Truck Load Rates Halt 8 Week Slide 2.0

I think I got a good eye for these fake needy people too...I don't know what it is but I can tell them with one glimpse. Maybe there is a certain glare in their eyes or body movement...
I do give small money away to those that I see as deserving compassion or sympathy, and mostly one quick look is enough for me to know that they are. I pray to God that I won't have to be like them...ever.

 

@Dino soar is right about the lack of warning threads in social media that would curb enthusiasm for the ones inspired by the vision of owning a truck and making money with it like a captain of a ship.
But not only it is difficult to find in social media enough negative experiences but also nobody wants to read them. I'd rather read about Pacific Ocean beaches and wave surfing while chicks dig the surfer than reading about myself pulling freight for...what was it...? Oh.. 1.16 per mile for a week or two (all miles...not loaded...loaded was 1.50).
Also failure stories do offer little beyond disdain from most readers and even all sorts of sympathies offered still contain an element of it.
I said a few times before that had I waited for a green light from social media, I would still be a company driver on 1099. You won't dissuade a determined person by well intentioned "I warn you" messages, simply because it would go against the person's ambitions and "I can overcome all this, cause I am a better material" attitude, even if it does seem to against a common sense. The fact that a rope walker will successfully walk from U.S. to Canada across Niagara Falls does not mean that I can ever do it too, not matter how sincere my ambitions are. If it was up to me, I'd rather swim down there in a barrel...it'd have to be a big barrel too


Everyone is a smith to forge his own fate....
Everyone is a blacksmith of their own fate.

 

Still waiting on my stimulus payment..

As for the doom and gloom new thread. I don’t understand it myself but maybe I’m completely wrong.

 

Oh yeah! I forgot you had my bank account details. LOL

 

I wouldn't say it's a warning, it's just checks and balances.

Let's be realistic about this. What is the failure percentage 85 90%? Why is that?

Probably a lot of reasons bad planning not enough money- but also coming in at the wrong time. And plenty of people wanting to make what they think someone else is making and they think they're going to get rich or it's going to be a cakewalk.

If you buy an old truck and keep your fingers crossed and you come in and the rates are great and you get two years out of it and then your truck blows up who cares? You had a little luck on your side that you came in at the right time and your old cheap truck didn't disintegrate. You rolled the dice but you came in at the right time and made enough money, and hopefully you put it away if you are intelligent. Then you take your Surplus and buy the best truck that you can.

I'm not a believer that luck takes you to where you are but there are times that luck is a factor.

So you take all of your money you invest it in the truck you invest it in the trailer you've got many thousands of dollars a month in payments you've got exorbitant insurance payments house payments car payments but you're unlucky enough or not well researched enough and you come in at the wrong time and the bottom falls out.

As I said in the other thread, if you have everything paid off and you live moderately that's your best shot to go into this.

I'm not warning anyone about anything. I'm just saying at this point in time there's a lot of uncertainty about a lot of things and I especially think of you have a good job stay where you are for a while until we see what happens.

And if you disagree that's okay if you want to come in now come on in.

Just be prepared and get the best advice you can.

 

Let's be real, if the money printing machine was not working like crazy, things would have been completely different now.

 

Hey, I never said otherwise. But, it was time for the next boom cycle last September. Add in larger then anticipated failures during the shut down, apply massive stimulus, along with a few other factors like no new foreign or American drivers entering the market, many riding the covid couch, and you have a huge boom for rates. There simply are not enough overall drivers to haul the freight.

That’s its simplest form in a nutshell.