Rates Dropping????

I've had the best month this year. Maybe location or commodity specific?

 

Lots of newer hands buying trucks, it seems. More supply == lower rates.

My freight is good, but overall the economy seems to be slowing. Less freight to put in trucks.

 

I agree rates not where they were this time last year imo, nor the year before either. TQL ####### have attitude I still smack em though.

 

Rates do seem to be dropping. It is that time of year. Rates usually drop after Labor Day and starting of the new school year. Just don't haul the cheap loads and rates will rise. I find it amusing that some push that there is a driver shortage and rates drop. There seems to be plenty of freight, which is good. Rates should be higher, but again, they always drop somewhat during the fall.

 

That's what I'm seeing is the rates are dropping, Wash. St. rates seem to have really took a hit

 

I've been seeing some brokers getting really aggressive. I've been getting 10+ calls a day from the likes of PLS and TQL. I've just been running steady lanes with an oddball high dollar load thrown in. My regular customers keep asking whether or not I've got a second truck yet, and keep giving me the same rates they always have, even if their posted rates are lower.

 

I agree. Being out of Cali, we have seen rates drop ever since the 4th of July. Even backhaul is garbage for us. Wonder what it has to do with. I just hope winter will be different.

 

Rates are horrible in the southeast. Been bad for 2 months or so in Ga.

 

More Supply doesn't mean lower rates. Theres more freight needing to be moved than there are people to move it, less carriers (and drivers) means less competition. Less competition = higher rates, when there is low supply, more competition, so vice verca.