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We're In the Midst of Trucking Bloodbath 2.0
Odd Lots
The Cyclicality of the Trucking Industry
The number one thing that I think would reduce cyclicality in this three would be making it harder to open one's own trucking company. This myth of a driver shortage is proliferates because you read about that and you're like, "Oh, I'm going to go start my own trucking firm" The only folks that can do that are the banks. So when the banks stop lending money and start financing new carriers to get in the industry, that will restrict capacity. When the market turns back around and it's lucrative, the banks will again resume lending money.
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