Truck Load Rates Halt 8 Week Slide 2.0

I don't know how to use that surfboard of yours. I am not much of a sailor either...so I can only row my boat.

 

Looks good Joe. Im not that fancy with spread sheets like you and scoot. Month of Nov is 3.65 all miles for both trucks combined. Hardly any empty miles

 

I'd say it keeps in the median of dry van opportunities. Reflection of the recent spot market.
Certainly, you could expect reefers be way better than that. Or those who can ride the waves...

I wish it stayed like that for some longer time but it is too easy and too good.
Existing fleets are expanding and more newcomers are wanting the taste of it too.

 

Can confirm this. The new entrants are on the uptick...

 

And the cycle continues Lol. Then comes cheap used repo trucks

 

Yep. I've been hearing the old, "Now, my authority has only been active for x months... Is that gonna be a problem?" a *lot* the last few weeks.

 

Good info. Maybe come Feb 1 they’ll do another shut down and all the new grass will get clipped. Those with roots will maintain until conditions are favorable once again.