Hello, this is Diana Stinson, President of Texas Global Services. Again, thank you for reading my blog. So this a slightly disturbing Freightwaves article about the condition of the trucking industry. Trucking has always been a place a shipment could be diverted, lost, late.

On top of that, we have the roller coaster ride where trucking revenue was turned off, on and back off again. The industry has changed for the worse, needless to say. Many trucking companies closed in 2020 and then the boom hit and there were:

• foreign investors bringing even more competition.
• Non-domiciled CDL’s and the Entry Level  Driver Training Rule Change.

Inexperienced drivers getting CDL’s from CDL mills and these people are not ready. So now there’s inexperienced companies with inexperienced drivers that were trained by an inexperienced trainer at their workplace.

The “Great Freight Recession”,  has hit everyone’s revenue and profits. Also hit the capacity of the industry as there’s people losing their licenses currently. Likely to raise spot rates, at least. So the industry is facing:

• The spot rates are lower than the amount of legally maintaining your truck indicating a shippers market. Now shippers are not scheduling a truck and going after these cheaper spot rates.
• Freight theft which has become a real problem. Let’s say you ship with an online forwarder that is computer driven. The trucker delivering your freight or the “last mile” logistics have been stealing loads.
• GPS jammers and impersonating others to get your loads.

All of this is stemming from trucking companies not getting paid properly? This is an important part of my industry. I use quality vendors that I have relationships with. I do this to ensure safe and timely arrival of your freight. It is my honor and privilege to deliver.

Recent Job: Overweight Load, Project Trucking