you have to keep in mind the new owner Jacobs has not shown any real interest in the expediting side of E-1......he wants to be the next CH broker/forwarder....looks like they are tapping one segment to pay for another...
Carrier cutting rates
- Thread starter davekc
- Start date
As long as it's non-asset based, the underlying transport resources are largely irrelevant to their model. If an E-1 contractor isn't available, they'll just buy the commodity elsewhere
They respect no one.....My old contract stated a 30 day in writing change of conditions of contract clause .....they took my dime within 72 hours of the announcement....1 of these days someone will take them to task on this.....
flattop40
Expert Expediter
They did the old Bait and Switch. Gloss over the new rates but talk all about the "improvements". I picked up on the new rates right away but it seems it flew over some of your heads which is what they wanted. According to my calculations sprinters are now getting paid around 50% of the line haul and the rest are not much better on existing contracts. If you want me to show you my math I can. The sad thing is they had raised the straight trucks about a year or 2 ago. I also now question why any fleet owner would sign their trucks on with them. You have ad after ad about sign on bonuses and rates going up yet E-1 reduces rates 10-20%.
But, but, but...you may have a 25% chance to run more miles to make up for it.....
This is pretty standard operating standards A new CEO comes in and wants to make his mark to show his boss he is on top of things....contractors get hammered
Rumor- Bolt has a new incoming Ops manager from Landstar I believe....rumblings of a new pay structure...flat rate per mile and a structured FSC....
surprising the new CEO at Panther hasn't done anything yet....stay tuned....
Rumor- Bolt has a new incoming Ops manager from Landstar I believe....rumblings of a new pay structure...flat rate per mile and a structured FSC....
surprising the new CEO at Panther hasn't done anything yet....stay tuned....
But, but, but...you may have a 25% chance to run more miles to make up for it.....
Gee, and I thought they would give that extra money to dispatchers so they are nice while picking your pocket.
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flattop40
Expert Expediter
But, but, but...you may have a 25% chance to run more miles to make up for it.....
Oh sure, those who stay behind will be busy after they lose 25-50% of their fleet. I am heading home cause I need to get drunk this weekend.
Don't laugh Dave too loudly...your new CEO hasn't made his move yet.....
Oh sure, those who stay behind will be busy after they lose 25-50% of their fleet. I am heading home cause I need to get drunk this weekend.
have a Great weekend....and really look closely at your next move..
guido4475
Not a Member
It's nice to know that I am leased to a carrier that is steadfast, stable, and focused.
when E1 was family owned it was too....the Welch boys were great to work for and Kieth Avery
guido4475
Not a Member
But, but, but...you may have a 25% chance to run more miles to make up for it.....
The magic words here would be volume, and you would be considered a commodity.
True....but not likely a move to E-1. They already have a new guy they hired in December. Strange things can happen though.
I suppose Spencer was right...the new business model....volume and drivers are a commodity....
guido4475
Not a Member
Panther was as well back in 95, where my first settlement check was $4,500.00 for the first week. I still have a copy of it in the truck. It's funny to see the look on some Panther drivers when I show that to them...lol...Ahhh....the good ole days...
Rumors, truck stop gossip, & B.S......This just off the wire. .....Load 1 is looking at restructering of contracter contracts.....% will probrably stay the same. ...but added monthly charges for maintence and upkeep of driver facilites including truck washbay, drivers lounge & shower & laundry areas and fees for drivers support team ( break up of cat fights between drivers ) .....more news to follow as I m know entering truckstop drivers lounge. ......
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flattop40
Expert Expediter
Thanks, and if you have any pull with Mr. Elliot it would be greatly appreciated as in the last 15 mos we have one turn down and that was because we were at home and went to the store and forgot our phones and low and behold we missed a load. Also have not been late since Dec. of 08 because we were not aware of the I-40 closure due to the rock slide. There, thats our resume LOL Oh and this also goes out to any recruiter or broker who is looking for a hard working team with a 12' cube van capable of hauling up to 3300lbs.