Another one bites the dust.

Inflation is extremely low, according to the fed almost worrisome low. Which means tariffs have done very little to raise pricing. Homes have gone up because unemployment is so low and wages have rose significantly across all classes of people. Especially the working class.

 

Wages haven't gone up significantly.

The people can't afford to put a roof over their heads.

It's all the news talks about .

The high cost of living and out of control rent

McDonald's still pays $9 per hour.

 

And all they talk about is what’s on each coast. Look into the actual numbers for the country as a whole.

Oh and btw.Mcdonalds is an entry level job, it’s not meant to support a household. It’s for teens needing to get experience.

 

Sorry, it WAS at one time for teens. Now mostly middle age and elderly are taking some of the slots in the fast food. You do have a couple obligatory college kids working there but not too many.

About 9 a hour is all there is. All it would be for 20+years.

 

Adults work there.

Kids are lazy. All they want to do is play xbox.

 

Daeske will buy out p&s

 

I like the way daeske does business. There is not to much trucking companies that have done what they done. But their financials have looked shaky for the last couple years. I would not be surprised to see them aquire p&s . They already got boyd bros and wti which run in the same lanes.

 

Anybody remember Ameritruck and how that ended ?
I think they swallowed up KAT in chesterton ind , roadrunner in phoenix and couple others .
The whole buy up the capacity thing hasn't work well in the past .

 

X2

 

SOB heavy I thank a post of yours and it's very to the point and correct.


Good for you.