More Bad News.....

Then in the smoldering aftermath, there will only be those left alive, and those banished to mega's.

 

And those very slightly used trucks coming in look exactly like what I expected.

Run hard and put away wet. Not even washed once since they were built.

I'd be extremely wary about the "deal" on a lightly used truck for awhile. One that never even had the oil changed in it's life.

 

And the sound of crickets chirping

 

Van loads to van capacity is way down. Along with that, van rates are generally down in all regions. Reefer haulers are pulling less van loads due to the drop in rates. Therefore Reefer haulers hitting mostly reefer loads when they can. This is causing reefer rates to drop as well.
Reference- Dat, OOIDA, and my observations.

 

Me.. Iam holding out for the guy that bought the overpriced pre emission hood then bought a trailer and had it painted to match and then spent 1500 at the chrome shop everytime he got a settlement check.. then dropped 40k at the CAT house on a OH.. then went to the tire shop and bought 10 new Bridgestones because somebody told him it would improve the ride.. and now he has to buy a new transmission.. and realizes 2.50 pee mile isn't covering his operating costs and he doesn't ever know what a saving account is
That's the ones Iam waiting on

 

Correct. You can actually make more money in a bad market than you can a good one, if you play your cards right.
In order to do this you have to set yourself up for it in good times, and you may not reap the rewards until the market recovers, but when it does you can cash in. Takes a lot of discipline, but you can do it if you set yourself up for it.

 

it’s going to be a very quick trip to the bottom for a lot.

i don’t like new trucks but I would definitely like to upgrade my flat bed, no huge rush on that though for as little as I use my current one,

 

Unilever grocery prices are up, sales volumes are down.

Price Rises Top 8% at Consumer Giant Unilever, Hitting Demand

 

Complete opposite in Australia, massive driver shorter, can't buy a trailer anywhere, 1998 trailer in below average condition went for $68k at the auctions the other day.

Rates are on the rise and there is freight everywhere.