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45 min video from higher ups / more bad news?
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<blockquote data-quote="bbsam" data-source="post: 1260593" data-attributes="member: 22662"><p>Because the increase in profits at the contractor level are minimal. Vehicles have to be replaced, older vehicles cost more to maintain, increased business requires more trucks and more drivers. </p><p></p><p>But you miss alot of the model. Your cynicism about the trickle down economics is partially true but it has to be sustainable. The company spent alot of time and money bringing in temps for peak and largely came up failing to attract the kind of drivers they want. They are realizing high turnover and a small pool of applicants. Nick used to talk about it extensively but he missed the same thing you miss, the sustainability. They have reached the point of either accepting less qualified and worse drivers or rethinking the financials of the model. From an insurance liability side, worse drivers is not really an option and that too comes with a potentially devastating dollar amount.</p></blockquote><p></p>
[QUOTE="bbsam, post: 1260593, member: 22662"] Because the increase in profits at the contractor level are minimal. Vehicles have to be replaced, older vehicles cost more to maintain, increased business requires more trucks and more drivers. But you miss alot of the model. Your cynicism about the trickle down economics is partially true but it has to be sustainable. The company spent alot of time and money bringing in temps for peak and largely came up failing to attract the kind of drivers they want. They are realizing high turnover and a small pool of applicants. Nick used to talk about it extensively but he missed the same thing you miss, the sustainability. They have reached the point of either accepting less qualified and worse drivers or rethinking the financials of the model. From an insurance liability side, worse drivers is not really an option and that too comes with a potentially devastating dollar amount. [/QUOTE]
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