Uh… “Trucking Bloodbath” upon us according to Freightwaves

Yikes. Buckle up folks. Could be a bumpy ride!

[@sablehund1219]

First time viewer and in another life a Prime driver, now O/O. Although you are correct regarding the outlook of trucking, being the longest 'recession ' in rates and no blue skies ahead yet ( we follow Freightwaves too) you are perhaps misled by Prime as to the current market. Prime is a master at snowballing drivers, to them it's just business but take a step back. You should not be taking load for $1.40 rpm! Reefer is no where near that low, per FW. Dry Van is around $2.10 on a bad day and reefer should be $2.50 especially when Prime has contracts. We suggest that their story of needing more drivers is a bogus one meant to placate drivers which is what they do best. We left years ago because if you're not a trainer you won't make money as a whole. You should not be sitting, nor taking such low rates if you are O/O or lease. Prime has all the bells and whistles entering the field, but it's frankly not honest with their drivers. They would absolutely be able to 'pick up' failed reefer companies without churning out inexperienced drivers. Lastly, the buzz on trucking social media is that y'all are leaving in droves due to driver facing cameras, which the vast majority of drivers agree you should. But I digress, the reason rates will not pick back up IS the glut of drivers out there, many, many non-English speaking immigrants. That, and co-brokering, double brokering and no transparency. Too many fingers in the pie. Biden's policies have run the country into the ground and who knows if we will recover?

[@rickhaul9540]

As usual the Foreigners have ruined this industry

[@timothyturbo2]

There's nothing wrong with being proud of the company you work for that helps provide a roof and helps feed your family. Nothing at all is wrong with that. Im sorry the freight market is ruff right now.

[@JennaOnTheRun1776]

Thanks buddy ❤

[@bigrigbutters187]

I don't know about those inflation numbers, but what I can say is that if my wife wants to go to the grocery store this week I'll have to pick up an extra load.

[@travistrimmer381]

Gl with that man

[@kevinmuchin3052]

I quit Prime running a team truck 2 years ago... went local.. make the same money... work 58 hours all on clock... not faking like I did with Prime working crazy off hours.. all they gave us were loads that could be handled by one driver... I saw the signs on the wall... quit while you can... :)

[@JWalkerDaTrucker]

I’m over at WFX in yes it’s a plan for bigger companies to push lil companies out the way and Prime and WFX we have bout same contracts

[@darrellsaunders4267]

Ol Joe doesn't tell the truth??....imagine that....

[@Resistance_is_Futile01]

I think it’s been here for a while Way the heck too many trucks and drivers

[@anthonyhughes3531]

As drivers everyone needs to learn their lesson from this, these brokers are going to keep scamming and gouging heed this comment, diversify Certificates, ETFs, Real Estate other forns or income for when trucking is like this will keep you alive save the money when the getting is good!

[@andyackerman7123]

To be fair, Celadon acquired too many companies, in a relatively short amount of time, and cooked their books, in order to hide mismanagement/spending.

[@DriverLineup]

Yeah but that doesn’t change the fact that the market played a part.

[@andyackerman7123]

@@DriverLineup fair. However, it probably only accelerated the inevitable

[@Urziel99]

@@DriverLineup The market was just the last peg pulled from a very hollow jenga tower.

[@adamman8874]

I like this guy.

[@JavierRodriguez-rg2bc]

Why you mad 😡 you need to go home to relax we don’t need this mad truckers on the road

[@DriverLineup]

Huh?

[@412hwc]

they arent wrong at alll. not even close to being wrong.

[@roguesovereignrogue9124]

Things all around are bad and getting worse…

[@milenko069]

I don't really sit. But running flatbed I'm pretty steady on freight but we also have no problem to deadhead 3 hours to haul freight that pays.

[@ChrisL-oz4lp]

That's because you run specialized, which hasn't been effected as bad as reefer and dry box yet.

[@timoshi119]

Im guessing west Memphis, found your channel today and so far enjoying

[@DriverLineup]

Close! Was a little further in at Road Ranger.

[@MrDpboggs]

Our guys don't sit at all. We're dry van company though. 66 cpm averaging 3500 to 3800 miles a week

[@ChrisL-oz4lp]

Are you running JB loads?

[@BriskyJam]

What company is this

[@travistrimmer381]

Here’s a question why is a certain company seem to be staggering their loads meaning every load has a day or so to pick up yet I know their are loads being picked up every single day. I’m not gonna put the company on blast, but let’s just say the average miles for a team/training truck Fleet wide has dropped 1000 to 2000 miles per week From what it used to be

[@heart_and_sole]

Jim Rohn said it well...in the last 6 thousand years of recorded human history...spring always follows?...winter. Unfortunately, when the last spring arrived in this arena...many didn't prepare for the sure return of winter. Last four days...daily 2-hour brisk walks...and 7 to 8 hrs of sleep to recover (and tomorrow looks good for another work out, too). Another one of Jim's: Don't wish it was easier, wish you were better. Don't wish for less challenge, wish for more wisdom. And the "you" he is speaking of is a universal "you" meaning all of us.

[@MATTHEWfromStLouis]

Hey u still staying on this side of the Rockies through these tight times?

[@DriverLineup]

Yes definitely!

[@johnlucas8924]

Ain’t nothing wrong with trucking I have been doing the same thing for 24 years and I don’t see where anything has changed in the industry

[@jimc8802]

Here 🎉

[@Cody541]

On the last point, deflation is bad in an economy. Reducing inflation to a level low level is the goal and let wages and supply chain come in line.

[@DriverLineup]

Yes but it needs to be WAY lower

[@ChrisL-oz4lp]

Inflation is caused by price gouging, how are you going to do that without fixing prices?

[@BigMoney23223]

I haven’t hauled ANYTHING that isn’t a fruit out of Florida since I was in training. Hearing you talk of any other loads out of Florida that isn’t that customer we all know, is new to me

[@DriverLineup]

It’s there I promise!

[@BigMoney23223]

@@DriverLineup lol, if I didn’t know any better, I’d say your pulling my chain. Like a never ending running joke. Everyone know the only thing that moves down here is fruit. 😉

[@rickhaul9540]

It’s Tropicana in Bradenton , it’s called welfare juice for a reason. He just don’t have the balls to say it.

[@jarrodatherton8272]

Fairfax?

[@MrDpboggs]

I don't know how you can say Prime is not losing money when they are not a public company. They don't have to disclose anything truth

[@DriverLineup]

Believe what you want. Prime is well positioned for this storm.

[@MrDpboggs]

@@DriverLineup I'm sure prime is. But are their drivers? Can't make any or when your deadheading 100s of miles and sitting 24 hrs for a load. That's the thing. They have students coming in non stop to replace the people with common sense.

[@Urziel99]

@@DriverLineup When they start producing 10K and 10Q filings I'll believe it. Until thien it's just speculation. They may have the reserves to just bleed money or they may be just keeping their heads above water. Won't know for sure without some real disclosure.

[@thets2402]

Apparently you don't understand how Prime Inc operates and ALL of their business units. Bottom line, 80% of Prime Inc truck's are I//C's. Those I/C's cover the entire operational cost of the truck. What's Prime's expense?

[@tiktokfavorite3070]

Dang hope Prime is not in trouble lol.. I have more than 20k in emergency, maybe it is better to transfer that money to my account and mot getttint nothing

[@DriverLineup]

Nah Prime is fine

[@truckerrichierich3088]

Bro! Don’t keep $20,000 in your reserves move that money!!