The Bloodbath Continues

Discussion in 'Other News' started by mjd4277, Feb 14, 2020.

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  2. Flat Earth Trucker

    Flat Earth Trucker Road Train Member

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    Wow. Another one bites the dust. Bye bye driver shortage myth.
     
  3. buzzarddriver

    buzzarddriver Road Train Member

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    Dallas, TX
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    The race to the bottom continues. Next thing you'll hear is companies fighting over 50 cent a mile freight.
     
  4. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

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    Another company with all of their eggs in one basket. Lose their primary customer, lose their own company.
     
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  5. bzinger

    bzinger Road Train Member

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    omaha , ne
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    Adapt or die and that's how this business has always been .
    Alot is the newbies that came in for the feast of 2018 and the market is adjusting now .
    And yes well still some more mismanaged carriers go down yet that lacked foresight.
    Well positioned carriers that didnt take on debt and race to add equipment will be fine .
    I'm no genius but looked at upgrading a year ago and very glad now I didnt as I'd have lost 10k in a year on truck value .
    And it ain't over yet .
     
  6. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    Rogers was a good carrier but like @kemosabi49 said, they had most of their eggs in one basket.
    They were union so the higher operating costs demanded they stick to high paying freight. There just isn't enough of that around any more.
    Sorry to see them go.
     
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  7. jammer910Z

    jammer910Z Road Train Member

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    There ya go.
    DIVERSIFY FOR STABILITY
     
    mjd4277 and bzinger Thank this.
  8. bryan21384

    bryan21384 Road Train Member

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    Memphis, TN
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    Depends on who you ask. Companies with a lot of customers will say there is a shortage. In any event, like the other guys said, diversification is key!
     
    Flat Earth Trucker Thanks this.
  9. mjd4277

    mjd4277 Road Train Member

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    Exactly. The majority of the stuff we haul is refrigerated but we also haul dry goods and hazmat.
     
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  10. x1Heavy

    x1Heavy Road Train Member

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    White County, Arkansas
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    Its amazing when Pappy gave me loads sometimes in the day back then. Not necessarily reefer loads. But hazmat and some other stuff now and then. It was not all eggs and butter.

    I think it was good to be loaded any way you can. Oh wait... that did not come out right in english.
     
    bzinger Thanks this.
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