Too Many Trucks Not Enough Freight....

Discussion in 'Truckers News' started by Eddiec, May 29, 2024.

  1. Arctic_fox

    Arctic_fox Experienced mx13 execrator

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    So....because a well known college town, tourist destination and large rail hub river front attraction area local amusment park area and not to mention a place with multiple large papermills among other large scale industrys is busy and has real estate changeing hands a lot....thats a yardstick everywhere? Glad your area is doing well but just because YOUR area appears to be doing so. That does not mean thats universal. Far from it. A LOT of areas are suffering hard.

    And also the real estate market was booming before the bubble colapsed last time and the economy looked fine before the depression too. Looks can very much be a lie afterall i can make paper say whatever i want it to say.
     
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  3. gentleroger

    gentleroger Road Train Member

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    GB isn't a "college town", nor is it a rail hub. It does have a wide industry base that is diversifying. And no, my personal experience may not reflect the broader economic reality, but it's not nothing neither. Combined with the economic data, it points to decent short term forecasts. Long term, it's cruddy, but that's because of decades long policies that concentrate wealth. Compared to 2019, I'm doing better none of my tenants are late/behind on rent, and my neighbors seem to be doing pretty good themselves.
     
  4. broke down plumber

    broke down plumber Road Train Member

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    I'd say you're the exception . Rent is higer than a mortgage in many places especally because of corporate landlords .
     
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  5. 86scotty

    86scotty Road Train Member

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    Hey, I read the title and all but I'm thinking about getting my authority and becoming an owner operator. My brother-in-law says we can make tons of money. What should I buy? How long will they finance? Is 25% interest good?
     
  6. broke down plumber

    broke down plumber Road Train Member

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    Ford9000 84 months and yes
     
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  7. Arctic_fox

    Arctic_fox Experienced mx13 execrator

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    Correct me if im wrong but do you not have that giant union pacific hub there? Or am i thinking gerorgia pacific and mixing it up with the big railroad museum there and its oshkosh im thinking of? If so my mistake but the point stands.

    Also know the packers are out of there and i was under the impression that brought in a stupid amount of college foot traffic. Hell even i know of them and my intrest in football is somewhere between waking up in a box of dead rats and watching paint dry.

    I also know you have a proctor and gamble plant and across the river there is that rail yard going to that oil terminal. So yes you have a TON of industry there for the area and your only an hour north of oshkosh which IS a big industrial area so it would not suprise me if a lot of those houses moving are from people working there and surrounding areas.

    That whole area is a hotbed for a LOT more industry then you think.
     
  8. gentleroger

    gentleroger Road Train Member

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    Yes, there is plenty on industry, which is doing quite well. Not just in GB, but the entire state, which is why concerts are selling out, hotels are at capacity, and homes are selling - hence why I think the economy is doing just fine.

    Now if you want to talk about wealth imbalances/economic inequities and how that is creating structural fractures in the underlying economy? Yeah, that's a problem. Or a regulatory environment that rewards bad actors while simultaneously strangling startups? OK. Or venture capalitialists that are emphasizing short term profits over long term growth? Oh, boy is that going to screw us. Not to mention the consolidation of companies and horizontal holdings that choke off competition.

    These and many other things mean there's a storm just over the horizon. But right now, things are okay and everything is working as designed.
     
  9. broke down plumber

    broke down plumber Road Train Member

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    Speaking of oshkosh , now thats a dam truck . Pull up for an LTL in one of those . @86scotty i changed my mind ditch the F9000 get a 4axle oshkosh
     
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