tag:blogger.com,1999:blog-37353682.post7911197225227602902..comments2024-03-28T16:44:23.293-07:00Comments on Just A Car Guy: Two minor trucking companies, Knight Transportation and Swift Transportation, will combine in an all-stock deal as they seek scale amid pricing pressure in the trucking sector.Jessehttp://www.blogger.com/profile/18429349943129907930noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-37353682.post-85388061164746072042017-04-16T18:55:03.810-07:002017-04-16T18:55:03.810-07:00Well, you didn't knock anything I had to say, ...Well, you didn't knock anything I had to say, so, I guess I did allright. As for family friends, hell, who wouldn't like a trucking company owner as a family friend? They must be rich as hell! Shame SWIFT drivers suck so bad they equal out the black holes in the universe, but, well, hiring standards and pay scales are to blame for that, and those would cut into profits. As if the insurance costs aren't doing that already. <br />Jessehttps://www.blogger.com/profile/18429349943129907930noreply@blogger.comtag:blogger.com,1999:blog-37353682.post-48169546921125160222017-04-16T17:09:55.549-07:002017-04-16T17:09:55.549-07:00Owners of both are long time family friends. Anyth...Owners of both are long time family friends. Anything else really need to be said ?. As far as Swift goes quantity does not equal quality.pegasus m13https://www.blogger.com/profile/11204418899755266605noreply@blogger.comtag:blogger.com,1999:blog-37353682.post-77182999234530405742017-04-10T19:52:09.882-07:002017-04-10T19:52:09.882-07:00I also gave them the benefit of rounding UP on the...I also gave them the benefit of rounding UP on their 4.3 units, to make it 5, to make the numbers super simple to work with to show how small they are. The 3rd, 4th, and 5th place companies are all between 4 to 6 units, and just merging with Knight only makes them equal to the 4th and 5th place companies, in terms of revenue... and really doesn't even improve their 1/13th share of the top 5 trucking companiesJessehttps://www.blogger.com/profile/18429349943129907930noreply@blogger.comtag:blogger.com,1999:blog-37353682.post-92101341705132246372017-04-10T19:49:01.281-07:002017-04-10T19:49:01.281-07:00Here is the way I see Swift as a minor trucking co...Here is the way I see Swift as a minor trucking company... <br /><br />They aren't major, they are 1/5th the revenue of the #1 company, and the first 4 are doing 60 units of revenue, and 5th place Swift is doing 5 units. <br /><br />That means they are getting 1/13th of the total amount of 65 units of the top 5 companies. <br /><br />12/13ths of the business of the top 5 goes to other companies.<br /><br />Like I said, minor trucking company. <br /><br />What do you think now? Jessehttps://www.blogger.com/profile/18429349943129907930noreply@blogger.comtag:blogger.com,1999:blog-37353682.post-15308085492036834502017-04-10T19:08:31.023-07:002017-04-10T19:08:31.023-07:00I dont know about minor... Swift was No. 5 in '...I dont know about minor... Swift was No. 5 in '15..<br />http://www.joc.com/sites/default/files/u48801/spec-truck-top50table_0.jpgAndy Rezsnyakhttps://www.blogger.com/profile/17083483376251253535noreply@blogger.com