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Trucking in a recession; The best chance for employment? Starting a business

As of January 2009, 165,000 company drivers have been laid off, let go or fired. Changes to current standards of employment of class A drivers, requiring a minimum of 1 year of driving experience with no violations or accidents in most cases, excludes 30% of the market from finding employment. The best chance for employment in trucking is by becoming an owner/operator according to Wholesale Truck and Finance.

While the amount of freight available is lower, there is an increased need for productivity while decreasing cost, which translates into the need for more owner/operators - independent owner of trucks that run under the authority of larger companies - has grown substantially.

Wholesale Truck and Finance works with Class A drivers, many with credit scores as low as 550, to finance and locate a truck to enter the job market during these trying times. Their answer to the recession; get people employed by getting people involved.

Unlike dealers or third parties, Wholesale Truck and Finance uses their relationships with wholesale and fleet distributors to provide the opportunity to buy 2002 or better trucks to be bought and put into service for those willing to pursue the dream of employment independence; often with equity in the truck and dealer warranties still in place.

With jobs at a standstill in trucking, the position of "owner/operator" holds one of the few opportunities for stability and growth in trucking. In fact, many market leaders of employment, such as everytruckjob.com, state that the only strong openings within trucking in the next 6 months will be those willing to operate their own truck.

As unemployment rates continues to grow, there are signs that the credit market may be opening up - at least in trucking - as small and large fleets look to increase their fleets cautiously through wholesale financiers. Though there appears little demand for drivers, the demand for independent operators has never been bigger.

About Wholesale Truck and Finance

Wholesale Truck and Finance provides direct financing to owner/operators. We provide a unique financing service, working directly for the needs of the transportation entrepreneur working towards employment independence. Our philosophy is simple; put good drivers in good trucks and let them earn wages. For more information about Wholesale Truck and Finance visit us online at http://www.wholesaletruckandfinance.com or call 248-528-0224.



Author Information

Paul Still
Trucking Jobs, Inc.

Under Cooper River Bridge Run September 3rd, 2010

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