Something Terrible Is Happening In Trucking
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- čas přidán 8. 07. 2024
- The trucking industry is going through a recession unlike any before. I'll show you why this happened and how it's going to end. Enjoy!
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Another big problem that people don't talk about enough is the sabotage of the diesel engine, by the EPA. The diesel engine is, without exaggeration, the very heart of the economy. Without it food isn't planted or harvested, goods aren't shipped, heavy work vehicles can't keep utilities running, society grinds to a halt. Through EPA regulations, diesel engines are getting more expensive, less reliable and less efficient.
The EPA is responsible for extraordinary increases to the cost of living through multiple regulations that do more harm than good to the environment, a leader needs to be elected that will nuke the EPA.
yeah dummy, we have to breathe the air. it's up to technology to advance. your way of life is a failure if it poisons life. you really are dull
Now that Chevron Deference has been overturned, maybe we will see a change in this nonsense.
That's a load of shat. Keep thinking it though...
@user-uq7yr9mg3j I'm curious on which post you are replying. Thanks for the clarification!
That EPA is a travesty. What we've done to mother earth. Raped it for personal gain.
What happened is the scammers from India became drivers and brokers
. . . And CZcams content creators.
Don't forget the Nigerians also....
No racists here.... lmao. Maybe just uneducated I suppose.
Really?
What the heck? What does that have to do with trucking? I have yet to see truckers from India. LOL
If flip floppers would stop hauling for $22 and a half eaten sandwich, that would improve 50% of the market...
The Global Economic System is crashing, that's why this is happening.
Be quiet fool.
Democrat Imported voters have permanently destroyed the labor and trucking markets, driving prices to all time LOWs
It's called Union Busting Democrat Pro Slave Scab Labor
Flip floppers here because US tax dollars funding corruption in our home countries such as the famous actor award winning white helmets and their weapons of mass destruction videos… and same company funding cashless India … usaid gov stop funding corruption!
The whole trucking industry in the US is a mess, I work in the UK and 99% of truck drivers over here work for companies so we get paid regardless of the loads we move and the practice of paid by the mile is illegal over here as it encourages drivers to speed and cut corners, the big industry over in the US just takes the piss out of the US truckers and will always pay as little as possible, maybe you truckers in the US need to get together and make a stand against the corporate greed because it will only get worse
Agreed
Here in Italy I used tò work for a Company that paid you a fixed price if you drove within 400km, After that I'd be six cents for every km driven
😂well if you do the math with getting paid per mile you actually make $30/hr been company for 9½ years same company LOL!😂😂😂
Things are getting slow at my company. 4 days to do ab 850 mile trip.
I'm waiting around more than driving.
I could also be a handyman but I don't want to have to create a legitimate business.
This is how our stuff is cheaper. If you increase wages for everything then price of everything will increase so your increased wages will be negated. Less wages and cheaper stuff or more wages and more expensive stuff it is just the same thing after all or probably US system is better because US has the most money of all countries in the world
Been a truck driver for 8 years . Do you not realize trucking covers many industries concrete , oil , equipment , food , medical supplies . All these things are necessities cannot do without . It doesn’t matter how you attempt to save money you’re gonna buy this stuff at some point or need it frequently . Maybe some parts of trucking are like this but majority aren’t phased cause people still need them .
Most of it are massive trucking companies who control the industry driving down rates to undercut smaller companies and O/O. This is why we need checks and balances in place to regulate monopolies on industry
One thing would help is increase the standard to be a truck driver, the market filled with immigrants who easily get CDLs assisted by the government who don’t know a single word of English, they would do any load for cheap
You fool forget one important thing that you’re an immigrant 😂
I expect when Trump comes back, the immigrants will leave and American truckers will do much better
Can't blame the person for taking the job. The government must look into this-multiple companies are synchcronizing their tactics against the truckers.
This is basically what is happening in tech right now with companies outsourcing to India and hiring companies like Cognizant to employ H1Bs.
The more these companies opt for non American labor, the less customers they are going to have.
Always blame immigrants for your failure to see the real reason. Scapegoating isn't new. Number of trucks didn't go up, mini trucking companies actually ran out of business. Yes there is truth in some people will do anything for any money but you can't blame everyone who wasn't born here. The gatekeepers are the brokers especially the Monopoly of couple of big brokers. They pay whatever the heck they want as long as they find people to move the loads. Let me give you an idea, bud,
If the truckers in United States were able to unionize things would change for the better! Just look at UPS. Good luck.
