Does that mean that E-1 does not consider NLM a "hajor account" and the linehaul rate for NLM cargo van loads has risen to 80 cents per mile? Just wondering.
GM to shut down for half of the first quarter.
- Thread starter warlordblee
- Start date
Does that mean that E-1 does not consider NLM a "major account" and the linehaul rate for NLM cargo van loads has risen to 80 cents per mile? Just wondering!
The title of "Major Account" seems to be ummmm "Flexible"
Like "A Need to Know Basis"
The title of "Major Account" seems to be ummmm "Flexible"
Like "A Need to Know Basis"
Holy snikes, you jumped on that post pretty fast! Do you have a pager that goes off every time your screen name is mentioned on EO? lol. Well, is the current van freeze subject to change any time soon? I know things have gotten pretty bad out there these days. I hope you are weathering the storm my friend.
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****, you jumpped on that postpretty fast. Do you have a pager that goes off every time your screen name is mentioned on EO. lol. Well, is the current van freeze subject to change any time soon? I know things have gotten pretty bad out there these days. I hope you are weathering the storm my friend.
weathering just fine still getting 2-3 loads a week..just gotta hope they have some meat to them is all...last week 4 loads in 5 days...pure luck...oh wait ...theres no luck....I positioned myself to maximize my load opportunies...
dodgeboy said..
they are just replacing fleet owner drivers...
they are just replacing fleet owner drivers...
Agreed. When the unions are gone you anti union morons will be driving for 5 cents per mile. Oh hah you won't have a truck. The only reason non-unions pay as good as they do is because unions set the standard. BTW...in Japan Toyota worker get better pay and benefits than GM workers here. But toyota knows how dumb southern red necks are. They think Palen should be vp even though she takes the bible literally. Maybe if people weren't threatened at work not to form a union, more would be in them. Also Japan subsidises their exports and we can't because that would be "UN-AMERICAN"?
You are right. We we simply get paid too much money to pull automotive freight. Just last july I pulled two skids from Nogales AZ to Detroit MI for 1700 dollars. Now does that make any business sense? I think the big three need to cut out the middle man and have their parts suppliers move their operations up into the michigan area or into a more regional area. Then they can have some dedicated routes going back and forth between their plants and eliminate "stupid insane shipping expenses!" The days of the "cargo van" getting paid two grand to move two standard skids cross country are over. It is the expediting companies who have caused the current breakdown of the automotive industry.
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Anti-union morons? Dumb Southern Red necks? nice one
Unions served there purpose in history, time for them to be filed away as history.
Unions served there purpose in history, time for them to be filed away as history.
Tell me somthing. I have 10 commandments, do you have 3 or 4 just because it makes you feel good?
Ok, you called me a moron, and dumb, you sir, are an idiot.
Bottom line is it's just bad business Toyota and GM both manufactured the same amount of vehicles last year Toyota had a very nice profit GM lost money. loaning them money or giving them money is bad business until they change their business model.
This is a video of a new Ford plant in Brazil. One look at this and each of you will instantly be able to tell what is wrong with the manufacturing plants of the US car makers and why there will Probably never be another one built in the US. It will also point Out why more will go off shore.
detnews.com | Webvideo | Ford's most advanced assembly plant operates in rural Brazil
This is a video of a new Ford plant in Brazil. One look at this and each of you will instantly be able to tell what is wrong with the manufacturing plants of the US car makers and why there will Probably never be another one built in the US. It will also point Out why more will go off shore.
detnews.com | Webvideo | Ford's most advanced assembly plant operates in rural Brazil
When they finally identify why it takes four people to unload a pallet at a plant and their foreign competitors use one, I think they may be closer to an answer.
You don't need one person to sign in, followed by a safety guy to open a dock door, followed by a guy (towmotor operator) to check the pallet in, followed by a different guy to check you out.
The latest excuse is to blame the current administration because they can't compete because they don't have goverment sponsored free health care like the foreign competitors.
