Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. JoeTruck

    JoeTruck Heavy Load Member

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    It will be a world wide crypto currency backed by gold.
    The Federal Reserve and the WEF have written extensively about their plans.
     
    ProfessionalNoticer Thanks this.
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  3. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Completely illogical.
     
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  4. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Man I was so confident once they changed the names on syrup bottles and pancake mixes everything was going to be so wonderful.
     
    Jed2009, pete781693, Oxbow and 9 others Thank this.
  5. D.Tibbitt

    D.Tibbitt Road Train Member

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    So after all that is said. The simple question to ask is, are people going to stop buying #### ? If the answer is no, then there will be an opportunity to make money transporting the #### that people are buying..
     
    Jed2009, Rideandrepair, Oxbow and 6 others Thank this.
  6. Brettj3876

    Brettj3876 Road Train Member

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    I believe we use pronouns now. Geeze get with the times now would ya. He/she, him/her, they/them. Or my favorite one, IT. when it's got a beard but you're not sure if it should have a beard. I'm not a biologist so I can't describe a noun
     
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  7. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    The OM went to sleep. I was going to see if she'd do another Haiku.
     
  8. goga

    goga Heavy Load Member

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    Gross, maybe, net, you wish.

    It took me 3 weeks no stop driving this month to net the same as relaxed 2 weeks before fuel was ok and rates were normal 4 months ago.

    PS: monthly gross maybe may be "increased", because of driving 24/7 non stop and going from 1.20 to 1.50 with .30 fuel surcharge pay increase, yet normal, no push, rush, good sleep and chill driving DAILY gross is down big time. Otherwise there is no way that close to 10 thousands MCs would be closed for the past 4 month.
     
  9. goga

    goga Heavy Load Member

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    Before the opportunity to transport the ####, people have to by #### that hauls the ####. And that gets #####y expensive as ####.
     
    Rideandrepair and Midwest Trucker Thank this.
  10. Dino soar

    Dino soar Road Train Member

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    The real problem is the spiral of recession.

    People don't want to spend money on fuel so they don't travel. People don't go to the shore people don't go to the mountains people don't go to the theme parks people don't go wherever. So whatever resources those businesses need they're going to be buying certainly less of them and less of them and there's less to deliver.

    People are worried about the economy, their job, inflation, price of fuel... So people stop buying new cars. Less cars to ship less people to sell them, they have less income to spend so they hold on to it rather than spending.

    Okay well let's buy a new house. No not during a recession. New homes slow down there's less building there's less materials to deliver. Okay I will take on a big project for the house we have. No I think we're just going to tighten our belts because fuel is so expensive and the economy is so terrible I think we better just sit back and not spend any money unless we absolutely have to.

    Less things now that are going to be delivered less people are buying. Less products to move therefore downward rates.

    Even to the point where there are some people that will say hey how about if we go out and have lunch? Now you know what, instead of spending the money I think I'll just make lunch at home today. So less food gets moved because the restaurants aren't as busy people aren't going out as much the people working in the restaurant aren't making as much money so they have less money to spend and the Spiral goes on and on.

    But I am recession-proof because I deliver food! Everybody's gotta eat!

    Sure but when people go into supermarkets they're going to buy the Staples of what they need and much like everything else tighten up their belt and say you know what I'm just going to buy a little bit of hamburger instead of buying the filet mignon. I think we can do without the bacon in the morning. I think I'm going to generally buy Less meat and try to eat more pasta and things like that because somewhere we have to tighten up.

    Obviously this goes on and on all through society and it reinforces itself in a very negative way.

    So when there is less demand for everything there's less of everything to deliver and when there's less of everything to deliver the rates go down and there's less money for you to make if any.

    So obviously a recession combined with a 40-year inflation High and the highest fuel prices we ever had is not going to be the yellow brick road that some people apparently think that it is.
     
  11. Kenworth6969

    Kenworth6969 Road Train Member

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    You reefer drivers aren't safe because "everybody has to eat" , if Van & flatbed die in a junk economy drivers will flood into reefer and drive those rates down too.
     
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