I know some of you are wondering if you should try to get into trucking at this point in time. Others may be concerned about their jobs. What's taking place in the country is crazy in my opinion. But, I want you to know that trucking will survive this madness.
The wrecking ball that has been unleashed on our economic system is destroying lives, families, legacies, and businesses. It's very sad to witness the incalculable destruction. Trucking will take some hits. We're going to see some smaller companies close up. We will also probably be surprised by a couple of the big companies suffering, and reducing their operations, or being absorbed into another large company. Cash reserves are going to prove that old adage about "cash being king."
Those things are normal adjustments during trying times. We will see them happen in the next few months. That does not indicate that trucking is a poor career choice at this juncture. Trucking jobs are available now, and still will be as the dust settles and things fall into realignment.
We are already witnessing supply chains being busted up, and that just compounds the negative effects on various suppliers. Closing restaurants is a great example of this. Food delivery is suffering and so are the vendors in that supply chain. They were specifically geared to supply restaurants, and their packaging is having to be completely re-tooled for grocery store distribution. What a mess!
There's a lot of volatility in the supply chains now. Prices are going to fluctuate wildly. If things stay on lockdown there will be too much truck capacity in comparison to demand and that's going to put tremendous downward pressure on freight rates. That always results in people selling trucks, and that results in the valuations of trucking assets decreasing. None of that is good for the industry.
The truth is that we are in a violent storm. We are also a necessity in times like these. This is not a time to be fearful. It's a time to show your resolve. It's a time to be a Top Tier Driver.
If you need or want a trucking job, I encourage you to be brave and jump into the fray. You will be rewarded.
If you're already employed as a driver I encourage you to be a top performer. Lead by example. Don't cower at what others fear. Lean into your profession with vigor and determination. Be effective. Be proficient. Be productive. Those are the drivers who stand the test of time. They also will survive this unforeseen test of our system of capitalism. Free markets demand efficiencies, and there's no better time to prove you're worth keeping on the payroll.
Keep trucking my brothers and sisters. Your time to shine has come upon you. Face it with determination and boldness. You will slay this dragon!
