Freight demand decline continues...

Discussion in 'Ask An Owner Operator' started by Dino soar, Apr 2, 2022.

  1. m16ty

    m16ty Road Train Member

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    We are still running wide open for good money, but this current trajectory cannot sustain. Whatever slowdown some are experiencing, this isn’t the fall. When it does happen it’s going to be very bad. I have no idea when it will happen (common trends tells me it should have already), and the longer it takes to happen the worse it will be.
    Supply chain shortages, employee shortages, record high energy cost, record high inflation is the recipe for the perfect storm.
    Best thing you can do is to make hay when the sun shines, because a storm is coming.
     
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  3. Midwest Trucker

    Midwest Trucker Road Train Member

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    Whats your point? My point is tax returns are coming and people for the most part spend everything they get as soon as they get it.
     
    Last edited: Apr 3, 2022
  4. Accidental Trucker

    Accidental Trucker Road Train Member

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    They sure do, but this year the Child Credit was already doled out throughout the year, rather than getting it at the end of the year. That's going to put a crimp in things....
     
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  5. Chinatown

    Chinatown Road Train Member

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  6. bryan21384

    bryan21384 Road Train Member

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    That ain't really a lot of money.....on average that's about 2 weeks pay for us drivers. For the normal folks, that's about one month's pay or so. Tax refunds are somewhat of a joke. They tall like it stimulates an economy, and it does, for the short term. The question would be how to keep reasonable spending steady, as opposed to the shortsighted stuff.
     
  7. bryan21384

    bryan21384 Road Train Member

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    Perhaps you're running in an area where there's higher demand, places most drivers don't want to go. You know a lot of drivers are fighting for loads between Atlanta and Dallas lol
     
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  8. p608

    p608 Road Train Member

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    I don’t know why, 2 of the cheapest places in the country to load from, been that way for years
     
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  9. peabody747

    peabody747 Light Load Member

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    the market needs to correct itself, but all these companies raising minimum wage is gonna make product go up as well. Were all pretty much screwed. I say get rid of money altogether and just everything be free
     
  10. Midwest Trucker

    Midwest Trucker Road Train Member

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    That’s what I liked about the Trump economy. It seemed like it was built much more off people genuinely doing better vs stimulus and free money programs. That can’t keep up forever and at some point you have to crash to get back to reality. Hopefully it’s more of a soft landing then a crash but I don’t trust this administration to have a good enough feel on the controls to achieve it. I’m afraid they’ll just keep throwing gas on. This is one time I’ll be very happy to be wrong. I don’t want Biden to do a poor job, as that’s bad for all of us.
     
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  11. bryan21384

    bryan21384 Road Train Member

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    Well..I don't know that it's necessarily a particular regime's way. The tax refund ordeal has been in place for as long as I can remember. I've yet to see any regime that has policies that promotes sustainability for everyone. Majority of the time, it's policies that protect the higher earners more than anything, the ones that need the least help lol. The lower earners don't really make enough to not look forward to those stimulus checks and tax refunds.
     
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