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Truckers News The Dimmer Switch. Got some interesting truckers news you want let others to know about? Let drivers know here. Discuss trucking news. What do you know that other truckers don't? Basically a current events message board. International Truckers News

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^ Top   #1   09.09.2009

rookietrucker Trucker Forum STAFF   Last Seen: 3 Hours Ago 08.49 PM Member Since: Jul 2007 Trucker? Trucking Industry Posts: 4,981 My Trucking Photos: 0 Thanks: 1,390 Thanked: 1,930 Times My Truckers Blog : 2

Truckload Rates Still Sliding Truckload Rates Still Sliding Spot pricing at times below intermodal, analyst says, from “desperate” rate policies Quote: Freight rates in the truckload market, competing in many cases with rail-truck intermodal traffic, are steadily declining “without solid evidence of bottoming,” said transport stocks analyst John Larkin of Stifel Nicolaus. Larkin said his group had held meetings in the past week with executives of “various publicly traded and privately held truckload and intermodal providers,” and spot pricing for truckload freight “remains under pressure.” Some truckload rates have “come in below intermodal rates and below what many carriers believe to be truckload variable costs,” he told clients. “We believe this level of spot pricing is unsustainable for the smaller, less-capitalized carriers that seem to have adopted what we consider desperate pricing policies.” more here>> Truckload Rates Still Sliding __________________

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^ Top   #2   09.09.2009

rookietrucker Trucker Forum STAFF   Last Seen: 3 Hours Ago 08.49 PM Member Since: Jul 2007 Trucker? Trucking Industry Posts: 4,981 My Trucking Photos: 0 Thanks: 1,390 Thanked: 1,930 Times My Truckers Blog : 2

Three Carriers Suspend All-Water Service Three Carriers Suspend All-Water Service Lines cut capacity on trans-Pacific lanes with pressure to increase rates Quote: Three container lines will suspend a joint service between Asia and the U.S. East Coast, the carriers announced Wednesday, cutting back capacity on trans-Pacific lanes where liner companies have been pressing to pump up long-depressed rates. CMA CGM, Hyundai and Maersk said they will drop the all-water loop through the Panama Canal after the last eastbound departure Sept. 27 from China. But CMA also insisted the move is only a suspension of service in response to market demand that it expects to recover. more here>> Three Carriers Suspend All-Water Service __________________

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^ Top   #3   09.09.2009

Owner's Operator Medium Load Member   Last Seen: 2 Hours Ago 09.34 PM Member Since: Aug 2008 Location: Chicago IL Trucker? 3 Years Age: 26 Posts: 599 My Trucking Photos: 0 Thanks: 113 Thanked: 90 Times

WOW! It won't end until all O/Os are out of business and the only trucking outfits left are the Swifts and JB Hunts of the world. __________________ I am an Owner's Operator not an owner operator.

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