Swift refuses bid for takeover

Full story: The Repository

PHOENIX Swift Transportation Co. said Monday it has rejected a $2.2 billion takeover offer from its founder and largest shareholder and plans to explore other alternatives to the bid.
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1 - 20 of 53 Comments Last updated Jan 14, 2010
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TJB

United States

#1 Nov 29, 2006
I guess that's what happens when you go public. Get kicked out of the company you helped form and then rejected when you decide to buy it back...
concerned employee

Lexington, KY

#2 Nov 30, 2006
something needs to happen, the company is having issue's that need to be addressed..like not telling drivers they will not be getting their Yearly Safety Bonus checks they get around the second week of December. Guess they are gonna wait til they start asking about them to make a "formal" announcement. How can they expect to keep good drivers when they treat them in such a manner.
Marvin

Tuscaloosa, AL

#3 Dec 7, 2006
Speaking of carriers, have you guys checked out http://www.ltcquickbid.com ? It's the internet's largests commercial marketplace specializing in corporate freight and shipping needs.
just my opinion

New Orleans, LA

#4 Mar 4, 2007
tjb true dat
Piece Of Work

United States

#5 Mar 11, 2007
Swift saves lots of money on Safety Bonus checks I bet. I don't know why Swift drivers are so dangerous but some certainly are. Here at CFI we have former Swift drivers, but CFI hiring standards are somewhat strict. CFI is a great company. http://cfitrucking.i8.com
just my opinion

Athens, TN

#6 Mar 17, 2007
piece of work we also have alot of ex cfi drivers as well as werner jb covenant and others
harley davis

United States

#7 May 6, 2007
are there any swift drivers out there that are satisfied with the company?I am fixing to start driving for them,but so far all that I have is negitive.Feed back would be greatly appreiated.Sorry for the bad spelling. Thanks

“Life is a Joyful Journey”

Since: Dec 06

Kingman, Kansas

#8 May 6, 2007
harley davis wrote:
are there any swift drivers out there that are satisfied with the company?I am fixing to start driving for them,but so far all that I have is negitive.Feed back would be greatly appreiated.Sorry for the bad spelling. Thanks
I have driven with Swift for five years. Being the largest company out there you will fing those who will speak well of the company and those who will knock it. It is big enough that you can find what you want to do. You must just keep talking to drivers and find out what they are doing what acccounts they asigned to. Afterword you have to prusue the job you want and keep after it until you get it. With almost 20.000 drivers for the company there will always be those who will find something to complain about. The company has treated me fairly over the time that I have spent with them. It is a good company to get expernce with then if you wnat to go somewhere else that is fine. Good luck and I hope that you find what you want.
BadManDriving

United States

#9 Jun 5, 2007
TJB wrote:
I guess that's what happens when you go public. Get kicked out of the company you helped form and then rejected when you decide to buy it back...
Ya really need to get an idea what ur talkin about BEFORE you start saying shit..really shows just how ignorant you really are.
BadManDriving

United States

#10 Jun 5, 2007
Piece Of Work wrote:
Swift saves lots of money on Safety Bonus checks I bet. I don't know why Swift drivers are so dangerous but some certainly are. Here at CFI we have former Swift drivers, but CFI hiring standards are somewhat strict. CFI is a great company. http://cfitrucking.i8.com
People who are well kinda blind think that only swift has bad drivers..ALL COMPANIES HAVE DRIVERS WHO MAKE MISTAKES!!..its just that swift has sooo many drivers that it is more noticeable...When u have 22,000+ drivers people see those trucks more often compare to a company who has say 30. And yes people will see the company with 22k drivers fuck up more often then they will see and remember the company with only 30 drivers. that doesnt mean the company with 30 drivers are ne better. People just dont see them. You talk to any employer ( I being one of them)..Every trucking company you look at...approx 30% of the drivers are hmmm or can be fuck up...the more drivers you have...the more fuck ups you have. ALSO many companies cannot hire drivers like swift can...THEY CANNOT AFFORD THE INSURANCE FOR NEW DRIVERS!!!!! Swift has built the company to a size that they do have the $$$$$ so they are self insured and yes do have to power to bring on new drivers and give them a chance to become better drivers. Most smaller companies are NOT self insured and therefor pay high insurance for a driver with less then a couple of yrs experience. NOT that they only hire "GOOD DRIVERS" they cant afford the insurance of less experienced drivers.
The FLY

United States

#11 Oct 8, 2007
BadManDriving should change his monicker to BadManCussing due to his limited vocabulary.
Trashwagon

