Superior Carriers and Heniff were just bought out, and NOT by Schneider

Trucking company+private equity firm=driver wages slashed......

I've always heard good things about Superior and Heniff. This is sad news.

 

Agree you will start to good people leave. Investment firms will choke everybody out.

 

Olympus loaned Heniff the funds to buy Superior Out. The drivers are going to see big changes in the next 6 months because Heniff runs completely different than Superior does. The pay, the insurance, the retirement. Everything will be different. Heniff is on the standard per percentage pay and Superior on something completely different. The drivers may come out better except the local drivers. Which will probably end up getting a pay cut. Superior has a lot of entry level drivers and Heniff requires or did require 2 years of experience. Many things will change. We will have to wait and see. I say a lot of office staff will be juggled around and maybe let go and the executives probably got a piece of the pie. After all you can't have 2 of everything. And if your pack is being take over by the other pack they more than likely want their wolves running the show.

 

Every company heniff has taken over, the names on the side of the truck and trailer has changed to heniff, I don’t see anything different with them buying superior. I figure by the end of the year more than half of the equipment with superior carriers on it will be switched over to heniff