What’s your conclusion, Charlie?
Rich
Tough times, IMO. And it could get better or worse depending on economy and China tariffs.
Those that are in the industry and following it we’re well aware of the situation. Those carriers that saw it coming and trust me about 70 percent of the carriers did see this coming. Carriers that survived all the previous massacre times of deregulation the dot com bubble bursting the 2008 housing market crash they’ll be stronger than ever. Carriers that are run by investment firms who knows what happens. To quote a former boss of mine the one’s who survives in times like these are going to make bank afterwards.
The driver’s on a B1 visa that program is done. Especially with what happened in Florida. The FMCSA and USDOT are seeing blood in the water right now and their going to get very serious about it. 2 tariffs my son in law is working a different job at a grain elevator that ships soybeans in containers overseas to Japan for their needs. Everyday he’s expecting 40 trucks in his shift. So someone’s still using American grain overseas.
We once met a stack train that had a container that had been broken into. I imagine the ones doing it were surprised when they opened the door. It had grain in it.
We alerted the crew who contacted the dispatcher. We were close to a point where we changed dispatchers and radio channels, so I don’t know what the outcome was.
Jeff
Japan imports 95% of its soybeans and the US has for years consistently held the largest market share, about 70% or more. Let’s hope the tariffs turmoil doesn’t reduce that.