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.
  1. supergreatguy

    supergreatguy Road Train Member

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    those ones taste like 70% isopropyl backwash. The only acceptable one is dos, if you’re not making your own
     
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  3. bzinger

    bzinger Road Train Member

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    I've seen many storms in the last 35 years and most of us that have been around awhile knew this was coming , but we didn't know when and still don't know how hard the wind will blow .
    I do know I'm glad I didn't get money drunk and race out and buy a new truck with a sky high payment opting to keep my payed off truck .
    My prediction is that those that are well positioned in terms of freight and debt will be fine , those that went deep into debt the last 2 years to haul spot market freight are going to drop like flies and the Market will level out again .
     
  4. jason6541

    jason6541 Road Train Member

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    I am definitely happy I sold the trucks and retired from trucking. It’s going to be a blood bath for sure,
     
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  5. Boondock

    Boondock Road Train Member

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    Won't be able to buy anything when it hits rock bottom. You'll be standing in line at the soup kitchen, riding in box cars, pickin produce for the company store, living in hobo camps depressed and alcoholic, playing harmonica around a fire with nothing but the clothes on your back.
     
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  6. leviant0107

    leviant0107 Medium Load Member

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    Oct 24, 2021
    Detroit, MI
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    Southfield and Shelby Township as well…my wife loves the Krogers on Long Lake lol
     
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  7. Last Call

    Last Call Road Train Member

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    What is the definition of ....Monkey Drunk ?
    Asking for a friend !!
     
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  8. bzinger

    bzinger Road Train Member

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    Did I say monkey ? ...I meant money drunk . Lol
     
  9. Last Call

    Last Call Road Train Member

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    I'am from Iowa .. you probably did say money.. lol.. although monkey sounds good
    I'am dyslexic.. and stupid too
     
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  10. supergreatguy

    supergreatguy Road Train Member

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    Just gonna be trading the stock market. Yes. You can make plenty of money on a down market.
     
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  11. bzinger

    bzinger Road Train Member

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    By money drunk I mean a couple people I know that instead of taking care of and upgrading the trucks they had that were paid off that bought new pick ups and Harleys.
    Then when they're big trucks that they didn't take care of blew up they bought new kw 990s with all the chrome and toys....3500.00 a month payments before licensing and insurance.
    I wouldn't wanna be them now .
     
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