Reddaway, XPO, MVE

Discussion in 'LTL and Local Delivery Trucking Forum' started by dyno365, Mar 4, 2021.

  1. dyno365

    dyno365 Bobtail Member

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    Hi Guys. Just passed Class A 2 weeks ago. I've been pounding the pavement for jobs and received offer letters from these 3. Reddaway is linehaul and union. XPO and MVE are both P&D. t's a second career for me. I'm in my 50s and in decent shape. All are within 15 minutes of my door. My wife would prefer the day gig but is alright with nights if the company is good.
    Any recommendations or thoughts for 1st ltl job?
     
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  3. Chinatown

    Chinatown Road Train Member

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    Go with linehaul.
    P&D is a fast way to derail a new career because of spending every working day/night fighting traffic congestion. It's not a matter of 'if' you'll have fender benders, it a matter of ‘when.'
     
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  4. dyno365

    dyno365 Bobtail Member

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    Thanks Chinatown. You have any thoughts on Reddaway as a company?
     
  5. Chinatown

    Chinatown Road Train Member

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    Probably about the same as other union outfits such as ABF and Yellow.
     
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  6. Lunatic Fringe

    Lunatic Fringe Light Load Member

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    Reddaway has some issues. While they’re the best run of the three regional LTL carriers owned by YRC Worldwide (the other 2 are Holland and New Penn) the organization as a whole is treading water financially. Last July the US Treasury bought 29.6% of YRC as part of a $700 million bailout. Most of the money was used to catch up with delinquent pension and employee medical contributions.

    What that means to you is that you’ll participate in the, “giveback” program. Whatever your total earnings on a given check are 15% of the total is given back to the company. New equipment is rare - expect to drive more 2,000,000 mile trucks than new ones. I’ve personally sat in a traffic jam caused by a Reddaway P&D truck when its driveshaft fell out and rolled down the street while the truck was in the middle of an intersection.

    The organization as a whole is unlikely to survive long term. Do you want to invest 5-10 years working for a company only to find out your pension is worthless, your seniority is gone and you need to start over?
     
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  7. dyno365

    dyno365 Bobtail Member

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    Thanks Fringe. Is the 15% you're talking about union fees?
     
  8. Chinatown

    Chinatown Road Train Member

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    I once worked for YRC and we always heard of financial problems and the company probably going bankrupt. That was 20 years ago.
     
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  9. Lunatic Fringe

    Lunatic Fringe Light Load Member

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    Nope. The union fees are a separate item. They go to the union. The giveback goes to Reddaway/YRC.
     
  10. dyno365

    dyno365 Bobtail Member

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    Your saying on top of union fees and regular deductions there's an additional 15% taken out of every paycheck?
     
  11. skinnytrucker

    skinnytrucker Heavy Load Member

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    NO!!! You will not be handing over any monies to the company. Stop listening to so many guys on here that don’t have a clue. Your union dues are the only thing that are deducted from your check and that is approximately $53 a month. Best health care plan you can imagine
     
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