Fright booming with cheap rates & folks taking it trying 2 hang on . Only prolonging OUT OF BUSINESS with more Mechanical problems out of the return trucks 🤦🏽♂
The answer is No.. it’s not the freight!! It’s the price of freight.. shipper are low balling brokers are taking their nice cut!! The carriers are barely getting bye.. mean while the driver only making a third of the load .. if that!! While the O/O is hurting also.. I say.. truck companies and O/O need to stop all movements for 6 months.. then let’s see how prices are.. trucks are going to go back down.. fuel is too.. once we as a people stop going along with they madness.. we all be able to live together again
There is no connection between fuel price and the freight rate..last year was greay year ,so alots drivers and trucks comes to the platform so the rate drop..
When they are constantly talking about driver shortage then to say too many trucks wtf. What they are doing is starting the language to push the small guy out and start more monopolies.
I think we still got a year until we see a recession. March was a regular slowdown before produce and construction freight begins. So as we move down closer to the end of the year, more and more trucks will be delivered to those who ordered last year. Then there will be bloodbath. Here is simple math: on average truck travels 10,000 mileage month, so that equates to about $30,000 in revenue. $7000 driver, $8500 fuel, $1000? tolls, $1500 insurance, $4000 truck and trailer loans $500? repair and maintenance. Then there are fees for load boards, ifta, permits, registration, parking, tickets, truck washes, etc. So you see about $25,000 is expenses, and only $5000 is left. That if nothing major happens.
people been saying all the time the industry is 80,000 drivers short but when you compare that number to the number of 3,36 million truck drivers you get only 2,38%!!!! And that shortage only becomes significant in peak seasons with higher freight output
Brokers are a problem and have been along with shippers for past 30 Years. Brokers need to be regulated. Freight will always be in demand it's the Shippers and Brokers who are Ruining the Industry along with Govt Regulations on Truckers and IRS not providing tax incentives to Truckers.
Yes freight is slowing down. Gas prices are way up, and and it’s hard to find good loads anymore. Im a owner operator and just started three months ago. Rates have almost cut in half compared to earlier this year. This is just my opinion and I know I’m new but I feel like freight is slowing down and these large companies who needed truck drivers promised extremely high wages to new drivers and now they’re taking any load they can to keep their drivers busy and keep revenue coming in. On top of that I know my CDL school is booked out till November of this year with new drivers flooding in knowing they can make six figures a year starting at a larger trucking company. I’ve also heard that produce season is not going to be as good this year so that’s gonna throw a wrinkle in everything.
There is only too many trucks because the economy is slowing down so there is less product needing to be moved. In the warehouse side we either have too much stuff that was hoarded as a just in case measure or we have little to no supply due to silicon etc shortages worldwide. If people can't or won't buy stuff it hits trucking first and then warehousing and we are seeing it on both ends. Currently we are only using about 70% to 80% of our drivers because we aren't selling how we used to (including e-commerce) so that stuff does not need to be sent to stores, and on receiving we are either overstocked or out, nothing really in the middle. Staple goods like liquids, toiletries, etc still sell well but larger and more expensive items have dropped off considerably.
I do not undersdant why do exists brokers between shippers ans drivers ?! Ok, if for some reason they are, than who controls them or to make them to take not more than 2-3 % from each load ? They do not have expenses like shippers or drivers ! A good law and total transparency towards brokers actions, a maximum retain of 2-3 % from each load, no matter how looks the market and how much pays him shipper and a lot can come to normal Or make shippers and drivers to work directly
Everywhere I go I talk to warehouse guys saying I’m about to get my cdls I’m tired of working all day for little money. Translates into longer load and unload times at the shipper and receiver from lack of employees, and mega carriers having constant supply of new cdl trainees under forced arbitration to get a job in trucking without having to pay out of pocket for their cdls. now after about 6 months of being over worked having no real home time and taking home less than A $1k a week to live a hard lifestyle a lot of people quickly learn the truth and quickly decide to exit, job hop looking for better pay under a bunch of false promises, and or become independent so they can have more control of their careers, money and family time. So it’s seems to me the reason this keeps happening every 3 years is because mega carriers lobby against independents with insurance executives and state politicians to not only make it cost prohibitive to start your own trucking company, but it’s to allow adequate time see how the markets will go. They buy all the trailers to prevent smaller companies from becoming stiff competition on contracts. And use ignorant new drivers to survive in bad times. And if for some reason the recruiter can’t seat 500 out of 2000 company trucks, that’s when they trade in the oldest trucks to sell to the very drivers that refuse to work for them, through auctions or used truck lots and they buy fresh trucks every year so the companies they have contracts with will be more confident in doing business with carrier because it’s less of a chance of breakdowns. It’s really clear to me the economic games these rich folks play. That’s why education is to be sold not told. Because the more people that know the more level the playing field is. Now look at what they pushing for. Autonomous. To eliminate a human liability and reduce overall operating costs at the expense an entire middle clash of legit hard working tax paying u.s citizens. And I’m 33 and noticing all this from 5 years experience in the game. I feel like I’m being punished and squeezed out because I don’t want to make a rich man richer I’m trying to do better for myself and my kids too. The more you eliminate the middle class the more dangerous the world becomes. Peace and and prosperity is all about the money man! Cannot have peace without prosperity. Greed is one of the greatest sins of man. Being smart does not equate to not being greedy.
I concur with this assessment. Over the last month I've seen averages drop from 3.50-4.00 a mile to now less than 3.00. We have trucks waiting to load and not enough loaders at warehouses to load merchandise. If you ask me the bottleneck is on the shipper/recievers, not the transporters. I believe the rhetoric of " trucker shortages " is just propaganda to flood the market so brokers have more options. We're having to fight with these brokers and turn down multiple loads to get decent rates. On top of that just over the last 3 weeks, I've experienced ongoing issues with brokers giving misleading information about due dates and pickup times. I'm not sure if it's just to lock us into committing to a load, but it has cost me thousands in revenue. Do you have any advice on how I, as a driver, can deal with this? FYI I work with a small company of maybe a dozen drivers and I assure you I am not the only one experiencing this issue.
@@franksgump5 at least I'm not the only one, I've been sticking to the Midwest for better rates and cheaper fuel, unfortunately I lease my equipment and pay over 10k a month, not including fuel, so sitting isn't an option. I've been reduced to taking loads for 2.20 to 2.50 a mile. It's frustrating because as much as I hate to feel like I'm part of the problem, I'm also stuck between a rock and a hard place.
