The Roemer Report

July 2018 - Red, White and BOOM!

Another American summer is off to a sizzling start and across the contiguous USA our roads are humming with travelers going on vacation and commercial freight truckers moving this great nation’s freight – and economy - to new and very prosperous places. And that means independence and liberty for everyone.

The Fireworks Started Popping Off Early

The fireworks in the U.S. trucking economy started popping off well before the Fourth—just like the ones you would sneak from your Dad’s stash in June when he wasn’t looking. It only takes a single flame to light an M-80, but for the summer of 2018 there are three hot economic sparks lighting things off with a bang: Tightening Capacity, Demand for Trucks, and our ineradicable Driver Shortage.

As the current administration’s efforts to cut taxes and deregulate business continue to skyrocket the U.S. economy like a brilliant firework filling the night sky, the President’s policies are sending disposable income and consumerism ever skyward. Just as fireworks must be handled with care, a sparking summertime economy can elevate inflation as demand increases for everything and things are clearly starting to get hotter, especially in trucking.

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