Why are truck/trailer prices so high?
Discussion in 'Experienced Truckers' Advice' started by Regional, Dec 8, 2021.
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High freight rates creates high demand which creates high prices
Can't answer your 2nd question when prices will come down
JMO..but it might be stabilizing now.. but that is JMO.. I'am sure some will say different -
The same meal at taco bell cost me $1.68 now it costs me $5.
Everything is bloated beyond belief. The bubble needs to pop back to reality. Interest rates need to rise so people will work instead of just borrowing money and expecting others to pay off their debt. There's no reason to work when you can get paid to borrow money.
Only then will your trailer rates come back down. But don't hold your breath. America has been in a debt invest meta for a very long time.The_Great_Corn, 201 and jason6541 Thank this. -
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In short, because that’s what people are paying.
And, that is driven by supply &demand. -
Lack of inventory for pretty much everything.
It all started last year.tscottme Thanks this. -
I'm not so sure it's inventory I think that's what they'd like us to believe, but you mean to tell me there's a shortage of semi tractors and trailers? Pfft, I doubt it. I read, there are 2 primary causes for inflation, 1) printing more paper money that can't be backed up, and 2)supply/demand. Due to recent events, we are headed, or already at "hyperinflation", where certain economic events trigger rapid inflation, and only makes things worse. It's a pretty grim scenario, and no solution in site, except to raise the price, some more, and around and around it goes. High equipment prices are always the tip of the iceberg, with much bigger problems underneath. We haven't seen the half of it,,,
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