Swift, schneider, Cr England will always outlast o/operators as they have thousands of trucks and will move freight for cheap.
Point of oversaturation in the trucking industry?
Discussion in 'Ask An Owner Operator' started by TylerHarris96, Aug 27, 2018.
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Dave_in_AZ Thanks this.
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Darwinism in the trucking industry will apply. As freight slowly gets less and less, the weak will start to fall off on the wayside one by one. When I say the weak I mean both drivers and companies. It will not happen instantly, it will happen gradually. When it hits it's lowest, there will be thousands of former drivers who will have moved on to doing other things. Some for lower pay and some with higher pay.
Then slowly it will go back up again and some of those former drivers will stay where they are at and some will come back and new younger drivers will come. It is the normal progression of an economic cycle. Or life actually.
"Nothing is permanent. Everything is subject to change." -Buddha, 4th Century B.C.77fib77, TylerHarris96, TripleSix and 2 others Thank this. -
Yes. Always does. I remember back in 2008 or so the prognosticators were still saying how everything looked good but freight was already slowing down but it hadn’t shown up yet in their figures.
The last few weeks load availability has dropped quite a bit in some areas.
I think we are already seeing the beginning of another slowdown in trucking. I hope I am wrong!
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DSK333, HopeOverMope and stillwurkin Thank this.
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well we picked up contract with feeders delivering to farms because swift drivers kept getting lost and running into the buildings .......
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