looking like they are still 60-75, yesAny recent updates on the payments term?
Are they still paying? still 60-75 days to pay?
I am telling this guy Shaun Hunter you would think he was the owner with the Arrogance he displayed, If you are a 9 billion dollar company pay your bills“We are a 9 billion dollar company”…..well, that and $2.50 might get you a cup of coffee, but it means absolutely nothing when it comes to paying your receivables in a timely fashion.
Maybe he meant their debt. ;-0I just checked - it was just over 3 billion......still...pay your bills in 30 days.
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Frank was a really good guy his kid that is running it all now I do not know her but she is not her old man. They used to pasy us weekly back when we first started going, If in by Friday paid next Friday then 15 it just kept creeping up to where now once in a blue moon we do a load.90 days is pretty rich from a company that makes new hires watch a long video of the founders humble beginnings in Hungary only to then come to Canada and exploit new immigrants, mostly from ex yugoslavia.
Didn't know Frank personally, but I know he named the company after his kids so I guess that must mean something.Frank was a really good guy his kid that is running it all now I do not know her but she is not her old man. They used to pasy us weekly back when we first started going, If in by Friday paid next Friday then 15 it just kept creeping up to where now once in a blue moon we do a load.
I met him buy asking who the jackass is that parked his Benz in front of the docks one Saturday morning at Hastech, Had a hot load was delivering from Wisconsin on a Saturday morning, Rolled in and dock was blocked so I walked in and ask who the jackass was blocking the docks. Franks says that would be me and went out and moved his car. The receiver was having a coranary and says to me do you knopw who that is. Me Nope! So he tells me Frank I said oops I may be in shit, Frank walks back in and I go over to apologize ( as said before we do a pile of Linamar) and he says no issue you are right I of all people should know to never block the docks I was a jackass and we both had a good laugh,Didn't know Frank personally, but I know he named the company after his kids so I guess that must mean something.
The $9b would be for their manufacturing business, not their logistics team.