Moore/Jack Cooper Merger

Moore is offering his current employees a chance to lease a truck? is this lease to own or just a lease? Are they hiring new drivers who wanna lease? Being a former Union driver life wasn't so bad at the bottom of the board and in this current climate I thin it would still be the same. Dealers need these cars and units are all backed up every where. I honestly wouldn't be worried about being on the bottom. The loads are plentiful especially if you don't mind working..

 

Well I can't speak for the Moore Equipment as I've never worked over there, but maintenance as we all know is key to keeping a decent truck available. I know of several companies that have decent equipment. a lot of times its about attracting drivers with new trucks. Please believe when companies get rid of trucks they've made plenty of money with it then some; As Im sure you know because the trucks will have well over a million miles on them.. ( also having several drivers in equipment is hard on them)

What I was referring to was the deal JCT/ NAAT has going on. If you ever worked at a union car haul outfit you don't work yourself to death. They will not overload a truck and a majority of the time you will be home everyday or every other day, Unless you choose to go another route. Definitely off weekends or a 34 every week. Factor that into the amount of money, Health and welfare you will be saving towards retirement, its a freaking great deal.If you already have 401K and can contribute to a pension that just free money after your vested in the pension. Pensions are only as good as the employees who contribute to them, The more contributions the better and longer the life of the pension. I'm not saying you should indulge, but i wouldn't knock it until you tried it.. The amount of money you could save, in maintenance and fuel alone, plus pay into a pension and cadillac health care is worth the price of admission.. Unless you have plans to retire soon. Leasing a truck on with that kinda benefits to the owner/ Driver is worth it. JCT has the freight. But again this is my humble Opinion..

I also wouldn't be afraid of a Older truck, maintaining equipment is just a matter of doing your job as a owner/ driver and inspecting things. over time things will happen, but there are a lot of older trucks running around doing a great job. Keep it clean and fix it when need be..