Knight-Swift acquires AAA Cooper

Discussion in 'Questions From New Drivers' started by Dockbumper, Jul 7, 2021.

  1. Dockbumper

    Dockbumper Road Train Member

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    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.
     
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  3. Moose1958

    Moose1958 Road Train Member

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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!
     
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  4. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I love AAA Cooper.
     
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  5. Chinatown

    Chinatown Road Train Member

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    [​IMG]..[​IMG]
     
  6. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I have those on my F350.
     
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  7. cabwrecker

    cabwrecker The clutch wrecker

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    What’s the import cost on these for ya?
    How’s the farm?
    Good to see you still kickin.
     
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  8. VA CDL Holder

    VA CDL Holder Medium Load Member

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    Consolidation in the industry is not good for competition. Just like Amazon and Walmart put the mom and pop stores out of business, this will put rate pressure on the small trucking companies and force them out too.

    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.
     
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  9. Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

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    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.
     
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