Also the thousands of brokerage and dispatch companies that flooded the market really nail the coffin shut.
tql…
@@slimqui481 This right here. Too many of these people who don't have to own any equipment, have little to no overhead, and make money off the backs of truckers while paying them shit and keeping 85% of the load.
Wait a minute. Loud_Thinker says there are only a couple of large monopolistic brokers messing things up.
The reason why it sucks rn is bc foreigners start trucking and alot of trucks are on the road so companies dont have alot of stock anymore. It used to be good, now it sucks
I would caution with estimating on this year's holiday season as people are losing work and credit card usage is pretty well maxed out
Only people that care about trucking, is social media .. politics don’t care, the government don’t care …. All we keep seeing is videos about how bad trucking is
Trump cares
@@altraveling7019 that man is gonna fix it!
@@HereIzMatty95It can't be fixed when the entire Global Economic System is crashing.
@@extremedrivr , Exactly, most Americans think 400 million Americans are going to somehow stop the one world order from implementing it's cashless computer technocracy. Nothing is going to stop these out of control climate change liars, and their big pharmacy pill, and shot pushing pimps in white coats. At this point it looks to me like they are going to Bolshevik our food supply, then get us to use our guns on each other. Do you think most Americans even KNOW who the real enemy is? I don't, all politics are just two wolves and a sheep deciding on what's for dinner and there lies the main problem. The sheeple are looking for a political solution to what is obviously a spiritual, and mental disorder. People can't even figure out what sex they are, let alone see the bigger picture, when this slow motion train wreck hits it's going to be real ugly.
Trump cares.
I have been dreamed about being a trucker myself, driving a Peterbilt or a Kenworth anything like that i always thinks that trucking is my golden ticket to get my income, putting food on the table, paying my bills and getting a happy life. and since i love driving, trucking is one of my go to jobs but it turns out that dream was actually gone long time ago. nowadays it's one of the worst jobs if the government really didn't care about truckers well good luck cuz you ain't making your country moves more faster, it actually makes you stop because of the truckers. To all truckers out there, YOU are the one responsible for the final step of delivering a cargo to it's destination if you stop the country stop too and YOU are the one who delivers us things that we need in our daily lives,YOU are the backbone of our economy. Do not lose hope truckers. Keep on trucking.
Trucking is now dominated by 3rd world cheap labor migrants. Until they're gone it's permanently destroyed
My dump truck clears at least 3600 a weak after diesel. Im in the country and my friends make a killing hauling wood and equipment with their semis. I see no issues in virginia as long as you're an owner operator.
I'm buying my first truck to do just that! Keep up the good work!
If that was the case this video wouldn't make any sense or anything anyone is saying about the industry
@@Duplexes_Ebay Or maybe it is those in certain situations that are doing poorly and generalizing to the other 3+ million drivers in the industry?
Oilfield in OK and TX doing good too. Both W2 and 1099
BS
Love seeing this kinda content! I had no idea this was happening, I work in solar and it’s currently moving into a recession due to certain financier(s) collapsing, causing installers to collapse, causing sales organizations to collapse.
9yrs later I’m still sitting on my Class A. Still ain’t worth driving I see.
Absolutely 💯!!! Thank you for your service! Kenny Nash DESIGNER COUNTRY OUT NOW! DEDICATED to those who serve! Kenny 🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
U Can Drive locally and make 20-26.00 a hour.
@@rodneywilliams6000that’s terrible
@MrLos-lq4vl It Depends on where you're at. I'm in Florida, but if you're from up NORTH, U Could Make More.
@@rodneywilliams6000 I’m In FL too bro. I paused my CDL online with a few clicks so I can keep it, but not need to renew medical cards.
It’s called a freight recession. Not enough freight and to many trucks.
The volume numbers aren't showing any issues.....the number of trucks though...
just buid another freight rail route
@@leagueofotters2774The entire Global Economic System is crashing. Wake up!!
I got more loads than I can handle with my company I stay moving and racking miles
What company? Mine can't keep me busy at all. Only working a few hours per day ,some days nothing at all. 😢
Everyone’s just trimming the fat, if your lazy your sitting
@@KittPowell I bet you have a side hustle of a lot lizard...
