Stepping Out With My Own Numbers

There is a company called Magna and they supply the front air dam and active grille shutters in the new Ram pickups. The front air dam retracts at low speeds. If I could get something like that, it would be a good idea.

 

Saw this article today about Celadon after reading about their recent payment regarding falsifying accounting records. Some of these trucking companies are so shady. I also read that Falcon, flatbed company, has ceased operations. Another one of those no warning scenarios. Drivers were told to stop work immediately. I don’t understand how these companies can squander such an opportunity and they aren’t caught until they’re closing the doors. It paints a dark picture for the next couple years as things continue to soften. And, I think it will get really bad with so much new truck inventory hitting the market and the large backlog still to come, same with trailers.

Celadon Group: A Story That Ends At Chapter 11 - Celadon Group, Inc. (NYSE:CGI) | Seeking Alpha

 

These brokers are cutting rates substantially lately. I’m doing some short haul stuff in the Northeast right now. I wanted a long haul out, but it’s just too cheap. Even on this regional stuff, it’s like pulling teeth to get a fair rate out of them. I’m not going to pull something 1000 miles for 1.00-1.15 a mile, the loads coming up here don’t pay enough to take that kind of hit to get out. I’m still finding decent stuff but it takes longer to find it.

 

I usually average 2.05-2.15 all miles and it wasn’t difficult to do. Now it’s a little harder to find that. I’ve had a few months averaging 2.50-2.68 all miles. Those were really good ones.