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| Economy |
| Decline in Demand for Freight perhaps precusor to recession |
| 2022-04-27 |
| [FoxBusiness] Trucking has proven to be a somewhat reliable bellwether for the US economy A sharp, unexpected downturn in trucking demand since the beginning of March could be evidence of a looming economic recession, according to Bank of America strategists. A Tuesday analyst note from Ken Hoexter, the managing director of Bank of America's trucking research, shows that shippers see rapidly softening demand for trucks, with a gauge tracking truckload demand falling for the fourth consecutive month to its lowest level since June 2020. That is "near freight recession level," Hoexter wrote. On an annual basis, the gauge has plummeted about 23%. |
| Posted by:Lord Garth |
| #7 There is no shortage of weed. |
| Posted by: Chris 2022-04-27 14:21 |
| #6 Announce a "chronic" shortage and watch the hipsters and other weed users swing into action, mostly whining. |
| Posted by: M. Murcek 2022-04-27 09:39 |
| #5 Chronic Shortages Of A Few Items Now Will Evolve Into Chronic Shortages Of Hundreds Of Products Later In 2022 |
| Posted by: Skidmark 2022-04-27 09:38 |
| #4 Bidenomics: Americans cutting back on discretionary spending because of inflation |
| Posted by: Skidmark 2022-04-27 09:34 |
| #3 This is why a lot of retired and left-the-business drivers were reluctant to help out during the recent supply chain screams of "we need drivers". They treat you like temps. |
| Posted by: ed in texas 2022-04-27 09:32 |
| #2 Revealed: top US corporations raising prices on Americans even as profits surge |
| Posted by: Skidmark 2022-04-27 09:08 |
| #1 Here in Ga., we have our own Reverend turned Politician problem. Reverend - Senator Warnock (LSD Senator) is running dozens of misleading ads a day on streaming channels. Saying he is going to stick it to the Freight companies for inflated charges. I guess he isn't aware that it takes FUEL to deliver stuff. Thanks to his LSD party ANTI-FUEL policies, fuel prices are 200+% more than what they were 18 months ago. So who screwed who? |
| Posted by: NN2N1 2022-04-27 08:02 |