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Pride Group files for Bankruptcy protection

Discussion in 'Canadian Truckers Forum' started by classicxl, Mar 29, 2024.

Page 2 of 4
  1. Mar 31, 2024 #11
    classicxl

    classicxl Medium Load Member

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    i’ve been told by a few drivers that Charger is / was taking loads across the boarder and coming back to Canada empty with no freight and that they were declaring bankruptcy Also . i’ve seen lots of 2023 freightliners being sold by them trying to get rid of excess equipment .i know drivers who we’re getting paid hourly to go from kellogg’s brampton to their belleville plant went from getting paid Hourly to mileage rate. Charger basically said take it or find some where else to work
     
    Last edited: Mar 31, 2024
    classicxl, Mar 31, 2024
    classicxl, Mar 31, 2024
    #11
    BigHossVolvo and Canadianhauler21 Thank this.
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  3. Mar 31, 2024 #12
    liner

    liner Medium Load Member

    471
    679
    Mar 15, 2008
    ontario
    0
    Rumors about a bankruptcy at Charger have been floating around for years now but it never seems to happen.Time will tell.
     
    liner, Mar 31, 2024
    liner, Mar 31, 2024
    #12
    BigHossVolvo, Canadianhauler21, Phantom Trucker and 1 other person Thank this.
  4. Mar 31, 2024 #13
    liner

    liner Medium Load Member

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    Mar 15, 2008
    ontario
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    No shortage of Charger trucks in the US, especially Texas on 35 coming out of Laredo/Eagle Pass and the Del Rio area.
     
    liner, Mar 31, 2024
    liner, Mar 31, 2024
    #13
    Canadianhauler21 Thanks this.
  5. Mar 31, 2024 #14
    fire_plt

    fire_plt Bobtail Member

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    Mar 13, 2024
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    Is Pride likely to offload trucks for penny’s on the dollar at the moment, or is it all shut down right now?

    looking to buy and run with my own authority.
     
    Last edited: Mar 31, 2024
    fire_plt, Mar 31, 2024
    fire_plt, Mar 31, 2024
    #14
    Canadianhauler21 Thanks this.
  7. Apr 1, 2024 #15
    Canadianhauler21

    Canadianhauler21 Heavy Load Member

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    May 15, 2017
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    Ahhh thanks, I don't run cross border anymore. My friend used to work there and they pull autoparts from Laredo. Not much local presence in the GTA though.
     
    Canadianhauler21, Apr 1, 2024
    Canadianhauler21, Apr 1, 2024
    #15
  8. Apr 1, 2024 #16
    Canadianhauler21

    Canadianhauler21 Heavy Load Member

    859
    1,629
    May 15, 2017
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    Mileage from Brampton to Belleville is awful. I couldn't imagine doing that. Our company started slipseating and basically told us the same. Don't like it you can leave, there's a lot of drivers looking for work.
     
    Canadianhauler21, Apr 1, 2024
    Canadianhauler21, Apr 1, 2024
    #16
  9. Apr 1, 2024 #17
    liner

    liner Medium Load Member

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    Mar 15, 2008
    ontario
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    Funny how that works and yet all these big company's are crying about a driver shortage, LOL
     
    liner, Apr 1, 2024
    liner, Apr 1, 2024
    #17
    Canadianhauler21 and peterd Thank this.
  10. Apr 1, 2024 #18
    classicxl

    classicxl Medium Load Member

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    Dec 16, 2006
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    My guess is the bank or financial institution would get the trucks back either by pride giving them back or repo . i could see the lender sending everything to the auction trying to get what ever they can
     
    classicxl, Apr 1, 2024
    classicxl, Apr 1, 2024
    #18
    fire_plt Thanks this.
  11. Apr 4, 2024 #19
    NorthEastTrucker

    NorthEastTrucker Heavy Load Member

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    Sep 21, 2019
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    Again, in this Job Ad for Owner operators. AZ Company and Owner Operators (US Runs) Jobs

    They put "Top $$ mileage rate (NEW PAY PACKAGE) Whi are they trying to fool? Only thise who don't understand English would be crazy to apply to this sinking ship!
     
    NorthEastTrucker, Apr 4, 2024
    NorthEastTrucker, Apr 4, 2024
    #19
    Magoo1968 Thanks this.
  12. Apr 9, 2024 #20
    Truckerjoe88

    Truckerjoe88 Bobtail Member

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    Jul 31, 2023
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    The ships will keep sinking in 2024 if the market continues like this.
     
    Truckerjoe88, Apr 9, 2024
    Truckerjoe88, Apr 9, 2024
    #20
    Magoo1968 and NorthEastTrucker Thank this.
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