Thousands of truck drivers have lost their jobs this year in the trucking 'bloodbath.' Here's what's behind the slowdown in the $800 billion industry.
Thoughts on this article about trucking slowdown?
Discussion in 'Questions From New Drivers' started by Labrador, Aug 19, 2019.
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A year ago year ago if you wanted to buy a new truck, ordered from the factory to your specs, the wait time to delivery was close to a year. It's substantially less now.
This industry needs fewer trucks on the road to get freight rates back up to a profitable level.Thull, Texas_hwy_287, shogun and 5 others Thank this. -
Texas_hwy_287, FlaSwampRat, JonJon78 and 1 other person Thank this.
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FlaSwampRat and Lepton1 Thank this.
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Girlfriend told me last night my former company's starting to get light in the freight department. Which is starting to worry some and piss others off. Dispatch has had to restructure some runs to road drivers so they can get the miles for the week and scrape loads together for the day trippers.
With watching some news reports stating that we’re heading into another recession comparable to 2008. Seeing some of these trucking companies close their doors is rather worrisome. Especially if the markets slowing down with production in manufacturing.Intothesunset, FlaSwampRat and Lepton1 Thank this. -
What companies closed up because of slow freight, that didn't have all their eggs in one basket?
The news has an agenda and is actively trying to get consumer spending down all the while praying for a recession.Purplepete90, TankerP, spindrift and 11 others Thank this. -
I haven't seen a slowdown with my company, or at least my miles anyways. My trainer back in January (I'm still a noob), he told me about what it was like in the 2008 recession. It sounded like absolute hell.
Let's hope the media is just hyping this up. It's a shame to see people hurt in recessions and families lose everything. I am very blessed that trucking has given me the opportunity to build my rainy day fund to a respectable level, that will hopefully weather the storm of any economic downturn that is out of my control.FlaSwampRat Thanks this. -
My impression is with the other poster above that this is a news story with an agenda. Have any of you personally witnesses signs of a slowdown?
The left has said, repeatedly, that they wish for a recession in order to put a different president in power.Appalachained, ACO476, D.Tibbitt and 3 others Thank this. -
While I'm not in general freight we are busy as hell. People are spending and the wheels are turning and we are getting paid and expanding. There might be some segments of trucking that have too many drivers (I'm sure there are) but not everyone is getting pinched in this.
bzinger, bryan21384, Fabulous Maximus and 2 others Thank this. -
bzinger, Fabulous Maximus, Cabinover101 and 1 other person Thank this.
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