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The Truck Driver Shortage Could Bring Down the Economy

With all the turmoil surrounding the summit and with all the controversy generated by certain Democrats (eg Representatives Steve Cohen and Maxine Waters) call for a military coup to remove Trump, we have temporarily lost sight of our economy and there is a lot to be concerned about.

A House of Cards

Only five corporations have fueled the rise of the Stock Market  (eg Google, Apple, Amazon) and only one of them makes anything and that would be Apple. Our economy is built upon a house of cards.

The debt totals are the national debt ($21 trillion), the unfunded, mandated liabilities (eg social security, Medicare, etc) totaling an estimated $240 trillion and finally the credit swap derivatives debt of $1.5 quadrillion. There will be no debt repudiation. Any President that would attempt to repudiate the debt would be dead by sundown.

The housing market crisis is back. The major cause of the economic crash of 2008-09 was the bundling of home mortgages into what has been called the credit swap derivatives. This is was the biggest ponzi scheme in world history and led to the illegal US taxpayer bailout of the perpetrators.

The Trucking Crisis

There is one economic  Trojan horse that very few are discussing and it is bringing the economy down. If the trend continues it will send our economy into a tailspin.

Take a long look at the following chart. What does it tell you?

What this chart tells even the most economically naive of American consumers, is that our economy is deep trouble. Our entire system of food distribution, retail goods and other essentials arrive at our stores through a delivery system that has become known as the “just-in-time-delivery” system.

Ask yourself a question America: In the approach of Hurricane Harvey, which slammed Houston, how long did it take the shelves to empty? Basically, all food and other essential prepping supplies disappeared from store shelves in less than a day. For most, those who were not already prepped were on their own when the storm hit. FEMA was worthless as they have been in every other crisis.

The chart, portrayed above, should gravely concern every American.  The cost of shipping a “dry good”  by truck has risen by almost 80% since 2010 and 40% in the past year alone. At some point in time it will be economically infeasible for the average trucker to continue to drive for less and less money. It is only a matter of time until this increased cost of shipping, will lead to an inflationary spiral because almost all goods are shipped to their final point of distribution.

Geopolitical Implications

Now that I have your attention, it is time to factor in the political and social events into this truck driver shortage.

 The major concern and primary issue connected to this trucking crisis is the massive shortage of truck drivers in the United States. American Trucking Associations estimates that America 50,000 additional truck drivers beyond what we presently have. The shortage impact is real and it is critical. It is just a matter of time until the crisis touches every American in their collective wallets.

The shortage in the trucking market probably won’t resolve itself any time soon. Corporations simply cannot find enough drivers. And low unemployment is add to the shortage as well. Further, construction jobs, just as an example, pay better and allow workers to be home more with their families.

Meanwhile, it might be best if this motivated every reader to stock up on supplies because if the driver shortage does not abate, basic supplies (eg food) will not be affordable. And there will come a time when it is no longer profitable to ship and these supplies could be totally unavoidable. Storing basic essentials is no longer an option.

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By | 2018-07-19T12:13:25+00:00 July 19th, 2018|Conspiracy, Featured, Main|18 Comments

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18 Comments

  1. LoveMeSomeKnowledge_ July 19, 2018 at 8:25 am

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  2. Road Warrior July 19, 2018 at 8:31 am

    New regulations and on board computers track the time that the truck is moving. This prevents Drivers from lying on their log books. They used to log miles, rather than time. When you are forced to log the time the truck is moving, you cannot make a livable wage.

  3. Byron July 19, 2018 at 8:31 am

    Dave, as a guy who has been over the road for years, I wonder where the money is being made as the mile rates have gone down by about 20% since this winter.
    We don’t really have a shortage we have an ELD Electronic Log problem. The electronic logs keep up to the minute tabs of where you are and if you are driving.
    Even if you are only a couple of miles from the customer, if you are out of hours, the log will automatically log a violation if you are even one minute over. You are
    allowed only 1 exception per week and it better have good excuse like weather or stuck in traffic. Most of us are shutting down long before our allotted time. We have
    to start looking for parking at least an hour before. This adds up very quickly over the week. Compounded by every single driver in North America you get an
    artificial shortage. This doesn’t count for teams or those union guys who pushed for ELD’s to “level the playing field”.
    Not to mention that the state governments started a strange policy in January of closing down about half the parking rest areas to trucks. Seems a little contrived.
    So we get violations for being over hours, violations for parking on highway ramps, violations for parking on the streets near our customers, why the heck are we
    even doing this job? IF things start going bad, you are going to be stuck. I don’t have any reason why I would stay driving out of humanitarian consideration.
    The day our trucks stop, is the day it is over.
    Right now you are just seeing a backlog of freight brought about by total government control of the log books. Do your research and see how much money was lost
    and how much time it took to straighten out the back log when the government created an artificial backlog a couple of years ago when they changed the HOS
    reset regulations to include 2 midnights. This did not affect every driver just mostly teams and guys who drive at night. Billions.
    If you start seeing chaos in cities, we all remember the driver Reginald in LA back in the nineties. I do not plan on making CNN news.
    You will be on your own.

