Rates are crashing and fuel to the moon!
Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.
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Rideandrepair, Concorde, Dave_in_AZ and 1 other person Thank this.
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Another factor on cheap loads is some hit you for a claim that’s more than the load pays so you’re stuck fighting it wasting more of your time. Both sides have merit but if your equipment or time gets tied up costing you good outbound loads it’s not worth it . My boss bounces me home empty 1400 miles around 50% of the time after rates tanked and he’s okay with that because his outbound is priced round trip and he splits any reload with shipper 75/25 for him. Having the truck available next week is more important.
Beaver9, Rideandrepair, jcatel and 5 others Thank this. -
Most of loads are of more value than they pay.
Different operations have different characteristics. Carriers on the spot market are not much different than Uber Drivers in how they find freight, whereas contract freight requires commitment and obligation, so there's nothing special in your bouncing back.
Someone who does not have such obligations will go that distance for a rate.jcrack08, Rideandrepair, dwells40 and 1 other person Thank this. -
Things on DAT -on more and more lanes - are horrendous. 2 dol per mile, even on less than 300 mile hauls, is becoming rarity.
Last edited: Mar 21, 2023
Beaver9, Rideandrepair and 77fib77 Thank this. -
Brokers aren't making any money
Jubal Early Times Thanks this. -
But those who are will go to hell where on the gate to it the inscription says "Abandon all hope..."
Greed is a deadly sin.Beaver9, Rideandrepair, dwells40 and 1 other person Thank this. -
Shippers aren’t exactly stupid either, well, in some sense Atleast, they know the market is down and will fight to lower their transportation costs along with it, some smaller ones will pay a little increase for good reliable carriers they are familiar with, but all the corporate ones are just going to go down for the cheapest any way, and if the broker/carrier won’t get it, they will find one that willBeaver9, larry2903, Rideandrepair and 2 others Thank this.
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But they see you in the mirror.Rideandrepair and TallJoe Thank this.
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Greed is a deadly sin. Being a hypocrite isn't.
Rideandrepair Thanks this. -
Lol. 2 years ago I was more than happy to make what I could make. With all the tech layoffs happening, how much will that affect the regular economy? Idk. $1 question how long will it take trucking to bottom and thin out? Do they have new truck production solved?Beaver9 and Rideandrepair Thank this.
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