Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. Iamoverit

    Iamoverit Road Train Member

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    Apparently there's still big money out there since the forum is still getting tons of new posts from fresh members eager to buy/or already have bought equipment.
     
    Last edited: Oct 15, 2024
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  3. JonJon78

    JonJon78 Road Train Member

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    Maybe we see a year-end spike in rates/freight availability with the drug/alcohol clearinghouse rules going into effect Nov 18? Wonder how many of the 134,779 are still currently driving?

    That's definitely a lot of drivers and the states are the ones responsible for down grading licenses so, it will happen lots quicker than if the feds were doing it... IMO

    20241015_071725.jpg
     
    Rideandrepair and Deere hunter Thank this.
  4. 77fib77

    77fib77 Road Train Member

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  5. abyliks

    abyliks Road Train Member

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    campers are going to be going up because that’s all anyone is going to be able to afford to live in…
     
  6. Oxbow

    Oxbow Road Train Member

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    Probably a lot of demand for campers now where the storms hit.
     
  7. aussiejosh

    aussiejosh Road Train Member

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    JB Hunt just reported earnings of $1.49 beating consensus estimates of $1.42 with a 10 % drop in load volume. Operating income for the reported quarter July - September 2024 decreased 7% year over year to only $224.1 million. Not sure if these drops are enough to signal a recession is in place. They often say rather than focusing on Non Farm Payrolls, PPI, PMI, CPI, the powers that be should focus more on what is happening in the repo industry, are they up in volume, home foreclosures up or down? Vegas one of the main venues for major conferences are bookings for these events up or down?
     
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  8. Accidental Trucker

    Accidental Trucker Road Train Member

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    Credit card balances have dropped two out of the last three months. People are completely freaked out about this election. The fear porn on both sides is stupendous.
     
  9. Iamoverit

    Iamoverit Road Train Member

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    Didn't you drive in the States on an H2B before?
     
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  10. RollinChaos

    RollinChaos Light Load Member

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    Using Open Roads I'm seeing Diesel below $3.00 in many areas of North Carolina & Virginia.

    Low Diesel early on can indicate slowing demand.
     
  11. gerardo1961

    gerardo1961 Road Train Member

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    TA,Wheeling i-70 exit 11 Wv 2.85 with discount
     
    Rideandrepair and shatteredsquare Thank this.
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