Arrow Trucking Strands Drivers During Layoff

Just because the equipment & drivers are gone doesn't mean there isn't equity to be had. What about the property they own across the country? Also many companies buy out other companies not for their equipment, but for the shipping contracts.

Arrow just like other companies have contracts to haul freight. Arrow still has to satisfy those contracts or take the risk of being sued by countless amount of shippers.... Sure other carriers will cover the freight, but the shipper can still sue for the additional freight costs higher then the costs stated in Arrow's contract.

So yes, I see a buy out coming. A buy out not for trucks & drivers, but a buy out for real estate & shipping contracts.

 

I doubt they will get much, most of their properties were leased.

 

Can't have a contract with a company that doesn't exist anymore. I'm sure Arrow's former customers already have sales pukes pounding on the doors. Real Estate? Well if they owned the land, maybe, but if it's leased like everything else then Arrow doesn't own it. And from the looks of it, the creditors are taking out everything that isn't nailed down. Why pay Piestiker (sp?) a dime, when you can buy anything his company had on the auction block for pennies on the dollar.

 

We got a Qualcomm message last on Tuesday to assist in giving rides to Arrow drivers. I know one Arrow driver got a ride to our terminal at Greer SC and was waiting on another Swift driver coming through to get him to Birmingham AL for Christmas Eve. I didnt run across a stranded Arrow driver but would have liked to,..been nice to get one home and it not cost him anything.

I complain about Swift being too large and being a number at times,..but I was proud of the suits at corporate stepping up early in this Arrow debacle and help a fellow trucker,..

 

The despicable behavior of Arrow management cannot be condoned, from any point of view. There must have been a better way. Maybe they held the doors open as long as they did to provide jobs for their employees for as long as possible. I doubt it. The humane thing to do would have been to let all their employees, including drivers, know that the end was near. They knew, or should have known, long before now that they could not stay afloat. If they didn't know, then they had bone head number crunchers. To know, and they #### sure did know, what devastation would ensue and the havoc that would be wrought on hundreds (thousands?) of families, and to just let it happen is beyond sickening.

I'm new to the forum.....a mere wannabe, but I've been around a while. Similar unconscionable deeds, like those perpetrated by Arrow Trucking's big dogs, have been commited before and will be commited again. The furor raised by the trucking community (I didn't say industry and I didn't mean to) will, I hope, awaken sleeping giants from their slumber. Now, it won't keep other companies from taking a similar course, but the hue and cry of truckers, truckers sticking together, will be heard. Will it be ignored?....probably. Will it prevent fellow truckers, who will no doubt face similar castrophy, from falling victim to the inhumanity of inhumane control mongers. Probably not.

But I think something good has arisen from the ashes of this smoldering ruin, formerly known as Arrow Trucking. All drivers will have to be increasingly vigilant, they may even put "loyalty to company" aside in favor of loyalty to family and loyalty to self. Loyalty to Arrow Trucking was well-intentioned but disgustingly unacknowledged. What it all boils down to, and it's been said many times in many posts, is that nobody's got your back. Many have tried to help their fellow truckers to pick up whatever pieces of dignity were salvageable after the fact. I salute the many that gave of their time and slim resources. But, there's no time like the present to protect oneself from the future.

Yep, I'm a wannabe but that doesn't blind me. I can see the absolute disregard for men, women........and families so evident in this horror. Except, of course, if the family is your own. You can bet that those folks at the top of Arrow Trucking, the decision-makers, were prepared for this event. That makes me nauseous.

 

Usually a buyout is way before this stage. I think they just cut their losses and slid out silently in the middle of the night.

 

If you want to change this industry for the better you need to start
sending letters,e-mails and phone calls to the jerks that represent you
in Congress and let them no whats going on in the trucking business.We
do have rights as American citizens and a lot of the laws and regulations
that are applied against the drivers and companies are not even able to
be justified by the Constitution.