@@MaxDamage-bh2os that’s the main hustle, drivers just pay extra for me to drive
@@chris76-01pro truck inc
Out of Mount Prospect
Im not into trucking but i see alot of foreigners driving these trucks.
Not in local LTL or fuel hauling and suprise, thats where the most money to be made is
Yes a lot of Muslims I see
It wouldn't be a problem if they would speak English instead of acting stupid. Soon as they start talking that gibberish I just stare at them
They have ads in foreign countries...come drive in us....make lots of money
Full of chinese at the ports,cheap,always in a rush 0 English,.😂😂😂
Excellent video.
Subscribed!
I run a truck wash, and can tell you a huge percentage of drivers are Indian and Eastern European, and mostly from Canada. They don't know a word of English. They have Google Maps in their own language, which "enables" them drive. We have them pull up to the EXIT of our bay daily. They literally cannot read "EXIT". I used to trust truck drivers, but recommend people watch their backs now days.
In California new OTRs make less than minimum wage!
There’s a few people who were lucky enough to get a job hauling milk or gasoline making $40 to $50 an hour
JUST IN TIME FREIGHT TOOK FREIGHT OUT WAREHOUSE. TRUCK BECAME THE WAREHOUSE. FLOODED MARKT WITH TRUCKS , RATES DROPPED. CHEAP FREIGHT IS BAD. MORE CHEAP FREIGHT IS EVEN WORSE.
Yeah my dad has been doing trucking for a bit now, it started with my grandpa having a moving business but in time he went out of business and parked a truck in a field, my dad worked at Comcast, but comcast started laying off workers so before my dad was going to get laid off he got that truck, fixed it (it fired right up after years of sitting) and has been trucking for a while now. But we are struggling because we opened a shop 4 years ago (months before Covid hit), the shop is going under and with this trucking recession we are struggling big time. But we are going to close the shop and just focus solely on driving now but hopefully we pull through, only time will tell.
Just because companies shut down dosen't mean less drivers. Government needs to stop facilitating the creation of new cdl drivers. That should be paramount on your mind.
It wasn't worth it 20 years ago.
As long as the trucking industry does not have a price floor set at about 3 bucks a mile . That would settle a good portion of problem ..that would cut a lot of the brokers out of money ..the money changers
I'm glad I found your content, I ship a lot of products from my e-commerce store to my distribution and soil company from small boxes to full truckloads and LTL. I need to go more direct two smaller companies or independent operators on LTL and full truck.
Wow. The most informative and intelligent video anybody in the trucking industry has even made.
Greed has been identified as undesirable throughout known human history because it creates behavior-conflict between personal and social goals.
And it is worshipped in every corner of the globe
My daughter's best friend was in Texas, when things got really bad there. My daughter and her husband invited her to Minnesota to move in with them until she get settled here. Obviously winters here are not exactly great, so she actually was able to chose. Fast forward and she is now doing really well. She's one tought cookie and doesn't mind the weather. The shortage here did bring changes, companies switched to trains and the number of wagons per train increase by a lot, BUT trains don't always go where trucks can. In other words, think options.
technology has provided the means for worldwide price fixing, there is no market.
all these big companies can afford their own fleet if they wanted to, but instead they use Carriers.
carries only exist to carry all the liabilities at the lowest cost.
I seen a drivers back trailer wheels slide disconnected and he was reversing back and forth and probably didnt even realize it was then it popped back in place or some shi and idk if he left the truck stop or not .
Been an absolute bloodbath in Canada, also one thing that wasn't mentioned. The Average consumer is now BROKE!!!! Yes, Canada, the US and Mexico, people are BROKE!!! the volumes pre 2020 are not coming back!
Too all truckers ty for ur service
RIP everybody
Actually the recession started several years earlier... why?? Products coming out of Mexico had dropped by over 25% and closer to the 40% level...i saw this on the news in Laredo in 2015 or 2016...
this mean sometime in the near future they'll start selling pickups again instead of half semis or suvs with small beds?
Hauling fentanyl and cocaine is really profitable. The cartels don’t require bobtail insurance.
Simple to many easy to get licenses for box trucks. Over capacity.
This is a good explanation for drive-ins failing. However as a flatbedder how are the rates so horrible because the lockdown really did not affect what we carry. So why are the rates down in every facet of the trucking industry!!!
