Timing is everything. Just a couple of weeks ago I wrote an article stating full truckload rates would likely continue having downward pressure, in my opinion, for the rest of the year. I also stated I thought the American Trucking Association (ATA) was off target stating a 7% tonnage increase for Fenurary2016. The spike didn’t… Read more »
Category: Misc.
What Goes Up Must Come Down
Businesses go bankrupt, it happens. Truckers are business so yes they do go bankrupt. If you are paying attention you are seeing more trucking companies go bankrupt now than last year at the same time. The number of trucking companies that went bankrupt in the first quarter of 2015 was 85. The number for the… Read more »
Crude Jokes and Credit Lines
What should the federal government of the United States of America do when things get a little tight? I guess they could reduce overall spending. That’s what many Americans have done as a result of uncertain and challenging times. Belt tightening has been the ‘go to’ in tough times since belts were invented. Since the… Read more »
Business to Business Shaming?
If you work in the transportation industry you know things don’t slow down, freight does not wait for a committee meeting, most decisions are made in real time as situations develop, and the pace is faster than many other industries. Conversely, if you are familiar with the normal insurance industry you know things move dreadfully… Read more »
When is a port not a port?
It was quite some time ago I was at a social mixer meeting of the minds here in Jacksonville. The focus of the discussion was inland ports which was what the bright people in the room knew was needed for the future. There was ample talk of the growth of JAXPORT that was to come… Read more »
Peeping Drone?
My wife Cyndi and I occasionally shop at a local warehouse store (Sam’s Club) when we feel we need a decade’s supply of bathroom tissue and paper plates. This past Saturday was the day of one of those bulk procurement trips. After we finally got around the traffic jam created by the obligatory car parked… Read more »
Already August and Fuel is Still Cheap!
Back in January of this year I published an article on LinkedIn called ‘Gas is cheap and this is my new grocery getter!’ that was not published in our website blog. In the article I mentioned low oil prices may slide all the way through summer. Instead of me paraphrasing my January article it would… Read more »