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Plus we still don't know what the fallout will be on the real estate side of things since there has been forced temporary relief on tenants and other measures.
originally posted by: ketsuko
I will repeat: I don't spend money if I don't have it.
Husband still has some student loans and had a deferral from that too, but we kept right on paying.
So people who think this is all a get out of jail free card are nuts and stupid.
originally posted by: scraedtosleep
Maybe it will cause houses to become super cheap and I will finally be able to buy a home?
originally posted by: AugustusMasonicus
originally posted by: JinMI
Its enough to get through an election cycle though.
Dems won't even put up an argument to the contrary of a net positive economy based on fresh monopoly money and that speaks volumes in this climate.
Yeah, it's like fighting over a stinking whale carcass.
originally posted by: AugustusMasonicus
See the post three above this one to find out why someone thinks you're wrong.
originally posted by: Ringsofsaturn777
It proves he is wrong.
Job Demand – There is an ever-growing demand for truck drivers and experts believe that the trucking industry needs to hire at least 900,000 more people to meet the growing demand for truck drivers.
originally posted by: AugustusMasonicus
Yup, one report totally shoots it all down. None of us know what we're on about, keep sniffing the unicorn farts.
1. Carrier Bankruptcy
Over the past few months, several large and small trucking companies have closed their doors for business owing to harsh market conditions that are currently prevalent within this industry.
3. Higher Number of Mergers
While a large number of companies within this industry are going under as a result of the harsh market conditions...
5. A Market Flip
While the trucking industry might not be in the best market situation currently, there are some experts who are enthusiastic and optimistic about 2021...
6. Changes in Pricing
The pricing that truckers currently operate at is considered to be incredibly low, so much so that truckers earn far less than the average American.
originally posted by: Ringsofsaturn777
Right.. a comprehensive survey of the entire industry is wrong.. "some guy" on ATS is correct.
originally posted by: scraedtosleep
When I speak with our clients I can not tell them the stuff that I have told you guys here. I will be fired if I do.
originally posted by: AugustusMasonicus
a reply to: MetalThunder
Duh.
From your source:
1. Carrier Bankruptcy
Over the past few months, several large and small trucking companies have closed their doors for business owing to harsh market conditions that are currently prevalent within this industry.
3. Higher Number of Mergers
While a large number of companies within this industry are going under as a result of the harsh market conditions...
5. A Market Flip
While the trucking industry might not be in the best market situation currently, there are some experts who are enthusiastic and optimistic about 2021...
6. Changes in Pricing
The pricing that truckers currently operate at is considered to be incredibly low, so much so that truckers earn far less than the average American.
Looks reallllll promising.
After the early pandemic days of uncertainty, when OEMs shut down production, heavy-truck build levels plummeted. But production has recovered quicker than in past recessions, and demand has set up the industry for a booming future.
originally posted by: AugustusMasonicus
a reply to: MetalThunder
It's nice that they're building or thinking of building trucks, call me when they sell them and they're actually hauling goods.
“There was significant pent-up demand for van trailers coming out of the economic shutdowns. Now fleets are feeling much more confident about the freight markets and ordering trailers they would have booked in April or May, under normal conditions,” he says regarding trailer sales numbers. “There was also pent-up demand at the dealer level, with some dealers reporting record sales volumes for July and August, which are traditionally the slowest months of the year. Dealers now are placing restocking orders much sooner than expected.”
CONCLUSION
The number of trailer sales is currently rising so fast that to call it a skyrocket would be a disservice.
originally posted by: AugustusMasonicus
Duh.