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Class 8 Truck Orders Plunge 39%; Large Truck Sales vs. Recessions
fxstreet ^ | 6 May 2016 | Mike Misch Shedlock

Posted on 05/08/2016 6:33:17 PM PDT by fella

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To: fella
Check out the Baltic Index if you want to see international trading rates for ore, mining ,manufacturing, etc...
Currently at a new time low !
21 posted on 05/08/2016 7:25:25 PM PDT by Tilted Irish Kilt ( British historian Arnold Toynbee - Civilisations die from suicide, not by murder.)
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To: fella

So many people posting about trucks. This thread is not about truck sales. It is about our economic health and what plummeting truck sales indicate. As an indicator, it means shipping has been way down and fleets are lasting longer because they are handling a reduced number of goods. It shows a gradual decline in overall economic activity.

There is no recovery. We have been in one very long but well masked recession deceptively hidden with creative accounting and government money printing.


22 posted on 05/08/2016 7:25:30 PM PDT by Freedom_Is_Not_Free (The Confederate Flag is the new "N" word.)
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To: fella

I didn’t think this went through because when I posted it I got a blank screen.


23 posted on 05/08/2016 7:26:11 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: ripley; fella
ripley :" “...fundamental change....”

Only in ObaDinga's mind !
We're in a recovery - read the newspapers, and the media !! FUBO !

24 posted on 05/08/2016 7:29:17 PM PDT by Tilted Irish Kilt ( British historian Arnold Toynbee - Civilisations die from suicide, not by murder.)
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To: fella

Everyone is hold out for the new Tesla rig coming soon. The hybrid version just like the diesel electric train engines made by GE. Made in partnership with Snecma S.A. is a French multinational aircraft and rocket engine manufacturer headquartered in Courcouronnes, France.


25 posted on 05/08/2016 7:32:58 PM PDT by ThomasThomas (Fools find no pleasure in understanding but delight in airing their own opinions.)
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To: headstamp 2

Just retired out of Peterbilt we called them kits. Chassis and cab without engine and transmission, most have axles but some don’t have drive axles.

There’s an outfit that buys a bunch of them and puts Detroit engines in them. The rumor was that Detroit is the only engine that doesn’t require DPF.


26 posted on 05/08/2016 7:35:01 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: Freedom_Is_Not_Free

Obama and co have reached the end of their economic bag of tricks.


27 posted on 05/08/2016 7:40:23 PM PDT by Crucial
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To: Crucial

He’s setting us up for a world wide depression for next year. Of course after that comes war.


28 posted on 05/08/2016 7:43:43 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: MountainDad

Makes you part of the 71 percenters:)


29 posted on 05/08/2016 7:51:11 PM PDT by Cold Heart
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To: Freedom_Is_Not_Free

“There is no recovery. We have been in one very long but well masked recession deceptively hidden.......”

Absolutely.


30 posted on 05/08/2016 7:58:24 PM PDT by rockinqsranch (Dems, Libs, Socialists Call 'em what you will, they all have fairies livin' in their trees.)
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To: fella

Significant.


31 posted on 05/08/2016 10:01:44 PM PDT by traderrob6
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To: fella

My contact lens company is going again through the same trouble it had in 2008. Disposable Contact lenses are a good indicator of Middle Class ease in wealth. They are like canaries in the coal mine type products.

We have been told to scale back our production because our sales force has not been able to keep up, and this is not just because of lost market share. In 2008 they fired brutally a bunch of people that were valuable knowledge and they vowed not to do that. again, so we only are being reassigned.

This is not good, this came as a surpirsed after weeks of being admonished to maximize production and time efficiency on machines. There might be something else coming.


32 posted on 05/09/2016 3:22:25 AM PDT by lavaroise (s)
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To: Freedom_Is_Not_Free

Yellen and Fed Reserve games have been done solely to bail out the Obamaeconomy. China is supporting hismpresidency,mitmis obvious, by financing our low interest rates.


33 posted on 05/09/2016 3:26:48 AM PDT by lavaroise (s)
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To: lavaroise

Glad I got LASIK years ago.

I was too dependent on contacts.


34 posted on 05/09/2016 3:31:35 AM PDT by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: fella

“He’s setting us up for a world wide depression for next year.”
Some would argue that it’s already here.

“Of course after that comes war.”
Absoluty.


35 posted on 05/09/2016 5:22:52 AM PDT by Carthego delenda est
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To: headstamp 2

Well spec’d used trucks that are pre-EGR, DPF, DEF bring a good price at auction. Some buyers are happy to avoid all the emissions technology in newer trucks which translates into more downtime and higher maintenance costs.


36 posted on 05/09/2016 5:29:21 AM PDT by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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To: MountainDad

From the Denton plant?


37 posted on 05/09/2016 5:42:26 AM PDT by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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To: oscar_diggs

They make a “convertible”. It comes as a 9 speed spec’d for company fleets. Then when the trucks is ready to be remarketed to Owner Operators, they convert it to the 13 spd. O/O’s just like more gears :-)


38 posted on 05/09/2016 5:44:55 AM PDT by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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To: smokingfrog

Texas has one called TERP.


39 posted on 05/09/2016 5:46:23 AM PDT by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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To: smokingfrog
We need a cash for clunkers program for big rigs.

Texas calls their program TERP. http://www.tceq.state.tx.us/airquality/terp/rebate.html

40 posted on 05/09/2016 5:49:00 AM PDT by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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