As for brokers being dishonest with dead head and dates. It’s important to know that you have not agreed to doing anything untill you have signed the rate con. So just make sure to double check and verify everything is correct on that rate con before you sign and return it. When I receive a rate con and the the towns are not accurate to what they say. (TQL is notorious for this) I simply tell them the town on the rate con will not work for me. And request higher rate or decline the load.
I don't think there is over supply of trucks or drivers and there is shortage of real stuff less productivity inflation cost to much to operate and this will push alot companies out business not just trucking companies that over paid for equipment is going to be real bad . Unless the fed stop rising interest rates alot companies depend on debits not profits this is stagflation either way this is tuff time and dollars could collapse easily.
I’m an owner operator with my own authority, decided to take some time off. The rates seemed to stay or drop slightly, my problem was the I’m primarily contracted to made no adjustments on rates for the fuel surcharge, so I’m shut down as of 03/20 and will look at the rates next week and make decisions and see if it’s at the margins I want to work for
freight rates are dropping now, not just because there are too many trucks but because half the trucks out there are financed at a high rate to where drivers are forced to take cheap shit just to break even... work for free
@@vroor32 it's the basics of business and life that everybody claims to know already that we get wrong...which attributes to the high failure rate...to know and not do is really not to know...
Hypothetically giving you this scenario. Broker and Mega Carriers go to shippers. They say not enough drivers and gas prices high. They negotiate 4 a mile. They have a few weeks to get a driver. They put it on the boards for 2.25 a mile. Hoping a sucker takes it. Define sucker. Someone in a slow death spiral got new truck payments, house payment,car payment, someone trying to get home and avoid dead head run, hotshot driver, etc etc. Broker thinking why pay 3.50 a mile when I got a sucker taking it at 2.25-2.50. All I tell him is freight rates are down. Next mega Carriers telling government not enough drivers so they get millions in grants for development of AI trucks. They have few days left to deliver the load and offer 3.25 a mile. Mega Carriers say not enough drivers but what they really mean is that truckers not willing to take loads at near break even or do the load for below hard costs. It's a slow death. For lease ops. Your load slow down until you can't make the payments. They confiscate truck and sell it. They control your load board and decide which loads you can get. You were paying for fuel, maintenance, insurance, and finance costs. Now truck a little bit older, waiting list to get new trucks or even older trucks a bit more difficult due to part shortages. Easier to take your truck and sell it or get a new sucker to take the lease deal and repeat the newbie coming in. By the time a newbie realized he/she has been hustled 3-4 years have passed by.
A lot of new competition. Everyone jumping in to try to get rich when rates were high. 92,000 new authorities have been granted, just in 2021 alone. Give it some time and most will get shaken out.
We run for 2 years with high rate And now is the time to slow down until end off the year what I learn from my experience as owner operator and dispatch 5y.
March and April are always a fall off in freight. Mid to end of April the market levels out and runs thru June. July freight picks backup and climbs thru Christmas.
That’s very tru, but the only problem with that is onions and peaches aren’t moving as rapid at this time of the year which would free up some drivers.
Yes I have to fight for a good rate on the board so I’ve been eliminating the brokers as much as possible & working directly with shippers. Usually previous shippers that a broker connected me with
I’ve been dealing with mines as well, but even their workload has diminished. I’ve been looking for other avenues like maybe rail or even flatbed at this point lol
This article is absolutely correct, the month of march has been my worst month. Definitely an over supply of trucks and they taking cheap freight not even enough to cover the fuel, it’s absolutely a blood bath out here. A lot of trucking companies is going to go bankrupt very soon.
It's not that hard to fix the issue ....just park for 1 or 2 weeks and the problem will be solved..brokers and Shipping companies need to understand without trucks they are out of business. Also they can't expect owner operator to haul frieght at a loss with high cost of fuel not to mention companies are not forced dispatch. As far as frieght is concerned it is not slowing down what shippers are doing is holding on to there frieght so they can manipulate the market.
We will be going directly to the shippers bypassing brokers and including distribution on the supply end doing multi drops and providing financial support and credit lines . You eather get serious or fail as a simple trucking company!
Well said brother get rid of the crooks in the middle under their air conditioning comparing their job to a truckers job 😂😂😂. The disrespect. Last time I checked we’re risking our lives and living horrible conditions only to be screwed by the middle man . Be blessed my brothers and sisters !
Do any of you brokers actually report or record any loads that had a Tender rejected or negotiated? I don't think many spot market brokers do record or report thst info. Which begs the question, how is that article valid, how would they know what that percentage actually is?
Freight not slowing down, large carriers..at one time wasn't over on the spot side..but with more trks...money they received now there coming to shippers with a deal...drop trls...ect...so a o/o with one wagon...mks it hard because they cut the rate and gv it to lease drivers.....so look how prime inc.
As of the 2nd week in May I can verify that freight is slowing down. I'm currently sitting in California, just outside LA. The truck stops are completely filled with trucks, in the middle of the week, middle of the day. Either there are no loads or brokers are not offering high enough rates, or both. I fear it's going to continue and be a very ugly year. Be safe everyone.
The pandemic and social media has made trucking look sexy and easy, people trying to find a easy way to make a living... Nothing wrong with that though!!! I know a few people that always hated trucks and trucking now social media has persuaded them to be rich truck drivers
You’ve brought up a good point- several RUclips people that I follow in the past always show how much they’re getting paid and such (funny how they’re not posting those numbers anymore hahaha). Yeah they’re short on drivers (company drivers), these millennials aren’t like my generation- stay at a job for 10- 20yrs thinking the company is going to take care them. Nawl, these kids now are blazing their own trail and the government hates that, simply because they can’t get their hand on that money first vs a 1099 individual (you tell the government how much you paid in taxes)🤣🤣🤣!!! Same with the gas and fuel, the government is trying to push everyone (that can’t afford an electric vehicle) to buy one. They’re putting the squeeze on us gents.
Truckers leave brokers hanging because their are shippers willing to pay premium to move any freight. Brokers will suffer but so to Will truckers when they realize that the relationship with their brokers should be symbiotic. Shippers know brokers and prefer to deal with brokers for all the perks offered (someone they can talk to when freight isn’t delivered on time, etc.) vs a trucker that will likely not have customer service skills or the ability to speak with shippers or consignees. Agree on over supply of trucks and powers that be are still playing with SC calling them constraints, etc. This is a deliberate slowing of markets to assist with the deliberate crashing off the US Economy and dollar. They won’t stop until they get their great reset. It’s our job to shift our spending away from corporate greed a.k.a. WalMart, Target, Amazon, etc. and start speaking to the puppet masters in a language they understand! $$$$$. Speak with your wallets today and change the balance of power tomorrow.
