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Freight Recession?

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  • Member since
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  • From: Guelph, Ontario
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Posted by Ulrich on Thursday, April 28, 2022 9:59 AM

Murphy Siding

 I keep reading that there is a glut of trucks and that freight rates are dropping because of it. On what planet is that happening? We are currently waiting for materials from mills and manufacturers that can't get trucks under them. Those shippers are in VA, OH, IL, MO, KS, OK,TX,LA, MT, ID, WA, and Canada.

 

I've been wondering about that too. Rates are still sky high, and I broker off my excess freight.. it has been slow going.. even astronomical rates don't fetch a truck alot of the time. What planet indeed.

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Posted by Murphy Siding on Thursday, April 28, 2022 9:44 AM

 I keep reading that there is a glut of trucks and that freight rates are dropping because of it. On what planet is that happening? We are currently waiting for materials from mills and manufacturers that can't get trucks under them. Those shippers are in VA, OH, IL, MO, KS, OK,TX,LA, MT, ID, WA, and Canada.

Thanks to Chris / CopCarSS for my avatar.

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Posted by BaltACD on Wednesday, April 27, 2022 10:23 PM

jeffhergert
 
greyhounds
 
Backshop
All we need is a low cost way for meat processors in Iowa to get their goods to Chicago cheaply and everything will be just fine... 

That would help. 

Sorry, currently we have too much business that's clogging up the railroad.  Try again in a few months.

Jeff

When the backlog of ships gets worked off on the West Coast - there will likely be a month or more of virtually NO SHIPS arriving the West Coast from SE Asia with the Chinese lock downs account Covid.

Never too old to have a happy childhood!

              

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Posted by jeffhergert on Wednesday, April 27, 2022 9:40 PM

greyhounds

 

 
Backshop
All we need is a low cost way for meat processors in Iowa to get their goods to Chicago cheaply and everything will be just fine...

 

That would help.

 

Sorry, currently we have too much business that's clogging up the railroad.  Try again in a few months.

Jeff

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Posted by Shadow the Cats owner on Wednesday, April 27, 2022 8:47 AM

Get ready for the ports to be backed up to hell and beyond again.  Shanghai has over 600 container ships at anchor right now waiting for the lock down to be lifted from there.  

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Posted by greyhounds on Tuesday, April 26, 2022 7:39 PM

Backshop
All we need is a low cost way for meat processors in Iowa to get their goods to Chicago cheaply and everything will be just fine...

That would help.

"By many measures, the U.S. freight rail system is the safest, most efficient and cost effective in the world." - Federal Railroad Administration, October, 2009. I'm just your average, everyday, uncivilized howling "anti-government" critic of mass government expenditures for "High Speed Rail" in the US. And I'm gosh darn proud of that.
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Posted by SD70Dude on Tuesday, April 26, 2022 7:21 PM

Flintlock76

Can't help you on this one boys, my crystal ball fell of the table and shattered into a hundred pieces.

They don't make anything  like they used to.  Angry

Better order a new one from China, put some more freight on the rails!

Our traffic always seems to slow down in late spring and early summer, before picking up again in late summer and increasing into the winter.  And it's not just grain, it's everything.

Greetings from Alberta

-an Articulate Malcontent

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Posted by Flintlock76 on Tuesday, April 26, 2022 7:07 PM

Can't help you on this one boys, my crystal ball fell off the table and shattered into a hundred pieces.

They don't make anything  like they used to.  Angry

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Posted by SD60MAC9500 on Tuesday, April 26, 2022 6:48 PM
 

Nahhh.. No freight recession.. What's happening right now is the calm before the next storm comes 3rd QTR.. 

 
Rahhhhhhhhh!!!!
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Posted by charlie hebdo on Tuesday, April 26, 2022 6:04 PM

The lockdown in Shanghai is not new -  going on four weeks - since April 1. The municipal authorities are likely to be replaced because of failures to plan well for food distribution.

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Posted by Backshop on Tuesday, April 26, 2022 5:32 PM
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Posted by charlie hebdo on Tuesday, April 26, 2022 5:15 PM

BaltACD

The real driver for freight slow downs in the near future.

https://www.cnbc.com/2022/03/28/china-is-shutting-down-shanghai-in-two-phases.html

 

Old news (March 28).

I hear from residents that the lockdowns will be lifted by mid-May at latest.

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Posted by Backshop on Tuesday, April 26, 2022 3:20 PM

All we need is a low cost way for meat processors in Iowa to get their goods to Chicago cheaply and everything will be just fine...Big Smile

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Posted by BaltACD on Tuesday, April 26, 2022 2:43 PM

The real driver for freight slow downs in the near future.

https://www.cnbc.com/2022/03/28/china-is-shutting-down-shanghai-in-two-phases.html

Never too old to have a happy childhood!

              

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Posted by Convicted One on Tuesday, April 26, 2022 2:39 PM

I was thinking something along these lines last week while I was out shopping, and noticed full shelves where chronic shortages existed even before the pandemic.

What I noticed most about these full shelves was their new prices. Could it be that consumers are shunning the usury and pushing back? And the thought occurred to me that if this was the case, then our over-burdended freightways might soon be in for a little relief?

Nothing like reduced demand to correct an overly optimistic marketplace. Whistling

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Posted by Electroliner 1935 on Tuesday, April 26, 2022 2:34 PM

BE AFRAID, BE VERY AFRAQID! GLOOOOOM  &  DOOOOM

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  • From: Antioch, IL
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Freight Recession?
Posted by greyhounds on Tuesday, April 26, 2022 1:39 PM
"By many measures, the U.S. freight rail system is the safest, most efficient and cost effective in the world." - Federal Railroad Administration, October, 2009. I'm just your average, everyday, uncivilized howling "anti-government" critic of mass government expenditures for "High Speed Rail" in the US. And I'm gosh darn proud of that.

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