Kag just bought action resources
Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by Ruckie, Dec 16, 2020.
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I wonder how big KAG will get before it all comes crumbling down on them?
Historically, when an outfit gets bigger and bigger at a rapid pace they wind up out of business one way or another.
I know a couple of KAG drivers that were with a company that KAG bought. They said the working conditions got worse...a lot worse...and the pay increases haven't kept pace with inflation.scott180, Roberts450, Rugerfan and 2 others Thank this. -
It’s funny because superior just got bought last year by Olympus/heniff and we lost a dispatcher out of Pasadena who went back to action resources to dispatch.
I wonder what’s going through his mind right now, 2nd straight year he will be going through a buy out, wow!!!! -
Seems like there's increasingly no safe place frankly. All of this consolidation is starting to remind me of when I was working in IT back in the early 00's and all of the big national banks started buying up the smaller regional and local banks and then merging w/ each other leaving us w/ the mega-banks we have now - Chase, Citibank, Bank of America. Personally I had one too many bad experiences w/ Citi and BoA years ago and ended putting all of our money into a local credit union and never looked back. Seems like that may be the way to go in trucking. Find a small to mid-sized regional / local company that's big enough to pay well and maintain descent equipment but small enough to stay under the radar. I suppose that's easier said than done though.Coffey, RockinChair and Speed_Drums Thank this. -
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I got the email from another tanker supposedly it happened this week
Orange713 Thanks this. -
They already bought fort transfer last month
Orange713 Thanks this. -
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I've been wondering when Trimac would make a move to buy something but so far I haven't heard a peep. Maybe it has something to do with them being a Canadian outfit and the challenges they would face with an international merger are just too much.
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