Reply #11: They bankrupted a company I worked for, IMO.

[denverbill]

I used to work for a trucking company, a relatively small privately owned company which had only just gained a national reach.

Landing the Walmart account was a big deal. After a year or so, they easily became our biggest account. Unfortunately, when it came time to renegotiate our deal, Walmart played hardball. After we had hired extra employees, built expanded facilities, etc, to handle their freight, they came back and gave us a take it or leave it rate which essentially meant we were losing money on every piece of freight we delivered.

Management unwisely decided to keep hauling for them anyway, and we had to jack up rates to all other customers to break even. Eventually, those customers bailed on us, and we were screwed.

Walmart sucks.