Truth.
We don't have a trucker shortage like the media proclaims.
We have a profit shortage because of rising diesel prices and declining trucking rates.
Truckers are parking their rigs because they can't afford to run.
I see a planned and engineered food shortage coming very soon.
None of this is happenstance. People have no idea how fucking bad it's gunna get.
There's a Chinese saying , a kind of backhanded curse , " May you live in interesting times " , well it's about to get real interesting.
I'm afraid you're right. It makes no sense from a market driven, supply and demand perspective. The trucking crisis is is being created.
I see a planned and engineered food shortage coming very soon.
Start investing in hedges against USD now before it's too late.
I just spent between 1.5-2k to ship my car XC. he said he's barely breaking even with diesel costs, and in 2019 he was making 30k a month.
I am involved in a trucking business, all refrigerated product. Rates have dropped 40-50% in the past 4 months, while diesel has gone up that much. Fuel, DEF fluid, reefer fuel adds to over $1 per mile. It's hard to find cross country loads paying $2.50/mile. Truck payment, insurance, etc add up. Nothing left for take home pay.
don't forget that trucks older than about 10 years aren't allowed into the ports in California.
it's certainly not helping anything to deny the most reliable trucks on the road from working the ports. just pointing out that the government is only hurting us ayy this point.
They must be retrofit. Essentially there are NO trucks older than 20 years old on the road in Southern California. I would hedge that 99% are less than eight years old.
The ports - Port of Long Beach? Has more containers than I have ever seen in 50 years. Just rusting away.
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