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Slow Business

Oct 21, 2019 at 09:01 AM CST
+ 2 - 2

The dive in metal pricing we are all experience freight drying up especially around the midwest. Everyone is slowing down to cut losses with a $40/T down turn. Hope the projections are wrong with an upturn earlier that the new year.

Replied on Mon, Oct 21, 2019 at 11:20 AM CST
It’s taken trucking over 18 months to start feeling the trade war, so if it ended today it would likely be 18-24 months before it started going the other way, I wonder how many folks realize that? With return loads drying up, the outbound loads are going to have to double in price, or it won’t move, it’s a safe bet a lot of folks working in a shipping department won’t see a bonus this year.
Replied on Sun, Oct 27, 2019 at 12:05 PM CST
We seem to be caught up in a quagmire, before us truckers can get more money the shippers have to get more money from the consumers, and the only way the consumers can get more is through the trade war, and that will come at the expense of the Chinese accepting a lower standard of living, wich will likely destabilize their government and inspire a uprising similar to what is playing out in Hong Kong, so I wouldn’t hold my breath on this ending any time soon.