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. rachi

    rachi Road Train Member

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    And alot of people sitting around bored and ordering stuff online will spill over into the dry van segment.
     
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  3. mustang190

    mustang190 Road Train Member

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  4. mustang190

    mustang190 Road Train Member

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    Until they run out of money.
     
    Rideandrepair, Doealex and tommymonza Thank this.
  5. Oakland Raiders Forever

    Oakland Raiders Forever Medium Load Member

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    I can’t get any loads - truck driver
    I’m getting loads - business person
     
  6. Oakland Raiders Forever

    Oakland Raiders Forever Medium Load Member

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    Business planning is what business people do.

    I’m giving up and throwing in the towel is what lease ups do.
     
  7. Oakland Raiders Forever

    Oakland Raiders Forever Medium Load Member

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    I wish you would have reached out to me I have friends at Dart they are good people maybe we could have figured out something better for you.
     
  8. Oakland Raiders Forever

    Oakland Raiders Forever Medium Load Member

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    Who DECIDED to tank the economy ???
     
  9. Oakland Raiders Forever

    Oakland Raiders Forever Medium Load Member

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    I wish you the best of luck and keep your head up it will get better. This to shall pass.
     
  10. Adegon

    Adegon Bobtail Member

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    I understand that, and that's the reason I got into trucking too because I like it. But i can't tell people you need 100 grand to get into trucking. I got in with 10k, with a $2088 truck note and $760 trl note, and after over years in business, trl paid, 1 more truck payment left, I am still going strong. You just have to be smart and know how to manage your money.
     
    Rideandrepair and dwells40 Thank this.
  11. tommymonza

    tommymonza Road Train Member

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    Preparedness,timing,and Luck accounts for a lot of success most of the time.

    You were lucky that this unseen catastrophe did not occur during a already troubled market in your business adventure.

    This occurrence is going to try even the most financially prepared out there.

    Not to mention you managed to time a Boom year into your earnings.

    And fortunate to not have any major breakdowns.

    But I know you know that.

    I enjoy trucking and I have had a plan for years with it . I have a truck and a pile of cash I was going to go into with in the Fall ,but I don't foresee it being a wise plan at this point.
     
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