May 20, 2008
Jevic Transportation ceases operations
A total of 1,036 employees of Jevic Transportation Inc. found out they were out of work today when the company announced it was ceasing operations and closing permanently, a company spokesman said.
Comments
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“OTR Dry Van Driver”
Joined: Jan 4, 2008
Comments: 126
ISP Location:
Phoenix, AZ
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That's what I heard, and here's another link to the story ... we'll probably start seeing more companies close due to the high cost of fuel and insurance.
http://www.ttnews.com/articles/basetemplate.a... |
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yeah, one of many, 25+ years and 1500+ out of work. Fuel prices weren't the only reason but it was definitely a deciding factor. Amazing how farmers get discounted fuel for use on the farms, but truckers can't get the same considerations isn't it?
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“OTR Dry Van Driver”
Joined: Jan 4, 2008
Comments: 126
ISP Location:
Phoenix, AZ
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Interesting mcbill - what other reasons you know of? Yeah; farmers get the discounts on fuel, but not trucker's ... what's up with that? |
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Judged:
1 |
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I knew of a possible shutdown at Jevic about 2-3 weeks ago, my wife works at a local "pub" that was frequented for luch by 4 of the terminal managers over there in Delanco and she overheard them talking about selling off all of the "equipment", she told me about it and it was fairly obvious the direction they were heading. They were totally mismanaged ever since the sale to "yellow" and then it got worse with the transfer to sun capital. Yellow screwed up in the beginning by not getting a "no compete" clause in the original sale.
Companies close all the time in the U.S. but they did it really scumbag way, the benefits part of it is a travesty. From what I hear Dianne Allen is getting involved, hopefully she forces sun capital to carry benefits for the emplyees for 30 days and then make them offer a "cobra" option. By the way I grew up in deaco, now live in Riverside and drive a truck fora company in Burlington |
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deaco = delanco, I guess I missed a couple keys...
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