Truck Load Rates Halt 8 Week Slide 2.0

Discussion in 'Freight Broker Forum' started by Scooter Jones, Mar 7, 2020.

  1. 062

    062 Road Train Member

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    50AE7262-1F66-4D2F-A6CD-0157E54F2FBA.png You need to get over here on the east coast where the big $$$ is.
     
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  3. Oscar the KW

    Oscar the KW Going Tarpless

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    Means, someone was offended and that’s the best excuse they could come up with.
     
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  4. Scooter Jones

    Scooter Jones Road Train Member

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    In addition, I'm finally beginning to get some traction on the PPP funding a my local bank. See my post #104.

    If things go as planned, I'm probably going to park my truck for a couple of mos (or more) until things get a little better if they fall completely off the cliff, UNLESS there are loads to run at a profitable rate. I'm in far better shape financially now than I was during the great recession of 2008/2009 when I was a contractor. Will see how it all unfolds.

    One day at a time...
     
  5. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I wonder if creditors, etc., will ask,"Did you get a virus relief/ aid, loan, entitlement, whatever."
     
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  6. PPLC

    PPLC Road Train Member

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    One wonders at how any of this is going to shake out. It's simultaneously scary as hell, and equally fascinating.
     
  7. Brettj3876

    Brettj3876 Road Train Member

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    Then the 5 a mile will be 2.5 i get it on the one hand but on the other this site is a great public wealth of knowledge. Best rate in the last few weeks was from TQL go figure LOL
     
  8. Scooter Jones

    Scooter Jones Road Train Member

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    The cliff has arrived here in my area...

    Swanson Lumber, which is a huge plywood mill just laid off 300 workers, skeleton crew now in Glendale, OR. Eugene mill closing down soon as well.

    The owner used the word "indefinitely" to describe the shutdown...

    Boise Cascade in Medford is closed down right now as well. Seneca Falls mill in Eugene, OR down to a skeleton crew.

    A friend of mine who drives a shuttle truck for Roseburg Forest Products just texted me and said that today the company started asking for voluntary driver layoffs. RFP is a behemoth company here in the PNW.
     
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  9. TallJoe

    TallJoe Road Train Member

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    As I was saying in another thread, confusing it with this one, that loads out of the water plant in Pleasant Prairie, WI going to Chicago Land: Orlando Park, IL or Lenox, IL (about 70-80 miles each), for which I made a bid in Convoy app for $550 (I used to get $600-700 for those) were sold for $280 and $299, respectively - Convoy shows you now how much you lost in your bids.

    After fuel and tolls they are left roughly $190 - 200 for all night work and most of your 14 hour clock burnt. The pick ups were like 2 am - 3 am.

    Those who took them must have been rather desperate with no cash on hand and now they will eat any little bit of carcass they're able to find. I hope that this cliff will have a catalytic effect on the current overcapacity break down. It will expedite it into a sudden burst and the sooner the better.
    Another thing is that there is no way they can keep driver's pay here at 55c at these rates. I don't care if it is 1099 or W-2.
     
    Last edited: Apr 9, 2020
  10. Scooter Jones

    Scooter Jones Road Train Member

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    I personally know scores of company truck drivers, O/O & L/O on this lane that depend on lumber in vans, curtain vans and flat to move them south to Northern and Southern California.

    These mill closings will have a devastating effect on so many levels, it's almost incalculable in the long run if this continues.
     
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  11. TallJoe

    TallJoe Road Train Member

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    That's bad and scary. I am afraid that If the shut down continues for too long, more desperate people will die from suicides and violent acts than from Covid-19. At some point, majority of ordinary people would rather get their jobs back than worry about contracting the virus.
    I mean, if had only $375 dollars cash savings and bunch of maxed out credit cards, I'd say, f...Covid-19, I need to work. On the other hand, those who can hole up for half a year or more would rather wait it out...I can't blame neither...I don't know what to think any more.
     
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