7 Replies to “It’s Probably Nothing”

  1. funny how all the charts have this post election correction , housing starts , employment , debt.
    all the revisions counteract the “recovery miracle ” of BamBam

  2. This is very bad. I have been trucking for 20 years and operating independently for the past 11 years. Freight volumes ALWAYS pick up in the fall of the year for the Christmas consumer rush. All those color tv’s and Barbie dolls arrive at the store by truck. The graph displays an increase in tonnage in the fall of every year except this year.
    Additionally hurricanes and natural disasters ALWAYS create an enormous increase in trucking. Construction equipment, construction materials, relief supplies, FEMA trailers, generators, food and fuel are being trucked from all over North America to the East coast. In 2006 US DOT gave out special permits to trucks supplying FEMA after Hurricane Katrina excepting them from hours of service regulations in an effort to get more supplies and materials. The demand for supply trucks was that great.
    For there to be a slow down in trucking at this time is not a good sign.

  3. A few weeks ago they said consumer confidence was at a 4-year high. I just shook my head. On what is this consumer confidence based? Thin air I think.
    Things are going to get very bad very soon.

  4. where’s that other graph of shipping container traffic?
    merge/overlay the two for double whammy.
    what’s that, taxes in Calif up to 52%!
    nevermind……….whatevah

  5. Trent, you are so right. It’s not a good sign. And it’s falling pretty much in lockstep with the decline in the US manufacturing index.

  6. This is a good thing, think about all the carbon emissions that werent added to the environment, causing global warming and raising the oceans. I also motion that we commission a cost benefit analysis about a law to keep the trucking industry suppressed to keep it from killing us all.
    I can’t believe that this argument was prevalent even five years ago.

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