Reference( Meet the Press- Granholm vs Romney)
Are you kidding me? That may apply to cars that are actually built overseas, but has absolutely nothing to do with foreign cars built in the US. They face the same health care issues as the rest of the country. Until one addresses the 48 to 72 per hour price differential on labor, the US automakers may not recover unless billions are pumped in continuously.
I don't think it is the responsibility of the rest of the taxpayers to fund the retirements and health care packages of auto workers that they themselves likely may not have.
You don't need one person to sign in, followed by a safety guy to open a dock door, followed by a guy (towmotor operator) to check the pallet in, followed by a different guy to check you out.
The latest excuse is to blame the current administration because they can't compete because they don't have goverment sponsored free health care like the foreign competitors.
Reference( Meet the Press- Granholm vs Romney)
Are you kidding me? That may apply to cars that are actually built overseas, but has absolutely nothing to do with foreign cars built in the US. They face the same health care issues as the rest of the country. Until one addresses the 48 to 72 per hour price differential on labor, the US automakers may not recover unless billions are pumped in continuously.
I don't think it is the responsibility of the rest of the taxpayers to fund the retirements and health care packages of auto workers that they themselves likely may not have.
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I will update my thread:
http://www.expeditersonline.com/forum/general-expediter-forum/33786-time-take-action.html
When everyone is tired of sitting in January.
(These opinions are mine and do reflect ExpeditersOnline.com)
http://www.expeditersonline.com/forum/general-expediter-forum/33786-time-take-action.html
When everyone is tired of sitting in January.
(These opinions are mine and do reflect ExpeditersOnline.com)
The automotive bailout is the news of the day. Note also that this is just part of a larger economic picture. The fundamental reason American automobile manufacturers are in trouble is that people are not buying cars as often as before.
While we can debate the impact of management decisions and union practices and benefits, the fact is the big three did not show up in Washington with tin cups in hand until consumers cut back their car purchases.
The consumer pullback was influenced by the end of easy credit, a decline in housing values, unemployment increases, and major declines in retirement investment portfolio values, among other things.
Looking ahead to 2009, a Bloomberg article sets the stage. Clearly there is more going on out there than the crisis of the day that news organizations focus on. Today it is automotive. Tomorrow, it will be something else. Sadly, it seems we will be seeing negative headlines for some time to come.
------------
"Dec. 10 (Bloomberg) -- The biggest slump in U.S. consumer spending since 1942 will extend the recession and push the jobless rate to the highest level in a quarter century, according to economists surveyed by Bloomberg News.
"Household spending will drop 1 percent in 2009, the biggest decline since after the attack on Pearl Harbor, according to the median estimate of 51 economists surveyed Dec. 4 through Dec. 9. By the middle of next year, the economy will have shrunk for a record four consecutive quarters, the survey showed.
“'That sounds scary enough to me,' said Jeffrey Frankel, an economics professor at Harvard University and a member of the group that determined the start of the recession. 'Consumers have carried the weight of expanding demand for a long time at the expense of a serious deterioration of their balance sheets.'
"A drop in spending has brought the auto industry to the brink of collapse, and mounting unemployment, a lack of credit, and falling property and stock values will prompt Americans to turn even more frugal. President-elect Barack Obama has pledged to pursue the biggest public-works plan since the 1950s to stem the already year-old economic slump.
“'It’s a serious recession, and there’s a good chance it will break the 16-month record since the Depression,' said James O'Sullivan, a senior economist at UBS Securities LLC in Stamford, Connecticut. “We’re at the stage where the weakness is feeding on itself. The next few months look pretty rough.'"
Full article
While we can debate the impact of management decisions and union practices and benefits, the fact is the big three did not show up in Washington with tin cups in hand until consumers cut back their car purchases.
The consumer pullback was influenced by the end of easy credit, a decline in housing values, unemployment increases, and major declines in retirement investment portfolio values, among other things.
Looking ahead to 2009, a Bloomberg article sets the stage. Clearly there is more going on out there than the crisis of the day that news organizations focus on. Today it is automotive. Tomorrow, it will be something else. Sadly, it seems we will be seeing negative headlines for some time to come.
