trade so they can earn a commission. Given my account balance, if want advice I can call anytime.
I never worry about tracking cost basis including reinvested dividends or required minimum distributions. T. Rowe does that for me.
It's hands off wealth building. I even have an account ceiling. when my balance reaches the limit, they automatically transfer a defined amount to my checking account.

Equity Index 500 up 22.45% YTD
Blue Chip Growth up 26.21% YTD
 
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