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Lone Star bought out by Daseke

Discussion in 'Motor Carrier Questions - The Inside Scoop' started by Rockford, Oct 3, 2014.

  1. Oct 3, 2014 #1
    Rockford

    Rockford Light Load Member

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    Jul 5, 2010
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    Lone Star transportation of Fort Worth, TX became the latest flatbed company to purchased by Daseke. Kind of reminds of the 1990s when Ameritruck Refrigerated Transportation bought out a bunch of reefer companies. No
    problems until they merged them all together into one company which then quickly went bankrupt. I was working for Thompson Bros Trucking out of Sioux Falls, SD when they were bought by Ameritruck. That was the end of several good companies. No idea if the same thing will happen in this situation. Anybody who works for any of the Daseke companies notice any changes? Hauling each other's freight or being dispatched by other companies when in each other's territories?
     
    Rockford, Oct 3, 2014
    Rockford, Oct 3, 2014
    #1
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  3. Oct 3, 2014 #2
    drvrtech77

    drvrtech77 Road Train Member

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    drvrtech77, Oct 3, 2014
    drvrtech77, Oct 3, 2014
    #2
  4. Oct 4, 2014 #3
    chalupa

    chalupa Road Train Member

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    One of the main factors in a trucking acquisition is it's drivers. Drivers are hard to find unless you pay above scale. It's how Keenan got so big in chemicals.

    Very rarely do you find honest Abe in a acquisition either. Many things are consolidated like holdings, shop and parts operations and in this case escort contracts etc. plus the office with of course the goal to increase profits through lower operating costs. Keenan stuck it to many friends of mine when they acquired their company. It's their company and they can do what they want but they should not have lied to the drivers.

    JMO
     
    chalupa, Oct 4, 2014
    chalupa, Oct 4, 2014
    #3
    drvrtech77 Thanks this.
  5. Oct 4, 2014 #4
    saddlesore

    saddlesore Light Load Member

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    Dec 30, 2011
    The Great NorthWet
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    As a 10 year driver for a Daseke Company (SPD) I have seen very little "cross pollination" of freight between the sister companies.
    Each segment is autonomous so far with just oversight and guidance from the Daseke Group.
    And the amount of new equipment that each sister company has received is simply staggering.
    The latest "Perk" for drivers looks to be "satellite TV's" installed , This may be for all sister companies in the future but only time will tell.
     
    saddlesore, Oct 4, 2014
    saddlesore, Oct 4, 2014
    #4
  7. Oct 29, 2016 #5
    TEX TRUCKER Q

    TEX TRUCKER Q Bobtail Member

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    Nov 4, 2015
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    How is Lone Star these days. Planning on going back to them.
     
    TEX TRUCKER Q, Oct 29, 2016
    TEX TRUCKER Q, Oct 29, 2016
    #5
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