Trucking Industry Update

The trucking industry is a vital part of our economy and plays an essential role in the movement of goods and services across the country. However, like every other industry, the trucking business is also evolving with time, and it is important for us to keep up with the latest trends and developments to stay ahead of the game. In this video, I will give some industry updates and my opinion on where this is all heading.
Article: ctmirror.org/2023/03/08/lamon....
Timestamps
0:00 Intro
1.11 Drivers
1:37 Tech Updates
1:46 Regulatory
4.26 Environmental
4.59 Competition
5:36 Conclusion
Help the channel out, it's free 💰 amzn.to/37QIreU
✅ Quickbooks Online quickbooks.grsm.io/5u1ukzlihe2o
✅ Business Plan Course: mystery-of-money.teachable.com
✅ Schedule Business Coaching: www.mysteryofmoney.com/
✅ Need a business plan written? www.mysteryofmoney.com/
Help the channel out, it's free 💰 amzn.to/37QIreU
Subscribe Here! / @mysteryofmoney
DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
*This video is for educational purposes only, always consult your attorney or accountant for specific advice when borrowing money or signing any contracts. This channel represents only my opinions and not any of my past, present, or future employers.

[@SkoolieBoyQue]

Thanks Nick!

[@MysteryofMoney]

You are very welcome! Thank you for watching!

[@apollospyrol7168]

Your a blessing

[@MysteryofMoney]

Thank you very much!

[@user-yp3en4hr2z]

I was just wanting to learn about VA business loans and I didn't expect to run into another Navy veteran. I've been driving 18 wheelers in-between the otr and the oilfield for the past 10 years. I want to invest in drone analytics and I appreciate all of the great advice. Happy 4th of July I've got a load of beer headed to Milwaukee.

[@MysteryofMoney]

I am really glad you found my channel! I apologize it took me so long to get to your comment. Kind of a stupid question, but what is drone analytics?

[@user-yp3en4hr2z]

@@MysteryofMoney So basically you get a drone that can carry a decent payload and outfit that with lidar, infrared imaging, or thermal red green blue sensors. With lidar you can beam out laser pulses that build a 3D model of any given target area up with up to 10cm of accuracy. Basically high detailed surveys that take a fraction of the time they use to take.

[@Saxon360]

Rates are as low as they are because there are too many drivers. If there were not enough drivers, they would not be underbidding each other for what little freight there is.

[@MysteryofMoney]

I don't disagree. I think there are a lot of mega carriers hauling for low rates because they need the volume. Hopefully we can hold out until it gets better.

[@Saxon360]

@@MysteryofMoney they are hauling for low rates because they benefit from cost averaging, bulk sales of maintenance, fuel, and vehicles. Then turn around and also scrape the bottom of the barrel for people that don't know any better and pay them slave wages. They are also self-insured.