I as a small carrier do not report any type of information to anyone about tenders and rejection of them at all. Do you as a broker report any of that type of information to anyone? Outside of uber freight who could keep track because of the way their app works. I try not to run to much with them either.
This ceo is dead accurate there’s too many trucks on the road and brokers and shippers are taking full advantage of that and inflation is contributing as well bcoz people are buying less of everything u should be happy if ur making 2.50-3.00 a mile right now
For a lot it's a slow death, then all of a sudden, snap, they break .... These slow diers are going to be a problem for the rest of us who prepared for this bloodbath 🤕
I think freight brokers are responsible for this "freight recession". Greed will be your ultimate down fall. You freight brokers are just middle men not needed. Truck drivers stop taking cheap freight. Make professional contacts with shippers. This is our industry. Freight can not move without a truck. Freight brokers are not needed. Most of them will greed themselves right out of business.
@@vc5662 Bad time to get authority; freight low; everything else is super high. Trucks are expensive because of the low supply of new trucks coming off the assembly line.
Man this sounds scary. I was just thinking of getting my CDL and going OTR with a mega carrier (I think you can guess who). Would you say maybe that’s not a good idea now?
Yes that's still a good idea, Company driver pay is up.... probably not much for new drivers but it shouldn't take long for that too reach you. We're talking about 2 years depending on the company
Thanks Brandon, great content as always. Have you done a video on how to great through a recession in freight? It sounds like you have experience with that too.
Good evening, I’ve been doing this a long time well since the mid 90’s. Trucking has never been a get home every week kinda career. What will shock most people out of this industry is having to spend 6-8 weeks out here at one time. Do I believe that folks could do it? Yes, however I do not believe people will do what we did almost thirty years ago nor should they have to. I also do not believe many people will do this for basic minimum wages (your idea and my idea of minimum wages may be different). I’ve heard about the driver shortages since I started, all propaganda “stuff”. The way to make it in this industry is either love being in the truck or find something else in the industry to do. Trucking is the most overworked and underpaid career in America period. Stay safe.
@Robert... Amen to that... I've started trucking back in '98 and I concur... I'm not sure why some drivers - thankfully not all - want or expect a 9 to 5 standard 40 hrs per week work schedule and weekends off...yet at the same time they expect to make the big bucks with the big trucks... This is the biggest misconception leading to poor performance and frustration for all involved... I'm personally no longer in the truck but I deal weekly with drivers that want, need, demand to be home on weekends and that's not helping the money making process... that's the raw truth... I'd say to all aspirants truckers, if you want to be home every weekend to spend time with your family and friends and pets, then trucking is not for you... I'm also hiring, always hiring, but when I hear an applicant requesting or expecting to be out OTR less than 3 weeks at the time we'll skip it by default...
@@gabeghiby6935 there's many kinds of trucking. I deliver to restaurants. I start early but I'm home at 5pm. People should indeed think we'll before starting otr
@@gabeghiby6935 makes sense and I appreciate the advise given. It seems to be a lifestyle and one that I’ve always wanted to experience and been intrigued by since a child. I’m ready and can’t wait to get started!
@@anthonypowers257 if you feel it's something you'd like then do it, finish the trucking school and get your CDL (if not done already) and then get some experience under your belt and from that point on if you drive safely and responsible you have job security and a better future...
There is a oversupply of trucks/carriers and the market, the available cargo, is slowing down, shippers reduced production and distribution... However due to high overhead costs and investment a carrier/truck can't and won't accept a ridiculously low rate just because the market is down...why..??.. because it comes a point where is more efficient to sit and not move, than to move without making money...in other words a carrier will prefer to sit for nothing than to work for nothing...by "nothing" I mean $$$ profits...
Like truckers have been saying the entire time, there isn't a driver shortage, not is there all of a sudden an oversupply of trucks. The reason due the higher reduction rate is because of brokers trying to retain most of the profit. Carriers find better paying freight running the same lane. Pay your carriers; Problem solved!
The loads are getting a little slim out of Cali for long hauls…. And I’m a company driver for a large carrier so I can just imagine how it hits the smaller companies …..
I do believe it's a driver shortage..Because big companies and shippers got contracts with each other too lower the freight rate..They trying not too pay the fuel surcharge and the brokers trying too take the fuel surcharge..I don't think rates or, down that's just the propaganda..If, fuel high and the price of trucks are expensive..Then guess what the rates suppose to go up too..Shipper, Receiver,big companies, and freight brokers or in the game together...Trying too run everybody out of business...Hell if the Shippers and the brokers can get the load moved for cheap by o/o and small fleet truck owner...They"ll run them out of business..Because the overhead too high...The brokers and the shipper just holding out on the rates...But, when it comes too large companies they now gonna cheat there drivers...
For one their ant no driver shortages dry van goods rates are down and fuel prices are high and brokers taking advantage of it when COVID hit the supply was high but rates were very low because of brokers flat bed rates seeing staying the same rates I see a recession very soon within 6-8 months and lot of truckers n companies going under need get Reid of the 3rd party bs rates will be fine then
I Believe That When we had the overload at the port and they weren't sending empties containors back to China so they took offense ..Last Week 2 More trucking company back east shut down ..And Central Freight Was also a lage company to shut down after years ..Okay Driver Shortage Alot of these drivers don't run and alot of them are to Young (18) for Driving trucks 🙄 and I believe they now have them going outta state state I see 2007 an 2008 where even the rails wasn't moving also July 2020 the industry lost drivers to Covid and many other reasons 52, 000 to be exact at that time .. Its about to go down ..and I'm just finishing up my course in Freightbroker/agent Classes . Thanks for asking
Got to call freight waves on their missed calls. Month in on the 2020 shipping boom they kept on calling for a correction or a down turn in volume. But yea the blood bath is here... no there is too many drivers and too little company drivers.
