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re: Big rig orders plunge most since financial crisis
Posted on 4/7/16 at 1:39 pm to HailHailtoMichigan!
Posted on 4/7/16 at 1:39 pm to HailHailtoMichigan!
quote:
This seems odd to me
It shouldn't, oilfield transportation makes up a large percentage of freight in the industry, lack of oilfield freight has resulted in widespread reduction of freight rates throughout the country, so much so that a lot of these smaller, mom and pop trucking companies have trucked themselves out of business. Cheap freight doesn't pay the note on $150,000 shiny new big rig.
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