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Teedlum

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Teedlum

Re: cottonmather post# 9759

Thursday, 06/19/2008 3:24:23 PM

Thursday, June 19, 2008 3:24:23 PM

Post# of 97362
With respect to this lawsuit, has anyone wondered why JPT didn't use the $250k cash infusion to cure the default thereby turning a $176k curable default into a $2.5 million judgment? Was it the lesser of their worries? Do shortfalls in fuel surcharge reimbursements and a 10% (industry average) deadhead expense have them buying fuel and time with that money? After all, why pay a trailer lease if you can't afford to haul it? Am I missing something or might this get uglier?
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