Freight Slump Right Now?

Discussion in 'Questions From New Drivers' started by insipidtoast, Apr 23, 2019.

  1. x1Heavy

    x1Heavy Road Train Member

    Mar 5, 2016
    White County, Arkansas
    No. We are way past that.

    1970's all over again. With one exception the cost of living.

    As a child we used to buy chocolate Hershey bars for a nickel to a certain year I think. Not sure exactly. At some point the bars were smaller in size. Then were stopped in sales for a time. I think the store failed to order more because the cost increase was a bit much. When we finally were able to buy the bars again they're 15 cents.

    Gasoline was .29 prior to that and now higher and so on. The time of the oil embargo, which I remember very well when we got the morning paper announcing the arab oil embargo that week, turned into odds and even days for people to get gas. If your license plate number was odd, you had odd days to buy gas legally. Otherwise the evens had their day to buy it. If you did not have either one on the wrong day you did not get gas period. Combined with a ration at some stations. 10 gallons max I think. Many cars carried up to 30 gallon tanks.

    I can go on, but looking at the resturant business there was a period of time no one went out to eat or drink because they had no money to do it. Work did not change, wages did not keep up. A form of inflation that got no where.

    The early 80's got things moving again when the Reagan era tax cuts kicked in. Ultimately it did not matter because the Gold Window was closed by Nixon in the early 70's and we were off the gold standard. Silver Certificate bills were also stopped. Eventually you cannot use silver certificate bills for legal tender at the bank anymore. Even though the bill is marked for all debts public and private.

    Takes more money to buy something. Eventually it takes too much money to buy it and they stopped producing it. It being whatever you want it to be. Then the inudstry went overseas where it can produce this it cheaper and ship it back to the USA to sell at a profit. Eventually the people cannot make a living because most everything in the trades went away. Not everyone is meant to go to college.

    If you want to understand how things got that bad, take a look at Venezuela. Its been a slaw moving train wreck economically. Where it's easier to hold a American dollar bill and buy something instead of a bale of venezuelan currency. At some point we will need a bale of american dollars here at home.
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  3. spindrift

    spindrift Road Train Member

    Dec 2, 2014
    IRS tax refunds should be down. We received more money in our paychecks, at least I did.
    Thickeyd, bzinger, SuperRookie and 4 others Thank this.
  4. Paddlewagon

    Paddlewagon Light Load Member

    Sep 17, 2017
    Llano Estacado
    No slowdown for us......guess it depends on the freight you haul:dontknow::dontknow:
    Lacyanne and bzinger Thank this.
  5. Ridlingdj

    Ridlingdj Medium Load Member

    Dec 12, 2018

    I hope that is sarcasm because farmers don't stop I know that on my farm we are planting more than we did last year and every one I know wants more ground to grow
    bzinger, homeskillet and stuckinthemud Thank this.
  6. Midwest Trucker

    Midwest Trucker Road Train Member

    Aug 31, 2018
    What kind of crop? Most farmers I know including close family still have corn and soybeans sitting in bins because the prices are lower then what it takes to grow it. Doesn’t give much incentive to want to grow more.
    x1Heavy Thanks this.
  7. Ridlingdj

    Ridlingdj Medium Load Member

    Dec 12, 2018
    Corn soybeans cotton milo potatoes and peanuts and they are probably still in the bins because normally the price goes up during the summer months
  8. tommymonza

    tommymonza Road Train Member

    Sep 10, 2013
    S.W. Florida
    Normally I stay out of the Krap storm.

    But this is copy- paste Krap. Correct?
    77fib77 and homeskillet Thank this.
  9. Mike2633

    Mike2633 Road Train Member

    Jun 14, 2013
    At Home on The West Side
    I read in JOC freight is slowing some, but you wouldn't know it at my house. I've been on vacation for 2 weeks doing things around the house and getting projects done, I feel like a one man economy. I bought a new lawn mower on Monday, had some major work done to the house the past 2 days by a contractor. I'm doing my part to spend money and keep freight moving. Bought 10 bags of dirt at Home Depot on Tuesday. Bought 2 cubes of Peat Moss and some brown bags at Home Depot today.

    Bought a new battery for my Multi Sprayer.
    Bought an AC/DC converter charger.
    Bought an almost $700.00 lawn mower.
    Bought 10 bags of Vigoro Lawn Soil
    Bought (3) bags of Vigoro Grass Seed
    Bought (2) cubes of Peat Moss
    Bought a new 2 gallon tank for my multi sprayer
    Bought (1) gallon of Hydramaster Quake
    Bought a new lock set for my door.
    Bought a gallon of Viper Venom
    Bought a new grout cleaning brush

    I'm doing my part to keep the economy moving don't blame me.
  10. Omega1

    Omega1 Heavy Load Member

    Nov 18, 2017
    Yep, there is.
    Lacyanne and Mike2633 Thank this.
  11. LoneRanger

    LoneRanger Road Train Member

    Jun 3, 2018
    Lacyanne, Mike2633 and Omega1 Thank this.
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