Has anyone heard the rumor that Werner Enterprises, Inc., is going to lay-off 500 employees?
Can anyone confirm this?
WERNER Enterprises To Lay Off 500
Discussion in 'Werner' started by AfterShock, Mar 20, 2008.
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This could be that silver lining in the cloud if the major companies finally decide that raising freight rates is necessary to stay afloat.
Of course, if the majors lay-off drivers, it'll probably hurt the newbies and wannabes chances of being hired, as I'm thinkin' the Big truck truckin' companies will opt for experience instead of lower pay for the trainees who'll require a trainer to hold their hand. I think they'll depend more on those who'll get-'er-done, without supervision.
Well,............. except for C.R. England.
But I'd laugh if C.R. found themselves with a bunch of former lease/purchase Big trucks on their hands, sitting in their armed guarded yards, with nobody foolish enough to take over payments -- even at gun-point.
Werner Enterprises, according to what Cybergal posted on the home page, "sank $1.07 a share, or 5.8%, to $17.43.
J.B. Hunt is down 94 cents, or 3.1% a share, to $29.82.
Heartland sank 79 cents a share, or 5.4%, to $13.92.
Con-Way Inc. retreated $1.65 a share, or 3.3%, to $48.59.
YRC Worldwide, Inc., lost $1.04 a share, or 8.4%, to $11.22, after dropping to $10.99, their lowest point since late 1998."
According to Forbes.
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See folks!
If y'all read what Cybergal posts, y'all can appear intelligent -- like me.
Thanx Cybergal.
After reading your informative posts, even though the economy is down, my IQ appears to be going UP.
Quite an illusion.
Imagine that.
And go figure.
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