To be honest. I have no idea how multi billion dollar corporations operate. Way above my pay grade. I do know they have a ton of well paid bean counters that help make those complex financial decisions. My beans are really easy to count. I don't have that many of them.
Knight-Swift acquires AAA Cooper
Discussion in 'Questions From New Drivers' started by Dockbumper, Jul 7, 2021.
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I had an interesting conversation about this with a good friend of mine who has been part of the business of mergers and forced raids. It's his understanding that Knight-Swift had a lot of available cash. Another point that was made is Knight-Swift will most certainly expand Cooper's brand! They can do this now and keep any debt manageable. What I expect to see soon is some throat-cutting in the LTL side of freight as Cooper starts this growth. Much as the likes of Schenider and Swift did back in the 90s. I can't remember if Cooper is unionized. One more point that may or may not be something to consider. I remember about 2 years ago watching a freight train pass by. Lots of lowboy cars with Swift trailers. I would say at least 50 of them. It is a fact Swift is in need of drivers. I wonder if Cooper will start to move more and more of Swift's long-haul freight? The next 3 or 4 years will be interesting to watch this all play out!
Dockbumper and Chinatown Thank this. -
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How’s the farm?
Good to see you still kickin.Chinatown Thanks this. -
Eliminate the competition until you're the only game in town or dominate a larger segment of the market. That's the strategy at play, don't think for a second it's not.WildTiger1990 Thanks this. -
Easier to buy a co. with in place terminals than to start from scratch and hunt for land and build new terminals. Lets see a year from now if AAA cooper trucks are still on the road, but their terminals are still there under knight/swift name.
Team818 Thanks this.
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