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IPFS News Link • Transportation

Mind The 18-Wheelers----Trucking Volume Hits Air Pocket In March-April

• davidstockmanscontracorner.com

Have been trapped on the West Coast for the last week. Freight has slowed to a crawl, with way too much time on the loads, and the truck stops are filling up too early in the day. I had to pay for a parking place in Castaic, CA, night before last because the Pilot was full at 4:30 in the afternoon. Finally got a load to Little Rock. But it doesn't load till late tonight and has more time on it than usual. We usually experience slowdowns before the rest of the country becomes aware of them.

On May 2, he wrote:

I have lost 5 days either waiting for a load or waiting to load or deliver, since leaving on the 12th of April. I have seen this pattern before in my 34 years of trucking – we always get hit first in any downturn, just as we always feel the upturn first. As you regulars know, my company has done several strategic things since the crash in 08 and work has been steady since then. My warning is anecdotal but you all are well of the inventory overshoot in Q1.

And on May 4, he wrote:

Freight is still slow. I barely have 7,000 miles on the clock since the 12th of April. A normal month is 10,000 + miles.


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