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The Economy in Trucking

The Economy in Trucking

The Economy in Trucking. A year ago, small trucking companies were begging to buy trucks. The demand was so high, the dealerships were marking up semi’s $30,000 to $40,000. It was disgusting but if you wanted a truck, you were going to pay. Troy was constantly saying, wait till the economy flips and you will see allot of repo’s. Well here we are and dealerships, Penske and Ryder’s yards are filled with big rigs, for sale and for rent.

What happened you ask? Truckers came back to work and brokers were no longer desperate to get their freight hauled. Mix that with major shortages because of weak assembly lines, high fuel and a big down turn in the economy and you have repo’s, bankruptcies and a panic in the air.

Tune in to this weeks podcast and hear Troy and Ruthann’s take on this serious matter. When will the economy turn around? What can a driver do to be in survival mode? All answers will be found on this weeks episode.

DOT Announces New Increase in Fines for Drivers & Carriers

Ruthann has it. If you have been waiting with joy, to hear the new increases in fines, wait no longer, Ruthann gots the skinny for you.

The Economy in Trucking

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