Is this industry really going under???

200820

{"text":"I been seeing alot of people selling their trucks lately. I know rates are low right now but is this really happening. Some guys even say it straight out, \"Going out of business\". ","videos":"[]","link":"{}","pics":"[]","canComment":true,"externalShare":false}

484866

{"replyTo":"","text":"I been owner operator for over three decades.  I've seen alot  harder times.  freight rates are always like riding rollercoaster.","replyToPid":0}

770536

{"replyTo":"","text":"a lot of the reason people are closing their doors going out of business is mismanagement of money if you can't properly manage your business it's going to go under no matter what business you're in unless of course you own it all with cash and don't leverage anything with a bank cash is always King","replyToPid":0}

825848

{"replyTo":"","text":"There are too many trucks, too many drivers and no one seems to know how to squeeze money out of brokers. Its way to easy to find a driver who will agree to haul a load at a loss. \nTrucking will always function in some shape or form but hasn't been profitable lately for the small fleets. After this latest bloodbath is over we'll be competing with new micro fleets that bought repo'd equipment at auction and think they can make a living hauling cheaper. it'll never end.","replyToPid":0}

255377

{"replyTo":"","text":"Yes there are peaks and valleys in every industry. With the implementation of ELDs, it will reduce capacity which will in turn drive up rates. This is a fact. By how much we don’t really know yet. Depends on the freight climate and how many were on aobrds. I suspect quite a few. Mandate starts December 16th at 11:59.59","replyToPid":0}

724453

{"replyTo":"","text":"rates are low but I feel like when it bounces back it will be better than ever, the drivers that weather the storm will be grateful they stayed in the game","replyToPid":0}

724453

{"replyTo":"","text":"don't get me wrong theres some dump truck guys killing it too I've met a guy that said he gets paid big money for each load kind of like the oil field guys, not sure how true it is? But yeah I feel like when the game finally comes back around they guys who folded are going to be kicking themselves. Most business is a cycle of predictable trends","replyToPid":0}

525106

{"replyTo":"","text":"ELDs might be big reason.","replyToPid":0}

816395

{"replyTo":"","text":"I don't know about it being the end, I have  been out here for 43 years my dad did it for 43 years he did own his own trucks I have seen hard times, problem I see regulation insurance companies are back in the trucking world telling everybody when where and how again and have the medical world to back them, with the so called deregulation of trucking STATE DOT with their own personal rules, freight and the prices are slow and down some to do with China and a lot to do with Canadian and Mexico borders allowing other countries to ship through their countries to the United States, everybody in this world is busy raping the United States, if we the truck driver would to learn to band together owner operators company drivers local drivers and Union drivers we would own this country, but we don't and won't do it... we are our own worst enemy think about it","replyToPid":0}

123572

{"replyTo":"","text":"I haul specialized and pay cash for trucks, so when it gets ugly out there it's shopping time for me. Everyone else wants to haul cheap stuff with shiny new trucks and razor thin margins.","replyToPid":0}

200820

{"replyTo":"

255377 发表于 2019-12-13 20:18:49 Yes there are peaks and valleys in every industry. With the implementation of ELDs, it will reduce capacity which will in turn drive up rates. This is a fact. By how much we don’t really know yet. Depends on the freight climate and how many were on aobrds. I suspect quite a few. Mandate starts December 16th at 11:59.59

","text":"I never seen it that way.. but yea your right. ELD's will reduce capacity which hopefully SHOULD increase freight rates... so when every driver goes on eld, capacity will be on demand. Wow you just blew my mind brother. lol👍🏼","replyToPid":281175}

106326

{"replyTo":"","text":"there always be a need for trucks!!!!","replyToPid":0}

200820

{"replyToPid":0,"replyTo":"","text":"."}

200820

{"replyTo":"

106326 发表于 2019-12-13 16:53:20 there always be a need for trucks!!!!

","text":"Yea I agree, that's why I wont sell my truck.","replyToPid":281099}

200820

{"replyTo":"

484866 发表于 2019-12-13 15:45:17 I been owner operator for over three decades.  I've seen alot  harder times.  freight rates are always like riding rollercoaster.

","text":"Yea I hear you, I've had my own authority for about six years now and never really experienced a trucking recession like this. Trucking is in my blood I refuse to sell my truck but seeing others sell theirs makes me wonder if it's the end of the world.","replyToPid":281078}

200820

{"replyTo":"

724453 发表于 2019-12-13 15:47:38 rates are low but I feel like when it bounces back it will be better than ever, the drivers that weather the storm will be grateful they stayed in the game

","text":"Yea I agree I think so too, that's exactly what I intend to do too.. I know a guy who sold all his equipment and bought a dump truck. I didn't think that was wise of him.","replyToPid":281080}