WAIT AND WATCH.......WHAT IS HAPPENING? CONNECT THE DOTS
Moreover, the pandemic showed just how difficult a sudden stop-start is to manage. As activity resumed following lockdowns, warehouses delayed container pickups, jamming terminals. Investors are already getting the message, with the Dow Jones Transportation Average index down 14% this year. At this point, there may not be a course left to chart around the impact.
All of this will eventually feed through to the onshore business of moving goods from point A to point B. Some 3.5 million people are truck drivers, says the American Trucking Associations
, opens new tab, more than all U.S. firefighters, police and correctional officers combined. A slowdown threatens not just the industry, but the broader economy.
Flatbed truck delivery rates slipped for the first time this year
, opens new tab during the week ending April 18th, according to industry research outfits Truckstop and FTR. Shares of 101-year-old hauler Saia plunged 31% after badly missing analyst expectations for its first-quarter results. Finance chief Matthew Batteh said April shipment growth has turned negative compared with last year, following a 3% bump in March.
Any relief on levies may be too late to avoid some pain. United Parcel Service announced 20,000 job cuts, as it sheds some 50% of shipping volume from its biggest customer, Amazon.com (AMZN.O)
, opens new tab. Andy Jassy, Amazon’s CEO, said both merchants and his team moved to stockpile inventories, implying a downshift to come.
FredHayek wrote: UPS's union drivers are simply too costly so Amazon hired non union drivers to replace them.
Your bold prediction? Who knows if it will come true. Trump keeps waffling on his tariffs.
You call it waffling, I believe it’s the only strategy that has a chance of working. You start high and see how much you can get with the leverage you have. Who besides Trump has ever seriously worked to level the playing field… even just a little? Certainly none of the moderates that don’t want to mess with the system that protects them.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
FredHayek wrote: UPS's union drivers are simply too costly so Amazon hired non union drivers to replace them.
Your bold prediction? Who knows if it will come true. Trump keeps waffling on his tariffs.
You call it waffling, I believe it’s the only strategy that has a chance of working. You start high and see how much you can get with the leverage you have. Who besides Trump has ever seriously worked to level the playing field… even just a little? Certainly none of the moderates that don’t want to mess with the system that protects them.
JUST SAW THIS.....THE STRATEGY IS IFFY.....IN REAL ESTATE,IT IS NOT A GOOD PLAN.....AN HONEST REALTOR WILL TELL U THAT THE CMA WOULD BE THE WINDOW OF PRICE POINT.;....GO HIGHER AND THE HOUSE SITS ON THE MARKET FOR MORE DAYS,WEEKS WITH FEW SHOWINGS....THEN AFTER A PERIOD OF TIME THE SELLER GETS THE POINT...IT'S TOO HIGH AND PEOPLE R WALKING AWAY RATHER THAN ASKING FOR A SHOWING....THEN GUESS WHAT, A SIGN GOES UP "new improved price,price adjustment,reduced'......THE REALTOR WAS DEAD ON, THE PRICE POINT THE REALTOR SUGGESTED WAS THE CORRECT GAME PLAN. i HAVE BOUGHT AND SOLD 8 HOUSES IN 32 YEARS....PRICED DEAD ON, ONE SOLD IN 24 HOURS
THE LONGEST WAS 2 WEEKS IN ALASKA.....IF U R WILLING TO WAIT IT OUT FOR A LONG PERIOD OF TIME,U MIGHT GET CLOSE TO WHAT U WANT.....BUT THAT ENTAILS MORE TROUBLE THAN IT IS WORTH TOO KEEP THE HOUSE "STAGED" AND IMMACULATE FOR ANY BUYER WHO WANTS A SHOWING.,WHENEVER THAT IS. AND IF U DO NOT LIKE STRANGERS IN YOUR HOUSE, IT IS EVEN MORE IMPERATIVE TO PRICE IT CORRECTLY.. OPEN HOUSES? NOT FOR U, BUT FOR THE REALTOR TO MAKE CONTACTS FOR OTHER LISTINGS.
There is never only one winning strategy. It all depends on the situation. You chose to give up some money for your convenience. How much did you leave on the table? 10%? 5%?
If they sense your desperation, they will take advantage of you. Or another buyer could take advantage of the original buyer's waiting tactics. Having had a home on the market for six months, it can get expensive and time consuming to keep up appearances.
Thomas Sowell: There are no solutions, just trade-offs.