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PRIME makes HISTORY

Discussion in 'Prime' started by FLATBED, Oct 8, 2014.

Page 1 of 6
  1. Oct 8, 2014 #1
    FLATBED

    FLATBED Road Train Member

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    CITY OF INDUSTRY, Calif. – Prime Inc. made history today Oct 7 , 2014. The company is being recognized by Utility Trailer Manufacturing Company for the largest single trailer order in Utility’s history.
    Prime recently purchased a whopping 2,500 Utility 3000R reefer trailers from Utility.
    “Our focus on safety, efficiency, and sustainability were the major factors in this purchase. Our commitment to these principles is the pinnacle reasons for our partnership with Utility. It is a privilege to have them as a partner that understands our corporate philosophy,” said Paul Higgins, director of maintenance for Prime.
    To date, Prime has purchased a total of 5,000 Utility reefer trailers.
     
    Last edited: Oct 8, 2014
    FLATBED, Oct 8, 2014
    FLATBED, Oct 8, 2014
    #1
    skellr Thanks this.
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  3. Oct 8, 2014 #2
    SHOJim

    SHOJim Road Train Member

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    Will the lightweight tractors be able to pull them??
     
    SHOJim, Oct 8, 2014
    SHOJim, Oct 8, 2014
    #2
    Marky84 and dieselfuelonly Thank this.
  4. Oct 8, 2014 #3
    will1182

    will1182 Bobtail Member

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    Way to go Prime
     
    will1182, Oct 8, 2014
    will1182, Oct 8, 2014
    #3
  5. Oct 8, 2014 #4
    CrappieJunkie

    CrappieJunkie Wishin' I was fishin'

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    Um why is utility even releasing this info and might I add who cares
     
    CrappieJunkie, Oct 8, 2014
    CrappieJunkie, Oct 8, 2014
    #4
    8thnote, Old Man and Marky84 Thank this.
  7. Oct 8, 2014 #5
    Freddy57

    Freddy57 Road Train Member

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    I'm failing to see how prime is exactly making history here. But I am sure Utility is thrilled as will be their employees who will have plenty of work for the foreseeable future. I don't think the rest of us will be quite as thrilled by this news though.
     
    Freddy57, Oct 8, 2014
    Freddy57, Oct 8, 2014
    #5
    Marky84 Thanks this.
  8. Oct 8, 2014 #6
    DustyRoad

    DustyRoad Road Train Member

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    Are these New trailers just a replacement for older units that need to be flipped before the loss value? It's a matter of economics. Turn the equipment after it has lost the depreciation and buy some more, a huge tax advantage by corporate america to utilize courtesy of Big Brother (the federal gov). I must admit one thing, those hillbilly's in Prime's Springfield, Mo home office sure know how to make tons of cash, Hee Haw!
     
    DustyRoad, Oct 8, 2014
    DustyRoad, Oct 8, 2014
    #6
    Marky84 and skellr Thank this.
  9. Oct 8, 2014 #7
    MsJamie

    MsJamie Road Train Member

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    The first rule of running a business is to make money. If you don't, there's no need for a rule #2.
     
    MsJamie, Oct 8, 2014
    MsJamie, Oct 8, 2014
    #7
    mattbnr, hal380, Chucktaylor and 6 others Thank this.
  10. Oct 8, 2014 #8
    Derailed

    Derailed Road Train Member

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    Probably made history by purchasing them for pennies on the dollar
     
    Derailed, Oct 8, 2014
    Derailed, Oct 8, 2014
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    Marky84 Thanks this.
  11. Oct 8, 2014 #9
    FLATBED

    FLATBED Road Train Member

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    How do you buy new equipment for pennies on the dollar its not like UTILITY went bust and its a bankruptcy sale
     
    FLATBED, Oct 8, 2014
    FLATBED, Oct 8, 2014
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    hal380 Thanks this.
  12. Oct 8, 2014 #10
    AppalachianTrucker

    AppalachianTrucker Heavy Load Member

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    "2,5000"?

    Is that like eleventy hundred?

    This is a depreciation calculation and a write-off avenue, not a reflection of their strength as a company. Might be a signal of the beginning of the end, actually.

    Edit: And do these people even speak English?
    "Our commitment to these principles is the pinnacle reasons for our partnership with Utility."
    Maybe that's how it's said in Missouri...
     
    AppalachianTrucker, Oct 8, 2014
    AppalachianTrucker, Oct 8, 2014
    #10
    bigdogpile Thanks this.
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