What's the Deal with Ryder Buying Cardinal Logistics?

Neutral? Just another big company buying a smaller one. Swift, knight, aaa Cooper etc etc

I knew the morning it happen, I still have friends over at cardinal and they called me asking about ryder. I haven't worked for ryder but what I'm hearing, they are not a good place to work for. Lot of driver at cardinal made good money, over 100k a year. Pretty sure ryder is gna change that so they more profit

 

Companies acquire other companies in this industry all the time, it gets more intense during a bad economy. If you listen to the MSM and our illustrious President things are great. But when you go to Wendy’s and get a triple stack burger, and a baked potato and your bill is $19.34 things aren’t fine. Inflation is running rampant, the cost of day today living is getting ridiculous.

As a small business owner I’m getting squeezed at every turn. Fleets survive on a thin profit margins, if someone comes end offers to pay you millions for your company, companies like Cardinal decide to take the money and cash out.