How many more jobs to go under Abbott?

540 jobs to go as McAleese halves Cootes fuel truck fleet

http://images.smh.com.au/2014/02/18/5174913/bs-wide-truckcrash-20140218085957550982-620x349.jpg


Quote:

McAleese will axe about 540 jobs including truck drivers and workshop staff from Cootes Transport after deciding to halve the size of the beleaguered fuel-haulage business in the wake of what it described as relentless government scrutiny. The transport company will also sell about half of the trucks and trailers in Cootes’ fleet after losing contracts with Shell and BP, and withdrawing from supplying 7-Eleven in several states. McAleese said the jobs would be gradually lost over the next six months as the contracts ended. The company has set aside about $13 million for redundancies at Cootes this financial year. About 1250 of McAleese’s 2000-strong workforce nationwide are employed at Cootes, which the company bought about two years ago from private equity firm CHAMP. The job losses will primarily include truck drivers but also workshop and clerical staff.

Read more:

http://www.smh.com.au/business/540-jobs-to-go-as-mcaleese-halves-cootes-fuel-truck-fleet-20140218-32wyk.html#ixzz2teJWQXba

Abbott's short reign has been a disaster -

he should step down in disgrace as business after business goes under.

Just today 1540 jobs gone and blood on his hands from an asylum seeker death in custody.

I hope it's just an off day and things improve for him, but I doubt it, he's on a roll.

I've added this to the job watch thread so we can get a good idea of the growth in unemployment under Abort :(

Sir lastnail wrote on Feb 18^th, 2014 at 4:01pm:

I've added this to the job watch thread so we can get a good idea of the growth in unemployment under Abort :(

Good idea Nail,
how many more jobs to go under Abbott?

To be fair, I can't see my way clear to blame The Simian for this one.

Sounds more like an incompetent and greedy management cutting corners
on maintenance, over-working drivers, and pocketing profits rather than re-
investing in the company.

Kat wrote on Feb 18^th, 2014 at 4:39pm:

To be fair, I can't see my way clear to blame The Sinian for this one. Sounds more like an incompetent and greedy management cutting corners on maintenance, over-working drivers, and pocketing profits rather than re- investing in the company.

That sounds more like the real problem Kat.

Their management blaming the pressure of govt. scrutiny is a cop out for their poor decisions.
The scrutiny & action has been a long time coming & other trucking companies doing the same need to lift their games or they'll be next.

The downside of course is ordinary truckies trying to make a living lose their jobs.

Kat wrote on Feb 18^th, 2014 at 4:39pm:

To be fair, I can't see my way clear to blame The Simian for this one. Sounds more like an incompetent and greedy management cutting corners on maintenance, over-working drivers, and pocketing profits rather than re- investing in the company.

geesus H car ricet kat...

finally, you have said something half intelligent...

as a manager of a fleet of buses, if they are unroadworthy and in poor condition then its going to rest on my head...

if the owners squeeze down costs so that I can't maintain the fleet properly then i'll walk out the door as im not going to have someone's death on my hands...

if I find anyone under me cutting corners and not doing their jobs properly then i'll put them up the road...  >:(

either way of ways... it's the owners and managers responsibility to ensure the fleet is in good condition...

I'm sure that profit munching goliath Lindsay Fox will find a way to gobble up the morsels Cootes leaves on the table.
Fear not, you will be passing more 'Fox' s sometime soon.

Kat wrote on Feb 18^th, 2014 at 4:39pm:

To be fair, I can't see my way clear to blame The Simian for this one. Sounds more like an incompetent and greedy management cutting corners on maintenance, over-working drivers, and pocketing profits rather than re- investing in the company.

No one makes any money from fossil fools except big oil and governments. Ever wonder why your 7-11 store always tries to flog you lollies when you pay for your petrol ?

Sir lastnail wrote on Feb 18^th, 2014 at 6:24pm:

Kat wrote on Feb 18th, 2014 at 4:39pm: To be fair, I can't see my way clear to blame The Simian for this one. Sounds more like an incompetent and greedy management cutting corners on maintenance, over-working drivers, and pocketing profits rather than re- investing in the company. No one makes any money from fossil fools except big oil and governments. Ever wonder why your 7-11 store always tries to flog you lollies when you pay for your petrol ?

Yes Nail,
the Govts & big oil take the cake & leave the workers
such as truck drivers & service station attendants to fight over the crumbs -
& have no regard for the safety of anyone.

