Is freight really the slowest in 20 years??

Another odd benefit on an individual level at least might be that new drivers coming into the industry might find themselves in a new or close to new tractor sooner rather than later.

 

It’s the slowest it’s been in about 7 yrs. Still a lot of room for improvement or even get worse. Nobody knows. All forecasts called for a steady increase for 20 yrs. Back in 2011? Roughly? When the 6 yr falling tonnage rate finally reversed itself. This is a minor glitch. There’s going to be a recession, no matter the Politics, it’s a natural occurrence in a Capitalist economy, Actually a healthy one at that. Though painfull at the time. Ensures a healthy economy overall in the long run. Hopefully it will be a soft landing, and a short recession.Nobody knows. Economists, like Weathermen are never right, 100 %. There’s always a bright side to a downturn.Depends on how it’s viewed, and explained, Example: “Great news!! The dollar is strong, making oil prices lower and the price of imported goods lower, VS. Great news the dollar has fallen so much recently, spurring foriegn investment in our Country, benefitting all Americans.”

 

This is really the point. Peaks and valleys are inevitable so it behooves people to pay attention and act accordingly regardless of their politics or views on macro economics. One other possible "silver lining" for those in the trucking industry is that freight is typically considered a leading indicator, so while we may be among the first to see the effects, we should also see the upturn earlier.

 

Tariffs have reduced trade and sent the economy into recession. I know who to blame.

 

First to go down, first to come up.

 

US is not a third world dictatorship country where one man can rule it all.
The big business decided to part ways with China and I bet no matter who wins the next election, things gonna go the same direction.
China is becoming a superpower, just like US, so our government will try to calm it down.
At least this is how I see it

 

I agree, in order to stay on top, we need to have $$$$. Handing it over to other Countries, for oil or trinkets, can’t be a good long term plan Since the end of WW2, we’ve been #1 economically. When you’re # 1 at anything, you’re always a Target.

 

Huge permanent corporate tax cuts really saved our butts. For a whole year. We are winning like Charlie Sheen!

Not only that. I got a duffle bag last year for Christmas bonus. Totally worth it!!

 

The only year that's exceeded this year, was last year.

This year is still WAY up, compared to the last 10.

I have an add in jobs section.

 

Now you hush. You are smart enough to know you can't bring facts into a an emotional arguement.