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Trucking - What's Happening With the Business?
The last time we were talking about trucking before is probably when prices were way up but another down, huh? Yeah, so on the business, on the market side, we are seeing especially for spot rates, which are more likely to be taken by owner operators or lease owner operators. Those are going way down. Contract rates are signs of that finally softening and that affects more of the larger trucking companies. Diesel is still really an affordability issue for especially for smaller companies. Equipment is still hard to come by. There's still all of these major headwinds and it is definitely a challenging time to be a small trucking company right now.