Trucking Economist Predicts “A Lot of Trucking Failures” Coming Soon Due to Pandemic What do yall th

I agree, the online purchases, and even grocery deliverly services will increase dramatically in my humble opinion!

 

Chaos creates opportunity

 

Dry van freight will be getting in on this too. Alot of Amazon loads, Fedex, and on and on.

 

The strong will survive!

 

I’m gonna do a LP. Wonder if amazon offers one?

 

My wife has covid-19 and I have just been tested for it since I also have symptoms.
My wife's doctor told her that the virus can recycle itself in your system. Meaning, once you are recovering it can start all over again..

Everyone is learning on the fly here...
This will last a very long time.

 

people have to be working to actually buy those luxury goods from them. So while yes, a lot of things are gonna be direct to home. It might still be hard for people to afford things.

 

Gotta be ready though. Amazon didn’t wait for a demand, they created it. No startup will ever match them imo, but one could nibble at the pie

 

I was just listening to a conference call with a consulting company I subscribe to, pretty accurate information,they have provided.

Well the closing of a lot of companies will do a few things, first is finally reduce capacity to below what the market needs. This is a huge plus for the industry but a lot of people who are running white volvos may finally be gone so rates will increase.

Second is a slower increase in freight, not the huge dump we saw in 2017/2018 but a steady increase that allows people to get out of the financial hole and possible expand. This many hope will prevent the rush to buy trucks and again create an overcapacity that screwed a lot of us.

Third this is actually an opertunity to address the issues we have with the government as a group. We are at the front lines of this with grocery workers and others who provide the nation with services to keep everyone going. Things like parking (we as a group should be yelling at Walmart and others playing games with parking ) and eld/hos can be addressed if we get it together now.

The prediction is may or June before we start normalizing.

 

AGREED!