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Looooowwww Rates

Discussion in 'Ask An Owner Operator' started by Boundtransport, Feb 6, 2020.

Page 1 of 9
  1. Feb 6, 2020 #1
    Boundtransport

    Boundtransport Light Load Member

    70
    18
    Nov 1, 2018
    U.S.A.
    0
    Is anyone seeing a terrible trend on Dat load board? I’m seeing rates since January decline very fast. Currently I’m doing hotshot loads. I’m seeing rates not even being paid at $1.45 a mile. Today I’m seeing load going for 1.12 or even less see picture attached. What’s going on? 8B7C96EA-5657-4BF6-9E66-6F4E88ABED4E.jpeg
     
    Boundtransport, Feb 6, 2020
    Boundtransport, Feb 6, 2020
    #1
    Rideandrepair and Socal Xpress Thank this.
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  3. Feb 6, 2020 #2
    Majestic 670

    Majestic 670 Heavy Load Member

    908
    807
    May 10, 2016
    Landcruiser
    0
    Rates are in election year mode.
     
    Majestic 670, Feb 6, 2020
    Majestic 670, Feb 6, 2020
    #2
    mitmaks and Rideandrepair Thank this.
  4. Feb 6, 2020 #3
    DUNE-T

    DUNE-T Road Train Member

    6,380
    15,000
    May 10, 2015
    Detroit, MI
    0
    When did you start your business?
     
    DUNE-T, Feb 6, 2020
    DUNE-T, Feb 6, 2020
    #3
    86scotty Thanks this.
  5. Feb 6, 2020 #4
    Boundtransport

    Boundtransport Light Load Member

    70
    18
    Nov 1, 2018
    U.S.A.
    0
    Huh? Lol
     
    Boundtransport, Feb 6, 2020
    Boundtransport, Feb 6, 2020
    #4
  7. Feb 6, 2020 #5
    Boundtransport

    Boundtransport Light Load Member

    70
    18
    Nov 1, 2018
    U.S.A.
    0
    I have about a year and 5 months. Things weren’t this bad last year.
     
    Boundtransport, Feb 6, 2020
    Boundtransport, Feb 6, 2020
    #5
  8. Feb 6, 2020 #6
    DUNE-T

    DUNE-T Road Train Member

    6,380
    15,000
    May 10, 2015
    Detroit, MI
    0
    True, even though February is the slowest month, this year is worse than before
     
    DUNE-T, Feb 6, 2020
    DUNE-T, Feb 6, 2020
    #6
    shatteredsquare, Rideandrepair, Midwest Trucker and 1 other person Thank this.
  9. Feb 6, 2020 #7
    Freddy57

    Freddy57 Road Train Member

    1,731
    8,243
    Nov 29, 2013
    Mount Vernon, MO
    0
    February is a good month for visiting friends and family. I just get a load near where i want to be and then hang out for awhile and then get another to move to another place I want to be. As long as I pay the bills for the month that's good enough.
     
    Freddy57, Feb 6, 2020
    Freddy57, Feb 6, 2020
    #7
    77fib77, Dino soar, shatteredsquare and 3 others Thank this.
  10. Feb 6, 2020 #8
    jlafume

    jlafume Light Load Member

    241
    323
    Jan 6, 2011
    Victorville,Ca
    0
    The first quarter alwayz sux just enjoy some family time. An hit it hard when rates pick up
     
    jlafume, Feb 6, 2020
    jlafume, Feb 6, 2020
    #8
    shatteredsquare and Rideandrepair Thank this.
  11. Feb 6, 2020 #9
    runningman0661

    runningman0661 Road Train Member

    4,806
    13,125
    Mar 5, 2009
    Clover, South Carolina
    0
    Last year wasn’t a normal year, it was a perfect storm for good rates. Anyone that could fog a mirror could be profitable.The rates have normalized, better tighten the operation up and learn to be profitable under these conditions.
     
    runningman0661, Feb 6, 2020
    runningman0661, Feb 6, 2020
    #9
    77fib77, Dino soar, spsauerland and 2 others Thank this.
  12. Feb 6, 2020 #10
    Rubber duck kw

    Rubber duck kw Road Train Member

    6,084
    17,657
    Dec 9, 2017
    0
    Really, first quarter seems to be the best part of the year for me, and then the brokers all forget their New Years resolution to say no to stupidly cheap freight and it goes downhill, but that's hopper work.
     
    Rubber duck kw, Feb 6, 2020
    Rubber duck kw, Feb 6, 2020
    #10
    Rideandrepair Thanks this.
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