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re: One awful mess in the trucking industry currently unfolding

Posted on 12/9/19 at 3:22 pm to
Posted by The Boat
Member since Oct 2008
175385 posts
Posted on 12/9/19 at 3:22 pm to
How does a truck driver live paycheck to paycheck? You can live in the truck.
Posted by ragincajun77
Member since Jul 2019
911 posts
Posted on 12/9/19 at 3:23 pm to
Wow

That's a lot of words
Posted by CHSTigersFan
Charleston, Arkansas
Member since Jan 2005
2738 posts
Posted on 12/9/19 at 3:23 pm to
Part of the problem I see with trucking companies is the number of non-Americans they hire to drive trucks today, but I digress.
Posted by doublecutter
Member since Oct 2003
6982 posts
Posted on 12/9/19 at 3:23 pm to
quote:

What kind of freight are we talking about?


Celeron was big in transporting auto parts north/south from the Mexican border. Some reports say that the UAW strike that shut in some plants and the resulting canceled truck loads were enough to tip the scales to bankruptcy to an already financially troubled company.
Posted by AA77
Member since Jan 2016
3829 posts
Posted on 12/9/19 at 3:24 pm to
Shite like this never happened when Jimmy Hoffa and Frank Sheeran were running things.
Posted by anewguy
BR
Member since Mar 2017
1239 posts
Posted on 12/9/19 at 3:24 pm to
quote:

There’s lot of freight out there to move.


While true, the rates are absolutely horrible right now.
Posted by Dawgholio
Bugtussle
Member since Oct 2015
13047 posts
Posted on 12/9/19 at 3:27 pm to
Yet my company keeps giving me internal freight rates that are expensive as shite. Either we have a lazy logistics manager or we are trying to make money off freight.
Posted by LATECHgradLSUfan
LA
Member since Sep 2007
3269 posts
Posted on 12/9/19 at 3:29 pm to
quote:

What kind of freight are we talking about?


they were huge in:

automotive
retail (kroger/walmart)
MillerCoors

among many others they hauled direct and had multiple relationships on the brokerage side and hauled most everything you can put in a DV
Posted by BottomlandBrew
Member since Aug 2010
29103 posts
Posted on 12/9/19 at 3:30 pm to
I need a couple Class B drivers. Send them my way.
Posted by LATECHgradLSUfan
LA
Member since Sep 2007
3269 posts
Posted on 12/9/19 at 3:31 pm to
quote:

Yet my company keeps giving me internal freight rates that are expensive as shite.


"Shenanigans" per your quote line. the market is soft and the rates are low. Your "Internal" sources are making change in this market if you are not seeing a decrease in rates.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
85097 posts
Posted on 12/9/19 at 3:32 pm to
So are these guys just sitting idle at truck stops?
Posted by Ed Osteen
Member since Oct 2007
58762 posts
Posted on 12/9/19 at 3:32 pm to
quote:

How does a truck driver live paycheck to paycheck? You can live in the truck.



They work for a few weeks straight then blow every cent on their week off, return to work with nothing to show for it. When drivers take time off, they have another driver use the truck, You don't get to just live in a company truck when it isn't being used
This post was edited on 12/9/19 at 3:33 pm
Posted by teke184
Zachary, LA
Member since Jan 2007
103086 posts
Posted on 12/9/19 at 3:34 pm to
I did a quick search on this company and there are articles dating back two years of potential bankruptcy concerns.

While it sucks to basically be stranded, it wasn’t like people were unaware of how bad of shape the company was in.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43833 posts
Posted on 12/9/19 at 3:35 pm to
Market corrections are great opportunities to position ones self.
Posted by Tiger Ryno
#WoF
Member since Feb 2007
107331 posts
Posted on 12/9/19 at 3:36 pm to
I'm not falling for his one.
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 12/9/19 at 3:37 pm to
quote:

but the drivers are responsible for the freight in their trailer and the equipment to the company


And how does a company filing chapter 11 enforce this?
Posted by lsuhunt555
Teakwood Village Breh
Member since Nov 2008
38955 posts
Posted on 12/9/19 at 3:38 pm to
This is why it's an awful decision for the entire industry to haul freight for cheap arse rates.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
23491 posts
Posted on 12/9/19 at 3:39 pm to
A driver with a safe record can literally get a new job in under a day. They can finish their 11 duty hours with their new company.

The drivers are absolutely the least impacted by this shite show. Not trying to minimize it, but it’s a fact.
Posted by J Murdah
Member since Jun 2008
40108 posts
Posted on 12/9/19 at 3:40 pm to
I hear the trucking industry is in desperate need of drivers.
Posted by LATECHgradLSUfan
LA
Member since Sep 2007
3269 posts
Posted on 12/9/19 at 3:40 pm to
quote:

And how does a company filing chapter 11 enforce this?


the DOJ isn't filing chapter 11. That property in their trucks belongs to the Shipper until it hits the Consignee's dock.

At no time does that driver or his company take ownership of the freight. If there is an issue with the freight the liquidating company will prosecute the driver including jail time and restitution of claimed commercial invoice value.

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