------------
"Dec. 10 (Bloomberg) -- The biggest slump in U.S. consumer spending since 1942 will extend the recession and push the jobless rate to the highest level in a quarter century, according to economists surveyed by Bloomberg News.
"Household spending will drop 1 percent in 2009, the biggest decline since after the attack on Pearl Harbor, according to the median estimate of 51 economists surveyed Dec. 4 through Dec. 9. By the middle of next year, the economy will have shrunk for a record four consecutive quarters, the survey showed.
“'That sounds scary enough to me,' said Jeffrey Frankel, an economics professor at Harvard University and a member of the group that determined the start of the recession. 'Consumers have carried the weight of expanding demand for a long time at the expense of a serious deterioration of their balance sheets.'
"A drop in spending has brought the auto industry to the brink of collapse, and mounting unemployment, a lack of credit, and falling property and stock values will prompt Americans to turn even more frugal. President-elect Barack Obama has pledged to pursue the biggest public-works plan since the 1950s to stem the already year-old economic slump.
“'It’s a serious recession, and there’s a good chance it will break the 16-month record since the Depression,' said James O'Sullivan, a senior economist at UBS Securities LLC in Stamford, Connecticut. “We’re at the stage where the weakness is feeding on itself. The next few months look pretty rough.'"
Full article
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I do agree with Phil in that there are quite a few things affecting the economy besides the auto business. I only chose to address that since that is the topic of this thread. I don't think anyone wants the auto industry to collapse but they are going to have to make some hard changes. The union refusal to do anything until "maybe we will look at it in 2011" sends a poor signal. They are calling it a loan but they can't repay the 62B they are in debt on now.
As far as the rest of the economy, I still see trouble ahead. I think the 16 month period Phil is referencing may be on target.
There is currently one trillion dollars in ARM loans sitting out that aren't scheduled to reset until 2010/2011.
There is a second wave coming.
A lot of these houses were bought at almost sub-prime levels.
Soeone making 50k that bought a 500k house that is now worth 300k is going to bail when that loan resets. It is gonna take a bunch of taxpayer cash to correct those types of problems. The problem started in the financial and housing market, and likely it will take its healing before we start to see some upswings.
As far as the rest of the economy, I still see trouble ahead. I think the 16 month period Phil is referencing may be on target.
There is currently one trillion dollars in ARM loans sitting out that aren't scheduled to reset until 2010/2011.
There is a second wave coming.
A lot of these houses were bought at almost sub-prime levels.
Soeone making 50k that bought a 500k house that is now worth 300k is going to bail when that loan resets. It is gonna take a bunch of taxpayer cash to correct those types of problems. The problem started in the financial and housing market, and likely it will take its healing before we start to see some upswings.
Hopefully the financial people can start a road to recovery and some of the people going to be affected by to 2010/2011 reset can have alternate financing available when the time comes. To soften the blow.
I think it is a two fold problem with regards to housing. You are correct in that they will have to restructure these existing loans. At the same time a lot will depend on the falling values on these properties. If they fail to stabilize, it will take a significant amount of cash to recover the differences.
Just before the collapse across from my stepsons in Manasass...the guy bought a house at 650,000...now it's only worth around 400,000...the bank is forcing re-finacing because of the lost equity....theres no way he can do it....and if he sells at that loss...he's a goner.
Btw...this guy isn't a minimum wage earner.....in that respect he's lucky!*L*
Btw...this guy isn't a minimum wage earner.....in that respect he's lucky!*L*
mjolnir131
Veteran Expediter
outside a few windows for toyota we have not had many(if any) auto industry runs in the last few months so 0-0 equals what? now other factory types closeing or slowing down thats a worry we have had lots of repair parts to fix assembly lines. on the up side maybe they will break faster if they sitto long not moving and we will have a binge when things pick up agian
The problem runs deeper than that ... much deeper.
On Monday, December 8, the Office of the Comptroller of the Currency released statistics showing that more than half of the loans modified in the first quarter of 2008 had redefaulted within six months of modification.
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