Forecasting spot rates 2019
Discussion in 'Freight Broker Forum' started by Dino soar, Jun 10, 2019.
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"Morgan Stanley equities analyst Ravi Shanker released a note earlier today (June 10) that suggested its proprietary industry metric, the Truckload Freight Index (TLFI) may be near its bottom as orders for new Class 8 trucks crash and a steady clip of carrier bankruptcies bleeds capacity from the market."
Rideandrepair Thanks this. -
I noticed yesterday that a small Volvo dealership on my lane had 12 new trucks on their lot. 2 to 3 mos ago, they essentially had none.
RERM, Midwest Trucker and Rideandrepair Thank this. -
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Rideandrepair and Dino soar Thank this.
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Wonder how many millions of dollars they spend to come to that conclusion? I’d probably tell them for half that.
86scotty, Rideandrepair and Dave_in_AZ Thank this. -
My trailer sales lady said she’s very slow as well.Rideandrepair and Scooter Jones Thank this. -
Rideandrepair, dwells40, spyder7723 and 1 other person Thank this.
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You guys do realize were moving REAL fast toward 2020 right? It's the busy season now. If you don't have your forecasting hocus in focus, I'm thinking you may have missed the boat.
Rideandrepair and spyder7723 Thank this. -
I have another one being built later this month. So I’ll have a second for sale. I may just need to wholesale them out but was hoping I could do better then trade in value on them.
You buying new?Rideandrepair Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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