crockett

I told you guys before when I was still driving that the economy is gonna die because of Trump's tarrifs..

Its happening.. the spot market for freight is now 36% lower than it was in 2018. That's the difference in the average load paying $2.11 per mile or $1.36/mile..

Ask yourself, how many businesses can survive a straight up 36% in their income while still preforming the same work with the same bills..

The carrier I was leased under was one of the 10 biggest in the country. They have completely stopped hiring drivers in FL, GA, CA, OR and WA because those are all areas hard to get loads out of.

We are talking a company that in 2018 was bringing in 100-150 drivers in a week to train with probably 50 of those being in a truck at the end of 3-4 months. (Very high churn)

They were hiring like that week after week in 2017-2018 and now they've dropped those numbers to maybe 30 new drivers a week being brought in for training.

..



Anyway, read this if you want some incite on where the economy is going because the freight market is always the carnie in the coal mine..

https://www.freightwaves.com/news/co...get-bloody/amp

Starting earlier this month, it appeared that the spring surge might deliver quality results in the second quarter. Volumes had been moving up since early April, showing a muted, but promising trend for the quarter. That all changed on May 9. On that day, the U.S. accelerated tariffs on Chinese imports, forcing importers to reconsider their supply chains. Port volumes have been driving the freight market for the past year, but that appears to be over.


https://www.freightwaves.com/news/co...get-bloody/amp

pimpmaster9000

this is because of all of the MAGA

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Bladewire

Trump supporters operate out of emotion.

Trump is the Pied Piper and they're following him dancing to his song.

Logic, facts $m& data have no place in the mind of a Trump supporter.

Every time the economy shows where it's headed they say it's a normal market adjustment or "were due for a recession anyway.

They'll never equate the stock market stopping growth 17 months ago and Trump starting Trump tariff war 17 months ago. Trump is their God incarnate, flawless and perfect in every way.

As things go wrong they'll keep blaming the Democrats and trouble have no responsibilities he'll be the victim in their eyes, despite bring perfect & all knowing. Cult of personality.

crockett

Trump supporters are fucking idiots. There is a whole bunch of them I know who drive trucks that are now barely making their payments. I told a bunch of dudes to start setting up their exits or do everything possible to lower their costs when Trump did the 1st round of tariffs.

Pretty much none of them did and that's when I got out because the obvious writing was on the wall. You can't have exports cut drastically with out affecting the freight market.

Now these dumb fucks are all bitching they aren't making any money and are stuck making their payments..

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Rochard

People need to understand our economy doesn't change quickly. It takes years for changes to take effect. It took a solid two years for Obama to fix our economy, and now we are riding on the wave.

Trump has done nothing good for the economy, and everything he has done has been bad. My sneakers just went up $15 - Nikes. I buy from the same store every time, have for years. $49. Now they are $64.

Trump has not done one good thing since taking office.

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Hawkeye

One small and relatively insignificant indicator.

Versus all the major indicators (growth, unemployment, consumer confidence, etc) that are SOARING under the Trump economy.

You losers are more desperate than ever.

Bladewire

↑↑↑ Perfect example of Trump bullshit.

Misinformed on the economy and ongoing negative indicators are "no big deal"

They psychologically minimalize the negative and overinflate everything else with no blame to their God, he holds no responsibility for anything negative he is only responsible for all things positive.

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crockett

There was a artificial "Trump bump" at the start because all these companies were counting on the tax cuts. The tax cuts happened but the companies were not expecting the trade war.. I mean I did see it at the start so I will give a bit of acknowledgement that there was a bit of a spike in freight in 2017 into 18 but it wasn't because of Trump's actions but rather because of market anticipation expecting that Trump would deliver on his promises which he never did.

I mean FFS the 1st round of tariffs with the beef & poultry companies like Tyson, Cargill ect lost 35% of their market share over night.. I saw that shit instantly because I used to haul a lot of beef loads because they pay fucking good. Tyson was average I never liked them but Cargill and some of the beef producers paid good fucking money to move that shit because any hiccup in the production chain from the livestock coming in to the processed meat going out would shutdown a entire facility because they have no storage..

The animals come right off the trailers into the kill house are processed and loaded on trailers. That trailer is off their property with-in 24hrs of the animal showing up. When the tariffs 1st hit there was massive back up because all these animals are out there that have been raised and now they have to figure out what to do with 30% of their product that has no where to go..

