Fleet Maintenance - 38

E CO N O M I C O U T L O O K

Uncertainties with
today's global economy
Origins and progress of the current trade and tariff dispute.
A very long time ago, when I was working
for a bank, I had occasion to deliver an interest
rate forecast at a meeting held at one of the
large hotels near O'Hare International Airport
in Chicago. The message of the forecast was
that the Federal Reserve was not going to raise
interest rates in the immediate future.
As I left the meeting I walked by the newsstand (they had those then) in the lobby of the
hotel where I saw the clerk stacking the evening
edition of the newspaper (they had those then,

By Robert Dieli

ECONOMIST, MACKAY & COMPANY AND PRESIDENT,
RDLB, INC.
MacKay & Company specializes in market research for
commercial trucking, construction equipment, and
agriculture machinery. The company provides strategic
research and analyses to vehicle and component manufacturers, distribution and service channels, industry
associations, and private equity firms. With a long career
managing portfolios and coordinating domestic economic
forecasting programs, Dieli began RDLB, Inc. in 2001. In
this role, Dieli serves as an advisor to many firms in the
truck, consulting, and financial services sectors. He is also
an economist with MacKay & Company.

38 Fleet Maintenance | July 2019

too). The headline read: Federal Reserve Raises
Interest Rates.
Why am I telling you this? Because there is
a chance that some of what you are going to
read here will have been rendered obsolete
by events that occur between the time this is
written and when it appears before you. That

» The economy moves at such a speed
that what you're reading now could be
rendered obsolete by tomorrow.
iStock

said, I would like to offer a few observations
about the origins and progress of the current
trade and tariff dispute.

Multiple fronts of the dispute

The first thing we need to recall is that the trade
and tariff dispute has multiple fronts. While
our differences with China receive most of the
headlines, we should not forget that we also
have pending issues with Canada, Mexico, and
the European Union.
» The U.S. tariff dispute includes
not only China, but Canada, Mexico,
and the European Union as well.
iStock



Fleet Maintenance

Table of Contents for the Digital Edition of Fleet Maintenance

Uptime - How you can make the most out of your shop's ROs
Foundation for success: How do you find and keep technician talent?
Vehicles - Examining the e-systems available for today's fleets
In the Bay - Do techs understand the fundamentals of electrical system diagnosis?
Shop Operations - How to assess replacement parts
Reman, Rebuild, Replace - Reasons fleets should consider reman
Economic Outlook - Uncertainties with today's global economy
Tire Tactics - Factors to help determine the lifecycle of tires
Management - The "shop improvement" conundrum
Fleet Parts & Components
Tools & Equipment
Classifieds
Guest Editorial - Increase shop efficiencies through fluid management
Fleet Maintenance - 1
Fleet Maintenance - 2
Fleet Maintenance - 3
Fleet Maintenance - 4
Fleet Maintenance - 5
Fleet Maintenance - 6
Fleet Maintenance - 7
Fleet Maintenance - Uptime - How you can make the most out of your shop's ROs
Fleet Maintenance - 9
Fleet Maintenance - Foundation for success: How do you find and keep technician talent?
Fleet Maintenance - 11
Fleet Maintenance - 12
Fleet Maintenance - 13
Fleet Maintenance - 14
Fleet Maintenance - 15
Fleet Maintenance - 16
Fleet Maintenance - 17
Fleet Maintenance - Vehicles - Examining the e-systems available for today's fleets
Fleet Maintenance - 19
Fleet Maintenance - 20
Fleet Maintenance - 21
Fleet Maintenance - 22
Fleet Maintenance - 23
Fleet Maintenance - In the Bay - Do techs understand the fundamentals of electrical system diagnosis?
Fleet Maintenance - 25
Fleet Maintenance - 26
Fleet Maintenance - 27
Fleet Maintenance - 28
Fleet Maintenance - 29
Fleet Maintenance - Shop Operations - How to assess replacement parts
Fleet Maintenance - 31
Fleet Maintenance - 32
Fleet Maintenance - 33
Fleet Maintenance - 34
Fleet Maintenance - 35
Fleet Maintenance - Reman, Rebuild, Replace - Reasons fleets should consider reman
Fleet Maintenance - 37
Fleet Maintenance - Economic Outlook - Uncertainties with today's global economy
Fleet Maintenance - 39
Fleet Maintenance - Tire Tactics - Factors to help determine the lifecycle of tires
Fleet Maintenance - 41
Fleet Maintenance - 42
Fleet Maintenance - 43
Fleet Maintenance - 44
Fleet Maintenance - 45
Fleet Maintenance - 46
Fleet Maintenance - 47
Fleet Maintenance - 48
Fleet Maintenance - 49
Fleet Maintenance - 50
Fleet Maintenance - 51
Fleet Maintenance - 52
Fleet Maintenance - 53
Fleet Maintenance - Management - The "shop improvement" conundrum
Fleet Maintenance - Fleet Parts & Components
Fleet Maintenance - 56
Fleet Maintenance - 57
Fleet Maintenance - Tools & Equipment
Fleet Maintenance - 59
Fleet Maintenance - 60
Fleet Maintenance - Classifieds
Fleet Maintenance - Guest Editorial - Increase shop efficiencies through fluid management
Fleet Maintenance - 63
Fleet Maintenance - 64
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https://www.nxtbook.com/endeavor/fleetmaintenance/april2020
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https://www.nxtbook.com/endeavor/fleetmaintenance/march2019
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