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To: an amused spectator

The trucks aren’t vanishing and the drivers aren’t going to work as cashiers if they can help it. Not one speck of freight won’t get delivered at the then-prevailing rates — it’ll just be better-capitalized trucking companies that do it after the bankruptcies and repossessions.

As always, infrastructure industry workouts lead to higher rates, as it is the weak hands (like the telecoms and airlines that went in during 2001 and 2002) which have to fold while the strong hands can simply sit their fleets when buyers demand negative-gross-margin rates.


24 posted on 02/25/2008 3:16:17 PM PST by only1percent
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To: only1percent
Okay, we just did the National Date Festival and Riverside County Fair , here in Indio, CA. Ten days of mediocre boredom... I pity the food booths. SOme had their percentages up, but thats because they had to jack up those food prices considerably.

That that breakfast burrito that last year was 5.50 a pop. THis week it was 7 bucks. Pop? THe large went from 3 buck to 3.75-4 bucks. We are talking movie theater prices here...

Everywhere things are up... Gas hits us hard. But imagine a carnival that has to run those diesel generators..

ITS going to be an ugly year.

26 posted on 02/25/2008 3:41:43 PM PST by abigkahuna (Step on up folks and see the "Strange Thing" only a thin dollar, babies free)
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To: only1percent
Analysis of rail freight shows two strong hands equal higher rates. I’ve been buying freight in railcars since ‘81 and can tell you that base rates are being jacked out of sight and no negotiation is possible; its pure take it or leave it.
37 posted on 02/25/2008 5:32:38 PM PST by Eric in the Ozarks (ENERGY CRISIS made in Washington D. C.)
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