They started moving everything to cold storage facilities and then massively cut back production literally overnight. Meaning not only did that 30% cut affect companies like Tyson, Cargill but it affected the farmers raising the livestock, the farmers raising the feed, the trucking hauling the livestock, feed and end product.. The brokers who set up the buyers ect.. the ports it's a huge amount of jobs affected by just that single set of tariffs and that was just one industry there were hundreds if not thousands..

Then after we made it through those tariffs and shit was starting to get back to normal, Trump goes and does it again starts it all right back up again...

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TampaToker

So what did you do today to better your life?

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crockett

What have you ever done to stay on topic?

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onwebcam

Looks like you're going to need to move back in with the parents and go back to selling used underwear on Amazon

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crockett

I'm quite fine thank you.. I got out before the market crashed.. I can sit by playing on ebay while the crash happens and I'm ready to buy once it does.. Only fools jump in or stay in at the peak..

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onwebcam

It's going to crash for sure but not because of Trumps doings.. All of the companies in the hole surviving off investors money are whats bringing the house of cards down. Tesla will be the trigger.. Musk's ponzi scheme is coming to an end soon. Tesla's will be the Delorean's of the future.

Uber just went to market losing 2 billion a year.. The end is NEAR

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crockett

You just have to pick your evil liberal bogeyman to blame it all on...


Yea some guy building cars and rockets is gonna crash the economy, not the moron who is putting tariffs on everything, and causing major American companies to lose 30%+ of their market share over night.. Not to mention that tariffs were not even enough Trump had to move on to outright banning entire product lines..

Jesus you are stupid.. Don't you have some used dishwashers to sell on craigs list to keep you busy?

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onwebcam

Watch and see... Tesla...

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TampaToker

What topic? You post the same played out bullshit everyday Trump this Trump that republicans this republicans that. So if you have all this fucking time on your hands to post the shit you do wtf are you doing during the day to better your life and your family members?

You can bitch moan and groan all you want this is no white knight in government gonna save you. Get off your lazy fucking ass and do something with your life. For a person who try's to act so fringing smart your really fringing dumb. Me and others out across the country are killing it.

If we can do it wtf cant you? Are you stupid? Lazy? unmotivated? Not trying to be a dick man but fuck every time i come on here you just spouting pure bullshit. Seriously take a step back for a minute and ask yourself wtd YOU are doing wrong. Then ask yourself what YOU can do to better your life without the help of some sellout government official.


Good luck man wish you well.....

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onwebcam

Actually I do. It's $3000. Cost $24000+ new. Want to buy it? I'll give you a GFY discount.

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OneHungLo

Would you like Trump to do NOTHING about China fucking us? Be honest - If he didn't do anything you'd be crying about him being weak, right?

We're not going to get another president for a long time that isn't controlled by corporate interest groups. So let's have a go at China now.

You do realize he didn't have to do this? We could easily be at dow 30k right now with an economy that's steamrolling ahead. This is for the long term growth of the country. Yes industries will suffer. It's going to happen. We need to take our medicine and let this play out and stop whining about it.

crockett

You right wingers hate for Elon Musk just shows you guys have no real principles and everything you love or hate depends on if they are on red team or blue team..

Elon Musk helped create at least 3 massive industries in this country. He is responsible for thousands of jobs being created in multiple industries, from Paypal, to Telsa, to Space X, to the battery company,solar panels, the boring company, he's now sending satellites into space to get internet access across the entire world ect..ect...


He is literally the fucking poster boy of bootstraps and American innovation, but you guys can't stand him because he proves you are fucking idiots.. So because he doesn't praise your dear leader, your cult leader you have to hate him..

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crockett

TPP was going to force China into straightening up.. Trump trashed it because "Obama"...

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OneHungLo

TPP was a joke and was going to force china to do shit. Even your dear leader hillary was against it.

crockett

Inventory means nothing if it doesn't sell...

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Bladewire

You've confirmed again that you're a complete idiot. No offense

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Bladewire

Russians hate Elon Musk, they see him as a traitor that could have brought all of his brilliance to Russia but instead sold out and took it to America. Russian troll farm fake necks always talk shit about Elin Musk & Tesla.

Elon Musk has attacked Putin many times via Twitter and the whisper campaigns against him & Tesla have increase since that happened a few years back.

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OneHungLo

You libs turned on him when he attacked the democratic infotainment division aka fake news media aka CNN, MSNBC, CBS, ABC, NBC etc. Musk is for MAGA. Dude loves Trump.