Owner operator on spot market or company driver on contract market... Makes no difference in the market, if they are running contracted loads, those loads typically do not enter the spot market except a few freak scenarios... if that company driver becomes a spot market owner operator, he will no longer serve that contracted lane, and that in effect will put his load onto the spot market. Well maybe Carrier recovers that lane with another driver or shipper moves to next contracted carrier, but regardless, it is one less driver serving contracts, and one more driver doing spot freight, it's a wash... It only matter when we get people coming into trucking fresh and buying a truck that we will see this truck supply increase... and when people are new to the business as a company driver.
I think the opposite will happen, Rates will continue to climb as everything get more expensive. There will be too much stuff to move and too little drivers.
As a driver that works primarily off the spot market I absolutely agree that a recession is on the way. Rates on Dat are at least $300.00 below what the 30 day averages were for most of the freight that I see out of the Southeast market. Considering moving over to the Savannah Container side with drop and hook loads
If there was an over supply of trucks. Then ppl wouldn't be paying these super high prices for used trucks. I understand inflation has cause prices to go up. But what some lots or individuals are asking for used trucks with half a million miles or more on them is ridiculous!!! For the one that have over paid just to have these trailers or trucks. You will be bankrupt soon.
Over supply of trucks meaning too many have entered for the amount of freight available. Everyone and their brother ran out to buy a truck the last two years. 92,000 new authorities were granted in 2021.
It depends on if you're a Company Driver, or a Owner Operator. If you're delivering one commodity as a Company Driver, then maybe, especially in the auto industry. But if you're an Owner Operater delivering everything in & on site, then you will not loose. Rail Yards are booming! To much freight! Company Drivers must have a company that delivers everything, not just one thing if they plan to win. Company driver's bosses who are delivering ONE commodity are turning to the LOAD BOARDS to compensate for losses of domestic freight. This is where your business "Freight Brokerage" shines.
Incorrect for the simple fact that cpm does not go down as a company driver but rates go down for o/o. Specifically for mega carriers not small company's they might go under but mega carrier company driver don't lose.
@@foodforthoughtv2730 Who's questioning cpm? I'm a company driver, and I don't get paid cpm. What are we talking about here? If Companies can cut back on Percentage loads, hourly pay, & daily pay as a company driver, what makes you think they haven't or won't cut Owner Operators also? THAT IS ECONOMICS 101. The Owner of the company will not pay higher taxes, they will pass extra taxes on to the driver by way of higher health insurance, higher cost for uniforms, decrease your cents per mile, cancel 401k plans etc...which is why Owner Operators starts "JUMPING SHIP" looking for a new company to haul freight for. All businesses do this. It's called "CUT BACKS"!
We're just as busy as ever, but we're definitely not seeing rates keeping with overall prices. Labor, fuel, parts/service and now insurance is going nuts. It's not tenable forever like this. Really all the input I have. Rates are still better than they have been for most of history.
Non profit freight brokers on the way to wipe out greedy brokers, to save the customer money and put more money in the drivers pockets. It’s been a long time coming.
The problem is when the government opened the borders a poured in thousands upon thousands of foreigners into the trucking industry. This was the death of the trucking industry for an American truck driver.
@@shapegifter1637 you ever heard of a work visa. Your boy Biden administration pushing this now. How we go from a trucker shortage to having too many truckers. It's all by design
Yes
thats because theyre the ones that causes the mishaps
I’m just a company driver, and I used to work between 12 and 14 hours a day, now I’m lucky if I get 10-12
Ya its slowing down but mainly due to brokers trying to cheap out I can't run for less that 2.75 mile when fuel is 5.36 say no to cheap stuff
Everyone bought a bunch of trucks and trailers but the freight kept dropping and dropping.
The problem is the drivers that take cheep loads
Problem is not enough freightfor everyone out there right now.
Ohio freight has slowed down alot in the last 3 months
thanks for sharing!
I’m a thinking we are. Going to run out freight with no overseas goods coming in
It’s not enough trucks drivers stop
Definitely rates are slowing down
Fright booming with cheap rates & folks taking it trying 2 hang on . Only prolonging OUT OF BUSINESS with more Mechanical problems out of the return trucks 🤦🏽♂
The answer is No.. it’s not the freight!! It’s the price of freight.. shipper are low balling brokers are taking their nice cut!! The carriers are barely getting bye.. mean while the driver only making a third of the load .. if that!! While the O/O is hurting also.. I say.. truck companies and O/O need to stop all movements for 6 months.. then let’s see how prices are.. trucks are going to go back down.. fuel is too.. once we as a people stop going along with they madness.. we all be able to live together again
Just remember: the same people that own the fuel, own the engine manufacturers, and so on
My truck is parked!! Brokers can kiss my ass with there cheap rates
Yes sir. I am on my way home as well. Time to give it a welcomed rest.
Not me, not at this rates. Thank you for doing what you do!!!!
Me too
4/20/22
Bolingbrook IL
600 loads 1200 posted trucks
As a driver I've noticed that rates are dropping as food and gas prices go up doesn't make sense at all and it is very frustrating.
There is no connection between fuel price and the freight rate..last year was greay year ,so alots drivers and trucks comes to the platform so the rate drop..
It does make sense brokers know truckers fighting for freight. Everybody underpinning everyone.
When they are constantly talking about driver shortage then to say too many trucks wtf. What they are doing is starting the language to push the small guy out and start more monopolies.
it's a broker shortage, what we need is more middlemen with no assets....
I think we still got a year until we see a recession. March was a regular slowdown before produce and construction freight begins. So as we move down closer to the end of the year, more and more trucks will be delivered to those who ordered last year. Then there will be bloodbath. Here is simple math: on average truck travels 10,000 mileage month, so that equates to about $30,000 in revenue. $7000 driver, $8500 fuel, $1000? tolls, $1500 insurance, $4000 truck and trailer loans $500? repair and maintenance. Then there are fees for load boards, ifta, permits, registration, parking, tickets, truck washes, etc. So you see about $25,000 is expenses, and only $5000 is left. That if nothing major happens.
Exactly !!!
There has never been a driver shortage there are too many and also too many brokers causing low rates
people been saying all the time the industry is 80,000 drivers short but when you compare that number to the number of 3,36 million truck drivers you get only 2,38%!!!! And that shortage only becomes significant in peak seasons with higher freight output
Brokers are a problem and have
been along with shippers for past 30
Years. Brokers need
to be regulated. Freight will always
be in demand it's the Shippers and
Brokers who are
Ruining the Industry
along with Govt Regulations on Truckers and IRS
not providing tax incentives to Truckers.
