Its just fact *ish
But that's pretty darned close. I may be off what 5 years? Net is what $16 per year xD
3months of Walmart door greeting gets ya a $500 after tax Christmas bonus.
Now go cry Conway truckers. Or facepalm
XPO Logistics acquires Con-Way!
Discussion in 'Con-Way' started by double yellow, Sep 9, 2015.
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I'd be more concerned with whether XPO survives the next few years than whether you get a christmas bonus this year.
$5 billion in debt, losing $1/4 billion a year, only have $1/4 billion cash on hand and they're going to have a much harder time raising capital after gambling big on expanding into the EU and having their stock plummet 13% friday.CargoWahgo Thanks this. -
Hey...
Free Missouri access card!
Even better! -
Thats just it, I believe we'll be sold again, like maybe when the stock goes up. They dont have a clue in running a truckload division. They used to running logistics/ "light asset" company. Spoke with a 22 yr long driver with Conway yesterday at a shipper and he is leaving in 2 weeks, same story with many others. Turning into a student/newbie company. Several going to drive for Walmarts and that teams are going to drive for that company that hauls a lot of hazmat explosives near to Joplin. It's becoming mass exodus...lol
Mike2633 Thanks this. -
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They should probably go back to being CFI.
Getsinyourblood Thanks this. -
OR second only to OD, doing very well.
Mike2633 Thanks this. -
I've been watching their stock. It's up into the mid thirties. It bottomed out in January below $20.00. It nearly hit that again about a month or two ago, and it's been going up since then. I actually toyed with the idea of buying it then (right after they termed my Owner Operator contract) and it would have been a good idea. If I'd put all my money in their stock and sat on my butt until today, I'd have made more money on them, than I have in trucking. (Now with Landstar.) Something is happening right now with XPO. Maybe someone bigger is thinking of gobbling them up.
It also might be that they're just making money:
http://www.wsj.com/articles/xpo-logistics-reports-record-profit-1470260435Last edited: Aug 14, 2016
Mike2633 Thanks this. -
Good truck it was.Mike2633 Thanks this. -
But I can relate to stocks paying more than trucking -- I made more this year in 1 stock (Denbury Resources $0.95 - $4.50) than I did trucking. Waiting for it to drop below $2 again to buy it again...Mike2633 Thanks this.
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