Its Official Schneider energy south Texas is closing their doors

Sounds like a man with light years of experience to me...

 

Do this. Tell us what the difference is between "cutting throat" and offering a low price? Don't even tell us you shop at Walmart which advertises low prices because we know you aren't a hypocrite. And when you get a bid to have work done, like I did recently to have concrete poured, you take the bid in the middle?

The problem is a lack of understanding of simple supply and demand, I wonder how many of the entitled people could draw a simple graph.

I still haven't found any news reports of a change, but if a cost cutter failed in the business, that's fine with me. I make more now in a slow week than I did in my best weeks OTR. I hope wages aren't cut, but I don't piss and moan when oil companies do the exact things we do as consumers, which is, "ceteris parabis" (it's the internet, look it up) to get acceptable products and services at the lowest price.

Oh yeah, the world is changing by the way. Wages are falling, get used to it. You may feel you are "entitled" to 1980s wages but you are not. Take a trip to Mexico, you'll see how much farther they can fall. The only way we're going to jack up workers wages is to put tariffs on imports so that we don't have to compete with cheap foreign labor. That's something that occurs at a governmental level, it's not done by the agents of a market economy.

 

We just seem to be running on all these massive bubbles and bubbles have the tendency to pop at some point- money supply, derivatives market, federal debt... There are so many problems including the institutionalized Federal Reserve mafia running the show. Sometimes we Americans think it can't happen to us...but it can, can't it?

 

I have only been hauling oil for a few days now but I already know what makes or breaks a company in the Eagle Ford Shale. Service. Not mediocre service. Good service. If you screw up you are outta there. Companies lose contracts all the time because of poor service and mistakes. Mistakes cannot be made on these job sites. The consequences are beyond measure.

I am not surprised Schneider is gone. You need above average drivers to do this work. It takes time to build a fleet of drivers who can do this without making mistakes.

 

Very well said Chibob very well said

 

Yes, this is a really good post. I may have been too aggressive going after one of my pet peeves, 'entitlement', but this is the situation that we hope to see. Current oilfield workers have skills that can't simply be replaced by training guys to drive a truck or putting OTR drivers through a couple weeks of orientation. Guys have skills and the market demands that they receive higher wages than a cost-cutting mega carrier is prepared to spend. The market requires it.

 

To hell with cheap freight

 

I saw a couple of Schneider tankers on the road yesterday. When are they closing their doors?

 

I have it from a good source that it is just the sand division that closed. Oh well, maybe they will put some money into chemical. I know, I know funny right? One has to hope.