Never Stand Still

Tomorrow will have the rest of the story with Emery Air Freight.

 

Oh yes just fine. We're going to dinner with my parents tomorrow.

Tonight I was at her school they were having there big choir and orchestra and band concert.

So I got to see her show choir, corral choir and concert choir.

She said thank you for coming that means a lot to me so we're doing just fine.

 

That's right Coles from the state Maine. They went bust in 1996 I believe.

 

Moffitt made a crack in 1997-1998-1999 when every transport company but CNF was going bust and he said that for all the money rail roads spend on anti trucking propaganda they should take that money and invest in Satalite technology so they could locate there rail cars.

At the time the railroads much like the Penn Central had no way to track there cars and we're losing cars and shipments left and right.

 

The Rise and Fall of Emery Air Freight Part I

In 1997 Emery Air Freight won a billion dollar contract for 52 months to handle the priority mail for the US Post Office.

This contract though while worth a lot of money wasn't without it's headaches.

It was Christmas 1997 and the economy was booming and Emery Air Freight had the contract to handle all the big time 1-2 day priority mail shipments.

While the contract was worth a billion dollars Emery Air Freight needed infrastructure which they didn't have so they had to build a mail sorting facility and they had to build a hub. There hub for this thing was in New Jersey near New York City.

Emery also had to hire workers and paid money during the Yankee's game's to tell people that Emery was hiring for the old air mail contract and to come on down and apply.

Well all that stuff costs money and once you start building, buildings and paying money for radio advertisements and all that jazz the money goes quick.

To be continued...

 

Sorry for the rush out there guys Kathleen and I were meeting my parents for dinner.