Sign up for The Wire Newsletter!

ABF Moving and Panther to consolidate

Discussion in 'Panther Premium Logistics' started by Lawrence, Nov 5, 2016.

  1. Lawrence
    Classy

    Lawrence Founder Staff Member

    Joined:
    Nov 30, 1999
    Messages:
    8,253
    Trophy Points:
    405
    Ratings:
    +909 / 0 / -0
    • Like Like x 1
  2. MB driving
    Dr Pepper Addict

    MB driving New Recruit Driver

    Joined:
    Nov 10, 2016
    Messages:
    4
    Trophy Points:
    1
    Ratings:
    +0 / 0 / -0
    Carrier:
    Panther Premium
    Vehicle:
    Straight Truck
    No mention on whether they are keeping the Panther name. I just hope they don't expect us to haul household goods between residences.
     
  3. Moot
    Confused

    Moot Veteran Expediter Owner/Operator

    Joined:
    Dec 26, 2005
    Messages:
    10,180
    Trophy Points:
    1,005
    Ratings:
    +6,087 / 2 / -0
    Carrier:
    Panther
    Vehicle:
    Transit 350 Long/Tall Ecoblast
    This move appears to streamline operations by eliminating redundancy and head count. Despite the corporate mumbo jumbo about what the customers want, the key words are greater shareholder value. Consolidating ABF Logistics, ABF Moving and Panther Logistics into one business unit also makes it easier to sell should they need to separate and sell either the LTL or this new division.

    “Quite simply, our customers are asking for integrated solutions from us and easier access to them. Based on that feedback and our own market research, we feel confident that this is a significant step toward delivering best-in-class customer experience and greater shareholder value,” McReynolds said in a Thursday morning conference call with investment analysts who follow the publicly held company.
     
    • Like Like x 2
Loading...
Similar Threads - Moving Panther consolidate
  1. aquitted
    Replies:
    0
    Views:
    60
  2. Lawrence
    Replies:
    2
    Views:
    162
  3. warbry90
    Replies:
    12
    Views:
    978
  4. Slo-Ride
    Replies:
    1
    Views:
    572

Share This Page