Landstar purchase of NLM

[Moot]

Landstar bought a logistics company. Yawn.

Yawn all you want and hide in your shell but this is big news. Also while you were napping Amerijet acquired Nations Express and has had charges of "conflict of interest" levied against it. And if that isn't enough I discovered my FM stereo phone was a fraud and that Robert McNamara finally died after a long battle with staph infection from a 1960's pungy stick puncture.

 

[OntarioVanMan]

Robert McNamara finally died after a long battle with staph infection from a 1960's pungy stick puncture.

Darn....his staph was infected...?? I didn't know Monica was THAT old?

 

[highway star]

Yawn all you want and hide in your shell but this is big news. Also while you were napping Amerijet acquired Nations Express and has had charges of "conflict of interest" levied against it. And if that isn't enough I discovered my FM stereo phone was a fraud and that Robert McNamara finally died after a long battle with staph infection from a 1960's pungy stick puncture.

And this all happened AFTER the Palin announcement. Coincidence? Hmmm...

 

[TeamDrivers2]

Their own claim of the lowest price for freight shipments would then be in conflict of Landstars commitment to their OO's to get the highest price for them.

You would have to be blind not to see potential for conflict of interest.

But Doug........since you don't read , how in the world can you have a valid opinion ? Obviously you are under constant surveillance, explaining how you were "found out".
Of course , "as it has been written"........you probably wouldn't understand what you read anyhoo. That's OK Dougie...... i've never read a book either. Never read a newspaper. Therefore, I must be yet another "ignorant" member of this forum. You now have company.
Forget the fact i've 3X's,4X's the experience of the "mister wise one" , my opinion in things
transportaion related........could only be viewed as inept and without substance. Keep up the good fight Doug, as your post acts as a catalyst in aiding the advancement towards a five figure post count.

 

[guido4475]

My point is that NLM customers do not want to be "Landstar customers" they want competition to keep their prices down.

Doug, most suppliers to the automotive industry have no choice as to who they can use, if the automaker is paying for the load.

They sign with NLM to get the best price from all carriers in NLM's network. I do see a problem with any one carrier controlling NLM.

I dont see a problem with Landstar controlling the automotive freight market, if they cant cover the load, they would most likely farm the load out.

 

[highway star]

I dont see a problem with Landstar controlling the automotive freight market, if they cant cover the load, they would most likely farm the load out.

As it applies to expediting, they can't possibly cover every load. Express America is no where near big enough. When a load comes up where they have a truck, it would probably get first shot at it. Other than that, I don't see why it'll be anything other than business as usual.

 

[guido4475]

As it applies to expediting, they can't possibly cover every load. Express America is no where near big enough. When a load comes up where they have a truck, it would probably get first shot at it. Other than that, I don't see why it'll be anything other than business as usual.

But who is to say that landstar does'nt use any of their trucks from their other divisions? they have close to 10,000 in their system, from what i understand.They dont have to limit the loads, to express america.

 

[Turtle]

First shot will still depend on the customer and the bidding process they want. Landstar may want to give their own trucks first shot, but it's the customers calling the shots. Landstar strives to get the highest line haul price, but they will not be able to make any impact on the bidding of NLM. If customers don't see that they are getting fair bids, it's too easy for them to go elsewhere to obtain freight services.

Because of Landstar's insistence to keep their own line haul pricing as high as possible, and because of the slight trend away from contract exclusivity (not to mention them failing to secure the new car delivery contract for Ford away from UPS) they have as a consequence seen their share of the pie grow smaller. Rather than try to beat the folks at the bidding game, they simply bought it.

You don't buy a well-established company with a proven business model, and then prompty change it (unless you're Obama). NLM will almost certainly be business as usual, which is why this is much ado about nothing.

 

[riverrat2000]

Because of Landstar's insistence to keep their own line haul pricing as high as possible, and because of the slight trend away from contract exclusivity (not to mention them failing to secure the new car delivery contract for Ford away from UPS) they have as a consequence seen their share of the pie grow smaller. Rather than try to beat the folks at the bidding game, they simply bought it.
.

It would be nice it other large trucking companies would follow the same practice of trying to keep the price of freight up to where it belongs then perhaps we all could make a decent rate, the bidding wars that have taken rates to the bottom have caused many good people to go bankrupt!

 

[Turtle]

Yeah, but. There's a tradeoff when it's a shipper's market. The tradeoff might be a decent rate, but at far fewer loads. Landstar didn't buy Prestige and NLM because they were rolling in dough. They've lost a lot of loads, revenue, market share, stock price, and a lot of owner/operator trucks, while trying to keep their rates high. There are plenty of good people who were at Landstar who went broke with that decent rate, simply because the miles and revenue wasn't there.

