Trucking News: Workers leaving jobs for trucking industry, six-figure salaries

Mike

Well-Known Member
The trucker shortage created an opportunity for Roadmaster Drivers School to open 20 locations nationwide, telling and teaching prospective drivers about the six figure starting point.

According to Metro South Community Improvement District Vice Chair Wayne Smith, drivers can earn well over $100,000 in just a few years.

"We got two applicants applying for a driving position, both in the same week… both [with] four-year degrees," Smith told FOX Business’ Connell McShane. "I asked them, ‘Why aren't you in the field that you studied?’"

"They said, ‘Because we can't make the money we want to make,’" he continued.


This whole 6 figure thing is gaining traction. First it comes from the CRST pay raise, now Roadmaster is pushing it to open up dozens of new schools.
 
I think it's possible just like hitting any other target advertised before. But a lot of people are going to think it'll be easy and come out of it disappointed.

It's the big pay raises right now that are pushing it.

Problem is, the downside is being ignored. Trucking stocks are falling, and they are falling because the leaders of the trucking companies are warning about the increased costs of operation. It's the stuff I've been harping on for quite a while.

Those who were in the industry around 2008 will remember trucking companies cutting company driver pay, claiming it was the only way they could stay in business. Other companies simply crumbled under the pressure and folded.

This will all go flying back the other direction, and unfortunately you have people leaving their careers for a truck driving career because they seem better long term money due to false advertising.
 
It's the big pay raises right now that are pushing it.

Problem is, the downside is being ignored. Trucking stocks are falling, and they are falling because the leaders of the trucking companies are warning about the increased costs of operation. It's the stuff I've been harping on for quite a while.

Those who were in the industry around 2008 will remember trucking companies cutting company driver pay, claiming it was the only way they could stay in business. Other companies simply crumbled under the pressure and folded.

This will all go flying back the other direction, and unfortunately you have people leaving their careers for a truck driving career because they seem better long term money due to false advertising.
None of this is sustainable. Rates are still, at least in my little naive world, good when there's a load to take that I can actually do (I skip all the garbage as not doable) but there's no way in hell I can see supporting $200,000+ trucks, $60,000+ dry vans, and $4.00+ fuel on them for the duration of a 7+ year loan let alone a $100,000+ driver salary on top of that yet.

IMHO that's way too much overhead.
 
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