  4. Abby July 19, 2018 at 10:48 am

    The U.S. does not have to repudiate the date. They can just inflate it away. To say it another way we could just print up 21 trillion pay all debts and be debt free.

  5. Katerina July 19, 2018 at 10:52 am

    This is bull. There a plenty of AMERICAN truckers pushed out of work. I’m very surprised AMERICAN truckers haven’t rebelled. Perhaps they should, eh?
    Most drivers are foreigners (Mexicans, Russians, Muslims from the middle east, etc.)

    The govt needs more truckers to haul AMERICANS’ ASSES to death camps, as they did in WWII. I’m sure those truckers will not be AMERICANS. BEWARE.

  6. DDrake July 19, 2018 at 10:52 am

    The STASI/GESTAPO States and Feds have REGULATED the incentive to drive a ruck, out of existence. Yet they give illegals whatever they want?

  7. William Moreland July 19, 2018 at 12:26 pm

    I drove for 22 years. retired in 01. drove for 6 months in 06 to help a friend. between the ELDs and the insane driving hours regulations in effect now I wouldn’t drive for any amount of money. When truckers start making the regs affecting them then sanity will return. My wife is a retired IRS officer and she has trouble figuring our own taxes. She received rewards for her work while still on duty. As long as the mentally deficient bottomfeeders in Washington continue things will never improve. While the Democrats don’t have the market cornered on morons they do seem to have the majority. The shortage will only get worse. Between the US Army and civilian trucking I’ve driven in 48 states and 3 countries. POV in 6 more. We’re in a heap of trouble, boy!

  8. 'MKGunnells' July 19, 2018 at 2:22 pm

    The driver shortage might necessitate trucks being allowed to pull two full size trailers like they do in Canada.

  9. Trucker July 19, 2018 at 3:14 pm

    Truckers are treated like dirt. Who want to be a trucker?

  10. Richard Smith July 19, 2018 at 5:13 pm

    A lot of the driver shortages comes from the companies, themselves. The supervisors companies have think they know how to tell drivers to drive by sitting in their cushy offices, look at a Qualcom computer, and have never been in a truck They say that drivers are a dime a dozen, and don’t take care of the ones they already have. They work 8 to 4, while the drivers work 12 and 14 hours a day, live in the truck, and stay away from home and their families for days and weeks at a time. If a good driver has problems, they do nothing about it. Do things their way or leave. If you complain about a supervisor, they put you down and stick up for each other. Then, there’s the truck cops that pull you into the scales and go over everything, or the ones that hate trucks and make it hard on drivers. I don’t know why anyone would want to be a driver. Others on the highway are very rude and dangerous to you.

  11. Larry Deavenport July 19, 2018 at 6:07 pm

    Krogers and Albertson’s are already running short on items.

  12. Kono Wally, aka "Professor" July 19, 2018 at 7:10 pm

    Dear Dave: I am a professional Trucker, working in Agri-business; been a pro since 1987. My college degrees are in Business Admin and Economics, a double major, with emphasis in management. I couldn’t find employment at anything above minimum wage after I graduated in 1983 during the Reagan recession. I made more money at blue-collar efforts than anything that needed a degree. Today’s trucking woes are related to retention of drivers – there are plenty of drivers, its not a “shortage” – we just don’t get paid enough to work the insanely long hours and receive low pay or zero pay that becomes the norm once one gets within the trucking industry. Some companies are paying more, the govt. rules and regs make some things worse, not better. Werner Transportation hired 100,000 drivers over the last year but didn’t retain enough to cut the “shortage.”(July OOIDA magazine) Many drivers leave the industry and refuse the stupidity. I myself refuse to do some of the stupid things that would, well, pay me more – but the average pay for a pro driver is still about $51,000 a year. I make less than 35k, but I don’t support a wife, kids, or a mortgage either. The hours of service rules, all the safety “FMCSA” type harping, has gutted driving and drivers. We can read – and we can “vote” with our feet. We get out of job situations that are dangerous, unethical, and have no foreseeable future improvement. DOT cops abound at harrassment of drivers, and some get a kick out of it. I’ve seen enough to know a sick system; I don’t trust cops – but I have to put up with it – and with them. We all just “CYA” it and keep on truckin. It’s a job, not a living; I do have my regrets; but hey, we have all sinned and fallen short. The country & the industry will change when it has to, not before.

