Abilene Motor Express....A New Place To Call Home

Fear not. The last time I was there in November, there was 24 empty reefers, they’ve come a long way since November. I’m thinking that when Knight/Swift Holdings Corp balanced the books and came up with that $71 million dollar loss, they put their foot down and made a dent in the equipment that can only be addressed as abandoned.

 

As far as I’m concerned, it’s a trickle down effect. Until they pay me my 401K match, I will be a very vocal voice of displeasure. I don’t, for one bit really care how many trailers they have abandoned 2700 miles from the main terminal sitting for months on end, how much money they lost last quarter or last year, asking the number one in charge of KS Holdings to step down or what ever else they have going on. Just give me my match and we can all move on to greener pastures just as I did on January 2nd. For the first 5 years our match was every week, after Knight/Swift Holdings bought Abilene, the next 6 years was yearly, paid on or before the 15th of February. I fulfilled my end of the bargain, I only expect the same. But, you’re exactly correct, it’s an accounting thing. They lost money, so now let’s take it out of the ###’s of the working man. We aren’t talking a lot of money, the maximum I am entitled to is $3000. If they need that money to correct accounting or clean up the trash so be it. It’ll be my loss but at least I’ll have a social media platform to express my thoughts. It’s obvious the almost 11 years of safe driving and ontime performance I gave Abilene means zero. I’m getting constant mailing, phone calls and other correspondence from Principal, the company that oversees the 401K about what my options are now that I am no longer employed there, one of which is to leave it alone, which is what I’m doing. The minute the match is made, if it is, the $160K I have in the KSH plan will be transferred over to my IRA. The only benefit about this is my 401K the last year has made an 8% gain, which for a 401K is good. Sorry about the rant, I’m just a little pissed off about how these billion dollar companies treat their bread and butter. I’ll step back now.

 

We are. We changed over to conservative with our investments when I turned 65 3 years ago. My wife turns 65 in July. Everyday I wake up and say thank you. Retirement was achieved 8 years ago. I’m working still so I can carry our health insurance until my wife turns 65.