 

[KYoung]

Here's some news for ya, Landstar is not a Trucking Company, nor a carrier, They are a brokering company. They own no trucks, (all trucks are owner operator) they only find and post loads. Express America offers loads to us drivers, but they can post them on load boards for anybody to take. They are not like Panther, Fed X, UPS, nor any others. There won't be a conflict and things will probably run as usual with NLM. Besides Corporate could care less who takes the loads as long as they do it safely whether it be Joe trucker or one of their BCO's it comes down to the cheapest carrier and who makes more money for the investors.

As far as us getting first shot I don't think so. No one agent would be able to handle that much capacity.

 

[guido4475]

Here's some news for ya, Landstar is not a Trucking Company, nor a carrier, They are a brokering company. They own no trucks, (all trucks are owner operator) they only find and post loads. Express America offers loads to us drivers, but they can post them on load boards for anybody to take. They are not like Panther, Fed X, UPS, nor any others. There won't be a conflict and things will probably run as usual with NLM. Besides Corporate could care less who takes the loads as long as they do it safely whether it be Joe trucker or one of their BCO's it comes down to the cheapest carrier and who makes more money for the investors.

As far as us getting first shot I don't think so. No one agent would be able to handle that much capacity.

.....And now for the rest of the story....good day!!!

 

[davekc]

Here's some news for ya, Landstar is not a Trucking Company, nor a carrier, They are a brokering company. They own no trucks, (all trucks are owner operator) they only find and post loads. Express America offers loads to us drivers, but they can post them on load boards for anybody to take. They are not like Panther, Fed X, UPS, nor any others. There won't be a conflict and things will probably run as usual with NLM. Besides Corporate could care less who takes the loads as long as they do it safely whether it be Joe trucker or one of their BCO's it comes down to the cheapest carrier and who makes more money for the investors.

As far as us getting first shot I don't think so. No one agent would be able to handle that much capacity.

I agree that there likely won't be much change with NLM. They do however have a considerable drop in their load count primarily due to the sagging auto industry.

 

[DougTravels]

Is there anything keeping Landstar from waiting till the last second, then using info only they have to match or slightly lower the last bid?

 

[OntarioVanMan]

Is there anything keeping Landstar from waiting till the last second, then using info only they have to match or slightly lower the last bid?

Obviously Doug you are convinced of potential hookieness in the worx....

Loads are bought and sold like a commodity...we are all getting dinged...

SO WHAT? You/we can do nothing about it....It is a done deal...
gee whiz....live with it and move on...

You must drive a straight truck...*LOL*

 

[rodeehos]

WITH AMERIJET BUYING NATIONS, MAYBE I'LL GET PAID ON THE INVOICES THAT ARE 9 MONTHS OLD. I WAS TOLD LAST WEEK BY THE GIRL IN PAYABLES THAT THERE WAS GOING TO BE A NEW INVESTOR THIS WEEK THAT ALLOW THEM TO GET EVERYONE CAUGHT UP ON ALL OF THERE PAST DUE INVOICES.

 

[DougTravels]

Obviously Doug you are convinced of potential hookieness in the worx....

Loads are bought and sold like a commodity...we are all getting dinged...

SO WHAT? You/we can do nothing about it....It is a done deal...
gee whiz....live with it and move on...

You must drive a straight truck...*LOL*

Just asking a question OVM. any one know if that is possible and or legal?

 

[Darmstadter]

Doug - it's possible and I don't see anything illegal about it. Outside of NLM, I think the A3i purchase is interesting as well. Landstar can now offer freight management (NLM) or the software for customers to manage their own freight (A3i and components of NLM's system). Even if the customer just goes with the software, Landstar will be able to collect the data since it is going through their system. As someone mentioned previously though, not much anybody can do about it.

 

[OntarioVanMan]

Just asking a question OVM. any one know if that is possible and or legal?

Doug...anything is possible, you know that. and legal? we also aren't lawyers.....

and if they get some kind of advantage to it..then they seen an opportunity before the others....and capitalized on it...ain't that the American way?

 

[greg334]

Does it matter? If there is an issue, rest assured under this new administration, the FTC and justice department will be looking at every stone to over turn them to find something to stop it - NOT.

The one thing that many of you are not aware of is the complexity of the entire system that both a3i and nlm were part of. There is more to it than what is in the press release or at the website.