Falcon Transport Ceases Operations

Discussion in 'Other News' started by mjd4277, Apr 28, 2019.

  1. BJnobear

    BJnobear Heavy Load Member

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    I had this happen to me in the early 2000's. I was in CA at the time and used my own money to drive it to my home in FL. I liened the truck, trailer, and load that was on at the time. I had the equipment in my possession for 4 months I got my back pay, Fuel purchased to get home, and extra for delivering the load 3 months later. I was then paid 3 bucks a mile to deliver the trailer to a dealership in AZ, and the truck to a dealership in TX, as well as a airline ticket home.

    Morale of the story? Keep enough funds for fuel to get home, and get a lawyer to file the paperwork for the lien. Know your laws, or pay a few hundred buck to a lawyer to help you out in these situations.
     
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  3. speedyk

    speedyk Road Train Member

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    Workers who vote pro-corporate don't help...
     
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  4. win-some-loose-less

    win-some-loose-less Medium Load Member

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    Apr 19, 2010
    Mount Vernon tx
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    Another warning to all you company hands to have that oh sheet credit card in the wallet, and owner ops should have a few oh sheet cards in the wallet lol
     
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  5. mjd4277

    mjd4277 Road Train Member

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    Fitchburg,MA
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    It’s not just Arrow Trucking this reminds me of. Remember that flatbed outfit in Colona,Illinois that shut down a few months back? Déjà vu like a MotherF*****!!!
     
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  6. D.Tibbitt

    D.Tibbitt Road Train Member

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    Gettin' down westbound
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    Wow , arrow all over again!!
     
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  7. MrEd

    MrEd Road Train Member

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    Winfred, SD
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    While it may not be legal to do so, it would probably be cheaper to put 100 bucks in fuel in the truck and drive it to the terminal your car is at. I heard about one company that told their drivers to take the truck to the nearest KW dealer and park it. If I had been working there, I think I would have assumed they forgot part of the sentence and meant to say "closest KW dealer to your house".
     
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  8. Mattflat362

    Mattflat362 Road Train Member

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    Avon Lake, Ohio
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    What a great opportunity for someone to say they have 5 to 10 years of driving experience! No one will be able to prove or disprove it!
     
  9. x1Heavy

    x1Heavy Road Train Member

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    White County, Arkansas
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    Half of my experience on paper until past 10 years marked "Out of business"

    Out of business no phone no address no nothing.

    Out of business closed up with note on door for reason leave employ etc.

    More out of business.

    Im out of business. /SARCASM...
     
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  10. Mattflat362

    Mattflat362 Road Train Member

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    Avon Lake, Ohio
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    This also reminds me of a story I heard. A roll off company closed the doors....no bankruptcy....just closed. Another roll off company caught wind of it and went and grabbed all of the companies containers and repainted them....bam! I could use a free falcon tractor!
     
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  11. Infosaur

    Infosaur Road Train Member

    Don't know why you quoted me, that's not relevant to my question.

    I looked into that vulture capital firm, either their website crashed or it wasn't all there to begin with. Didn't seem like a very good place either only 3 employees? Real fly by night stock flipper. We used to call them boiler room brokerages in NY.

    The disturbing thing is they bought a functional company with a leveraged loan with more debt going into the deal than the company was worth.

    This is like getting a loan to buy a $125k Kenworth then trading it in on a $30k Honda. You're $95k underwater on a $30k car?!?

    And they could make the payments until GM closed Lordstown. Then the wheels fell off.
     
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