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The shortage worsens, small / mid size co folding

Discussion in 'Experienced Truckers' Advice' started by Lennythedriver, Oct 7, 2022.

Page 1 of 8
  1. Oct 7, 2022 #1
    Lennythedriver

    Lennythedriver Road Train Member

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    Trucking jobs evaporate as shortage worsens

    Largest single month decrease in drivers on the road or currently employed since 2009. Some trucking companies are actually having to cut their customers and simply tell them we can’t run all your loads. Also in the article it describes that many small and midsize companies are closing shop or very close to closing shop. They’ve stopped even trying to get new trucks at many places. The storm is just starting to kick up. It’s gonna be a long winter!
     
    Lennythedriver, Oct 7, 2022
    Lennythedriver, Oct 7, 2022
    #1
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  3. Oct 7, 2022 #2
    tscottme

    tscottme Road Train Member

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    Somewhere out West, in my mind.
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    Story doesn't sound right to me. How does not being able to put more trucks on the road force you out of business? Imagine a landlord saying "I can't get by with just 100 apartments. If I can't get another 30-50 apartments I'll go bust." Fuel costs are up, more trucks burn more fuel. If each truck isn't making a profit hiw does adding trucks move a company from losing money to making mone? I'm no business expert, that's why I've always been a company driver.
     
    tscottme, Oct 7, 2022
    tscottme, Oct 7, 2022
    #2
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  4. Oct 7, 2022 #3
    AModelCat

    AModelCat Road Train Member

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    Diesel went up $0.40/L in the last 5 days here. That's roughly a 30-35% increase.
     
    AModelCat, Oct 7, 2022
    AModelCat, Oct 7, 2022
    #3
  5. Oct 7, 2022 #4
    Lennythedriver

    Lennythedriver Road Train Member

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    Drivers are bailing is the point I think. Just overall less drivers driving trucks right now and it was the single biggest monthly drop since 2009.
     
    Lennythedriver, Oct 7, 2022
    Lennythedriver, Oct 7, 2022
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    tscottme Thanks this.
  7. Oct 7, 2022 #5
    JonJon78

    JonJon78 Road Train Member

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    Just what the ATA and Mega's want. It will fast track getting all the new residents of the US behind the wheel of big trucks.
     
    JonJon78, Oct 7, 2022
    JonJon78, Oct 7, 2022
    #5
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  8. Oct 7, 2022 #6
    Moosetek13

    Moosetek13 Road Train Member

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    Why would drivers be bailing?

    This driver shortage thing has been talked about for many years.
    Just another fluff piece to stir up something that isn't anything.
     
    Moosetek13, Oct 7, 2022
    Moosetek13, Oct 7, 2022
    #6
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  9. Oct 7, 2022 #7
    Opus

    Opus Road Train Member

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    Right.
    But wait, there's a driver shortage.
    No, there's a company shortage of paying people a decent wage.
     
    Opus, Oct 7, 2022
    Opus, Oct 7, 2022
    #7
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  10. Oct 7, 2022 #8
    bzinger

    bzinger Road Train Member

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    It's a weird Market between contract and spot market rates now .
    My spot market friends in the reefer biz are getting pinched while the carrier im leased to holds steady and even raising rates and aggressively goes after detention and tonu,s .
    I think this has to do with high equipment prices and shippers nervous about truck availability when poo hits the fan ...I expect to see things soften then but it will never go back to pre covid levels .
     
    bzinger, Oct 7, 2022
    bzinger, Oct 7, 2022
    #8
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  11. Oct 7, 2022 #9
    skallagrime

    skallagrime Road Train Member

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    It doesnt sound right, because its a ponzi scheme, they HAVE to grow because they financed everything in 2021, and if they didnt take full depreciation theyd have been out of buisness, so if they cant grow, they cant cover their taxable liabilites
     
    skallagrime, Oct 7, 2022
    skallagrime, Oct 7, 2022
    #9
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  12. Oct 7, 2022 #10
    Opus

    Opus Road Train Member

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    The bigs say they got their money on the front end via contracts.
    Jus sayin what they sayin.

    Look, you run wild, you get what you get.
    You love the adventure and the odd high dolla load. And I love you for it.

    But the business is a business.

    It's hard to make people on both sides understand each other.

    One side is business, one side is adventure.
     
    Opus, Oct 7, 2022
    Opus, Oct 7, 2022
    #10
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