What companies will go under in next 2-3 months

That Green Bay mill (day street) is union. They've already announced expansion of the non-union (broadway ) mill.

 

At 10 a gallon how many load will even move. How much profit can be in cheap commodity like hay or water

 

Ill take them taters for my soup.

 

Copy that. When I offload they always leave allot behind. Last week I filled up a drivers cab with some tasty russets. Now if this load of ice cream I’m pulling has extras I’m keeping some of the blue bunny!

 

This country has gotten through a few bad inflation scenarios and it’s history but it’s never really had to deal with “hyperinflation. Inflation” Hyper inflation is like a rocket taking off straight up in the space until it runs out of fuel and then it comes back down just as fast. I believe we’re starting to see the beginning signs of hyperinflation. This is a catastrophic situation. I heard a couple financial experts saying the perfect storm is brewing and we could see 30% inflation. A lot of people still have a lot of liquid assets and they’re going to start hoarding stuff which will drive the prices even higher.

regardless, we’re all gonna be paying a lot more to live out on the road doing our jobs, our dollar is going to get a lot less at home, and eventually the loads are going to slow down to a crawl. Not a pretty combination.

And this is just some side advice for other drivers, try not to get yourself into a situation where the company owes you two weeks of pay with a lot of miles involved. Because if history is any indication of what’s coming, you literally won’t know they’re going to close their doors one day from the next. You’ll go to use your fuel card and it won’t work. And you’re on your own to get back home. Then you find out you’re not getting your last two paychecks. Not fun! Be wise everyone!

 

In addition to this I think good companies literally have a plan in place for when things slow down. And they execute it accordingly. That’s what the major corporations all do and the good ones survive all the economic downturns and come out basically untouched. Unfortunately it usually means a lot of layoffs. But I don’t know about trucking. Even if it slows quite a bit I don’t see trucking companies laying off drivers with how hard they have to work to get them in the first place.

But good companies know exactly what they’re gonna do when the economy slows down.

 

You know, I’ve read less posts about lease purchase and fake O/O recently. I assume this is a good thing. Drivers starting to wise up and not fall for the barely staying alive dreams.

 

Another trucker recession ?!?!?!?

Oh no I better get my vacation time in while its still there !!!

 

How much ice cream you haul? What are you and other going to replace that load with when people can't afford as much ice cream? Even ice cream out of the freezer at home was a treat for us around 08. What happens when people start only eating 1 or 2 meals a day because that's all they can afford? What's coming is going to look more like the crash of 29 than 08.

 

Sometimes I swear hyperinflation has been going on my whole life lol....the value of the dollar has diminished so much and so quickly, particularly in the last 15 years, and it seems to be diminishing faster and faster. I never felt like the country even got out of recession. I don't see how so many people can be in debt and then folks think the economy is in good shape. That combo makes no sense whatsoever. Yeah man, it's scary bit knowing if your company is gonna shut permanently. Drivers rarely get informed ahead of time. I've been pretty lucky to stay busy but I'm cautious. I told my wife we're laying very low for a good while. It's a lot of uncertainty and it ain't the time to indulge. Over-indulgence, overspending, overgrowth, all those to me are the biggest problems as to why we are in this situation. Too much commerce with artificial money