From Con-way's 10Q:
Which means billion-dollar Con-way's going to see big $$ fly out the door on Jan 9, 2015.
Conway Truckload; A Very Low Paying Job
Discussion in 'Report A BAD Trucking Company Here' started by Surfer Joe, Jun 13, 2014.
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joseph1135 Thanks this.
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According to the 10-Q, Con-way has $457-million dollars in cash and cash equivalents. Compare that to Heartland/GTI with $23-million cash on hand.
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Con-Way has 85 million different streams of trucking revenue in as well. Pretty sure Con-Way has operations in Canada and Mexico as well as Hawaii and Alaska. They also have a giant segment of the LTL business and then their truckload division. Pretty sure they have other streams of revenue besides those. Heartland would have more cash on hand, but don't forget they just purchased Gordon Trucking as has to update their tractor and trailer fleets, as well as the cost of combining systems and other things.
double yellow Thanks this. -
Reason?
Since freight is unionizing (been in the works for awhile); a main part of the union agenda is to pursue company "misdeeds" in court.
Should Truckload ever unionize, can you just imagine all the lawsuits, financed by the union?
After all, justice is expensive; how is the average driver, with average pay, going to pursue legal action on his own? -
bigjoel Thanks this.
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By the way, Appalacian, $32K gross is about what I took home working with Con-way Truckload, OTR. I wonder - what was different for my experience?Lonesome Thanks this. -
"...If it's breaktime, take a break. If you need food, eat something. Like, you're the only one in the cab, don't reach out for someone to blame. ..."
Starboy, that's not the point. Interstate drivers can be paid piece rate (mileage) and not paid for their required non-piece-rate duties because Federal laws exempts us. We are, by law, second-class citizens not entitled to protections of Federal minimum wage.
Required to work for free.
OTR drivers routinely work 100 or more hour weeks for $500-$600 or less. Do the math.
This needs to change, leads to poverty pay for many, 100% driver turnover and California, in particular, is stepping up and saying non-piece-work required duties have to be paid at State minimum wage.
Con-way's taking it not on the chin, but in the wallet. Even better.Davezilla and Starboyjim Thank this. -
I hear that and sadly most if not all are like that.It you're on line 4(on duty) all drivers should get paid for it.How many non hourly drivers get paid for pre and post trips,How about fueling how many get paid for that.I don't care if its very little work the point is anything and everything logged on line 4 should be paid for it plain and simple.Checking in at customers that's line 4 pay the drivers for it.
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