Oh No...Trucking and UnionsSubmitted by entropypressStAt on Sun, 12/27/2009 - 10:19
Arrow, the people that run the Freightliners and Kenworth trucks that you see everywhere, are laying off their truckers by calling them and telling them to drop off their loads wherever they happen to be and get a bus ticket home. There were hundreds of stranded truckers around this week because they decided not to bother telling their workers that they were laid off before they got in their trucks.
YRC trucking, as of Tuesday, needs to get their sh*t together by 12/31 to prevent being liquidated. They are one of the biggest trucking companies in the country, maybe even globally.
This is something I have heard speculated about since last fall, when I learned about the Baltic Dry Index. If this a trend that continues, this could leave the general public high and dry and then some. Everything we use comes to us by truck.