TRUE PREACH
As a friend of mine did parked all his trucks fortunately they had been paid for so the cost of standing or running at low load costs are in the balances, you loose both ways
Thanks
It appears that the current private truckers are in a bubble just as the housing market was channeled into in 2008. The truckers and companies with cash are going to buy these rigs for $20K, hire the truckers who had to sell. So wrong on so many levels.
@gill Do you do consulting for other companies? Thanks.
You haven't mentioned almost the most important thing: after the start of war in Ukraine lots of Russians and Ukrainians moved to U.S. and started to get CDLs creating excess of labor force.
What are you talking about? There were drivers shortage any how. They got working visa. What about illegal immigrants that don’t have even CDL?
That has been a problem in Chicago for many years.
Cure to high prices is high prices. Market doing it's thing.
Losing your home? That’s why you get an LLC.
I'm happy I sold my truck at the peak of the market.
@MrTruckGuy-Gill22 yes, local tanker.
There nice trucks being sold for $15k in California.
Government!!!!!
The global system.
Read that contract before signing it. Banks are not your friend.
What ? Are they gonna stop crossing the centerline? Or have they decided to stop obstructing freedom and the left lanes ?
What you said is correct but I can make a whole lot of money working right in my garage fella.
What about last mile deliveries that can be done with a half ton pickup truck? Can I get in on the game?
So in other words people are just stupid with their money. My brother was doing the same crap I told him he needed to be getting out of debt instead of spending more money on boats and motorcycles. He did not listen now he's selling his boats and motorcycles. I don't know why anybody doesn't know how to pay attention to the market. Just because things are suddenly cheaper does not mean you need to go out and buy every damn thing that's selling for cheaper. What it means is hold on to your damn money because the price is about to go up once the demand that's been created affects the price. On top of that why the hell does everybody need so many freaking materials. Just be satisfied with what you have instead of spending all your damn money every time you think there's a good deal every time you think you have a chance. The idea that having all of these material things is the meaning to life is nothing but a brainwashing that has been pushed on you buy all the commercials you have been seeing every day for your whole life. People it's time to simplify not complicate.
I'd marry you if I thought you could stand me! :3
It's not just brainwashing, it's the emptiness in their souls that they're trying to fill. Even people who are "spiritual" (of whatever vein), unless they are SERIOUS about their faith, they're empty inside and searching. For some, they try to fill it with sex, others use drugs, other use thrill seeking, and most engage in materialist acquisition.
I wish the South Georgia Hotshot could see this video, he is wondering why the rates have tanked. When he went to semi, loads were paying over $4 a mile
Supply and demand
This sounds like the same thing that happened to small Family Farms 60 years ago??? Does anybody else see a correlation in this? Serial bad decision makers everywhere. Not just the ubiquitous children, but also the ubiquitous child minded elders.
so much going on
Gill…there’s not enough trucks exiting the capacity. Our normal and expected spikes have been a focus of hope to “make it”
The produce season for the past two years didn’t make an impact, the holiday seasons didn’t make an impact the last two years as well. Inflation is really starting to bear down on everyone. Doesn’t matter who gets in the Oval Office because unless our dollar goes back to having value or we stop going into debt as a country ( highly unlikely and no President or politician would ever commit that kind of career damage to suggest that) we are going to be in a wash, rinse and repeat cycle for years and years. It’s a BIG mess.
All trucking needs to be behind a trust.
We don't have carrier capacity.. economy is shutting down.. getting contracts is impossible.. on the flip side .. they better hope the economy doesn't improve.. if it does.. carriers are out for blood
I have a pickup and a trailer, can you help me find small, insignificant loads?
Well...that;s how it is supply and demand.
Good info thanks 3:22
reallity is companies will fail and the survivors will set the price with no choice and places like California with its ev truck laws will feel the hit the worst
The market ain't bad right now , is regular market before Pandemic , the main thing is costs of operation, they skyrocketed. I remember back in the days we use to run open decks with avg 2.20 to 2.70 right now is the same thing , just maintenance, insurance , diesel and other expenses doubled.
Are you kidding me.. market socks..
THE COST OF LIVING , dude!!!! It is insane. Yes, you can compare the rates , you are right. BUT, the inflation and cost of diesel , you forgot to mention.😉
This why it all screwed up. Dumbasses like Mozart 😂
@@Corleone_Napoleonediesel always been high since the early 00’s.
