Stevens Tanker division shutting down Oct 15

anyone still working there have anything to add as to why, etc....

 

I did read on their Indeed.com review page a couple months ago that they 86’d their entire HR dept for that division. Not sure if true but the info came from a company rep that replies to various employee/ex-employee reviews.

 

Sucks cause I had them in my 1st year plan upon finishing school next month. I already knew a lot of their TX dispatchers from setting up trucks to our rigs during the Eagleford boom a few years ago. Was getting harder and harder to find trucks though once the Permian exploded.
I know most of our district safety reps put them in “time out” enough times to drop them to the bottom half of our call out list until they sold out to BP this year.

 

Buying 200 Pneumatic trailers this year prob didn’t help.....and I’m sure some of those new tractors were for tanker division as well.

Stevens Transport Orders 1,600 Tractors, Trailers for Delivery in 2019

I can attest to the piping construction possibly contributing to a decrease in some water business but the 65% reduction in sand orders is more likely from operators moving business to other carriers which is exactly how Stevens got their feet in the door back in 2010-2011.

I’ve seen this happen to more oilfield contractors than I can remember. Their revenue explodes over the course of ia boom and then they don’t realize how easy they can be replaced when an operators venture capital is realigned during a management shift, asset acquisitions or new joint ventures.