Swift enters ltl world

Discussion in 'LTL and Local Delivery Trucking Forum' started by D.Tibbitt, Jul 6, 2021.

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  2. Opus

    Opus Road Train Member

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  3. MACK E-6

    MACK E-6 Moderator Staff Member

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    Oh gawd...:rolleyes:

    I’ve seen Swift drivers that would take 20 minutes to back up to a dock door out in the middle of a 10,000 acre airfield and still hit it so crooked the plate won’t even fit on the trailer.

    This is scary.
     
  4. TheLoadOut

    TheLoadOut Road Train Member

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    Better start ordering Xmas presents early this year. It might show up by 12/24
     
  5. MACK E-6

    MACK E-6 Moderator Staff Member

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  6. azheavyduty

    azheavyduty Light Load Member

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    Hell, they can't do any worse than most of the LTL companies are doing this year.
     
  7. AModelCat

    AModelCat Road Train Member

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    If they at least have a pallet jack on board that'll put them a few pegs higher than a lot of the LTL carriers I've had to deal with lately.
     
  8. Magoo1968

    Magoo1968 Medium Load Member

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    If they needed to borrow the money to make the deal if makes you wonder if some bank down the road is in for a world of hurt.
     
  9. Lunatic Fringe

    Lunatic Fringe Light Load Member

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    LTL is a rough neighborhood. Two established carriers are in trouble. Amazon not only pulled their business - costing several LTL carriers > 30% of their revenue - they’re now renting out their additional capacity 8 months out of the year and competing directly in the LTL marketplace.

    This acquisition is an odd choice for Swift/Knight. A national carrier buying a regional LTL carrier? A national carrier that churns through trainee drivers paying them about half what they’ll make the year after they quit entering into an industry that depends on consistent, reliable drivers who chose their runs based on seniority? Echoes of UPS acquiring Overnite (How hard can it be?). I predict a fire sale in about 5 years as Knight/Swift tries to stop the burning sensation in their cash flows.
     
    bzinger, nredfor88, jason6541 and 11 others Thank this.
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