Stevens, Knight, Stevens, Knight

Topic 5390 | Page 4

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Jason R.'s Comment
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Didn't Knight merge with Swift/Central? I heard a "RUMOR" that they were family and decided to merge? Thats why I put RUMOR in caps, I don't know anything on either one but I suggest to look at repayment plans, benefits ect to make an informed decision as to where to go. I see both companies in my lanes

Blake 's Comment
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Does Knight allow the truck to go home with you or does it get parked where they say?

Patrick C.'s Comment
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Didn't Knight merge with Swift/Central? I heard a "RUMOR" that they were family and decided to merge? Thats why I put RUMOR in caps, I don't know anything on either one but I suggest to look at repayment plans, benefits ect to make an informed decision as to where to go. I see both companies in my lanes

Knight and Swift did merge in a way. They are run independently from each other however, both are subsidiaries of the same parent company now. As far as the connection between the Moyers and Knights; just read the history section of Wikipedia for Swift and Knight. That will give you a good enough overview.

Patrick C.'s Comment
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Moyes not Moyers. Dang autocorrect

Jim A.'s Comment
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Knight Swift is still in the approval stage not yet a done deal

Old School's Comment
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Just wanted to see if there was an update considering i am looking a Knight now, like to hear how it went for Trish and if Old School is still working for them, his opinion.

I am still with Knight and can't see any reason why I would want to leave. I have got it so good here. I am on a dedicated account and it has really been just the kind of thing I wanted for my trucking career. The company has good solid management and all sorts of great opportunities. That trend should only continue and be furthered by it's potential acquisition of the Swift operations.

Natedog1971's Comment
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Thanks Old School, was hoping you'd chime in. Appreciate the input. I'm considering Knight and CRST (gives me $500 bonus plus 38cpm as a veteran starting out driving with a trainer) compared to Knights $400 training pay plus 33-41cpm sliding scale for training but I have to pay back the tuition on my CDL class vs. 10 mo commitment to CRST to cover the cost.

Any concerns you have about the direction of the company merging with Swift? Understand Knight management will run the merged company but mergers always make me nervous especially when stockholders are involved and the put a lot of emphasis on shareholder benefit in the merger articles and none, from what I've read, on the employee interests. From my experience there tends to be a focus on improving shareholder value immediately which can often be in conflict with employee best interest as they are typically a company's greatest expense.

Any thoughts on either company, both seem like pretty good options from the facts, CRST runs teams obviously which I'm not sure about and Knight seems to have more options for local/regional work here in So Cal. Kind of torn to be honest, feel like flipping a coin. I guess for 10-12 months neither would be a bad choice from where I sit if I'm positive and willing to work, which I am. Any thoughts on lease purchase or going owner operator with either company? Pros/cons?

Again, thanks for your input or any advice you have and will be well appreciated.

CDL:

Commercial Driver's License (CDL)

A CDL is required to drive any of the following vehicles:

  • Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
  • Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
  • Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
  • Any vehicle required by federal regulations to be placarded while transporting hazardous materials.

Regional:

Regional Route

Usually refers to a driver hauling freight within one particular region of the country. You might be in the "Southeast Regional Division" or "Midwest Regional". Regional route drivers often get home on the weekends which is one of the main appeals for this type of route.

Owner Operator:

An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

Jim A.'s Comment
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It would be interesting hearing from you Old School. On what Knight has been saying what will the future be after the deal with Knight and Swift goes through. I have heard what Swift has been telling it's drivers but not what Knight is saying.

Brett Aquila's Comment
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It would be interesting hearing from you Old School. On what Knight has been saying what will the future be after the deal with Knight and Swift goes through. I have heard what Swift has been telling it's drivers but not what Knight is saying.

Old School will chime in I'm sure. But let me say this. Absolutely no one knows what the future will hold after any mergers like this. Not even the top brass can be entirely sure of the direction they'll take. Look back at mergers in any industry, historically, and you'll find that the top brass always keeps their plans a secret anyhow. They're not going to tell anyone ahead of time about any major changes that might be in the works because they're afraid it's going to cause a major disruption to the business.

If, for instance, they were to announce that Swift's brand will be eliminated and merged into Knight there would almost certainly be a mass exodus of hundreds, or even thousands of Swift drivers fearing the worst. Now you've let the cat out of the bag long before you can even execute on the plan and the business is completely disrupted.

So there's no way to know what changes, if any, will happen from these types of mergers. There are companies like Wil-Trans and Jim Palmer that are owned and operated by the same people but are run as almost two entirely separate entities. Then there have been many mergers over the years where one company was completely absorbed into the other and eliminated.

There's just no way to know.

Wil-Trans:

Darrel Wilson bought his first tractor in 1980 at age 20, but, being too young to meet OTR age requirements, he leased the truck out and hired a driver.

Through growth and acquisition, Wil-Trans now employs over 200 drivers, and has a long-standing partnership with Prime, Inc. to haul their refrigerated freight. The family of businesses also includes Jim Palmer Trucking and O & S Trucking.

Jim A.'s Comment
member avatar

double-quotes-start.png

It would be interesting hearing from you Old School. On what Knight has been saying what will the future be after the deal with Knight and Swift goes through. I have heard what Swift has been telling it's drivers but not what Knight is saying.

double-quotes-end.png

Old School will chime in I'm sure. But let me say this. Absolutely no one knows what the future will hold after any mergers like this. Not even the top brass can be entirely sure of the direction they'll take. Look back at mergers in any industry, historically, and you'll find that the top brass always keeps their plans a secret anyhow. They're not going to tell anyone ahead of time about any major changes that might be in the works because they're afraid it's going to cause a major disruption to the business.

If, for instance, they were to announce that Swift's brand will be eliminated and merged into Knight there would almost certainly be a mass exodus of hundreds, or even thousands of Swift drivers fearing the worst. Now you've let the cat out of the bag long before you can even execute on the plan and the business is completely disrupted.

So there's no way to know what changes, if any, will happen from these types of mergers. There are companies like Wil-Trans and Jim Palmer that are owned and operated by the same people but are run as almost two entirely separate entities. Then there have been many mergers over the years where one company was completely absorbed into the other and eliminated.

There's just no way to know.

Oh I totally agree with you there. As a Swift employee they have been telling us complete separate businesses. But who knows what the future holds. I am just interested hearing the other side checking notes so to speak.

Wil-Trans:

Darrel Wilson bought his first tractor in 1980 at age 20, but, being too young to meet OTR age requirements, he leased the truck out and hired a driver.

Through growth and acquisition, Wil-Trans now employs over 200 drivers, and has a long-standing partnership with Prime, Inc. to haul their refrigerated freight. The family of businesses also includes Jim Palmer Trucking and O & S Trucking.

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