Pilot Flying J

Grizzly · Oct 3, 2017

The Oracle has bought in ...

Warren Buffett to acquire majority stake in Pilot Flying J

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jaxonviking · Oct 4, 2017

As long as they don't screw with the shower program, couldn't care less who owns the facilities. Can't really jack prices as there's usually competition to Pilot reasonably close by.

Tennesseahawk · Oct 4, 2017

I wonder if he'll bring back the buffet.

BigStickJr · Oct 4, 2017

Although he doesn't stutter, would it be The Buffet Buffet ?

Lawrence · Oct 4, 2017

This is big news. Huuuuge. Confirmation that trucking is the place to be in the next decade.

Moot · Oct 4, 2017

Lawrence said:
This is big news. Huuuuge. Confirmation that trucking is the place to be in the next decade.

Yeah, just as long as you're not a trucker.

Tennesseahawk · Oct 5, 2017

BigStickJr said:
Although he doesn't stutter, would it be The Buffet Buffet ?

I suggest he make it a burger bar, and call it Cheeseburger in Paradise.

Grizzly · Oct 5, 2017

Moot said:
Yeah, just as long as you're not a trucker.

I took it to signal truckers would be around for awhile. Wouldn't autonomous vehicles make truck stops less profitable?

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Worn Out Manager · Oct 5, 2017

Grizzly said:
I took it to signal truckers would be around for awhile. Wouldn't autonomous vehicles make truck stops less profitable?

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There's always something that even a driverless truck will need

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DollarSign · Oct 6, 2017

I'm wondering if this last fuel rebate scam didn't get the ball rolling for the Haslam's and go ahead to sell. You know, just tired of all the mess?

Worn Out Manager · Oct 6, 2017

DollarSign said:
I'm wondering if this last fuel rebate scam didn't get the ball rolling for the Haslam's and go ahead to sell. You know, just tired of all the mess?

Governor H may run for Corker's Senate seat and beyond

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Grizzly · Oct 7, 2017

DollarSign said:
I'm wondering if this last fuel rebate scam didn't get the ball rolling for the Haslam's and go ahead to sell. You know, just tired of all the mess?

The mess? Oh, you mean ripping people off?

They probably got tired of having to now play with a straight deck ... all the fun is gone ..

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Moot · Oct 8, 2017

Grizzly said:
Moot said:

Yeah, just as long as you're not a trucker.

Click to expand...

I took it to signal truckers would be around for awhile. Wouldn't autonomous vehicles make truck stops less profitable?

Even self driving trucks need fuel, oil, tire repair etc. and lot lizards to service the hard drives.

Worn Out Manager · Oct 8, 2017

Moot, are you related to ragman?

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DollarSign · Oct 11, 2017

Been thinking about this, I wouldn't be surprised that Loves picks up some PFJ. Wouldn't think TA/Petro would unless it's a deal and it makes since for them. I think he's going to streamline this thing and the ones not making a profit, there going up for sale. JMHO.

OntarioVanMan · Oct 12, 2017

well if one owns or has shares in trucking companies...wouldn't it make sense to own the fuel stops as well and get a better price for fuel and again drive down freight prices?

Grizzly · Oct 12, 2017

OntarioVanMan said:
well if one owns or has shares in trucking companies...wouldn't it make sense to own the fuel stops as well and get a better price for fuel and again drive down freight prices?

Drive down freight prices for market share? Maybe ...
Or maybe use the acquisition to make better margins with the existing businesses ..

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Worn Out Manager · Oct 12, 2017

I don't think Warren Buffett companies would try to leverage one to help another I think every single investment must stand alone and offer him a return on investment or it won't stand for Long

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Moot · Oct 12, 2017

DollarSign said:
Been thinking about this, I wouldn't be surprised that Loves picks up some PFJ. Wouldn't think TA/Petro would unless it's a deal and it makes since for them. I think he's going to streamline this thing and the ones not making a profit, there going up for sale. JMHO.

Loves has been on a tear the last couple of years opening new truck stops. It appears to me that most if not all are new builds from the ground up; in locations where there is no competition from other national chains or a location that can support another national chain. Just my observation.

DollarSign · Oct 12, 2017

Moot said:
DollarSign said:

Been thinking about this, I wouldn't be surprised that Loves picks up some PFJ. Wouldn't think TA/Petro would unless it's a deal and it makes since for them. I think he's going to streamline this thing and the ones not making a profit, there going up for sale. JMHO.

Click to expand...

Loves has been on a tear the last couple of years opening new truck stops. It appears to me that most if not all are new builds from the ground up; in locations where there is no competition from other national chains or a location that can support another national chain. Just my observation.

Very true Moot! My thinking is, it would be cheaper to buy one already built and a small remodel than build a new one. Loves does have a good customer base and most like to be close together.