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  #1  
Old 11-05-2009, 06:19 PM
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JoshInReno JoshInReno is offline
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Observations From Recent Travels in Business

My new(er) position keeps me on the road quite a bit, and lately has been no different. In the last 2 weeks I have spent time in Miami, Orlando, Charlotte and (at the moment) Las Vegas.

While in Florida I spend quite a bit of time with industry leaders from all over the world. These are the wealthy, well educated, well read, VERY well traveled, fluent in half-a-dozen languages type of people. Not exactly my usual crowd, but pleasant enough.

They are also very current on US politics, as this greatly effects their bottom lines. And let me tell you... they are scared. Very scared. O has the industrial leaders freaked out. These are the people who manufacture the parts that keep OTR trucks and heavy equipment moving. Its no secret that those two industries (trucking and construction) have all but collapsed in the US. What is not as widely known is the companies responsible for the supply of repair parts are not taking orders. Almost seriously nothing from the domestic markets. And this industry operates in 6-12 month out cycles, so there is nothing on the horizon as well.

To say these people are in retreat mode is in a massive understatement. The only thing keeping this industry alive (for domestic companies) is exportation. There are pockets of the world that are still producing (think oil and mining), and so we go where the activity is. And that activity is not in the US.

More and more, I am thinking this country is in a spinfall.

(Another thing I have learned: Caterpiller is not nearly as much of an American Institution as the average observer would think. Those machines are assembled with parts manufactured from every corner of the globe. I had lunch with the Japanese company that makes their piston rings yesterday. Just food-for-thought. We are already in a global economy, and I don't think anything will ever change that.)
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Old 11-05-2009, 07:00 PM
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Thanks for the observations, Josh. My life hasn't always been as small as it is now, but it is that way by design. Not that I'm myopic, but it's good to hear what the cosmopolitan jet setter business men are feeling.
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Old 11-05-2009, 07:07 PM
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Actually, it could change, at least to some extent. When it the cost to transport the parts causes their prices to exceed what it would cost to produce them locally, things will change.
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Old 11-05-2009, 07:48 PM
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Quote:
Originally Posted by The Freeholder View Post
Actually, it could change, at least to some extent. When it the cost to transport the parts causes their prices to exceed what it would cost to produce them locally, things will change.
Yep...that's what I was thinking. Reading The Long Emergency really makes a person think.
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Old 11-06-2009, 07:41 AM
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This is an important, thoughtful observation that bears serious reflection. Bumping for the day crew.
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  #6  
Old 11-06-2009, 08:42 AM
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Cargo train

I was in a little hamlet called Bristow Va. earlier this week and a freight train cam thru that was almost empty...of some 60 to 80 cars I would say better than 75% were empty. So if this is a regular occurance, and trucking is hurting,how are we moving goods? I think we all know the answer to that.....we aren't!
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Old 11-06-2009, 09:26 AM
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Quote:
Originally Posted by Volleyball Granny View Post
Yep...that's what I was thinking. Reading The Long Emergency really makes a person think.

I agree things are going to get a lot more local on the downside of peak oil. What I want to know is how we are going to bring all those plants back on line that have been outsoursed around the world? During a world wide depression no less? With the currency about to collapse? How are we going to down size the mega plants and mega farms to be refited to meet local demands, local labor, locally available energy and locally available resources? This not going to be good.
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Old 11-06-2009, 09:30 AM
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What a house of cards we are living in. It's truly amazing that we've gone this long without collapsing. And as we go, so goes the world.
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Old 11-06-2009, 09:35 AM
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so true amazed. I am amazed the charade continues, too.
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  #10  
Old 12-08-2009, 09:21 PM
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Hey Dio, if the cars were open topped, they were coal cars, and probably heading back to West Virginia.

If they were heading north or east, hmmm.
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