FFE bought by KLLM

Discussion in 'Truckers News' started by dv8ter25, Jul 15, 2013.

  1. dv8ter25

    dv8ter25 Bobtail Member

    Messages:
    10
    Thanks Received:
    7
    Joined:
    Apr 9, 2012
    Location:
    Somewhere,Tx.
    Just some news today that us working for FFE received a message from the president today that we were merging with KLLM Transport and that it is a done deal.
     
    mje, HeWhoMustNotBeNamed and Chinatown Thank this.
  2. Dinomite

    Dinomite Road Train Member

    Messages:
    4,093
    Thanks Received:
    4,204
    Joined:
    Sep 6, 2012
    Location:
    Looking 4 Rocks
    How the mighty have fallen :(
     
    Chinatown and mje Thank this.
  3. Balakov100

    Balakov100 Road Train Member

    Messages:
    2,709
    Thanks Received:
    1,454
    Joined:
    May 10, 2012
    Location:
    Nowhere
  4. Sublime

    Sublime Heavy Load Member

    Messages:
    907
    Thanks Received:
    686
    Joined:
    Jan 18, 2013
    Location:
    Twin Cities, MN
    Wow, no kidding. :biggrin_25521:
     
    mje Thanks this.
  5. Casual Trucker

    Casual Trucker Medium Load Member

    Messages:
    496
    Thanks Received:
    309
    Joined:
    Sep 7, 2012
    This Sounds Familiar Doesn't it..?:biggrin_25511: If I Remember Right Pilot Bought the Flying J,? Just when a crappy corporation run their luck dry They find them selves in need of a towel to wipe the POO off of their dirty skin.Goodbye KLLM Hello the New and improved Cluster FFEEK..:biggrin_2552:or Should I Say KLLM FFEEEEEEE...K...?:biggrin_255:.pretty soon they will be answering their owner operator recruiting line with a new lingo...Welcome to KLLM FFEEEEEEE...K...? How May we Freak you Today?..:biggrin_25510:

    [video=youtube_share;-fmCoUjOMXU]http://youtu.be/-fmCoUjOMXU[/video]
     
    Chinatown, mje and trips74 Thank this.
  6. Chinatown

    Chinatown Road Train Member

    Messages:
    13,536
    Thanks Received:
    12,066
    Joined:
    Aug 28, 2011
    Location:
    Henderson, NV & Orient
    Probably make for a much stonger company. FFE already has tankers in the oilfields & probably will grow that segment according to the article Balakov posted.
     
    mje Thanks this.
  7. Casual Trucker

    Casual Trucker Medium Load Member

    Messages:
    496
    Thanks Received:
    309
    Joined:
    Sep 7, 2012
    I Believe a quality corporation don't have the need to merge with anyone else.If they are good then that's what they are and if they AINT It's just that.I don't see walmart merging with Target or SAM'S Club.But unfortunately in trucking we have this forgiving mentality you know The Glass is Half Full? Not Half empty..:biggrin_25512:.I wish that was true in trucking.Seems like every time a trucking related corporation comes up with a new motto I Can't Help but think of [h=1]Larry the Cable Guy - Lord, I Apologize...:biggrin_2559:[/h]
     
    Dinomite and mje Thank this.
  8. chalupa

    chalupa Road Train Member

    Messages:
    3,522
    Thanks Received:
    1,417
    Joined:
    Jul 22, 2010
    Location:
    Houston,Texas
    FFE already has tankers in the oilfields & probably will grow that segment according to the article Balakov posted.

    That would be a foolish move. Oil field and crude segments are already saturated with players....lil short on drivers but plenty of players. Good way to get caught holding new iron with big notes and nothing to haul OR an over saturation will soften rates. ( EG: Prime entering food grade )

    Rush Peterbuilt in Houston has 30 or so new units in a storage yard ( all painted and with logo's ) that will be going to work shortly....and that's just one example in one town...

    Just one drivers opinion.........
     
    Pmracing, mje and Chinatown Thank this.
  9. trips74

    trips74 Light Load Member

    Messages:
    218
    Thanks Received:
    52
    Joined:
    Nov 7, 2007
    Location:
    chicagoland, il
    This is rather interesting, its a corporation buyout, and for the time being things will stay status quo.
    But ffe is a strange company so I could see them dumping there refer division too try something new.
    I say stay tune, same time and same bat channel. Things shall get interesting
     
    mje Thanks this.
  10. dv8ter25

    dv8ter25 Bobtail Member

    Messages:
    10
    Thanks Received:
    7
    Joined:
    Apr 9, 2012
    Location:
    Somewhere,Tx.
    The reason was because FFE has an LTL division in which KLLM wanted to acquire. The wife and I team for the scheduled LTL run every week and the loads generate more income than regular truckload. For example, a truckload generates only one load which has one set price, as compared to several little loads that cost a little less, or if not the same shipping cost as a regular truckload. If it has multiple loads on it LTL, then they make more money than just one load, and boy do they make a killing at it. It kind of makes people wonder why last quarter, the company had a loss profit of 12 million dollars. I have some good ideas why, but now it doesn't matter really, because most of the office staff will probably get their walking papers anyway.
     
    mje Thanks this.
Draft saved Draft deleted