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Trucking industry in bad shape
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I here run the risk of being labelled a "Wall Street Type." For the record, I do not work in RRs or trucks, and I do not own any stock or have any other investments. <br /> <br />Let me also say that stockholders can and do make stupid decisions based on share price, all the time. <br /> <br />However, I take exceptions to some of your statements. Understand that my perspective is from the business/consumer whose products move on your truck. <br /> <br />"Would you sign your life away for $10.00 an hour? I doubt it. But if the stockholders had their say, you would." <br /> <br />Okay, it's not the stockholders saying this, it's people like me. How, why? Because the market (me) is only willing to pay so much to get a product to me. <br /> <br />"what of the poor soul out there sent from one coast to the other for an entire month?" <br /> <br />Well hopefully this stuff will move by rail in the future for most of it's distance. <br /> <br />"Any non-union drivers out there that read this, you better organize soon. Or your kid flipping burgers at McD's will be making more than you as far as an hours-to-wages ratio is concerned." <br /> <br />Um, this, I would definitely not advise. I just don't think there is the kind of energizing movement behind unionizing that there was 100 years ago. Laregly, unions have stamped out that abuce which was once grossly common. <br /> <br />Also I'd note that McDonalds isn't unionized. Not that I would want to work there. <br /> <br />I guess I would just comment that if they only pay $10 an hour, it's because people -- aparently yourself included -- are willing to work for that. If people were not willing, they would have to raise the pay. I can only assume they do not do *that* because they cannot bring in enough revenue to cover it. Possibly, again, rail competition may have some influence on this. Hunt & Schneider move trailers by rail, for example, to cut their overhead. <br /> <br />Every company is different, but in general, most companies will pay what they can afford to pay you, because if they don't, you'll go work elsewhere. Those that don't may stick around for a while, but eventually go under, because badly managed companies don't last long in today's world. <br /> <br />Best Regards, <br />Alexander
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