We are in the start of trucking recession

Discussion in 'Ask An Owner Operator' started by kay_ray, Apr 27, 2022.

What will you buy when it hits rock bottom

  1. Trucks

  2. Trailers

  3. Property

  4. Boat

  5. Cars

  6. Businesses

  7. I dont think there will be a recession

  8. 4 pack of beer

Results are only viewable after voting.
Page 1 of 17
  1. Apr 27, 2022 #1
    kay_ray

    kay_ray Medium Load Member

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    The rates are down . Fuel is high . Supermarkets are fully stocked all the time that means People are not buying everything they see but only things they need .stocks are in a freefall. Inflation is super high. Housing market crash is on the corner . China is under lockdown so the load prices will hit close to 1$ by july or aug . Underbidding of contracts will start soon too. New entrants are in the market like bees on honey with their over priced rigs and 12 to 15% interest rates.
     
    kay_ray, Apr 27, 2022
    kay_ray, Apr 27, 2022
    #1
    Another Canadian driver and Beaver9 Thank this.
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  3. Apr 27, 2022 #2
    VA CDL Holder

    VA CDL Holder Medium Load Member

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    VA CDL Holder, Apr 27, 2022
    VA CDL Holder, Apr 27, 2022
    #2
    Another Canadian driver Thanks this.
  4. Apr 27, 2022 #3
    REO6205

    REO6205 Road Train Member

    13,168
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    California.
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    Shouldn't your poll include a choice for those who will buy nothing at all?
     
    REO6205, Apr 27, 2022
    REO6205, Apr 27, 2022
    #3
    Keepforgettingmypassword, fordconvert, Studebaker Hawk and 14 others Thank this.
  5. Apr 27, 2022 #4
    kay_ray

    kay_ray Medium Load Member

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    1,236
    Jun 6, 2019
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    Just did
     
    kay_ray, Apr 27, 2022
    kay_ray, Apr 27, 2022
    #4
    Another Canadian driver, bzinger, Midwest Trucker and 1 other person Thank this.
  7. Apr 27, 2022 #5
    rollin coal

    rollin coal Road Train Member

    13,723
    28,279
    Mar 29, 2008
    TN
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    Where are you seeing full supermarket shelves at? We haven't seen that around here for 2 years now.
     
    rollin coal, Apr 27, 2022
    rollin coal, Apr 27, 2022
    #5
    Another Canadian driver, BoostedTeg, xlsdraw and 5 others Thank this.
  8. Apr 27, 2022 #6
    kay_ray

    kay_ray Medium Load Member

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    1,236
    Jun 6, 2019
    0
    Midwest mainly wisconsin
     
    kay_ray, Apr 27, 2022
    kay_ray, Apr 27, 2022
    #6
    Another Canadian driver and Beaver9 Thank this.
  9. Apr 27, 2022 #7
    rollin coal

    rollin coal Road Train Member

    13,723
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    Mar 29, 2008
    TN
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    You're fortunate. It's not like that down here in TN.
     
    rollin coal, Apr 27, 2022
    rollin coal, Apr 27, 2022
    #7
    Another Canadian driver and bryan21384 Thank this.
  10. Apr 27, 2022 #8
    PSM379

    PSM379 Heavy Load Member

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    Apr 19, 2019
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    What’s the point of posting dumb #### like this
     
    PSM379, Apr 27, 2022
    PSM379, Apr 27, 2022
    #8
    larry2903, Socal Xpress, Dave_in_AZ and 5 others Thank this.
  11. Apr 27, 2022 #9
    Short Fuse EOD

    Short Fuse EOD Road Train Member

    2,791
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    Jul 29, 2015
    Midwest
    0
    Entertainment, something to do when your sitting at a receiver or in the bunk..
     
    Short Fuse EOD, Apr 27, 2022
    Short Fuse EOD, Apr 27, 2022
    #9
    larry2903, Another Canadian driver, jraulpilot1998 and 6 others Thank this.
  12. Apr 27, 2022 #10
    kay_ray

    kay_ray Medium Load Member

    492
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    Jun 6, 2019
    0
    It aint dumb if its true . You can holler all you want but its coming .the rates on lanes dropped 100$ to 200$ some even 300$ in a single day out of midwest . People were scraping whatever they can get and booking it at the cheapest price today. Dont tell me this doesnt resembles of times before shutdown first week of april 2020
     
    kay_ray, Apr 27, 2022
    kay_ray, Apr 27, 2022
    #10
    Another Canadian driver, The_vett, Beaver9 and 2 others Thank this.
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