Thread: sell out

Quote: Originally Posted by workmaster I think they already have. i beleave your right

Quote: Originally Posted by TruckDiver No Jag, the problem is that we've got a bunch of young pups that have NEVER seen hard times, they think things are REALLY terrible right now. Remember the Carter years? This is nothing but a bump in the road........... I was on Food stamps and living in low cost housing while on Active Duty.

Quote: Originally Posted by MontanaNY I could nee the new YRC folks try to come in and acquire R+L. I think they already have.

I could nee the new YRC folks try to come in and acquire R+L.

Who could actually afford to buy it? If R+L has operated the way it has in the past, it has no debt. So, whomever buys it will actually have to pay cash. Not like other companies holding debt where you pay some cash and assume the debt. Given the current climate, I don't believe there is any other transportation company strong enough to do it. OD is the only one who has had better than average quarters as of late. Now maybe someone...

Makes sense... I would not be surprised at all if they sold the company... Senior is probably tired of the headache, and the boys don't want to run the thing... Who knows...

dont know about the rest of you, but i would be prepared to look for another job if this sell out is true........there are other companies that are paying at the same level as R&L or really close.....i know one company thats paying their wrench turners just 1.05 less than me starting pay but in my opinion, that aint bad....dont have to stress yourself out to much and they pay time and half and they got new...

Quote: Originally Posted by Norteastgearhed hey senior and junior, how about giving each region new tractors New trucks are crap. Keep buying used trucks. I'd rather see $20,000 be put into a used truck that is going to be reliable then to buy a new truck where the new California certified engines haven't had the bugs worked out yet.

New owners will not retain any blue collar workers just the Clowns that run the company. Welcome Ringling Brothers & Barnum-Bailey Circus to the transportation bussiness

No Jag, the problem is that we've got a bunch of young pups that have NEVER seen hard times, they think things are REALLY terrible right now. Remember the Carter years? This is nothing but a bump in the road...........