Celadon on the ropes...

Discussion in 'Celadon' started by double yellow, May 3, 2017.

  1. sevenmph

    sevenmph Road Train Member

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    Keep us posted so we know you will get home okay.
    That goes for all Celadon drivers. Reach out if you need help.
     
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  3. Mountaintrucker4302

    Mountaintrucker4302 Light Load Member

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    You really believe mega carriers are responsible for cheap rates in the industry?
     
  4. Mid-May Trucker

    Mid-May Trucker Road Train Member

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    They'll make it home if they have enough money for fuel. Most likely they don't.
     
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  5. Chrizz

    Chrizz Bobtail Member

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    Any Celedon drivers going East on I-10 needing transportation please contact me through this thread I will monitor it closely throughout the day as truck drivers we all support each other until everyone makes it home safely
     
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  6. mjd4277

    mjd4277 Road Train Member

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    With the shutdown (and inevitable liquidation process) it’s going to be a buyer’s market with all the trucks that will flood the market,some of which will be sold at a loss due to depreciation. If I was in the market I’d probably try to score a 10-spd Cascadia or Pete 579 on the cheap!
     
    Last edited: Dec 9, 2019
  7. tampadedicated

    tampadedicated Light Load Member

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    36115E7F-FC36-4053-A882-E870CCE5FC5D.jpeg I just told someone last night these guys are next, they didn’t tell employees either.
     
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  8. tampadedicated

    tampadedicated Light Load Member

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    absolutely, not exclusively, but a contributing factor that can be proven and already has been with fact based evidence.

    exact same thing happened in the IT industry a few years ago. Remember you use to see those commercials for the ITT technical institute?

    you don’t see them anymore because they folded up as well, and also we’re running a scheme.

    the market was saturated with everyone and their brother getting certifications like Net+, A+, MCSE and a list of others.

    I started working in the IT industry as a professional, making money at 15yrs old.
    I’m now 41.

    I’m also a systems admin with Linux based systems and windows based systems, IBM mainframe etc etc.......

    When all these clowns got these certifications, it saturated the technical market, and you had for example, 200 networking jobs, but 2,000 Net+ techs.

    Same thing with A+ certs and jobs in datacenters. I never went and got certs, cause I’m self taught. I learned Linux by downloading it on a modem, putting it on like, I think it was 5 or 6 floppy drives, installing it and crashing that ##### 1000 times till I started figuring the #### out.

    Anyways, now you have jobs I was paid $30hr to do in say, 2005 ...... you won’t get $18-$20hr doing just a couple years later.

    Why you ask? Because there’s 5,000 people all with basically the same certs flooding the markets and they start cutting each other’s throats to make a buck, and the result of that no matter the market is a shift in profitability across the board industry wide cause other people will bid cheaper......... and in the case of driving, you’ll run it down to a razor thin margin and hit a hard floor where you just can’t do it any cheaper than $X.XX or you're negative return equity.

    They can hire all those guys cheap, and offer less, but the thing you don’t get with them is experience. They’re fresh outta school, meanwhile I’ve already been in the industry 10+ yrs.

    Replace IT industry with trucking in this example, and you have your answer, and here's a couple things just to prop up my theory......The PDF is from 2016 so while a little old, the datasets are valid

    upload_2019-12-9_14-26-16.png
     

    Attached Files:

    Last edited: Dec 9, 2019
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  9. spyder7723

    spyder7723 Road Train Member

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    Ouch. And here I was cussing myself for risking 3k.
     
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  10. tampadedicated

    tampadedicated Light Load Member

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    Yeah, I just woke up and checked on the stock ....... flaming rocket ship of death and despair gents. That on a little more than 3 Mil volume. RSI majorly oversold

    upload_2019-12-9_14-15-23.png
     
    Last edited: Dec 9, 2019
    Bud A. Thanks this.
  11. tampadedicated

    tampadedicated Light Load Member

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    Hey no offence intended, but you may wanna take out that $2,000 a week line, cause that's falling into the recruiting area and a no-go. Awesome you wanna help, but take the money talk to PM inquiry's and not in the main thread, if someones needing assistance i'm sure they'd ask that when they message you
     
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