Carrier failures more than triple in the first half of 2019

Tarriffs have managed to increase the cost of toy choo choo trains (It's a formal and very highly technology hobby... using light hearted satire here to help ease the pain) about 15% in a few weeks. American orders no longer ask China Factory to make choo choo models. But now send the data and pricing etc to Vietnam, Thailand, Taiwan, Japan etc to make good Choo Choos without the tarriff or trouble.

China would be unemployed when this is over. The specter of 2 billion people on china's version of unemployment excessive and past due Credit Card binging (They abandoned the path taught by 3000 years of careful money saving in life...) and pending riots from cities unable to afford rising cost of living. I think Hong Kong is first up. They will be beaten into compliance rather than shot up like tiniaman Square many years ago. All traces of which is removed.

IF china chooses to decide ok, they wish to essentally go to war with the United States to preserve their economic way of life and eliminate the Tarriff when we are eliminated as a credible fighting force... It may be a gamble for them worth taking.

In the mean time Im hearing some birdies related to money myself. I have taken a position I wont spend a #### Cent without a careful and powerful examination why I want to spend that penny today.

Try to be the one when you enter your bank, they SMILE at you.

IF you are the one who has to enter a bank and SMILE at them in the hopes of scraping some money together... you have not been doing it right.

 

Available equipment capacity has far out weighed tonnage for a few years now. Even economists not associated with trucking wrote about it. It was only a matter of time.

 

Love this.

 

Well if so many have bit or are biting the dust, why isn't the truck to load ratio going up?

Or do I still have my price filter set too high?

 

It’s safe to say a truck driver doesn’t turn into a doctor overnight. He most likely stays a driver just a different company. which would mean capacity is still the same. Megas are just filling empty seats.

 

Great response, you laid it out there so anyone should understand it.

 

Is it the Tariffs? If Americans pay the tariffs like so many say, why is China so upset about the tariffs, they are not paying them and all the cheap #### my wife buys at Walmart still costs virtually the same.

 

My toothbrush used to cost $3.92.
I paid $5.76 for the last one.

I buy the battery operated. They clean better.

 

Because Chinese have to pay for most of this tariffs by devaluing their currency creating more pressure on their manufacturing and supply chains. I hear that Chinese trying to build plants and factories in their undeveloped neighbor states and employ Chinese there.

 

When I had a business dealings in China I was starting to see China themselves outsourcing production to cut down costs.

This was 5 years ago. So Vietnam and a few other countries are starting to see more and more factories pop up there.