Dispatchers taking cheap loads are the problem
Love it, if you are not part of the solution you are apart of the problem
The problem is us taking the cheap freight. look at our self we are the one to blame. if it don't align with my rates i dont haul it ..........
I saw a load booked for $2600 from OH - CA.
Everybody fighting tooth and nail just to get back home, let alone negotiate.
Yes freight is slowing down. Gas prices are way up, and and it’s hard to find good loads anymore. Im a owner operator and just started three months ago. Rates have almost cut in half compared to earlier this year. This is just my opinion and I know I’m new but I feel like freight is slowing down and these large companies who needed truck drivers promised extremely high wages to new drivers and now they’re taking any load they can to keep their drivers busy and keep revenue coming in. On top of that I know my CDL school is booked out till November of this year with new drivers flooding in knowing they can make six figures a year starting at a larger trucking company. I’ve also heard that produce season is not going to be as good this year so that’s gonna throw a wrinkle in everything.
There is only too many trucks because the economy is slowing down so there is less product needing to be moved. In the warehouse side we either have too much stuff that was hoarded as a just in case measure or we have little to no supply due to silicon etc shortages worldwide. If people can't or won't buy stuff it hits trucking first and then warehousing and we are seeing it on both ends. Currently we are only using about 70% to 80% of our drivers because we aren't selling how we used to (including e-commerce) so that stuff does not need to be sent to stores, and on receiving we are either overstocked or out, nothing really in the middle. Staple goods like liquids, toiletries, etc still sell well but larger and more expensive items have dropped off considerably.
I do not undersdant why do exists brokers between shippers ans drivers ?! Ok, if for some reason they are, than who controls them or to make them to take not more than 2-3 % from each load ? They do not have expenses like shippers or drivers !
A good law and total transparency towards brokers actions, a maximum retain of 2-3 % from each load, no matter how looks the market and how much pays him shipper and a lot can come to normal
Or make shippers and drivers to work directly
market corrections are very healthy in my eyes
specially since we had been sittin beyond all time highs
😎cool
Everywhere I go I talk to warehouse guys saying I’m about to get my cdls I’m tired of working all day for little money. Translates into longer load and unload times at the shipper and receiver from lack of employees, and mega carriers having constant supply of new cdl trainees under forced arbitration to get a job in trucking without having to pay out of pocket for their cdls. now after about 6 months of being over worked having no real home time and taking home less than A $1k a week to live a hard lifestyle a lot of people quickly learn the truth and quickly decide to exit, job hop looking for better pay under a bunch of false promises, and or become independent so they can have more control of their careers, money and family time. So it’s seems to me the reason this keeps happening every 3 years is because mega carriers lobby against independents with insurance executives and state politicians to not only make it cost prohibitive to start your own trucking company, but it’s to allow adequate time see how the markets will go. They buy all the trailers to prevent smaller companies from becoming stiff competition on contracts. And use ignorant new drivers to survive in bad times. And if for some reason the recruiter can’t seat 500 out of 2000 company trucks, that’s when they trade in the oldest trucks to sell to the very drivers that refuse to work for them, through auctions or used truck lots and they buy fresh trucks every year so the companies they have contracts with will be more confident in doing business with carrier because it’s less of a chance of breakdowns. It’s really clear to me the economic games these rich folks play. That’s why education is to be sold not told. Because the more people that know the more level the playing field is. Now look at what they pushing for. Autonomous. To eliminate a human liability and reduce overall operating costs at the expense an entire middle clash of legit hard working tax paying u.s citizens. And I’m 33 and noticing all this from 5 years experience in the game. I feel like I’m being punished and squeezed out because I don’t want to make a rich man richer I’m trying to do better for myself and my kids too. The more you eliminate the middle class the more dangerous the world becomes. Peace and and prosperity is all about the money man! Cannot have peace without prosperity. Greed is one of the greatest sins of man. Being smart does not equate to not being greedy.
Well said my guy. It is what it is, gotta deal with it
Real shit 💪🏾👌🏾❤️
It’s not a driver shortage it’s an increase in independents.
March was by far my worst month
I concur with this assessment. Over the last month I've seen averages drop from 3.50-4.00 a mile to now less than 3.00. We have trucks waiting to load and not enough loaders at warehouses to load merchandise. If you ask me the bottleneck is on the shipper/recievers, not the transporters. I believe the rhetoric of " trucker shortages " is just propaganda to flood the market so brokers have more options. We're having to fight with these brokers and turn down multiple loads to get decent rates. On top of that just over the last 3 weeks, I've experienced ongoing issues with brokers giving misleading information about due dates and pickup times. I'm not sure if it's just to lock us into committing to a load, but it has cost me thousands in revenue. Do you have any advice on how I, as a driver, can deal with this? FYI I work with a small company of maybe a dozen drivers and I assure you I am not the only one experiencing this issue.
@@franksgump5 at least I'm not the only one, I've been sticking to the Midwest for better rates and cheaper fuel, unfortunately I lease my equipment and pay over 10k a month, not including fuel, so sitting isn't an option. I've been reduced to taking loads for 2.20 to 2.50 a mile. It's frustrating because as much as I hate to feel like I'm part of the problem, I'm also stuck between a rock and a hard place.
As for brokers being dishonest with dead head and dates. It’s important to know that you have not agreed to doing anything untill you have signed the rate con. So just make sure to double check and verify everything is correct on that rate con before you sign and return it. When I receive a rate con and the the towns are not accurate to what they say. (TQL is notorious for this) I simply tell them the town on the rate con will not work for me. And request higher rate or decline the load.
@@franksgump5 I hear so many horror stories of them playing with peoples money I stay away from tql
I don't think there is over supply of trucks or drivers and there is shortage of real stuff less productivity inflation cost to much to operate and this will push alot companies out business not just trucking companies that over paid for equipment is going to be real bad . Unless the fed stop rising interest rates alot companies depend on debits not profits this is stagflation either way this is tuff time and dollars could collapse easily.
I’m an owner operator with my own authority, decided to take some time off. The rates seemed to stay or drop slightly, my problem was the I’m primarily contracted to made no adjustments on rates for the fuel surcharge, so I’m shut down as of 03/20 and will look at the rates next week and make decisions and see if it’s at the margins I want to work for
Yeah a lot of us are doing this !
There is freight but is not paying anything. They basically want you to work for free..
