DIESELPRICE high

Sounds about right

 

Herd thinning soon to follow...

 

gasoline, groceries, clothing, cars and trucks at the dealerships, or private sales.

nothing is safe.

 

Trucking is boom or bust. We're approaching a bust. The herd will thin and fewer new O/O will be able to enter the market because of barriers to entry (not being able to get a reasonably priced truck or trailer). That will drive rates up for the survivors. The boom will last until manufacturers can start producing trucks and trailers to meet demand again.

 

I have been telling all of these idiots that are dying to jump in it's the wrong time.

And when I say idiots I'm not talking about someone that has a business plan and this happens to be the time for them to do it, I'm talking about the morons that go hey I got to get me a truck and get rich I don't care what the interest rate is hey you know what I'll put down $2,000 on a $300,000 truck and trailer cuz I'm gonna get rich and it's okay if I pay 25%..

Those morons get what they deserve.

 

I don’t think Manufacturers are going to catch up at all. In fact they are good to keep it at the current levels.


You gotta understand Megas don’t have an issue getting trucks. Independent drivers do.

 

If anything the next year or 2 will be interesting. A recession hurts everyone. I can’t a so called soft landing in Trucking. It’s always a big drop. Falling just as fast as it went up. No such thing as stability. Always a Load, always a Job. Just lower rates and pay. No matter how good fuel economy you get, can’t outrun fuel prices, or maintenance costs, and still make a huge payment. Just get deeper into a hole, while equipment wears out, and value drops. It’s a guaranteed recipe for disaster to jump in right now.