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Look out for changes at Quality Carriers

Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by Truck-N-Tech, Apr 26, 2013.

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RockinChair Road Train Member

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pawpaw1 said: ↑

QC is not owned by a Wall St. firm, it is owned by Quality Distribution, a publicly-traded company out of Tampa.

QDI stock is traded on the NASDAQ under the symbol QLTY.
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RockinChair, Jun 2, 2013

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RickG Road Train Member

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RockinChair said: ↑

QC is not owned by a Wall St. firm, it is owned by Quality Distribution, a publicly-traded company out of Tampa.

QDI stock is traded on the NASDAQ under the symbol QLTY.
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But look who the Board Chairman is .

TAMPA, Fla., May 15 /PRNewswire-FirstCall/ -- Quality Distribution, Inc. (NASDAQ:QLTY) announced the election of Thomas M. White as Chairman of the Board. Tom is currently an operating partner for Apollo Management L.P. specializing in the distribution and transportation industry. Prior to Apollo Management, Tom was Senior Vice President, Chief Financial Officer and Treasurer of Hub Group, Inc. from 2002 to 2007. Tom began his career at Arthur Andersen where he spent 23 years in a variety of partner leadership roles.
Founded in 1990, Apollo is a leading private equity and capital markets investor with more than 18 years of experience investing across the capital structure of leveraged companies. The firm employs over 175 professionals and has offices in New York, Los Angeles, London, Singapore, Frankfurt and Paris. Apollo has assets under management of more than $40 billion of capital across a wide variety of industries both domestically and internationally. The firm's most recent private equity fund, Apollo Investment Fund VI, L.P., and its co- investment affiliate have capital commitments of approximately $11.6 billion.
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http://finance.paidcontent.org/paidcontent/news/read?GUID=5484284
Gary Enzor , CEO ?

Mr. Enzor joined QDI in December 2004 as Executive Vice President and Chief Operating Officer. Prior to joining QDI, Mr. Enzor served as Executive Vice President and Chief Financial Officer of Swift Transportation Company, Inc. since August 2002
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http://www.qualitydistribution.com/about/our-leadership.aspx
And safety ?

TAMPA, Fla., Dec. 21, 2012 (GLOBE NEWSWIRE) -- Quality Distribution, Inc. (Nasdaq:QLTY) ("Quality" or the "Company"), a North American logistics and transportation provider with market leading businesses, today announced that its Board of Directors has appointed Annette M. Sandberg as a director, effective January 1, 2013.
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Ms. Sandberg has more than 20 years of professional public safety and law enforcement experience at Federal and State levels of government. Ms. Sandberg became the Administrator of the Federal Motor Carrier Safety Administration (FMCSA) on August 1, 2003 and led the agency until April 1, 2006. She also served as Deputy Administrator of the National Highway Traffic Safety Administration (NHTSA) from February 11, 2002 until November 25, 2002.
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http://www.thestreet.com/story/1179...tte-m-sandberg-to-its-board-of-directors.html
Do you think a former official at FMCSA and NHTSA will affect how those agencies look at QC ?

RickG, Jun 3, 2013

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pawpaw1 Medium Load Member

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RickG said: ↑

Many of QC's tanks weren't that expensive . You could see faded Montgomery Tank Lines logos on some of them I pulled .
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Checked the price of a New , Stainless , insulated tank lately ? I haven't , since the 80's . They were over $130,000 then.
Ya , used are cheaper . You get what you pay for.

pawpaw1, Jun 4, 2013

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pathfinder1361 Light Load Member

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there were a variety of trailers from former companies. chemical leaman, coastal tank lines, montgomery, fleet, nubulk? probably others as well.

pathfinder1361, Jun 5, 2013

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pawpaw1 Medium Load Member

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Point is ?
My affiliate bought 6 , I think , new tanks last year. 6X 130,000 equals ?

pawpaw1, Jun 5, 2013

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RickG Road Train Member

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pawpaw1 said: ↑

Point is ?
My affiliate bought 6 , I think , new tanks last year. 6X 130,000 equals ?
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Point is every affiliate is different . The two terminals my affiliate owner owned haven't gotten new tractors since 2006 .

RickG, Jun 5, 2013

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pawpaw1 Medium Load Member

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RickG said: ↑

Point is every affiliate is different . The two terminals my affiliate owner owned haven't gotten new tractors since 2006 .
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And mine bought 2 terminals. Plus new trucks.
Might want to cover your bases , just in case.

pawpaw1, Jun 5, 2013

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RickG Road Train Member

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pawpaw1 said: ↑

And mine bought 2 terminals. Plus new trucks.
Might want to cover your bases , just in case.
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Yeah , mine bought a new terminal and new trucks in LaPorte TX . Biggest mistake he ever made . Drivers kept leaving due to lack of work . New jobs aren't always all the shipper promises them to be .

RickG, Jun 6, 2013

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pathfinder1361 Thanks this.
taijifan70 Bobtail Member

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Can anyone shed some light on working for Quality Carriers trucking? I have an offer from them after I get a wic card or whatever they call it.

taijifan70, Jun 20, 2013

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RickG Road Train Member

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taijifan70 said: ↑

Can anyone shed some light on working for Quality Carriers trucking? I have an offer from them after I get a wic card or whatever they call it.
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http://www.thetruckersreport.com/tr...coop/215039-any-info-on-quality-carriers.html

RickG, Jun 21, 2013

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