Gary_in_Indiana
Elite Member
- Joined
- Apr 22, 2002
- Messages
- 3,373
- Location
- Fort Wayne, IN
- Tractor
- John Deere 4200 MFWD HST w/ JD 420 FEL w/ 61" loader bucket & toothbar & JD 37 BH w/ 12" bucket
Yours is an optomistic viewpoint. /forums/images/graemlins/cool.gif I'm not sure that you're going to see any major wage increases across the board as a result of this. I'm not saying I don't want to see drivers earning more money, I just don't think it's going to be a huge boon.
A lot of very, very good people have gotten out of the business from the owners and managers to the drivers. I could put half a dozen more good drivers to work Monday if I had them. I can't get good people and I'd rather let business go than put on people I'm not comfortable putting into a truck I own. The used class 8 truck market has gotten a lot stronger in the last six months and I've liquidated four trucks recently and will liquidate another half dozen in the next two weeks. I hate to put myself into a position of having to buy later in a rising or high market to replace these, but such are the decision every owner faces. /forums/images/graemlins/crazy.gif
Most of the good people I know who got out of the industry in the past five years don't want to come back. In the case of owner operator's who had their credit ruined by a repossession, they really can't get back in. It's been tough in this industry for everyone. I think the people who fared best top to bottom were company drivers for captive fleets. Everyone else had to deal with the marketplace. It's not over, either.
One of the largest carriers around is based here and the place looks like a ghost town in many parts. They recently approached me about renting service area space as small as a single bay in their truck shop. They are that desperate to create revenue at that facility. With just the rental of a single bay they offered to include unlimited office space and ulimited paved, lighted parking. When they walked me through the one office building to show me the space I was amazed at how empty and desolate it was in there. /forums/images/graemlins/shocked.gif A year ago it was busy. /forums/images/graemlins/frown.gif
As to the 70 hour weeks and low wages, add another 30 hours, having your own capital at risk and getting phone calls at all hours of the day, night weekends and holidays from all over the country forcing you to drop whatever you're doing (like a family dinner or holiday gathering with friends and family) and you'll begin to understand what it's like to own and operate a small trucking company in this market. /forums/images/graemlins/wink.gif
A lot of very, very good people have gotten out of the business from the owners and managers to the drivers. I could put half a dozen more good drivers to work Monday if I had them. I can't get good people and I'd rather let business go than put on people I'm not comfortable putting into a truck I own. The used class 8 truck market has gotten a lot stronger in the last six months and I've liquidated four trucks recently and will liquidate another half dozen in the next two weeks. I hate to put myself into a position of having to buy later in a rising or high market to replace these, but such are the decision every owner faces. /forums/images/graemlins/crazy.gif
Most of the good people I know who got out of the industry in the past five years don't want to come back. In the case of owner operator's who had their credit ruined by a repossession, they really can't get back in. It's been tough in this industry for everyone. I think the people who fared best top to bottom were company drivers for captive fleets. Everyone else had to deal with the marketplace. It's not over, either.
One of the largest carriers around is based here and the place looks like a ghost town in many parts. They recently approached me about renting service area space as small as a single bay in their truck shop. They are that desperate to create revenue at that facility. With just the rental of a single bay they offered to include unlimited office space and ulimited paved, lighted parking. When they walked me through the one office building to show me the space I was amazed at how empty and desolate it was in there. /forums/images/graemlins/shocked.gif A year ago it was busy. /forums/images/graemlins/frown.gif
As to the 70 hour weeks and low wages, add another 30 hours, having your own capital at risk and getting phone calls at all hours of the day, night weekends and holidays from all over the country forcing you to drop whatever you're doing (like a family dinner or holiday gathering with friends and family) and you'll begin to understand what it's like to own and operate a small trucking company in this market. /forums/images/graemlins/wink.gif