Back order on Parts?

Discussion in 'Ask An Owner Operator' started by bamanation, Jul 10, 2021.

  1. Upstatetrucker

    Upstatetrucker Bobtail Member

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    Insurance wasn't a problem as I was with OOIDA. The down payment was only a couple K. I will probably just sell the KW and stay company as I don't want the next problem being down for another month or 2 for some sensor or something like that.
     
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  3. SteveScott

    SteveScott Road Train Member

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    How long before large carriers start laying off people because they can't keep trucks running with the back order of parts? My brother in law has been off for 2 weeks with Heartland Express waiting for his truck to be fixed, and they have no other trucks for him to use. This could get really ugly.
     
  4. DUNE-T

    DUNE-T Road Train Member

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    Don't shut it down, drop coverage to the bare minimum just to keep the mc open, it will cost you like $100 per month
     
  5. Upstatetrucker

    Upstatetrucker Bobtail Member

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    I will might just do that then, thanks.
     
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  6. Crassius

    Crassius Light Load Member

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    Consumer Price Index Released Today

    "Prices for consumer goods and services, excluding food and energy, shot up 0.9 percent in June, the Bureau of Labor Statistics (BLS) reported on Tuesday. This increase in the Core Consumer Price Index (CPI) far outpaced what economists expected. This ominous inflation warning sign suggests that President Joe Biden’s profligate government spending may usher in a new 1970s-style stagflation."

    An Ominous Portent for America Under Biden Gets Even Worse
     
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  7. skallagrime

    skallagrime Road Train Member

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    Well thats nice, rent costs this year alone are up 7% nationwide, so at close to 30% of most incomes under 250k, thats 2.5% of the gdp growth wiped out
     
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  8. slow.rider

    slow.rider Road Train Member

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    Maybe, but lumber and lumber futures have been falling like a rock lately and the lower prices are starting to work their way to end users, which means construction of new units will likely start to meet the red hot housing demand soon.
     
  9. snowwy

    snowwy Road Train Member

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    I'm already seeing housing drop.

    More rooms and baths for less money then what my house appraised at last month.

    I don't know what their square footage is though.
     
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  10. roundhouse

    roundhouse Road Train Member

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    And remember the CPI excludes energy and food .
    The two least important items in your life…
     
    Last edited by a moderator: Jul 15, 2021
    Reason for edit: Political comment removed
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