Don’t go to Miami and expect a good paying load back home….. a lot of drivers originating from Miami are the reason of low cheap rates leaving Florida
I’d never been an owner operator…. To much stress and fighting for loads with tight time tables for delivery…. I’m good 👍
Fighting for loads only when it's slow but when it's busy like 2020 and 2021, ooo whee, the rates were fantastic.
freight rates are dropping now, not just because there are too many trucks but because half the trucks out there are financed at a high rate to where drivers are forced to take cheap shit just to break even... work for free
imteresting...🤔🤔 thanks for commenting!
They will go out of business shortly. Except the smart ones who continue to fight for higher rates.
@@brandonthefreightbroker I'm surprised you find this "interesting" .... This is basic business knowledge for anyone in the trucking game
@@vroor32 it's the basics of business and life that everybody claims to know already that we get wrong...which attributes to the high failure rate...to know and not do is really not to know...
@@brandonthefreightbroker yes indeed. And if you didn't know, now you know ....(said Biggie Smalls)
A lot of new trucks will be going back to the bank kkkk
They will come up with a new TV show series soon.
“Truck and trailer REPO”.
😂
🤣🤣🤣🤣🤣🤣🤣
To many brokers killing small desperate carriers! By getting greedy!
Hypothetically giving you this scenario. Broker and Mega Carriers go to shippers. They say not enough drivers and gas prices high. They negotiate 4 a mile. They have a few weeks to get a driver. They put it on the boards for 2.25 a mile. Hoping a sucker takes it. Define sucker. Someone in a slow death spiral got new truck payments, house payment,car payment, someone trying to get home and avoid dead head run, hotshot driver, etc etc. Broker thinking why pay 3.50 a mile when I got a sucker taking it at 2.25-2.50. All I tell him is freight rates are down. Next mega Carriers telling government not enough drivers so they get millions in grants for development of AI trucks. They have few days left to deliver the load and offer 3.25 a mile. Mega Carriers say not enough drivers but what they really mean is that truckers not willing to take loads at near break even or do the load for below hard costs. It's a slow death. For lease ops. Your load slow down until you can't make the payments. They confiscate truck and sell it. They control your load board and decide which loads you can get. You were paying for fuel, maintenance, insurance, and finance costs. Now truck a little bit older, waiting list to get new trucks or even older trucks a bit more difficult due to part shortages. Easier to take your truck and sell it or get a new sucker to take the lease deal and repeat the newbie coming in. By the time a newbie realized he/she has been hustled 3-4 years have passed by.
A lot of new competition. Everyone jumping in to try to get rich when rates were high. 92,000 new authorities have been granted, just in 2021 alone. Give it some time and most will get shaken out.
Awesome very informative thank you Brandon
We run for 2 years with high rate
And now is the time to slow down until end off the year what I learn from my experience as owner operator and dispatch 5y.
That does seem like the pattern.
March and April are always a fall off in freight. Mid to end of April the market levels out and runs thru June. July freight picks backup and climbs thru Christmas.
That’s very tru, but the only problem with that is onions and peaches aren’t moving as rapid at this time of the year which would free up some drivers.
Yes I have to fight for a good rate on the board so I’ve been eliminating the brokers as much as possible & working directly with shippers. Usually previous shippers that a broker connected me with
good for you
I’ve been dealing with mines as well, but even their workload has diminished. I’ve been looking for other avenues like maybe rail or even flatbed at this point lol
Smart brother !!!
do you just call up shippers and ask if they need freight moved?
@@rsd5768 about the gist of it or know someone that know someone
Eliminate the middleman(brokers) and truckers can get paid better as they should and shippers can get a break on rates.
💯
This article is absolutely correct, the month of march has been my worst month. Definitely an over supply of trucks and they taking cheap freight not even enough to cover the fuel, it’s absolutely a blood bath out here. A lot of trucking companies is going to go bankrupt very soon.
thanks for commenting Norris!!
Market always slows down in winter maybe will pick up in April
Correct
I close my freight business, got off that sinking ship real quick!
That's why you need to consolidate freight, only way to stay alive right now.
It's not that hard to fix the issue ....just park for 1 or 2 weeks and the problem will be solved..brokers and Shipping companies need to understand without trucks they are out of business. Also they can't expect owner operator to haul frieght at a loss with high cost of fuel not to mention companies are not forced dispatch. As far as frieght is concerned it is not slowing down what shippers are doing is holding on to there frieght so they can manipulate the market.
If you and some others park their trucks, there will be higher rates for the ones who keep driving.
That's the problem, truckers will never unite
We will be going directly to the shippers bypassing brokers and including distribution on the supply end doing multi drops and providing financial support and credit lines . You eather get serious or fail as a simple trucking company!
Love it, if you are not part of the solution you are part of the problem
The problem with that is.. u have to have either, a company or LLC with ur own insurance..
@@jnenski361 Why is that a problem?
Well said brother get rid of the crooks in the middle under their air conditioning comparing their job to a truckers job 😂😂😂. The disrespect. Last time I checked we’re risking our lives and living horrible conditions only to be screwed by the middle man . Be blessed my brothers and sisters !
Do any of you brokers actually report or record any loads that had a Tender rejected or negotiated? I don't think many spot market brokers do record or report thst info. Which begs the question, how is that article valid, how would they know what that percentage actually is?
Freight not slowing down, large carriers..at one time wasn't over on the spot side..but with more trks...money they received now there coming to shippers with a deal...drop trls...ect...so a o/o with one wagon...mks it hard because they cut the rate and gv it to lease drivers.....so look how prime inc.
As of the 2nd week in May I can verify that freight is slowing down. I'm currently sitting in California, just outside LA. The truck stops are completely filled with trucks, in the middle of the week, middle of the day. Either there are no loads or brokers are not offering high enough rates, or both. I fear it's going to continue and be a very ugly year. Be safe everyone.
thank you for sharing John!
The pandemic and social media has made trucking look sexy and easy, people trying to find a easy way to make a living... Nothing wrong with that though!!! I know a few people that always hated trucks and trucking now social media has persuaded them to be rich truck drivers
You’ve brought up a good point- several RUclips people that I follow in the past always show how much they’re getting paid and such (funny how they’re not posting those numbers anymore hahaha). Yeah they’re short on drivers (company drivers), these millennials aren’t like my generation- stay at a job for 10- 20yrs thinking the company is going to take care them. Nawl, these kids now are blazing their own trail and the government hates that, simply because they can’t get their hand on that money first vs a 1099 individual (you tell the government how much you paid in taxes)🤣🤣🤣!!! Same with the gas and fuel, the government is trying to push everyone (that can’t afford an electric vehicle) to buy one. They’re putting the squeeze on us gents.
