Swift apparently didn't pay any of their drivers this Friday..

Sounds like Swift is looking to downsize.

First cameras in the trucks and now an "oopsie" with pay?

Good way to get feet shuffling I think.

 

So it's Monday. Did everyone get paid?

 

I did

 

only on trailers

 

i never paid truck expenses. thier truck, thier money.

each week i was given "truck money" which was an actual advance on my paycheck, for tolls, lumpers.

i never used that money for food, drinks, snacks, etc.

if the fuel card they gave me would have been shut off, it was park it, and get home...they can find thier equipment on thier dime.

i do not support trucking companies to stay in business.

if i were an o/o, things would have been different, but as a company driver..??

no way.

 

Swift stock price down 40% in 10 weeks. Maybe it’s going to zero!!?!?!! If not this might be a great time for drivers to become owners, of stock…

 

i do not follow the stock market, well cuz i have no stocks.

but it seems to me that all the companies they bought out over the years, has finally come to roost.

to me, Swift bit off more than they could chew, which is reminiscent to other larger trucking companies buying up the competition.

and where are those companies today..???

stay small or medium sized, make a profit, have profit sharing, hire SKILLED drivers, not morons, reinvest in upgrades, live long and prosper.

 

Yeah I agree. Some would argue that the company appears to be run by incompetent drug addicts. I would argue that mega carriers have lobbyists and heavily involved in politics. If I had it my way, it would be illegal to have more than 100 trucks owned by any one company.

 

What would the point of be of limiting the number of trucks allowed when someone could just have 10 100 truck companies if they need 1000 trucks to serve their customers? Even before deregulation the only thing that limited how many trucks you could have was how many were needed to cover your limited area of your operating authority. When companies wanted to expand into other areas back then they simply bought out an existing company to take over their operating authority.
Doubtful that Knight/Swift is going anywhere in the short term.

 

Well yes I see the flaw in just arbitrarily picking a number to limit truck amounts. But if it was enforced seriously I think it would completely change everything about the industry for the positive. 100 trucks is just about big enough to cover any one sector in any one region anywhere in the country, give or take a little bit. The way things are done now aren’t necessarily the best way to do things. So just pretend they could actually reasonably enforce limiting companies to 100 trucks, and not let one person run 10 companies or any other of the inevitable loopholes. Well I think freight rates go up. Drivers should be compensated better. Customers have more options. Creates new opportunities for businesses that don’t currently exist, but would needed if Megas didn’t exist. It removes the inevitable monopoly trucking is currently heading towards.