politics

“Heartbreak” isn’t really the word I’d use here lol

This is just like Chinese Cultural Revolution. That destroyed their economy and it took them a few decades to rebuild.

It is easier to destroy but hard to build..I hope they learned their lesson.

Can we start vetting sources a bit better?

What is this site?

Zero fucking sympathy and this is just the beginning of the US collapse. There will be plenty of used trucks and trailers.

Fuller runs Freightwaves. He’s all over the place prognosticating the shipping and logistics community.

I could find no source for the OP post other than the linked popup “news” site.

Fuller is more recently quoted as saying the “recession” (the market downturn due to trump’s idiotic knee-jerk tariff implementation) is over and expecting a market change.

Dude’s an idiot, just another CEO analyst always trying to put a positive spin on any negative event to do with his industry.

"FreightWaves is the most trusted provider of global supply chain market intelligence. Our high-frequency price, demand, and capacity data and analysis allow our customers to benchmark, analyze, monitor and forecast the global physical economy."

Ironic. Although I guess their data wouldn't be very good at analyzing someone picking up the economy, turning it upside down and giving it a good shake.

It's disheartening that no one in this comment section applied some critical reading skills and questioned this source.

I'm not heartbroken. I'm perfectly OK to see this asshole living in a refrigerator box under an overpass.

...voting for business savvy...

Did this guy sleep through Trump's first term? Things are worse now than it was then but he messed things up the first time too.

Heartbreaking? Lol.

TL;DR:

Craig Fuller, founder of FreightWaves and once a potential Trump transportation pick, says the 145% tariffs on Chinese goods have triggered a supply chain collapse, truck traffic from LA ports is down 23%, with 50% import drops predicted. Even major logistics firms like Knight-Swift blame "toxic tariffs" for plummeting volumes.

I did not vote for a neutron bomb to wipe out supply chains and small businesses...

Yes you did jackass. People like him are the reason I don't have a job anymore.

I don't understand, why doesn't he just "pull himself up by by his bootstraps" and work harder. That's what they tell everyone else, right?

Spoiler alert they will still vote republican.

Bet they won't stop voting Republican tho

I'm heartbroken. But not for this motherfucker.

Craig Fuller thought he was voting for business savvy, not economic shock therapy.

Does he know anything at all about the felon who has left a long trail of failed businesses and can bankrupt ~~a casino~~ three casinos? Trump is doing pretty much exactly what he said he'd do and any CEO that doesn't know that deserves to be unemployed.

I'm sick of calling my senators I'm gonna start calling these guys and dunking on them

Heartbreaking? Nah. More like utterly infuriating that they were duped despite the prior term and decades of demonstrated corruption and incompetence.

I’ve no sympathy at all.

In his view, the 145% tariffs on Chinese goods are functionally an embargo, and they’ve been rolled out so suddenly that U.S. companies haven’t had time to adapt. “It’s too much too fast,” Fuller told reporters in a phone interview. “The economy can’t absorb it.”

If only an expert had known this beforehand.

Thoughts and prayers

Doesn't anyone care about the poor CEOs anymore? Lol. Trump said he was going apply tariffs, which always reduce trade. He's getting exactly what he voted for.

Man helps throw gasoline on his own house that was set fire by arsonist who told everyone he was going to burn houses ..... the man who threw gasoline around is now heartbroken that his house is on fire.