Recently came across you, just subscribed to you. Thanks for the help !
It’s slowing down and rates are steadily falling
interesting..thanks for commenting!
Truckers leave brokers hanging because their are shippers willing to pay premium to move any freight. Brokers will suffer but so to Will truckers when they realize that the relationship with their brokers should be symbiotic. Shippers know brokers and prefer to deal with brokers for all the perks offered (someone they can talk to when freight isn’t delivered on time, etc.) vs a trucker that will likely not have customer service skills or the ability to speak with shippers or consignees. Agree on over supply of trucks and powers that be are still playing with SC calling them constraints, etc. This is a deliberate slowing of markets to assist with the deliberate crashing off the US Economy and dollar. They won’t stop until they get their great reset. It’s our job to shift our spending away from corporate greed a.k.a. WalMart, Target, Amazon, etc. and start speaking to the puppet masters in a language they understand! $$$$$. Speak with your wallets today and change the balance of power tomorrow.
Not less freight but rates to low to waste my time
thanks for sharing Richard!
I as a small carrier do not report any type of information to anyone about tenders and rejection of them at all. Do you as a broker report any of that type of information to anyone? Outside of uber freight who could keep track because of the way their app works. I try not to run to much with them either.
they analyze indexes like SONAR Outbound Tender Volume Index
@@brandonthefreightbroker Neat. I don't know what that is.
This ceo is dead accurate there’s too many trucks on the road and brokers and shippers are taking full advantage of that and inflation is contributing as well bcoz people are buying less of everything u should be happy if ur making 2.50-3.00 a mile right now
Get rid of the brokers .... Problem solved
Survival of the fittest. Some must perish for others to live.
That’s what it is. Some are going to go down and some will rise.
no doubt!!
For a lot it's a slow death, then all of a sudden, snap, they break .... These slow diers are going to be a problem for the rest of us who prepared for this bloodbath 🤕
That’s wild… Higher up elites got some of you living like savages and don’t even see it.
I think freight brokers are responsible for this "freight recession". Greed will be your ultimate down fall. You freight brokers are just middle men not needed.
Truck drivers stop taking cheap freight. Make professional contacts with shippers. This is our industry. Freight can not move without a truck. Freight brokers are not needed. Most of them will greed themselves right out of business.
ok. peace and prosperity!
Yay now we wont have these guys bragging about how much money they are making on RUclips.
Volume of Freight or available freight is down very bad! I think it's down 70 to 90 percent depending on the lane.
Do u think it would still b a good idea to go get my own authority? Y trucks are at a all time high?
@@vc5662 Bad time to get authority; freight low; everything else is super high. Trucks are expensive because of the low supply of new trucks coming off the assembly line.
Not a freight recession, a recession. At no time in history when rates have been used to chase inflation has it not ended in recession.
Man this sounds scary. I was just thinking of getting my CDL and going OTR with a mega carrier (I think you can guess who).
Would you say maybe that’s not a good idea now?
Yes that's still a good idea,
Company driver pay is up.... probably not much for new drivers but it shouldn't take long for that too reach you. We're talking about 2 years depending on the company
Everything on this planet is moved by trucks come on now
Trying to convince 5 Members of my immediate family to build a freight brokerage and To operate some box trucks aswell.
thanks for commenting Lee!!
Go independent. Business parnerships never work unless its a husband/wife partnership where all the funds go into and out of the same pot.
@@mctransportation9831 thx for that.
Nah just greedy brokers.
Thanks Brandon, great content as always. Have you done a video on how to great through a recession in freight? It sounds like you have experience with that too.
thank you Luis! sounds like a good topic!!
Good evening,
I’ve been doing this a long time well since the mid 90’s. Trucking has never been a get home every week kinda career. What will shock most people out of this industry is having to spend 6-8 weeks out here at one time.
Do I believe that folks could do it? Yes, however I do not believe people will do what we did almost thirty years ago nor should they have to.
I also do not believe many people will do this for basic minimum wages (your idea and my idea of minimum wages may be different).
I’ve heard about the driver shortages since I started, all propaganda “stuff”. The way to make it in this industry is either love being in the truck or find something else in the industry to do.
Trucking is the most overworked and underpaid career in America period.
Stay safe.
@Robert... Amen to that... I've started trucking back in '98 and I concur...
I'm not sure why some drivers - thankfully not all - want or expect a 9 to 5 standard 40 hrs per week work schedule and weekends off...yet at the same time they expect to make the big bucks with the big trucks...
This is the biggest misconception leading to poor performance and frustration for all involved...
I'm personally no longer in the truck but I deal weekly with drivers that want, need, demand to be home on weekends and that's not helping the money making process... that's the raw truth...
I'd say to all aspirants truckers, if you want to be home every weekend to spend time with your family and friends and pets, then trucking is not for you...
I'm also hiring, always hiring, but when I hear an applicant requesting or expecting to be out OTR less than 3 weeks at the time we'll skip it by default...
@@gabeghiby6935 there's many kinds of trucking. I deliver to restaurants. I start early but I'm home at 5pm.
People should indeed think we'll before starting otr
@@gabeghiby6935 makes sense and I appreciate the advise given. It seems to be a lifestyle and one that I’ve always wanted to experience and been intrigued by since a child. I’m ready and can’t wait to get started!
@@anthonypowers257 if you feel it's something you'd like then do it, finish the trucking school and get your CDL (if not done already) and then get some experience under your belt and from that point on if you drive safely and responsible you have job security and a better future...
There is a oversupply of trucks/carriers and the market, the available cargo, is slowing down, shippers reduced production and distribution...
However due to high overhead costs and investment a carrier/truck can't and won't accept a ridiculously low rate just because the market is down...why..??.. because it comes a point where is more efficient to sit and not move, than to move without making money...in other words a carrier will prefer to sit for nothing than to work for nothing...by "nothing" I mean $$$ profits...
gotcha..thanks Gabe!
And thanks for the $5+++ ⛽ Joe Biden
Half these truck drivers can't even think 🙄 look another recession likely watch
I don’t believe it I work for an ltl carrier we have trailers full of things that haven’t been delivered because we are so short drivers .
Your not short of drivers, if you paid well you would have all the drivers you need, the better you pay the better driver you will get.
