An Economic and Trucking Slowdown is Happening Now

Tennesseahawk

Veteran Expediter
RE: An Economic and Trucking Slowdown is Happening

Where to start?! First off, I think this is telling folks there's a rollercoaster ride coming up while the ride already started. No fault of the author, as he may not have known this. If, as the article says, this downturn started last year, most of us will be here when it ends. I can take more below-avg weeks than above-avg, as I believe most on here can. Or, as talk has been going on, most have already have been doing just that.

Secondly, what happens when deer are overpopulated, and food gets scarse? The week die off, making the population hardier. Not wanting to see anyone 'die off', but as Team Caffee alludes to, the first to go will be the drivers who don't know how to profit; ie, be less fussy with runs. I might add that owners who don't take care of their trucks, don't keep money set aside, don't pay drivers, etc, will also be gone with the wind. In the end, we will be a stronger entity. Addition by subtraction.

Broom... Old Dominion, JB, Schneider, any of the big boys can claim they do expedite. But until McDonald's claims to have the best jambalaya, and actually does, I doubt it. Some things are best left to the ppl who know what they're doing. And don't think they're cutting their prices below ours. As you've found out in big rigs, their rates are more than ours, and that's not door to door business at break neck speed.

Speaking of speed... Hey Cheri, medium speed? Would that be considered SLIGHT SPEED? As opposed to LIGHT speed, LUDICROUS speed, or the infamous LINT speed? ;)

-True independence can only be gained if you're trully independant.
 

highway star

Veteran Expediter
Owner/Operator
RE: An Economic and Trucking Slowdown is Happening

Alan Greenspan was quoted on one of the Sunday talk shows that there was a 50/50 chance '08 would be a recession year. Even the Great Greenspan has no clue!

So, should we be doing anything different? Those that are on sound financial ground would be prepared for bad times already. Those that aren't are probably doing what they have to to get by. So, all we're doing here is discussing something none of us really has a clue about. Unless someone here knows more about economics than Greenspan...

How about those Lions! They won again...
 

arkjarhead

Veteran Expediter
RE: An Economic and Trucking Slowdown is Happening

Alot of people on this site like to bash JB Hunt. He was a personal friend of my grandfather's when he started his business. From all accounts he was very smart man. He made his money in the beginning with a by product from rice(the hulls) which is plentiful in Stuttgart,AR. The rice mills were paying to have these hauled off. JB Hunt had a plan. He got paid to haul off the hulls. He hauled them to chicken houses where they were used for litter in the floors of the chicken houses. Then he was paid to haul them away from the chicken house. Then he sold them to farmers as fertilizer. So needless to say a man that could do that, plus turn a one truck company into thousands of trucks is no dumbie. So to say he couldn't have gotten his hand in expediting is crazy. Some people treat expedite as some kind of cult. If new companies can spring up and do it why can't a business in the trucking industry already start a seperate company and expedite? Just because companies have other divisions or operating comanies that do other things besides expedite doesn't mean they don't have that capability. Look at FedEx.
 

joebob1_30132

Expert Expediter
RE: An Economic and Trucking Slowdown is Happening

truckin has alays been the canary in the coal mine ...It the first to know and the first to go ....But .. if when it gets good its the first to know and the first to get going ... th e plan all you good stuards of business who have been saving their pennies .. expand in the down turn ..get ready to buy repos cheap like i did after 9/11.. Crisis of conscience ??? its not personal its business... to harsh.. everone has the same opportunity to information on business practices as i do or anyone who can walk drive or expedite their butts to a tax payer publicly funded library...anyone remember those...free information ..Dont want to here about "the man" bush, republicans ,corporations holding me down...JUST GET R DONE ...good health, wealth and prosparity to all..
 

nightcreacher

Veteran Expediter
RE: An Economic and Trucking Slowdown is Happening

I would like to comment about freight slowing down,but I cant.In fact,I didnt know we were having a slow year.I'm not bragging about how busy I have been,I'm just not making any less than any other year.Of course,the E units in expedite are always in need.
 

jay shipley

Seasoned Expediter
RE: An Economic and Trucking Slowdown is Happening

Yes, I DO have to say, Linda and Bob.......you guys really DO have a nice truck! ;) As far as the slowdown is concerned, I think this has been coming with the current adminstration being so self serving.
 
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