Seen some interesting company mergers

Discussion in 'Experienced Truckers' Advice' started by teams567, Jun 23, 2024.

  1. Thrasher28

    Thrasher28 Road Train Member

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    GP is far from all broker loads lol. Was probably 60/40 contracted versus spot market when I was there. Bout 50% drop and hook too.

    I mean, they offer warehousing and brokerage services themselves and have been steadily growing for years.
     
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  3. The one california kid

    The one california kid Medium Load Member

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    Sorry but JCT leaves a bad memory with me. And I believe I could've had a disability suit against them, had I been smart enough to know it back then.
     
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  4. teams567

    teams567 Medium Load Member

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    Name some customers. What DCs have the drop and hooks?
     
  5. Thrasher28

    Thrasher28 Road Train Member

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    Not sure what amount of info sharing is considered unethical in the industry, but #1 Grocery Provider, #1 Home Improvement store, very well known tool manufacturer, appliances, beverage company, and paper are the main ones. Probably more I forgot about since it's been a couple years.

    All the way from South Dakota to New York, down the east coast, and as far south as Louisiana has various drop and hook locations.

    Courtesy cars at the almost brand new terminal, local drivers to deliver loads around Chicagoland, no trucks older than 3 years, relatively good CSA score, almost 600 trucks, rental cars to orientation, never shorted anyone's pay that I've heard of, pays on a W2.

    Not saying they're the best carrier to exist, but definitely not a 'step down' for Westside Transport. GP got away from the Chicago mess and has a legit thing going.
     
    Last edited: Jun 24, 2024
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  6. Ex-Trucker Alex

    Ex-Trucker Alex Road Train Member

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    I remember some 30+ years ago, there was a rumor going around about a BIG merger in the works; Overite, Stoops and JB Hunt were supposedly going to merge, and the new company was going to be called.......................JB Stoops Over!!!!

    the merger, of course, never happened; it seems that there was greater scrutiny given to large mergers like that after all the blowback from the proposed merger of Fairchild Semiconductors and the Honeywell corp, where the merged company was supposed to be renamed "Farewell Honeychild".......

    Thank you......thank you......be sure to tip your waitress......
     
    cuzzin it and Flat Earth Trucker Thank this.
  7. PureLeafTea

    PureLeafTea Light Load Member

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    MS carriers. What a company. I would still be there if the owner hasn’t screwed around on his wife and so to get back she sold her 51% to swift. Thanks *itch.

    Story I heard anyway. Needless to say I left swift exactly 1 hour or so under their control. How they have gotten so large is beyond me. My dispatcher begged me to stay. Said 17 others left that same day.

    Seriously MS was a great company though.
     
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  8. roundhouse

    roundhouse Road Train Member

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    Yep

    I heard the grocery stores , Harris Teeter, and Big Star and Piggly Wiggly were all going to merge and the new stores were to be called Big Wiggly Teeters
     
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  9. Radman

    Radman Road Train Member

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    Swift buying AAA Cooper and Midwest Motor Express. Dipping into LTL money. Pretty interesting.
     
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  10. rollin coal

    rollin coal Road Train Member

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    I remember a similar joke years ago Schneider and JB Hunt were going to merge then completely take over the intermodal segment. The new company was going to be named Schneider Hunt Intermodal Transport.....
     
    Space Truckin Thanks this.
  11. hotrod1653

    hotrod1653 Road Train Member

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    UPS and FedEx….. FedUp
     
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