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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Elsewhere who wrote (39662)	2/11/2000 7:46:00 AM
From: flatsville	Read Replies (4) of 99985

Jochen--Here in the upper Midwest independent truckers are taking small 10k and 20k loans and just parking their trucks rather than break even or run them at a loss. Loads run East present the biggest problem due to high fuel prices on the coast. In an interview a regional trucking broker claimed that another month of this would put him out of business and his truckers would have problems with making payments on their rigs. This leaves me wondering why they haven't just jacked-up their rates accordingly so they can run at a profit? Why they've decided to let the inflation buck stop with them so to speak? Inflation only appears to be insulated from oil price until these guys get smart. Perhaps a few weeks of no deliveries will make rate increases easier to swallow when it happens...and it will. These guys have effectively gone on strike and there are no replacement workers. >>>Re: Thursday February 10 6:41 PM ET Inflation Seen Insulated From Oil Price By Marjorie Olster WASHINGTON (Reuters) - The surge in world oil prices to nine-year highs on Thursday does not bode for a dramatic acceleration in U.S. inflation in the months ahead, economists said. ... Please don't look at that ^DJT chart.<<<

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