The Winds Of Change Are Blowing

Topic 25558 | Page 1

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Amish country's Comment
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Found out late this afternoon that my company and our larger affiliate have been negotiating and serving terms for a sell/buy situation. My current company has filed for restructure and the larger company will take us over as theres from what I understand. All should be done in 60-90 days. It seems to be a good thing for us. Benefits are significantly better, current pay structure/bonus is going to be reviewed to see if it can improve and 25 new trucks once its finalized with more by end of year. We keep all seniority and years put in and get those benefits right away. To try and keep drivers from leaving that are offering current employees $2k once the deal is done and another $2k 6 months later.

That about sums up what I know so far. Going to be an interesting year and if it's as good as they make it seem then itll be a great year.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
PackRat's Comment
member avatar

I hope it works out for you.

Turtle's Comment
member avatar

Good luck with that. Mergers/takeovers can often work out to an advantage.

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