Bobby. wrote on Feb 18^th, 2014 at 6:31pm:

Sir lastnail wrote on Feb 18th, 2014 at 6:24pm: Kat wrote on Feb 18th, 2014 at 4:39pm: To be fair, I can't see my way clear to blame The Simian for this one. Sounds more like an incompetent and greedy management cutting corners on maintenance, over-working drivers, and pocketing profits rather than re- investing in the company. No one makes any money from fossil fools except big oil and governments. Ever wonder why your 7-11 store always tries to flog you lollies when you pay for your petrol ? Yes Nail, the Govts & big oil take the cake & leave the workers such as truck drivers & service station attendants to fight over the crumbs - & have no regard for the safety of anyone.

fair dinkum bobby, you are as thick as Greens Wins sometimes...

Governments don't run business....

Cootes problems are Cootes fault...

they are a public company run by CEOs and managers...

the employees work for share holders who want bigger and bigger profits...

their profits (not sure whether yearly or half yearly) are $109 million down about 12 to 15 million...

their profits are down because of mismanagement and failure to keep their fleet up to standard...

their reaction to this?

shed 540 jobs?

cutting more costs and less workers to maintain the fleet?

flipping idiots ...  >:(

Cootes Transport faces 300 charges in NSW

Date
    February 18, 2014 


The trucking company behind a fatal tanker crash in Sydney’s north faces more than 300 charges following safety inspections.

Cootes Transport has been subject to safety and compliance inspections since 2013. The company made the headlines in October when two people died after one of its fuel tankers crashed in Mona Vale.      :(

The inspections have revealed major defects in the trucks, including faulty brakes and suspension faults.

On Tuesday night, Roads and Maritime Services confirmed more than 300 charges had been laid against the national trucking company.


More than 220 court attendance notices have been issued relating to interstate registration, while 86 are for operating unsafe vehicles.

Five charges relate to mass and two to load restraint offences for fuel leaks, RMS said in a statement.

The company grounded trucks in Victoria last week amid safety concerns and a number of vehicles are off the road in NSW after Roads Minister Duncan Gay ordered full compliance inspections.

Mr Gay told the ABC on Tuesday that while some trucks were off the road,  "we don't apologise for putting safety and people's lives ahead of anything else".

"It is a situation that we've been closely monitoring and we do believe there is enough fleet operating if people are sensible," he said.

McAleese, the owner of Cootes Transport, has sought an extra day to prepare a review of the timing and details of a restructure of Cootes, which employs about 1000 people, after seeking a suspension of trading from the stock exchange.

Authorities made snap inspections of Cootes fuel tankers in Victoria on Friday, which led to the grounding of 25 of the 35 trucks and trailers inspected. Faults included defects in brakes, air bags, loose bolts and oil leaks.   :(      

Read more: http://www.smh.com.au/nsw/cootes-transport-faces-300-charges-in-nsw-20140218-32yfn.html#ixzz2ti14znEH

True Blue... wrote on Feb 19^th, 2014 at 6:05am:

Bobby. wrote on Feb 18th, 2014 at 6:31pm: Sir lastnail wrote on Feb 18th, 2014 at 6:24pm: Kat wrote on Feb 18th, 2014 at 4:39pm: To be fair, I can't see my way clear to blame The Simian for this one. Sounds more like an incompetent and greedy management cutting corners on maintenance, over-working drivers, and pocketing profits rather than re- investing in the company. No one makes any money from fossil fools except big oil and governments. Ever wonder why your 7-11 store always tries to flog you lollies when you pay for your petrol ? Yes Nail, the Govts & big oil take the cake & leave the workers such as truck drivers & service station attendants to fight over the crumbs - & have no regard for the safety of anyone. fair dinkum bobby, you are as thick as Greens Wins sometimes... Governments don't run business.... Cootes problems are Cootes fault... they are a public company run by CEOs and managers... the employees work for share holders who want bigger and bigger profits... their profits (not sure whether yearly or half yearly) are $109 million down about 12 to 15 million... their profits are down because of mismanagement and failure to keep their fleet up to standard... their reaction to this? shed 540 jobs? cutting more costs and less workers to maintain the fleet? flipping idiots ...  >:(

You're the one who is thick.
The operators are left trying to make a business out of low
margins so they cut corners on maintenance.

Cootes management gambled and lost.