Can we start vetting sources a bit better?
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this post was submitted on 24 May 2025
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"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.
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 also does the majority of its business selling pay for play to T&L business owners to be talking heads on podcasts, interviews, the you tubes and similar.
This is probably a play so that people don't think they're giving money to an org that's killing their business
It's disheartening that no one in this comment section applied some critical reading skills and questioned this source.
Will you please explain?
The source is garbage. The news site is rated as being Mixed Factual reporting. They don't identify who funds them, and they don't detail their sources.
They are left leaning and primarily lean in to discredit Trump. Trump does a good enough job discrediting himself without the need to fabricate or embelish stories to make him look bad. This "feel good" bullshit is the same sort of stuff that the right does to capture their viewers and feed them "alternative truth". Be better. Check your sources, and check whether this is reliable information.
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.
The article explains the differences. In the first term tariffs were targeted and rolled out slowly. The person in the article expected the same in Trump's second term.
The first term tariffs also caused reciprocal tariffs to be put in place that caused short term ($27B from mid 2018 to 2019) and long term damage to our agriculture industries by enabling other countries to develop their own industrial base to replace the US. Trump ended up bailing out US farmers with packages that equalled 92% of that the tariffs brought in.
I stand by my first statement. The farmer wasn't paying attention to the first term.
People have very short memories.
Heartbreaking? Lol.
Yes heartbreaking! I don't care about all those people being detained and deported unlawfully. But think of poor old me, I got what I voted for and now I'm sad! How could I've ever expected him to do what he's known for, running things into bankruptcy?!
remember until it affects them personally in a negative way they don't care about what this administration does. This is what make it so difficult to change a large population of trump supporter's minds, because they seem to not have much empathy for anyone but themselves.
Heartbreaking for them
Unfortunately I have no sympathy for these fools
They had a heart?
Won't somebody think of the hopeless CEOs?
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.
Hey, be fair to the guy. He only voted for all the ways Trump promised to hurt the people he didn't like, not for the ways Trump promised to hurt him.
Sucks, bro. Sorry. I tried to stop this.
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?
That is a real shame. All these people are choosing to be poor. The real trick of this whole thing is you need to be independently wealthy for it to work for you. If only these folks understood that, they might choose differently.
Spoiler alert they will still vote republican.
At some level, I'm just jealous of these people for getting what they voted for. I haven't gotten what I voted for ever since I was old enough to vote.
Bet they won't stop voting Republican tho
"See the next GOP president will fix it all with this one simple trick. Yup. It'll totally work. USA USA."
If that doesn’t work, elect them again!
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I'm heartbroken. But not for this motherfucker.
I'm sick of calling my senators I'm gonna start calling these guys and dunking on them
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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.
Three casinos.
I thought it was 5 casinos and a resort (with a casino on)...?
Edit:
Bankruptcies were...
1991: Trump Taj Mahal
1992: Trump Castle Hotel & Casino
1992: Trump Plaza Casino
1992: Trump Plaza Hotel (not a casino, just a hotel.)
2004: Trump Hotels & Casino Resorts
2009: Trump Entertainment Resorts (casino holding company. FFS, not only did he bankrupt casinos. Which is one of the most lucrative businesses out there, he also bankrupted a company that handles the casinos. How the fuck is that even -legally- possible to bankrupt a company that owns the most lucrative businesses!!!)
There are numerous other businesses that also failed spectacularly. Plus there 'businesses' that were just scams, the university that never was.
Promises of extensive redevelopment that got 'put on hold' after his golf courses got built etc.
6 total bankruptcies.
And he always proudly points out that he himself has never been personally bankrupt. Somehow, the fact that he always manages to bankrupt his investors instead of himself was seen as a good reason why America should become his next big investor.
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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.
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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.
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