trucking jobs
I almost quoted the entire article it was so good.
Driver shortage creates quandary for trucking.
On the one hand, a lack of drivers is restricting the ability of
trucking companies to expand and meet current freight volumes. Yet that
same lack of drivers results in tight capacity, which is allowing
fleets in many cases to get higher rates from customers and reject
unprofitable business.
Over 12,000 trucking companies went belly up after the summer of 2000… mine was one of them, Trism, Inc., the companies remaining today have a lot of making up to do… a barren treasure chest to fill for another rainy day… and they are going to milk it for what it’s worth.
The good thing is — it’s nice that the trucking companies are controlling their capacity & they are driving the Bus. Now, the shippers are pleading & begging for capacity and behaving much, much kinder & nicer– it’s kinda like when the Southern Colonel’s lost their rights to own slaves… they had to be nice to their slaves in order to keep them from running off to Greener Pastures elsewhere.
Capacity is the Achilles Heel that broke many of us… we were too vain & stupid to respond earlier to the market conditions.
In other words, if my main diet is Fur Seals and I am a Great White… and some event diminishes my Fur Seals down to half or less of their population— then my Great White Brothers & Sisters had better Move On or be Eaten by the Clan… or worse yet, by Killer Whales as the likes of CIT, Merrill Lynch, & Wall Street.
Cheers!
M
Glad to see someone that knows way more than I do agree with what’s going on here. I agree with everything except that I don’t think any company is purposely controlling capacity. I believe they’re still as greedy as ever and if there were enough drivers to support their stupidity we’d be back where we were several years ago.