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| Expediter Forum Time-Sensitive. This is a forum to cover the Expedited Trucking Industry. Discussion forum for Expediters such as Fed-Ex Custom Critical, Panther, and other Expediters. The Expedited Trucking Industry is time-sensitive and totally different from mainline trucking. How is your life as an Expediter? |
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| Sounds to me like you two are doing all the right things. It's just a crappy time for all trucking. Lowest freight tonnage in decades, rising fuel prices and too many trucks which, in the supply and demand economic model, allows freight rates to decline. At some point in time a balance must occur between the available freight and the number of trucks. Then we will see rates improve for us all. Sadly, for that to happen, a number of trucks must leave the marketplace. And time must pass for the economy to improve and manufacturing to pick up the pace and start needing parts and materials moved. The next nine months we will all be in a survival mode. Lowering our expectations about putting money in the bank, we are now concentrating on just making payments on time and staying in the game until the recovery. Running as hard as we are able, our settlement Wednesday was short of our truck payment, let alone have extra for eating out or savings. I am applying early for Social Security as we speak, instead of waiting for the full amount. Three months before a check arrives, I hope we can last. |
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| I heard a timetable on Clark Howard the other day for economic reovery. Low point 2011 w/ 11% unemployment and things better by 2015 with full recovery by 2020. |
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| That actually sounds like a practical outlook. Unfortunately I will be out of trucking in 3-4 years with or without a recovery. The bean counters at our company are planning on 2010 being the year we return to profitability. Either way we are committed to this expediter lifestyle and will continue to struggle to find a way to make it work. |
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