FFE Buyout - Any Drivers With Opinions Or Info?
Topic 1445 | Page 1
Joseph, we just had a member start with FFE, you can read about his experiences at their school over in the CDL training diaries section of the forum. We told him the same thing we'll say to you - Don't even let this be a concern of yours. These big wheels in the trucking business are doing this type of stuff all the time - it has virtually no effect on the drivers. If anything, it will only make things better at FFE, but I can guarantee you that it will be business as usual, and the drivers will not notice any negative effects.
People always think there is going to start being layoffs and stuff like that after a merger, but that is not the case in these trucking buyouts. These trucking companies are usually asset based businesses and there's considerable tax advantages when you purchase a company with a bunch of rolling stock or equipment like trucks. So these guys just keep moving money around from company to company so they can stay ahead of the IRS.
Don't let this have any sway in your decision making process.
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.
Thanks Old School! I hadn't even touched on the diaries yet...there is such a massive amount of information on this site, I have been on it every day for the last couple of weeks and feel like I haven't even scratched the surface!
Companies are bought,sold and traded everyday......it seldom affects the drivers...after all, they are bought to make a profit off of...
Central Ref was bought by Swift. I don't care. It didnt change my life in any way. I still have my DM. My miles have actually increased since then. It doesn't change a thing and is a non issue.
Like Starcar said, companies get bought and sold everyday. It's nothing that you should be concerned about.
Dm:
Dispatcher, Fleet Manager, Driver Manager
The primary person a driver communicates with at his/her company. A dispatcher can play many roles, depending on the company's structure. Dispatchers may assign freight, file requests for home time, relay messages between the driver and management, inform customer service of any delays, change appointment times, and report information to the load planners.New Reply:
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One of the companies I am considering driving for is FFE. I was talking to a driver the other day who told me that FFE was sold off to another company, so I checked and sure enough FFE has been bought out by Duff Brothers (press release here).
I spoke to a recruiter who confirmed it, but she stated that FFE would be keeping their school. Any FFE drivers who can give me advice or info on how this may affect new driver candidates?
Fm:
Dispatcher, Fleet Manager, Driver Manager
The primary person a driver communicates with at his/her company. A dispatcher can play many roles, depending on the company's structure. Dispatchers may assign freight, file requests for home time, relay messages between the driver and management, inform customer service of any delays, change appointment times, and report information to the load planners.