Why are truck/trailer prices so high?

Discussion in 'Experienced Truckers' Advice' started by Regional, Dec 8, 2021.

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  1. Regional

    Regional Light Load Member

    Apr 4, 2020
    Why are truck/trailer prices so high? When will the prices come back down?
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  3. Catmando

    Catmando Heavy Load Member

    Mar 15, 2021
    High freight rates creates high demand which creates high prices
    Can't answer your 2nd question when prices will come down
    JMO..but it might be stabilizing now.. but that is JMO.. I'am sure some will say different
  4. CargoWahgo

    CargoWahgo Road Train Member

    Jan 10, 2012
    Louisville, Kentucky
    The same meal at taco bell cost me $1.68 now it costs me $5.

    Everything is bloated beyond belief. The bubble needs to pop back to reality. Interest rates need to rise so people will work instead of just borrowing money and expecting others to pay off their debt. There's no reason to work when you can get paid to borrow money.
    Only then will your trailer rates come back down. But don't hold your breath. America has been in a debt invest meta for a very long time.
  5. Dockbumper

    Dockbumper Road Train Member

    Apr 29, 2020
    Supply and Demand, coupled with inflation and a effed up supply chain caused by the covid scamdemic. The current administration isn't helping matters either. High prices are here to stay.
    The_Great_Corn and tscottme Thank this.
  6. jason6541

    jason6541 Road Train Member

    Mar 5, 2012
    Omaha, NE
    when this bubble pops it is going to be very bad
    Happily Retired Thanks this.
  7. Lazer

    Lazer Heavy Load Member

    Jan 22, 2017
    In short, because that’s what people are paying.
    And, that is driven by supply &demand.
  8. snowwy

    snowwy Road Train Member

    Jul 6, 2009
    Lack of inventory for pretty much everything.

    It all started last year.
    tscottme Thanks this.
  9. Happily Retired

    Happily Retired Road Train Member

    Apr 16, 2014
    high plains colorado
    I'm not so sure it's inventory I think that's what they'd like us to believe, but you mean to tell me there's a shortage of semi tractors and trailers? Pfft, I doubt it. I read, there are 2 primary causes for inflation, 1) printing more paper money that can't be backed up, and 2)supply/demand. Due to recent events, we are headed, or already at "hyperinflation", where certain economic events trigger rapid inflation, and only makes things worse. It's a pretty grim scenario, and no solution in site, except to raise the price, some more, and around and around it goes. High equipment prices are always the tip of the iceberg, with much bigger problems underneath. We haven't seen the half of it,,,:biggrin_2556:
    The_Great_Corn Thanks this.
  10. Dockbumper

    Dockbumper Road Train Member

    Apr 29, 2020
    A shortage of pieces and parts to build them. Parts are sourced from around the globe. Shut down the entire globe for a year and a half......what the eff do people think will happen! There are hundreds of thousands of cars, trucks, appliances etc. WAITING ON COMPUTER CHIPS! They can't finish and ship the finished product!
    tscottme Thanks this.
  11. Lunatic Fringe

    Lunatic Fringe Medium Load Member

    Oct 1, 2016
    Unfortunately, it sounds like the Mad King is set to continue his policies until he's removed from office in 2024. The good news is that current events are showing what a bad idea it is to depend on third-world slave labor for critical parts in your supply chain. That means more jobs and higher wages in the US as more manufacturing comes back. Some people are slow learners though.
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