Trucking Economist Predicts “A Lot of Trucking Failures” Coming Soon Due to Pandemic What do yall th

Discussion in 'Experienced Truckers' Advice' started by Bobtail Bobby, Apr 5, 2020.

  1. trucker2121

    trucker2121 Light Load Member

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    I know all the in & out of trucking. I've been on top of everything. Until dealership taken their time.
     
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  3. REO6205

    REO6205 Road Train Member

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    Famous last words spoken while watching your truck get repo,d.
     
  4. 062

    062 Road Train Member

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    If a breakdown is what put you under, then you didn’t have enough money set aside. Before you try again you need to figure out the cause, then come up with a plan so it doesn’t happen again.
     
    whoopNride and Sirscrapntruckalot Thank this.
  5. JoeTruck

    JoeTruck Heavy Load Member

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    First you need three months of living expenses. Than you need at least two months of truck expenses plus twenty grand, most likely the largest repair you might encounter..
    Then you need to work for that company for one or two years and see if you get enough miles to make it work.
     
  6. FoolsErrand

    FoolsErrand Road Train Member

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    The jist of it is trucking is stupid. If you have the needed hundred grand to enter safely, do something else with it.


    Miles miles miles = repair repair repair.

    Wheres @Old Man to tell them its less miles more money.
     
  7. trucker2121

    trucker2121 Light Load Member

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    yea has repaired. but don't feel it will last. I think something will go wrong soon. two weeks ago was air pressure not building (had to tow to dealer). last week no start. but worked out a deal with director. thank goodness.
     
    Rideandrepair Thanks this.
  8. trucker2121

    trucker2121 Light Load Member

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    have plenty money in escrow. repairs/tow is draining it in just two weeks. im feeling very uneasy about continuing with this truck. on top of that im in the hole.
     
    bzinger Thanks this.
  9. jeffman164

    jeffman164 Medium Load Member

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    Seems like you are doing the right thing by turning it back in.
     
  10. drivingmissdaisy

    drivingmissdaisy Road Train Member

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    As do I. Without getting political, the recession under Obama had the fundementals of the economy being crappy going into the recession. This recession was caused by a global pandemic that literally turned off the lights to the companies one day when they were otherwise running along pretty #### good at 3.5% unemployment.

    With the fundamentals of the economy being so strong going into this I feel it might not be "V" shaped but it should recover quicker than in the past.
     
    Wasted Thyme Thanks this.
  11. TokyoJoe

    TokyoJoe Road Train Member

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    So you think that the coeonavirus caused the economy to tank? It wasn't the morons who decided to tank the economic based on total BS?
     
    StrokerTSi Thanks this.
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