The explanation I was given for not having truckload haul the sub-service stuff was that truckload was too expensive and they got other carriers to haul it cheaper.
Think about that for a minute...
If you can't haul your own freight within your own family of companies there is a serious problem. Once I was told this I knew I was working with a bunch of morons and I knew I wouldn't be at Con-way long. (I quit Con-way Freight about 4 weeks ago and went back regional OTR making more money)
Conway bought out by XPO
Discussion in 'LTL and Local Delivery Trucking Forum' started by Apd, Sep 9, 2015.
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I see CRST, CR England, Swift, Trucks Inc, A.D. Transport, and Barr-Nunn everyday in our yards. I hardly see any other carriers other than those in our yards but it does happen. I don't know what the heck is going on with just primarily using those companies.. Probably getting a kickback somewhere.
Also,
Brad Jacobs said in the investor conference call they may or may not sell truckload. He said they have something going on..
Jack Atkins - Stephens
Okay. Thank you for that color there Brad. And then you've talked publicly Brad I think about selling the former Con-way truckload business, if a potential [Indiscernible] were to come along. I guess the rational that that you guys put out there for doing the Con-way transaction was it provided assets when capacity gets tight. Could you maybe explain why selling the truck load business would make sense in that scenario?
Bradley Jacobs - Chairman and CEO
We might sell the Con-way's truckload business but we might not. The business is actually performing better than most truckload companies right now even though you had a trade environment for truck load where tonnage is soft low count there has been holding flat and is positive on a sequential basis, we get a 20 day rolling report on various metrics and that's trailing 20 day report revenue is up year-over-year which is impressive especially with fuel going down and our revenue excluding fuel is above last year and the main reason that we are bucking the trends is that 35% of our truck load revenues cross border Mexico and that's got a different dynamic than the U.S. market.
Rail promoted miles up over 2014 though slightly and our entry miles and truck load have improved versus 2014 is about 9% versus 9.5% last year so there are is some good things going on in Con-way truck load, with that being said we have received serious interest from a number of parties who were spending time and spending money on lawyers and hired bankers and so forth and as a public company we are going to take those very seriously. And we have a little process going on and we are going to bring that to a head fairly soon and we’ll make it efficient.
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The thing that got me was that we were sitting down linehaul drivers in one lane that had a subservice van coming from it every night. That ain't right!
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Our barn ups frt uses a Conway/xpo t/l division truck each nite for a gafney run.......mean while , when it gets slow drivers stay home instead of relaying the freight too pa.
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America God statment -
That's digging deep to troll a four month old post by one of the nicest guys on the board, jafo.
Shaggy, mitrucker and snowlauncher Thank this. -
Drove by the Chicago Conway freight yard this weekend and noticed it's close down... Was kind of shocked... Who picked up all the work Bridgeview? Can't imagine much of it going to Melrose Park, as they are already cramped enough at that yard...
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Is Conway Truck Load going to go back to being Contract Freighters Inc! Now that would be cool! Ha-ha!
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