usa drivers look

Discussion in 'USA Truck' started by driver7702003, Oct 11, 2013.

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  2. nicknack

    nicknack Light Load Member

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    Aug 3, 2013
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    Dang will this soap opera continue, should be called The Young and The Truckless
     
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  3. J_FROG

    J_FROG Road Train Member

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    Sep 4, 2011
    49 states and Canada
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    Yes sir, I read that earlier. The chess game continues....
     
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  4. jta1978

    jta1978 Light Load Member

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    Apr 14, 2013
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    It don't mean anything. USA has no recourse. This lawsuit will do nothing to keep Knight from taking over USA. Anyone with about 50 to 60 million right now can buy a majority stake in USA and fire John Simone and the rest of management. It is called free enterprise. They might have misused information but it won't affect the takeover if it is meant to be.
     
  5. chalupa

    chalupa Road Train Member

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    Jul 22, 2010
    Houston,Texas
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    I love it...... USA has been a juicy target for acquisition for awhile now. Leave it to Knight to try something like this.

    If USA can prove Knight used confidential information to buy stock at a certain price and time ( discounted ) then they will pay dearly.

    I can see I'm going to have to rent a popcorn machine to go with all this trucking drama. Might even have to build a theater and sell tickets.......
     
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  6. DGStrong71

    DGStrong71 Road Train Member

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    Feb 22, 2013
    70° west
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    Old news. It was first announced last night on Binzinga.com. USA basically wants night to divest the shares they acquired in violation of a confidentiality agreement they had prior to having private discussions. Night will more than likely be forced to divest.
     
  7. J_FROG

    J_FROG Road Train Member

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    Sep 4, 2011
    49 states and Canada
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    The word I'm getting from my crystal ball is third quarter earnings are going to be very positive. I'm excited and can't wait for them to be announced. This dummy will continue to invest in USA. Buy, buy, buy...lol
     
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  8. DGStrong71

    DGStrong71 Road Train Member

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    Feb 22, 2013
    70° west
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    I don't have a crystal ball but my guess is that the 3rd quarter earning will be negative. USA has way too many short loads keeping the trucks tied up. Maybe one of the geniuses will eventually figure it out. Will see Oct 23rd.
     
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  9. J_FROG

    J_FROG Road Train Member

    1,061
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    Sep 4, 2011
    49 states and Canada
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    I haven't pulled anything under 450 in weeks and 450 was a move to get me to better freight. Ya gotta do a short one occasionally. Dedicated has really picked up. I'm expecting positive numbers. We shall see.
     
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  10. DGStrong71

    DGStrong71 Road Train Member

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    Feb 22, 2013
    70° west
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    I'm sure the report will cite that earning are down again do to the same old bla, lower miles per tractor or soft freight demand which is complete b/s, but will see. One thing is for certain though, they'll keep their rates set to discourage load under and over 300 miles so that they can continue to keep trucks tied up logging more dock time than driving time.
     
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