Interesting reading.
My initial analysis especially regarding trucking is that the reason the trucking rates have come down is due to the price of FUEL. THAT is the largest factor in RATE charges.
Truckload shipments are always far cheaper than LTL shipments. Always have been and that ain't gonna change.
As to the Railroads, well, they have competition and what has significantly changed about MOST of them over the past quarter century? NOTHING.....
A few who have adopted measures to lower and reduce operating costs seem to be doing well.
Those who have not, well, these are who the article is speaking about.
So, if one is going to be in business, it is best if you decide to keep your operating costs under control. When there is a real slowdown, and the TRADE WAR is definitely causing a slowing of products coming into the country as a result of it, themn the volume of freight needing transport also slows down. A trickle down effect.
It will be interesting to see how this contnues to play out and hopefully the U.S. will be smart enough to start looking at other countries to get goods from besides China... Taiwan, Vietnam, Malaysia, Central America, South America, all have great quantities of people who would darly like to have steady employment and could easily replace China.....
JMO....
micro...
| 
