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| Truckers' Trucking Forum/Message Board - The Premiere Truck Driver Forum | |||||
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| Western Express Submit Your DAC Report On This Trucking Company. |
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03.14.2008
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| western express i heard a nasty rumor the other day on the CB, and am hoping for some clarification. i heard western express has filed for chapter 7 bankruptcy protection. any truth to that?? and if so for what reasons?  |
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03.16.2008
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| no one knows anything? i find that hard to believe in a forum full of truckers...lol |
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03.16.2008
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| I know that I don't know anything about Western Express filing Chapter 7
__________________ Keep that diesel burnin' and those tires turnin', but get there safe to keep on earnin'!! Real men drive whatever will pay the bills, but will never be truly happy until they can get back behind the wheel of a Pete!  |
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04.03.2008
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| after buying smx and all the strange things they do anything is poosible |
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04.05.2008
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| I have been told that they are trying to shut down the flatbed division, dont know how true |
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04.06.2008
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| bankrupt? i know that they are currently selling the older smx trlrs and bringing in thier own trlrs since they dont buy and only lease all thier equipment-trucks and trlrs.i've heard that when he couldnt get enough money to buy smx another company helped using the flatbed div as collateral with them and since western is mostly van it is possible he may sell.the company is getting very big very quick which usuually creates alot of financial problems.also all smx trucks will have the governor cut back to 65 next time you make it to a shop.i promise no changes except for these 5 or 6 things-this owner of western is either a crook or a politician  |
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04.10.2008
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| Yeah stemp, heavier trailers that no one wants to pull. The rumor about selling the flatbed division has been going since early October with TMC the leading candidate to buy it. Incidently, with drivers constantly jumping ship, I don't think he'll have to worry about being too big.
__________________ "When one door closes, another opens".....Not!!! |
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04.11.2008
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| western?? i cant remember who i heard helped with the collateral and financing but think it was boyd trucking.dont think with the dislike smx had for tmc they would sell to them but now that its western and rumors of bankrupt guess they could or will sell to anyone?just curious how many drivers will leave smx or eastwest when they cut trucks back-e/w threatened when we went to change to 68-whats going to happen when 65? |
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04.11.2008
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| Key Principal Partners is the venture capital firm that helped Western on the buyout. As far as drivers leaving, that started when Western signed the paperwork, and the bleeding (of drivers) is only going to get worse.
__________________ "When one door closes, another opens".....Not!!! |
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04.12.2008
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| you can't be serious...  A guy hears a rumor on channel 19 then comes to the internet asking other drivers for more info on this?    |
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