John Kingston, Editor-at-large, FreightWaves, chats with Jon Esparza, President & CEO, Texas Trucking Association, and Bob McDowell, President & Owner, W.M. Dewey & Son Inc.
Along with the pandemic came a drop in oil prices that rank up there with some of the most severe. Since the U.S. oil patch has long been heavily dependent on debt to keep operating, it meant that there was going to be a significant squeeze on companies operating there, as well as the firms that service them. One type of company that fits in that category are the trucking companies that work the oil patch, hauling oil, equipment, fracking sand and any one of the other hundreds of products needed. In this fireside chat, John Esparza, the president of the Texas Trucking Association, and Bob McDowell, owner of a company that services the oil patch, talks about survival tactics during these tough times.