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If your carrier goes "belly up" today, what do you do?

Discussion in 'Experienced Truckers' Advice' started by JustSonny, Jan 28, 2010.

Page 1 of 3
  1. Jan 28, 2010 #1
    JustSonny

    JustSonny Big Dummy

    6,038
    5,786
    Oct 22, 2009
    Troutman NC
    0
    If the forecasters are correct, 2010 holds little promise for increased freight. More carriers will be closing their doors and competition will continue to drive freight shipping prices down. What if you get caught in the middle? Do you have an escape plan? Do you even think you need an escape plan? What's your level of confidence in the carrier you drive for right now? What carrier do you feel certain you could look to in order to keep moving?
     
    JustSonny, Jan 28, 2010
    JustSonny, Jan 28, 2010
    #1
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  3. Jan 28, 2010 #2
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,740
    12,462
    May 28, 2009
    Rancho Mirage, Ca.
    0
    :munky2:I looked in my crystal ball, but, you don't want to know what I saw. Some well established companies that went out of business over the years; Arrow Trucking, Jevic, Consolidated Freightways, not to mention the slew of companies that merged or let themselves be bought out to avoid collasping. (CFI/Conway, SMX/Western Express, Roadway/Yellow). My advice? Plan on anything happening and save some cash. There is no Job security anymore. In Phoenix, Az., they are laying off 15% of the cops to adjust the budget! Un heard off.
     
    Allow Me., Jan 28, 2010
    Allow Me., Jan 28, 2010
    #2
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  4. Jan 28, 2010 #3
    dle

    dle Light Load Member

    65
    23
    Jan 9, 2010
    ennis,tx
    0
    Escape plan? With they way the economy is going now, man I wish I had one.
     
    dle, Jan 28, 2010
    dle, Jan 28, 2010
    #3
    JustSonny Thanks this.
  5. Jan 28, 2010 #4
    walleye

    walleye Road Train Member

    3,028
    4,306
    Aug 21, 2007
    Land of Cheese
    0
    If I had to I would do what I did at this time last year,...

    Move back into my parents basement to save on rent and utilities and look for another job,....Only took a month to find a god job last year,...And I hope I never have to look for work again,...
     
    walleye, Jan 28, 2010
    walleye, Jan 28, 2010
    #4
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  7. Jan 28, 2010 #5
    Duke

    Duke Light Load Member

    74
    44
    Jun 14, 2007
    Minnesota
    0
    I see from your previous posts that you hauled cars. With the economy down , I'll bet people are not buying cars so you have nothing to haul. I hope you found a stable company to work for. I hung it up...so far so good.

    Duke
     
    Duke, Jan 28, 2010
    Duke, Jan 28, 2010
    #5
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  8. Jan 28, 2010 #6
    walleye

    walleye Road Train Member

    3,028
    4,306
    Aug 21, 2007
    Land of Cheese
    0
    Thank's for asking,...
    The car haul thing went downhill fast,......Live and learn I guess,...

    I managed to get on at UPS Freight,.....I have found the driving job I will retire from,.......Hopefully anyway!!,...
     
    walleye, Jan 28, 2010
    walleye, Jan 28, 2010
    #6
    JustSonny Thanks this.
  9. Jan 29, 2010 #7
    Stump

    Stump Heavy Load Member

    769
    663
    Jan 27, 2009
    Modesto CA
    0
    Ill just sell crack to the goverment, seems they need to smoke more. Might as well make money giving them what they want.:biggrin_25523:
     
    Stump, Jan 29, 2010
    Stump, Jan 29, 2010
    #7
    JustSonny and Infosaur Thank this.
  10. Jan 30, 2010 #8
    Mountainman444

    Mountainman444 Light Load Member

    59
    15
    Dec 28, 2008
    North GA
    0
    Pack up the most important things in my truck and put a bus ticket on the credit card. We used up all the savings while I was out of work for 6 months. The way the economy is you just never know these days. But I don't sit around worring about it. Either way, life goes on. One day at a time.
    Joe
     
    Mountainman444, Jan 30, 2010
    Mountainman444, Jan 30, 2010
    #8
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  11. Jan 31, 2010 #9
    Big Don

    Big Don "Old Fart"

    17,996
    35,644
    Sep 8, 2007
    Utah's DIXIE!
    0
    There is an old proverb that says, "Man plans, God laughs."

    You do need to make plans for the future, just remember that no matter how many plans and back up plans you have, something CAN come along and screw them up.

    Now, on that cheerful note - I'm planning on going to dinner now. Catch y'all a bit later!:biggrin_25525:
     
    Big Don, Jan 31, 2010
    Big Don, Jan 31, 2010
    #9
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  12. Jan 31, 2010 #10
    IUFAN87

    IUFAN87 Light Load Member

    220
    31
    Jun 22, 2009
    All Over
    0
    Well, I have a plan to have enough money saved back to be able to buy a cheap used car. Load all my stuff out of the truck. Then sell the car when I get home.
     
    IUFAN87, Jan 31, 2010
    IUFAN87, Jan 31, 2010
    #10
    JustSonny Thanks this.
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