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<blockquote data-quote="bacha29" data-source="post: 5512182" data-attributes="member: 58386"><p>Exactly. You over committed yourself. You kept throwing more and more money at it never for a minute doubting the claims by management that they would provide you with enough freight and at rates that would provide you with a reasonable and customary return. Well, say hello to the real world of trucking. </p><p></p><p>You're the guy who bragged to me about how these contracts reaped "millions and millions of dollars" for the contract holder. Those were you own words. </p><p></p><p>It is an extremely recession sensitive business. When it hits truckers get hit with both volume loss and rate cuts implemented by the brokers and trucking companies to protect their own margins. And they do it because they know that when things pick back up all they have to do is to dangle that carrot out the window and somebody will always bite on it.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5512182, member: 58386"] Exactly. You over committed yourself. You kept throwing more and more money at it never for a minute doubting the claims by management that they would provide you with enough freight and at rates that would provide you with a reasonable and customary return. Well, say hello to the real world of trucking. You're the guy who bragged to me about how these contracts reaped "millions and millions of dollars" for the contract holder. Those were you own words. It is an extremely recession sensitive business. When it hits truckers get hit with both volume loss and rate cuts implemented by the brokers and trucking companies to protect their own margins. And they do it because they know that when things pick back up all they have to do is to dangle that carrot out the window and somebody will always bite on it. [/QUOTE]
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