  13. Vietnam Vet 67 July 19, 2018 at 10:36 pm

    Qualified Truck Drivers are Refusing to Drive! New Fed Regulations that now control your log book by electronics is the reason. Basically, IF your truck is running, you are driving. When you unload your are On Duty then you start the truck, you are driving again. In the old system, one could fudge a little bit. IF you are unloading with Non-Touch Freight, you could put yourself in the Sleeper to extend your driving time/on duty time or log Off Duty as you twiddle your thumbs. While most drivers will fudge a little bit, there were those who maintained a couple log books to justify their Driving Hours. Case in point: I had made a delivery and had just enough driving hours to get back to a town where I could park across from a UPS Store that had FREE WiFi. Well,… at the scale, a just on duty weigh master asked where I was going. I told him just down the road 30 miles where I could park, catch up on eMail and sleep. He told me that I wasn’t going to make IT because of my inspection. He had three complete Inspections he had to do on his shift and I was the first one. He checked out my log book, which was in order and told me, “You need to put yourself in the sleeper for the time you were unloading.” I ripped out the current page in the logbook and logged “Sleeper Time”. When he was finished I drove to my destination, caught up on my computer stuff and was in the sleeper for another 8 hours, sleeping. That’s what the “man” told me to do. Company Dispatchers are a problem. Several times in my only one year of driving I would be ON Duty, or Driving for over 24 hours. Dispatcher response, “No scales between where you are at and the terminal, come on in (or get fired).” I QUIT!!! Since 2006 I have substituted as a relief driver, vacation driver for a couple companies, Interstate. This year, I surrendered my CDL for a regular license. With the Air Ride. Orthopedicly designed seats in the Tractors, Driving is Fun. You do not really get tired. Team Driving is stressful. You never shut off the tractor. When your time is UP, you hit an Off Ramp, pull up the ON ramp, park and switch out, or you find a Truck Stop, drive through the fuel lane. You hit the sleeper, your partner grabs a cup of coffee and you are on the road again. (Imagine living in a bathroom with someone for an extended period of Time.) OTR Truck Drivers get paid by the mile. When you are on the road, the “Computer” doesn’t realize the reality of what is happening. The Driver has lost control of Driving, On Duty, Off Duty, and Sleeper Time. The Computer runs your life…

  14. Greg TorchiaHammertime July 20, 2018 at 3:42 am

    Jeff Bezos /globalists Weaponizing food
    and water for years small increments at a time control food and water control the people it ain’t rocket science simply supply and demand

  15. Vietkonggook July 20, 2018 at 5:24 am

    The fact we are so dependent on everything to survive on daily basis and being poisoned by corporations, this is going to be a disastrous end once a collapse of the system happens. This whole mess of what’s coming was so diabolical that span for decades. The shadow govern mentioned and deep state has been on this master plan ….it’s a matter of time they will pull the plug.

    They control everything from the money supply, banking credit, fake news, politicians both parties, courts, police, intel, big pharma, corporations, food production, academia, mega churches 501 C3, etc.

  16. Dan Wingert July 20, 2018 at 7:09 am

    The railroads can handle the long haul business.

    EDITOR’S NOTE: THERE IS NOT ENOUGH OF THEM

  17. AzFreedomFestFan July 20, 2018 at 8:13 am

    TRUCK DRIVERS PRAYER © 1/17 Kevin Shearer

    The sun is up another day.
    I shave and eat by 10.
    I take myself a shower
    and I’m on the road again.
    If I could win the Lotto
    life would be much better then
    and my pay seems less each week.

    Glory glory driving down the road I’m free.
    Glory Glory I love talking on c.b.
    Glory Glory sometimes it catches up with me and it’s time to rest right now.

    My thoughts are on the comfort
    of a pillow and a bed.
    I have driven for 9 hrs.
    and I feel about half dead.
    Though my day is finally over,
    I have bills to pay instead
    and my pay seems less each week.

    You can sing this to the tune of The Battle Hymn of the Republic Glory! Glory! Hallelujah!
    God Bless you Dave and family and all the truck drivers and families of America

  18. TRACY LAWRENCE July 22, 2018 at 6:22 am

    I am always looking for work opportunities on craigslist and this one caught my eye. Who would need to be spying on truck drivers at truck stops???

    https://columbia.craigslist.org/lab/d/data-collection-research/6639473545.html

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