Another buy out - Rdrunner's Blog

Rdrunner's Blog

Another buy out

Posted on May 31, 2012 at 12:06 AM.

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I found out today the company I work for bought another company. They seem to be buying companies out about once a month. They say it is supposed to increase the customer base, but in the 7 years I have been with them they have lost every customer they got from a buy out. The exception is Campbell Soup which they did lose initially but got them back eventually.

It appears they are having problems attracting drivers to the company, which isn't really unusual these days for any trucking company, so they attempt to gain drivers from the companies they buy out. That doesn't seem to be working too well either as it appears most of those drivers quit before too long. The few I have run across were not exactly impressed with this company and told me they were looking for something else.

I really don't see what the benefit is. One could say it eliminates some competition but if they can't hold onto the customer base of the company they buy out, that argument goes out the window.

It sure doesn't make it easy on the drivers as they clog up they terminal yards with all the trailers they bought and are going to sell.

It sure would be nice if they used that money to give drivers pay raises and give us some of our benefits back.