The freight recession is officially over.

Haha I was also wanting to ask him why does he think that crappy Columbia is worth $70k and not $30k

 

Well, you did the decent thing, as did I, and didn't say it out loud. But I mean really.

 

no denying that there will be political bombs set in place for when trump administration tries to change things.

I guess we have to wait and see.

 

GA to Cali for $1.05 p/mile? I cant sit here and believe that they would really think someone would do that!!! Whew east cost to west coast for peanuts. And if you have a break down. What ever 5 dollar profit you made has been lost!!!

 

There has to be a minimum threshold amount for O/o's to run. It's ridiculous that someone would even take that. I don't care even if they have an abundance fleet of 100 trucks. Basically, operating for just fuel and insurance if that at this point!..

 

Had a buddy comment that 24 hours after elections. He has went from 1-3 loads of steel a week, to 2 per day and everything is fixed in 24 hours praise the lord. I politely called bull hockey. We haven't spoke since. Idk maybe he has some special contact or load board where all this hot expensive freight is listed that I'm not able to see.

I do hope things improve. But he is full of it. Just keep your head down and do what you need to. Don't listen to truckers preaching gospel.

 

Feels super early to call the freight recession over. We are seeing normal seasonal tightness in some locations, and the extra imports into California make that market feel a little tighter, but nothing crazy. I'm honestly really surprised they published that article now, but I do think in the next 12 months it will ramp up. Hard to say whether it will be a shorter up cycle though, some economists believe that the impending tariffs will give the truckload market a short term boost but then fall off as the cost of the tariffs trickle down to consumers. Either way I'll be out here trying to get some loads moving.

 

When the tariffs took place during his first term, did we see the cost to the consumer increase?

I remember we were in a deflationary period for several consumer items, I remember paying 80¢ a pound for tomatoes and milk was $1.20 a gallon. China was kicking ***** on things we didn't have the capibilities to make here, like electronic components - ESP32 modules were $1, and the same updated version costs $3 now. I don't expect tariffs to impact things that we are failing to produce. I expect solar power items to increase, not by much. Right now I am buying NEW panels for under $200, and I expect that to double. Batteries are at $200, but I expect that to go up to $350 or $400.

I don't put a lot of credence in these "economists" because a lot of them turned out to create these for political reasons, I read a lot of them - most of them are all doom and gloom, the economy will be worst with Trump than Biden and so on ...