United States

#12 Oct 10, 2007
Dat ain't no chit!!!!!!
Garrett Gustkey

Colorado Springs, CO

#13 Feb 2, 2008
BadManDriving wrote:
<quoted text> People who are well kinda blind think that only swift has bad drivers..ALL COMPANIES HAVE DRIVERS WHO MAKE MISTAKES!!..its just that swift has sooo many drivers that it is more noticeable...When u have 22,000+ drivers people see those trucks more often compare to a company who has say 30. And yes people will see the company with 22k drivers fuck up more often then they will see and remember the company with only 30 drivers. that doesnt mean the company with 30 drivers are ne better. People just dont see them. You talk to any employer ( I being one of them)..Every trucking company you look at...approx 30% of the drivers are hmmm or can be fuck up...the more drivers you have...the more fuck ups you have. ALSO many companies cannot hire drivers like swift can...THEY CANNOT AFFORD THE INSURANCE FOR NEW DRIVERS!!!!! Swift has built the company to a size that they do have the $$$$$ so they are self insured and yes do have to power to bring on new drivers and give them a chance to become better drivers. Most smaller companies are NOT self insured and therefor pay high insurance for a driver with less then a couple of yrs experience. NOT that they only hire "GOOD DRIVERS" they cant afford the insurance of less experienced drivers.
Does any one have the hand on knowledge of weight distribution on trailers. On the tractor slide there are some 12 positions and on the 53' trailer it looks to be about the saem I was never shown any kine of formula for knowing what to do in case of over weight before I ge the truck to a Weigh station gtgust@comcast.net

“Trucking Is Not A Job-Its Life”

Since: Jun 07

Richmond / Colonial Heights,VA

#14 Feb 2, 2008
Ok all here is a perfect example why trucking schools should be closed down and restarted using a real training program. 12 weeks at least worth of training at least before a driver is turned loose.
Garrett Gustkey wrote:
<quoted text>
Does any one have the hand on knowledge of weight distribution on trailers. On the tractor slide there are some 12 positions and on the 53' trailer it looks to be about the saem I was never shown any kine of formula for knowing what to do in case of over weight before I ge the truck to a Weigh station gtgust@comcast.net
Mad Trucker

Toronto, Canada

#15 Feb 2, 2008
10-4 Long haul Driver "KEY WORD IS PUPPY MILLS!"

“Life is a Joyful Journey”

Since: Dec 06

Kingman, Kansas

#16 Feb 2, 2008
Long Haul Driver wrote:
Ok all here is a perfect example why trucking schools should be closed down and restarted using a real training program. 12 weeks at least worth of training at least before a driver is turned loose.<quoted text>
I went to school for 6 weeks back in 2001. I believe that it was one of the better shcools around. However I felt that I could have used at least another 2 weeks before I would be ready. I then drove with a trainer for 6 weeks afterward. Even after that I really learned how to drive once I got out on my own. I now have six years experence and still feel that I learn something new everyday.

“Trucking Is Not A Job-Its Life”

Since: Jun 07

Richmond / Colonial Heights,VA

#17 Feb 2, 2008
That is cool, that you still admit you are always learning, there is nothing wrong with that. I have been at it almost 17 years now and I will be the first to admit I am still learning especially with all the changes the last few years. but there is no exscuse in the world, that a trucking school turned a driver loose that does not know the formula for adjusting the fifth wheel and trailer tandoms to get legal axle weights. don't get me wrong, this is nothing personal with him, it really not his fault and he was man enough to ask. the fault lays with the school that sent him out unprepared. this formula not only covers scaling it also covers crossing bridges and being sure your not overweight.
Trucker 80020 wrote:
<quoted text>
I went to school for 6 weeks back in 2001. I believe that it was one of the better shcools around. However I felt that I could have used at least another 2 weeks before I would be ready. I then drove with a trainer for 6 weeks afterward. Even after that I really learned how to drive once I got out on my own. I now have six years experence and still feel that I learn something new everyday.

“Life is a Joyful Journey”

Since: Dec 06

Kingman, Kansas

#18 Feb 3, 2008
Long Haul Driver wrote:
That is cool, that you still admit you are always learning, there is nothing wrong with that. I have been at it almost 17 years now and I will be the first to admit I am still learning especially with all the changes the last few years. but there is no exscuse in the world, that a trucking school turned a driver loose that does not know the formula for adjusting the fifth wheel and trailer tandoms to get legal axle weights. don't get me wrong, this is nothing personal with him, it really not his fault and he was man enough to ask. the fault lays with the school that sent him out unprepared. this formula not only covers scaling it also covers crossing bridges and being sure your not overweight. <quoted text>
I agree. It is also the fault of the company that hired him. They should have put with a trainer for a period of time and have taught him how to do it.

“Trucking Is Not A Job-Its Life”

Since: Jun 07

Richmond / Colonial Heights,VA

#19 Feb 3, 2008
But, it is not a trainers job to teach someone the basics that he should have known coming out of a trucking school.
Trucker 80020 wrote:
<quoted text>
I agree. It is also the fault of the company that hired him. They should have put with a trainer for a period of time and have taught him how to do it.
trucker tired

AOL

#20 Feb 26, 2008
All you who have commented on new drivers not knowing how to drive a truck coming out of a Truck Driver School have it all wrong. Driving schools only train to test and pass the CDL test. How in the hell can a driver learn all about trucking in three to six weeks. Most companies who hire these people know that they are very basic drivers and need more training before letting them loose on the road. I know in over twenty years, I don't know it alll and learn something new every day; and often from one of these NEW drivers. Companies like Swift and Schneider for two do more training than most. And no, I don't work for either one.

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