Crete Going Out of Business?

Discussion in 'Crete' started by Rug_Trucker, Nov 29, 2013.

  1. Rug_Trucker

    Rug_Trucker Road Train Member

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    A couple times a week I pass by the Crete yard West of Knoxville (Harriman?) Looks like 200 tractors sitting there with nothing to do! Business that bad?
     
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  3. DGStrong71

    DGStrong71 Road Train Member

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    Crete is a privately-held company so its anybody's guess as to how well they are doing.
     
  4. Suptrkr

    Suptrkr Light Load Member

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    Where did you get your information? Or are you just guessing because trucks are in the yard? And remember it’s a holiday and guys and gals are home.. Not a good rumor to start without facts..
     
  5. Roadmedic

    Roadmedic Road Train Member

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    Since he has been seeing this more than just one time, over a period of weeks, I would think it is an honest question.
     
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  6. BuckeyeCowboy63

    BuckeyeCowboy63 Medium Load Member

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    Selling off a lot of tractors getting new ones in.
     
  7. flyingmusician

    flyingmusician Road Train Member

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    Yeah I kinda wondered about all the tractors sitting there too. Pass by that one a lot and last couple months there's been a lot of them sitting on the yard there every time I go by.......though the turnover from old to new is a plausible explanation as they're always bright and shiny. Either well washed or brand new. Never notice if they're the same ones or not but sure are a bunch of them sitting there every time I go by.
     
  8. Sublime

    Sublime Road Train Member

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    I guess we know where Suptrkr works. :biggrin_25523:
     
  9. Olympian

    Olympian Medium Load Member

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    You are talking about the Lenoir City, TN terminal I presume. Everything Crete does is already paid for, as unlike most over the road companies, Crete pays cash for all their facilities and all their tractors and trailers. Indeed, they even use their own operating cash to run their business and don't owe money to anyone or to any institution, as they are a 100 percent debt free company.

    They are also one of the few trucking companies out there that has a profit sharing program for all their employees with at least one year under their belt, on top of their 401K, and they pay some of the highest wages in the industry with first class benefits. Trust me, Crete isn't going anywhere but up. By the way, their equipment is really top notch as well.
     
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  10. Rug_Trucker

    Rug_Trucker Road Train Member

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    I guess my eyeballs tell me there is a bunch of trucks sitting there doing nothing. It has been several weeks. I don't pass them on the road much anymore. I run I-65, 75, 40 and the Blue Grass Parkway and don't see as many as I used to. Not starting a rumor bucko, I am asking a question.
     
  11. Rug_Trucker

    Rug_Trucker Road Train Member

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    Near Nashville TN
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    Thanks for the recruiter talk, and this has what relevance to the topic raised?
     
    jbatmick and bigjoel Thank this.
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