As most who have followed the historic history of the trucking industry, you realize that trucking rebounds ahead of the economic data. It’s the first to recover. It’s about to shift again for various reasons I won’t discuss here, but if you’re smart, I’m sure you know. Get in line. Get ready. Our industry will soon be where it was 3-4 years ago. In demand! Enjoy
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Discussion in 'Ask An Owner Operator' started by Lennythedriver, Nov 8, 2024.
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shatteredsquare, Flat Earth Trucker, NewportHítman27 and 6 others Thank this.
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I don’t think I can respond to this without getting political, but good luck with that though I guess
Opendeckin and Numb Thank this. -
Here is what I would like to see, an easing of regulations with some new ones to prevent drivers from being screwed over like means testing of a new authority and a bond system for paying the drivers. Have a transparency regulation for brokers, there has to be a full disclosure of who was the first broker to get a load and what was the customer paid - all down to the truck. Having better CDL standards and training companies tightened up to the point that there is one uniform system of teaching skills, including mechanical and the regulations, not just gloss over them - this is a dipstick, that is FMCSA rule on a light bulb and have the state TEST them on it.wis bang, TheLoadOut, TruckDriver87 and 3 others Thank this. -
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I'm assuming the OP is referring to the whole tariff thing. Trying not to get political but more look at the scenario like a weather forecast.
So, goods produced overseas will become more expensive. Ok so the manufacturing will either shift to domestic or the stuff will be made even cheaper aka lower quality. If domestic production truck freight volume won't change. Less stuff moving through ocean ports so the routes most likely will change. If cheaper aka lower quality goods truck and ocean freight will change as stuff will wear out faster.
Another scenario, more automation. That was already in process. Grocery store checkout is just the beginning. Will automation in manufacturing increase freight? I suppose as the machines need to get to the factory that isn't built yet.
Will products be made better so they last longer? That would actually be best for the consumer but unlikely to happen. That is about the only scenario that would lead to less truck freight. -
Too many trucks. If rates go up to even semi ok - the market will get flooded again with even more of the white Volvo companies. Hope that I am wrong !!
OLDSKOOLERnWV, Opendeckin, TheLoadOut and 5 others Thank this. -
It’ll be infrastructure week again!
We already had 200 some odd….. -
Unless a independent Owner Operator and mod size Carriers have a good connection with a direct customer basisor freight forwarders. I don't see much change because even with higher interests weekly some independent operating their own Authority is purchasing a truck so the load boards that are still flooded with a good majority of lower level freight rates. Nearing 2026 if 15% leave the industry, interest rates are further decreased things should start to stabilize.
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Anyone thinking it’s going to get better anytime soon is delusional.
Tariffs? Yah, last time it gave us a short lived nice bump in rates. What happened was retailers got spooked and decided to fill their warehouses..once full back to crap. And let’s not forget what it did to farmers.Rideandrepair, gentleroger, 86scotty and 2 others Thank this. -
The National Guard will be driving AM Generals pulling Werner trailers before things get better for the trucker. Like us old farts, we don't have a leader. I nominate Chinatown!!
broke down plumber and Sons Hero Thank this.
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