Slowing freight?

I think the market will stay down through the next Presidential election. It will only rise earlier if an over abundance of carriers go out of business. I think the carrier capacity will be very nice and thinned out just in time for Mr. President to get re-elected and it’ll be another boom time for the next year and a half after that.

If the HOS gets relaxed end of this month it’ll make rates tank further which will speed up the herd thinning. So, and alternative view to my first one would be many many go broke between Aug and Dec and then the new ELD rules gives us a nice bump for the first half to 3/4 of the year while we wait on the election.

I’d bet thousands of dollars it’ll be one of the two. Just gotta take it as it comes and adapt accordingly.

 

Fake News !!!

 

You never know.

We might wake up one day and find that the trade deal with China is finished and there are no more tariffs.

Who knows if that's going to happen anytime soon but if it does I would certainly think that it would give Trucking a boost.

 

Quit pulling freight that robots can do and all these problems mysteriously go away.

Actually, don't do that, a lot of you have been driving longer and safer than I have for less money, I prefer to keep my job security.

Carry on.

 

You hit it on the head, too much capacity and it will thin out by the time the election comes around.

However hos won't take down the capacity, it will rates as you mentioned ... I'm thinking that there will be a slight surge in capacity and lowering rates where the marginal will survive but those on the edge will go over it. Those white volvos out of Chicago will still operate.

 

Time to request home time on the East coast again. That's how I beat that last shortage

 

Low paying rates mean massive layoffs looming right around the corner. Company drivers will start to feel the pain soon. Mega Carriers overextended themselves and only a few can operate at a loss for so long.

 

More loads-less loads, rate up-rate down either way OH fuel tax just jumped almost $.20. Its coming everywhere. 100 gallons a day means $100 a week less at same revenue.

 

Shoot, are we doomed again? Weren't we just doomed a couple weeks ago?