Trucking collapse

[namelusParticipant]

They Are Calling This A “Bloodbath” For The $800 Billion Trucking Industry As U.S. Economic Activity Dramatically Declines

 

This shows you for real economy is in free fall 62.7 percent less shipping in may. 6 straight month in decline. Sure people.are buying and jobs are being created…….

 

 

[Crow BarKeymaster]

To add: Truckers Turn Apocalyptic As Sentiment Crashes Most On Record

https://www.zerohedge.com/news/2019-06-21/quietest-season-20-years-truckers-turn-apocalyptic-sentiment-crashes-most-record

[TolikParticipant]

Honestly , for a country like this , the only truckers you should see on the road ,would be the local boys taking things back and forth , from the TRAIN STATION .

[WhirlibirdParticipant]

If you like putting money in the pockets of Buffet  and the like.

Heres the question(s):

What has caused a decline in trucking? And where?

Cause I can say that 80 in our area is as busy as normal.

Is it truly a decline or just more of the magic statistics?

 

[TolikParticipant]

Agreed ! No changes here . Interstates just as clogged with freight  as ever .

[namelusParticipant]

Oil tar sands no longer shipped via truck

End of bananas the disease wiping them out

The mid west flooded no food leaving no farm stuff sold

Sea container shipping inter modal down as trade war tariffs hit and China sells else where.

 

Home starts on paper going up main city 5 hours from us there are ghost areas of new stuff empty

Big city the prized retail spots have for rent signs first time in as long as I can remember.

 
<p style=”text-align: left;”>Look at the closure of stores https://clark.com/shopping-retail/major-retailers-closing-2018/ this is last year https://moneywise.com/a/retailers-closing-stores-in-2019</p&gt;
This keeps on happening and even walmart closings.

 

 

• This reply was modified 11 months, 3 weeks ago by  namelus.

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