What happens to you guys during a recession?

The only way to peace is through strength.

 

Werner stock did fine during 2008 and they dry van

 

They also downsized their Fleet by 1/3, about the same time.

 

Also, people that are using factoring companies, while adding trucks, is very irresponsible. If you can’t be self sustainable with the amount of trucks you have now, then you have no business adding more IMO.

 

Not hard with high turnover.

 

Con way freight increased their earnings in 2019 by 9%. Brokers are doing very well at our expense. Google Earnings reports all public info. Meanwhile there is a load posted for 1.25mi and drivers are fighting in the truck stop for it neither of them spoke good English

 

While I have no idea on your situation, gun sales and ammo sales are actually down in the US, have been since Trump and the Republicans took office. When Democrats have control gun sales and ammos increase. Doesn’t matter what you or I believe in, it’s fact.

 

I disagree on this. Paying 1% factoring fee for the cash flow security is well worth it IMO.

 

1% is one thing, everyone of them that ever called me was 5% or better. I'd let the broker hold my money for an extra week for an extra 5%.

 

For 1% fee you gotta have at least $200k weekly revenue. $100k can get you 1.5%
One guy operation is typically at 3% . I am talking non recourse