Like truckers have been saying the entire time, there isn't a driver shortage, not is there all of a sudden an oversupply of trucks. The reason due the higher reduction rate is because of brokers trying to retain most of the profit. Carriers find better paying freight running the same lane. Pay your carriers; Problem solved!
The loads are getting a little slim out of Cali for long hauls…. And I’m a company driver for a large carrier so I can just imagine how it hits the smaller companies …..
Very, very good content. Keep it coming
thank you for the kind words of encouragement Toya!!
Definitely notice a difference in rates now than from last summer big time .
Great video!
I live in Washington state and I am seeing freight rates on the down turn. I do not think there was ever a driver shortage.
thanks for sharing Roland!!
I sold my truck last month Fuck it Im done
Might follow u
Bro I got out trucking last week
Keep this in mind -Mega fleets is mafia - they are loosing driver who have got their own trucks and authorities- they want to chase em away
The devil is lie This money coming pouring in
I do believe it's a driver shortage..Because big companies and shippers got contracts with each other too lower the freight rate..They trying not too pay the fuel surcharge and the brokers trying too take the fuel surcharge..I don't think rates or, down that's just the propaganda..If, fuel high and the price of trucks are expensive..Then guess what the rates suppose to go up too..Shipper, Receiver,big companies, and freight brokers or in the game together...Trying too run everybody out of business...Hell if the Shippers and the brokers can get the load moved for cheap by o/o and small fleet truck owner...They"ll run them out of business..Because the overhead too high...The brokers and the shipper just holding out on the rates...But, when it comes too large companies they now gonna cheat there drivers...
For one their ant no driver shortages dry van goods rates are down and fuel prices are high and brokers taking advantage of it when COVID hit the supply was high but rates were very low because of brokers flat bed rates seeing staying the same rates I see a recession very soon within 6-8 months and lot of truckers n companies going under need get Reid of the 3rd party bs rates will be fine then
I Believe That When we had the overload at the port and they weren't sending empties containors back to China so they took offense ..Last Week 2 More trucking company back east shut down ..And Central Freight Was also a lage company to shut down after years ..Okay Driver Shortage Alot of these drivers don't run and alot of them are to Young (18) for Driving trucks 🙄 and I believe they now have them going outta state state I see 2007 an 2008 where even the rails wasn't moving also July 2020 the industry lost drivers to Covid and many other reasons 52, 000 to be exact at that time .. Its about to go down ..and I'm just finishing up my course in Freightbroker/agent Classes . Thanks for asking
thanks for sharing your perspective Noel!
Got to call freight waves on their missed calls. Month in on the 2020 shipping boom they kept on calling for a correction or a down turn in volume. But yea the blood bath is here... no there is too many drivers and too little company drivers.
Owner operator on spot market or company driver on contract market...
Makes no difference in the market, if they are running contracted loads, those loads typically do not enter the spot market except a few freak scenarios... if that company driver becomes a spot market owner operator, he will no longer serve that contracted lane, and that in effect will put his load onto the spot market.
Well maybe Carrier recovers that lane with another driver or shipper moves to next contracted carrier, but regardless, it is one less driver serving contracts, and one more driver doing spot freight, it's a wash...
It only matter when we get people coming into trucking fresh and buying a truck that we will see this truck supply increase... and when people are new to the business as a company driver.
I think the opposite will happen, Rates will continue to climb as everything get more expensive. There will be too much stuff to move and too little drivers.
Agree. We are in a lull, people are scared to enter this industry, and rightfully so.
As a driver that works primarily off the spot market I absolutely agree that a recession is on the way. Rates on Dat are at least $300.00 below what the 30 day averages were for most of the freight that I see out of the Southeast market. Considering moving over to the Savannah Container side with drop and hook loads
thank you for sharing this Hanif!
If there was an over supply of trucks. Then ppl wouldn't be paying these super high prices for used trucks. I understand inflation has cause prices to go up. But what some lots or individuals are asking for used trucks with half a million miles or more on them is ridiculous!!!
For the one that have over paid just to have these trailers or trucks. You will be bankrupt soon.
Over supply of trucks meaning too many have entered for the amount of freight available. Everyone and their brother ran out to buy a truck the last two years. 92,000 new authorities were granted in 2021.
drivers are not the same as trucks and "avg" rates don't cover all sectors. I'm having the best quarter my second career. - o/o stepdeck
It depends on if you're a Company Driver, or a Owner Operator. If you're delivering one commodity as a Company Driver, then maybe, especially in the auto industry. But if you're an Owner Operater delivering everything in & on site, then you will not loose. Rail Yards are booming! To much freight! Company Drivers must have a company that delivers everything, not just one thing if they plan to win. Company driver's bosses who are delivering ONE commodity are turning to the LOAD BOARDS to compensate for losses of domestic freight. This is where your business "Freight Brokerage" shines.
Incorrect for the simple fact that cpm does not go down as a company driver but rates go down for o/o. Specifically for mega carriers not small company's they might go under but mega carrier company driver don't lose.
@@foodforthoughtv2730 Who's questioning cpm? I'm a company driver, and I don't get paid cpm. What are we talking about here? If Companies can cut back on Percentage loads, hourly pay, & daily pay as a company driver, what makes you think they haven't or won't cut Owner Operators also? THAT IS ECONOMICS 101. The Owner of the company will not pay higher taxes, they will pass extra taxes on to the driver by way of higher health insurance, higher cost for uniforms, decrease your cents per mile, cancel 401k plans etc...which is why Owner Operators starts "JUMPING SHIP" looking for a new company to haul freight for. All businesses do this. It's called "CUT BACKS"!
We're just as busy as ever, but we're definitely not seeing rates keeping with overall prices. Labor, fuel, parts/service and now insurance is going nuts. It's not tenable forever like this. Really all the input I have. Rates are still better than they have been for most of history.
thank you for commenting!
Thanks for the insight
Non profit freight brokers on the way to wipe out greedy brokers, to save the customer money and put more money in the drivers pockets. It’s been a long time coming.
The problem is when the government opened the borders a poured in thousands upon thousands of foreigners into the trucking industry. This was the death of the trucking industry for an American truck driver.
that is not true if you don't have green card you can't have you cdl. those people they don't even have paper work.
@@shapegifter1637 you ever heard of a work visa. Your boy Biden administration pushing this now. How we go from a trucker shortage to having too many truckers. It's all by design