Shippers have wised up

https://www.wsj.com/articles/trucking-oversupply-is-weighing-on-carriers-earnings-outlooks-b538be7f

 

And yet daily there are the posts with, "OK, i bought a truck, now what do i do?".

 

The writing was on the wall for the past couple of years now. Ever since the pandemic ended the market was over saturated with trucks chasing after freight.

 

And yet someone will still go out and spend/finance 50K to chase after $1.70 freight.

 

I certainly was guilty of that mindset b4 i found this site . Should be a prerequisite to come here and read / ask questions for a few months .

 

It's frankly amazing the number of people who only find this site AFTER they've screwed themselves.

 

Live & learn, if you can make it through this mess then you'll do fine, but as ole Merle sang...

 

I can only speak for myself . i've more or less made things go my way by working hard and being pennywise . I thought that would apply to trucking and probably would 15 - 20yrs ago . Now everything is on its head and far too many things out of my control , ie when is that 30k$ breakdown gonna happen ect ect ect .