Freight

My powers of prediction are better in hindsight.

 

These are all symptoms, not causes.
A crumbling infrastructure, overspending on the military, over regulation, too many taxes (local, county, state, federal), a business culture that's all about short term gains, and a complete and total lack of leadership, are, in my opinion, some of the main causes of the economic sclerosis, we are living through.....

 

And nafta came home to roost.

 

I'm thinking all the trucks that became idle when the oil boom went bust may have had an impact on freight rates. These newly idle trucks drove rates down. Basically, when the oil boom went bust there was decrease in the demand for trucks.

 

Also less loads. All those oil moves went too.

 

More ex-oil field trucks chasing the same amount of regular flat, van, and reefer freight out here. The freight hasn't really declined or surged just a big glut of too many trucks out here. The economy has never really been all that stellar for at least 10 years now. The pain must continue to go on and put more trucking companies out of business. That's just how it is. And maybe even that won't do any good if there is not any real economic growth.

 

As far as new cars goes the prices on them is crazy. I was looking the other day at a dodge 2500 cummins they were asking 53k I think it's ridiculous and getting out of hand.

 

I've seen new Fords and Chevy's with sticker prices of $60,000 plus. Insane!

 

It is unbelievable!! I just hope my 2004 pickup truck that I bought new lasts as long as I do. It only has 82k miles on it,

 

............maybe we should have listened........