Thoughts on this article about trucking slowdown?

A friend of mine, a very successful oo sold his trucks and retired afew years ago. he then got married, and just the credit cardsbills he got after coming back totalled over 50 grand, he now drives a company truck and will till he dies. That 50 grand was just the start of is downfall. lol

 

Just another day in trucking.

 

True

 

Don't go into debt don't borrow money.
Pay yourself first. Always pay yourself first above everything else. Be conservative. ... conserve $$$ for yourself.

 

True.
I've never had a job that payed squat. Every job I've had have payed primarily U.S. dollars.

 

A salesman at a Harley Davidson dealer put it well. Said: There is not one single item in this entire building that anyone needs. But they want it all. They buy it. They forego buying what they need, to buy what they want.

 

It’s not rocket science

 

I had a thought once. However, it was a long time ago. Now I do not remember what it was.

 

Back in the 90's when everybody and their dog had harley fever, a banker told me he would rather loan money on a harley than anything else. I ask why and he said people would let their house get repoed to save a harley. lol

 

I haul cardboard boxes, truck load multi stops. We’ve had this account since 2013. From 2013-16 it was steady, but there were times when we didn’t have enough loads for all drivers and excess drivers helped another account.

This is a major corrugate company. Since 2016, we’ve been busy nonstop. We turn down customers and let customers go all the time because the plant is running 24 hrs at least 6 days a week. We have double the loads most days now. If there is a recession, we sure can’t tell, and boxes would certainly be one of the first to slow down.