
Flatbed carrier Arrow Trucking suspended operations this week, stranding hundreds of drivers around the country on Christmas Eve as the company reportedly tries to get new financing to resume business.
Company drivers learned of the shutdown when the Tulsa, Okla.-based company canceled its fuel credit cards on Tuesday, according to published reports. The company sent workers at its headquarters home Wednesday and by Thursday its phones were not operating and Web site was shut down.
Truckload carrier Schneider National issued a statement Thursday saying its trucks and drivers would offer rides home, “or as close to home as possible,” to an estimated 1,400 drivers who may have been stranded by Arrow’s abrupt action.
Arrow CEO Doug Pielsticker, meanwhile, issued a statement to the Tulsa World newspaper saying the 61-year-old company is trying to resume business.
“The company has been in negotiations with its principal lender. Those negotiations are continuing, but the lender has elected to proceed with securing its collateral. The company is communicating with several interested parties and continues to see a prompt resolution,” Pielsticker said.
One lender, Daimler Financial Services, which has financed Arrow’s Freightliner truck purchases, told drivers to return trucks to Freightliner facilities to get a bus ticket home.
If anyone out there who worked for Arrow needs help finding work please email me and I can try to help. tblades@tql.com. I am also looking to find out who some of their customers were who got screwed because we have a lot of flatbeds out there...
As to union companies "just going out of business" didn't CF just shut down? I don't think there were any repercussions or payments to employees as suggested by Union Thug --- and that is how I view Union guys - never had a pleasant encounter with one..
That's OK tkinnaird, I'm not going to break any legs- what I will do is try to break the negative stereotype many on this thread have displayed against union members and organized labor in general. Thus the name union thug, it's called irony. If I had made the same positive comments about unions and had a different name would you have taken me more seriously? I kinda doubt it.
Honestly I don't follow the trucking industry that closely, but as I recall the very subject of the article we are discussing is a nonunion company. Unionized YRC may be in the tank by this weekend that is true, but their financial problems like most ltl trucking firms (union or nonunion) are due to poor economic conditions. Check out this fresh article:
http://www.businessweek.com/ap/financialnews/D9CTOATG1.htm
Hope this helps clear things up for you.
i have a hard time taking a person seriously with the posting name of union thug. that just solidifies my thoughts on unions and some of their members. if unionized companies are what we need then why are the largest union trucking companies either already out of business or about to close their doors?
With the decline of organized labor, many corporations have become irresponsible and uncaring. Free market capitalism demands balance. Workers' (union or nonunion) best defense against abuse is a strong labor movement.
My grandfather used to say: "Give a man (your employer) a day's work for a day's pay. But on the flip side now, employers aren't giving an employee a day's pay for a day's work. I got shafted at a well known donut chain, then couldn't even force my skunk bosses to show up and face me on an even playing field at the unemployment office.
Thanks for that..costs and revenue are executives' responsibility. Do you believe unionization is at the heart of the industry's troubles?
In a nutshell, you can unionize all you want...I will point to the really nice car the local hall president is driving. You can unionize all you want, but basic trucking economics doesn't change unless contracts, ratemaking, and economic performance comes under review for some semblance of responsibility. Every time an executive closes his trucking company, or sells out to a predatory competitor, everybody in our industry gets hurt. Every time some numbnut executive competes for business by matching a Hunt rate, everybody in this industry suffers. Unionizing raises costs. It doesn't change executive behavior. See Yellow Roadway Freight.
It's very unlikely that an unionized company would have taken this approach. Unionized companies enter into contractual agreements with their employees. These contracts are legally binding and would have presented real and costly problems to Arrow in addition to their banking issues. Unfortunately, these drivers just learned what an at will employee is in this day and age. Workers without the protection of a union contract are at the employers mercy ( or in this case lack of mercy). Slakewarerobert- could you tell us where we can find more info. on the auto workers pensions. I follow these issues and have never heard of such a problem. I also know a few autoworkers that would like to know about this as well. Do tell.
Yes, the auto UNION did a wonderfull job of shafting their own retiree's.
It should be join a union, but for god's sake don't retire or we will screw you.
And that was the union workers who shafted their own, not the company.
How many of these stranded truckers had bothered to look at the companies
financial dealings. Read the company financial reports.
Dropped the trailer and deadhead back home till the tanks went dry?
What the company did was despicable, but to say unions would have stopped it is
beyond common sense. Wasn't that window factory unionized, yet the doors were
locked over night there as well.
No, it is your responsibility to watch what your company is doing. If you don't think it
is good, then you need to get out.
There are 7 unionized carriers out there that should have a solid future over the long-term. If you want union employees handling your freight for much of if not all its run, here’s who you should use.
BNSF
Canadian National
Canadian Pacific
CSX
Kansas City Southern
Norfolk Southern
Union Pacific
My apologies to ABF, I just don't see the union staying on long-term.
Don't get me started on YRC. We're all waiting to sing a chorus of "turn out the lights, the party's over" as far as they're concerned.
Unions are for losers who do not have the ability to find or sustain a job based on their own skills and productivity.
The post below is obviously from someone who doesn't have a brain. Look at YRC my friend! What do you think their issue is? Are you seriously stupid enough to think that being a union member would have saved the plight of Arrow? They would have most likely shut the doors months or years ago if they were a union company and the thugs were forcing them to operate in an irrational manner. Unions are a thing of the past! There are labor laws now, which essentially eliminate the need for which labor unions were designed decades ago. Wake up and educate yourself!
NOW is the time to join a UNION !! If you don't work for arrow, you could be next. There is strength in numbers. Join the Union. This would never happen years ago when there was Unions
i worked for arrow for the past 2 yr,s in heavy haul i quit aug 26/1009 they left me with a $3000.doller over weight fine do to a routing they gave me to follow and becouse they would not re pay me for geting there truck out of the shop aorrw has never or will ever take care of there divers i am sorry to all the drivers that was not lucky enough to get away form aorrow befor it was to late i will have all of u in my prayers
rickey l davis
ray,ohio
GOD BLESS Schneider for there humanitarian deed, that LOW LIFE OUTFIT needs to close there doors. They knew ahead of time what was bound to happen and they chose to drop the ball at the last minute and abandon the back bone of there company ( The Drivers ). Those drivers were never offered any way home, instead they were told TUFF LUCK.
This post was informative for me. It enlightened me on the trucking aspects. Thanks for sharing! Looking forward to more posts from you.