Variant

Discussion in 'Report A BAD Trucking Company Here' started by flatlined, Jul 10, 2022.

  1. Opus

    Opus Road Train Member

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    As of the last conference call, they're keeping it. Just shelled the guy who's idea it was plus all the smart people who knitted it all together.
     
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  2. DRTDEVL

    DRTDEVL Road Train Member

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    Sort of. Variant will now be USX's OTR group, and USX will be the dedicated group. Same company, different paint job.
     
    flood Thanks this.
  3. JoeyJunk

    JoeyJunk Road Train Member

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  4. JoeyJunk

    JoeyJunk Road Train Member

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    It hard to interpret sometimes when a reporter puts their spin on an article.
     
  5. ducnut

    ducnut Road Train Member

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    B3A12E67-29D8-4CE3-B2B3-26637D1C8320.jpeg

    Not sure how a driver lives on these numbers. Either they’re starving or USX has a ton of trucks sitting.

    Regardless, anytime a crappy place can no longer attract help and invents some other company, it’s going to be the same old story at their new, chameleon company. Don’t fall for it!
     
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  6. DRTDEVL

    DRTDEVL Road Train Member

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    Both. Some get good miles/runs/pay and they recruit the hardest. Those not recruiting? Well, they are a reason for their last quarter showing a 150% turnover rate. The remainder of the trucks sit vacant, as most of the industry are onto USX and their chameleon tactics by now.

    Back to the drawing board.
     
    ducnut Thanks this.
  7. Eddiec

    Eddiec Road Train Member

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    2.18 USD-3.83 (-63.73%)past year
    Closed: Dec 5, 8:57 AM EST • Disclaimer
    Pre-market 2.15 −0.030 (1.38%)
    Down from $6 a share one year ago
     
    Constant Learner Thanks this.
  8. DRTDEVL

    DRTDEVL Road Train Member

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    Might be on sale, might be gobbled up by another mega, might go bankrupt.

    Feeling like a gamble today?
     
    ducnut Thanks this.
  9. jackoboyo

    jackoboyo Light Load Member

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    Not a bad idea. Limited downside. Problem is that it may just sit in a range of for a while
     
  10. flatlined

    flatlined Light Load Member

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    After I left someone sent me an article that they were backing down a lot of the “Variant” stuff. I think it’s going to stay that name, but essentially the things that they were trying to “revolutionalize” are going back to USX ways. It’s hard to get a read on them, but I think they are losing profits.
     
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