[autotune]

I work in the trucking and consumer banking industry industry. A $100K idea is buying your own truck and becoming a trucker, shipping goods from one state to another. This is a billion dollar industry right now and is booming like crazy.

[hindsightbias]

I watch a few of those YT channels and it seems like a race to the bottom. Truckers in debt and driving at prices just to make payments, brokers taking advantage of everybody and every truck built in the last decade with all sorts of electrical and emissions issues.

Now, if I had a $1B to disrupt that industry with some Uber model…

[autotune]

Any videos you specifically recommend? Would be interested in learning about it more on the practical side, my org just does invoice factoring to help truckers get paid more quickly.

[hindsightbias]

Years back, I’d met a couple that did team driving (they could go 20 hours a day). They were raking it in. $300-400K/yr as owner-operators. Sounded sweet.

I don’t watch older guys lately, lots of grousing. Gas prices, inflation, Mexicans, Biden, etc. Those that have a lot of time and long-term relationships with brokers have it good, others who seem like asses probably explains why they’re always whining.

younger guys who I watched under the assumption “I lose job, what would it be like”: https://www.youtube.com/@DrivenTrucking/videos https://www.youtube.com/@ALEXTHETRUCKINGGUY https://www.youtube.com/@alexnino_ https://www.youtube.com/c/smigclick/videos

I think if you’re young, can get ratings and work for non-sociopath corps you can make a decent salary now. But a lot of people who try to be owner operators get over their heads very quickly, trucks are super expensive now, don’t know how to work on their truck, and lose their shirts (or drive for $2/mile and ruin it for everyone else).

I think it’s like any industry, shippers of old were loyal and now everything is commoditized. It’s a giant traveling salesman problem where it just seems like it shouldn’t be so hard, but shippers/brokers are failing/retiring and n00bs take over and efficiency is out the window.

[SuoDuanDao]

tangential question, does buying an electric truck seem like it would make sense due to lower fuel costs?

[autotune]

Depends on the range, as long as its within 260 miles or so for anything available on the market right now. Tesla claiming up to 500 miles in the future but who knows if they are actually working on that given Musk's current distraction.