There is a national story unfolding in Tulsa, OK involving Arrow Trucking. To make a long story short it appears to be a case of “Daddy builds a great company. Daddy dies. Son takes over and pours company assets into his personal luxury life.”
This once reputable company hits bottom on Christmas Eve when pay checks begin bouncing as banks from Oklahoma to Utah begin to calculate their losses. Drivers were ordered to park their trucks and try to find another way home and these drivers begin calling family and friends to send them money to help them return home. Some can get home but others are totally stranded and, you can imagine, they are bitterly angry.
A huge number of trucks and trailers are missing and rumor has it that some of these stranded drivers drove their rigs to Canada and Mexico and are selling everything they can off the trucks.
A repo company has been hired to go looking for the missing assets and it is said the five employees of the repo company look like the crew in the 1984 cult movie REPO MAN. Perhaps this will lead to another movie of that kind and in the end the truck drivers will win.
I usually hate it when the crook is made to appear the hero but this story just makes me want to cheer for the drivers who were abandoned and so they worked out their own solutions. I know, I know, two wrongs don’t make a right………….but the big guys will probably get a government bail out and the drivers will only end up with what they can salvage.
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Annie,
ReplyDeleteI don't blame the drivers either. I don't believe in theft but can see how they needed their wages.
I hope there isn't a bailout for that company. I don't believe government should bailout any company. If they can't manage their funds, they need to declare bankruptcy. This may seem harsh but in my opinion, it's the way it should be. Why do the taxpayers have to pay for those who can't manage their companies.
We have two businesses in town where the sons took over and both are in trouble. All of their fathers' hard work has gone down the drain.
Love your winter pics below.
Blessings,
Mary
Sometimes you just have to fight back with what you have......
ReplyDeleteWhen the "sh** hits the fan" only the little guys get hit with the flying debris. (that noise you hear is "daddy" spinning in his grave)
ReplyDeleteWow, that sucks. I agree with you - I'm rooting for the truckers.
ReplyDeleteMost interesting Annie. I loved the way you wrote the post. always a joy to read.
ReplyDeleteYvonne.
Sometimes the big guys don't come out of this kind of situation that well either. I feel sorry for everyone who loses their job.
ReplyDeleteThis is terrible....as long as they don't get caught for selling the stuff in Canada I say go for it...sell the hub caps!!! how can someone do that on christmas eve for heavens sake!!!
ReplyDeleteToo bad when the kids come along and don't love the company like the dad's did...Sooooo many people lose in this situation...
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