Your ignorance and cluelessness is high The market is as bad as it was two years ago
Truckers were screwing themsleves since 1980. If a driver is earning less than $120,000 working no more than 50 hours per week - that person deserves to be poor
It’s not coming back ! Low freight is here to stay.
Get rid of the flip flop suburban turbans and cascadia cowboys
They should have never gotten rid of the requirement to read and speak English fluently but we all know why they did.
Easy enough to do, go back to manual transmissions. Get rid of automatics, and the bad drivers will fade away
@@Libertad59why do yall act like driving a manual is so hard.
😅😂
@@Libertad59wanting to drive a manual when automatics are much more convenient is just a way of saying you have no other skills. Driving a manual truck gets old
we need an entity that regulates rates and procedures, many of these huge companies have signed contracts for 5-10 years, there is currently a lot of corruption and big companies making this a monopoly to destroy small businesses and O/O’s, but no one will really help us, only thing could is union, but doing that in the US seems to be almost impossible.
I know one company brokering and running there loads from Serbia. Mean dude scammers .
Truckers. Get a current financial analysis for debt representation. Especially, excise, individual or business taxes.
I get paid by the hour. Also dont live in USA. Do truckers really get paid by mile out there?
Over the road is per mile
Local is per hour
How about all trucks without a perishable load just stop for a week...
My plan is to make as much money as I can starting now since there seems to be a slight increase in the rate.
Interesting thing is, many of my primary lanes have changed and I've had to pick up some new customers as new lanes pay better than the older ones that are simply not recovering.
You need to go back to 1978. The dismantling of the I.C.C (Interstate Commerce Commission) Deregulation brought in fly by night gypsy carriers. It's been a long slow slog to the bottom.
If they were none taxed for fuel be amazing to help the industry
Your analysis is spot on ! Thanks!
168 hrz a week fo 600 ta 1000 iz it really worth it
So does this mean I shouldn’t try to become a trucker anymore?
Only if you are single, no friends .
Only if you have nothing better to do 😂
@@dimab8753yall are grown men still trying to have friends 😂😂 ion care about friends only my family
I put my goal to join the military on the back burner to become a trucker well see how this goes
@@monkmode_11 i would say trucking is better than the military.
Should not have shut down so much rail, especially in Canada!
What are the Teamsters doing about this?
Great analysis. I personally know other truckers who got caught in the trucking demand bubble. They are trying to scrape by taking whatever freight allows them to cover their truck payments.
So for 0:02 what animation or website you use to get those animations?
Keep it up ❤
Yeah,...I was going to say the animations were great. The warehouse growing pallets of cargo was very cool
No one saw this coming? The pandemic was by definition a short-term phenomenon.
No it's called a higher power. It's called choking it out for their benefit
What’s wrong with the trucking industry is in this video,that’s what’s wrong with the transportation industry
You mean too many punjabis? Yes, definitely one of the problems.
Damn you’re a phenomenal salesman Gil
Thank you 🙏🏽
Thanks for putting ALL the info together. Most people can't put 2 and 2 together...people have a hard time making connections between news articles.
If it was that bad the people wouldn't be heading into this field but they are.
YEAH THE government GOT INVOLVED!!!!!
Wait until companies have to pay half a million dollars for an electric truck and then wanting to go driverless.
As a driver, I've known most of what you spoke of here, yet you have presented the BIG picture of the trucking industry better than anybody else this far.
Thanks for this info dump, & we will be 1 of the comanies who stays in the green!
Excellent video but point missed was that people’s purchasing power went up not because they were sitting at home ordering stuff but that they will paid for buying the stuff by debt creation / money printing. It artificially hyped up demand which creates inflation. Once the money stopped the economy returned to normal (if one can say pre COVID was such).
The economy has NOT returned to normal!!
The entire Global Economic System is crashing
BROKER LOADES SUCK. The driver too many times on a Broker Load gets treated like shit at the Shipper including not enough Real Estate to back into the docks or the driver gets treated like shit at the consignee including not enough Real Estate to back in the dock. There is also setting for HOURS to get loaded and HOURS to get unloaded and on TOP of those obstacles there are LUMPER FEES to pay. It's all a BS game doing a Broker Load.
Gas prices and food prices
Go trains better for highways. Cuts fifty percent off trucking.
Have to call bullshit on your surface level analysis, no mention at all of the crisis LTL was having from having all that undeliverable and unreturnable frieght stuck in the system that created huge bottlenecks.
Fuel cost woke green