Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. Last Call

    Last Call Road Train Member

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    This new variety must be really deadly.. because old plastic Nancy has a does if it.. if it can live in that old witch's body then there's no vaccine capable of stopping it
     
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  3. kranky1

    kranky1 Road Train Member

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    The only ones who are going to suffer are the ones hauling cheap broker #### and supporting those thieves, and the ones paying office towers full of suits and skirts. I can’t see it being a bad thing to thin either of those out a bit. Be like the first few years of de-reg all over again. JB and Punkin’ crying like mother####ers while I was growing. Those same people still say the ‘80’s were the worst decade in trucking ever. I went from 1 to 8 trucks. One man’s disaster is another man’s opportunity.
     
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  4. Long FLD

    Long FLD Road Train Member

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    Brokers won’t go anywhere or get thinned out just for the simple fact that large corporations have no interest in paying for or staffing their own traffic department to move their freight
     
  5. Dadetrucking305

    Dadetrucking305 Heavy Load Member

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    Here’s my opinion on all of this.First off I believe there was a higher load to truck ratio because if the backlog of products due to the pandemic,so with carriers having the ability to pick and choose whatever loads they wanted brokers had no other option but to raise the rates to all time highs in order to move their freight.With all the stuff that was backlogged in warehouses now delivered and the amount of new authorities that popped up post Covid the load to truck ratios have reversed and are Now normalizing with the exception of an over abundance of trucks.Slowly but surely all those new authorities and even old carriers that purchased extremely expensive equipment based on the market at the time and running spot market freight will start to fall off and eventually the ratios will balance out better.As far as fuel goes I don’t see it going down a whole lot with the war in Ukraine raging on and Russian crude only going to hostile nations.Just my opinion.
     
  6. kranky1

    kranky1 Road Train Member

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    I don’t know. I haul for some pretty big multi-national corporations. Somebody always answers the phone when I call looking for freight. I could pay for a Loadlink subscription and haul the same loads for 30% less than I’m doing them for now I guess. Maybe I’ve been doing this wrong all along.
     
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  7. Long FLD

    Long FLD Road Train Member

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    Weird, all I said was brokers weren’t going anywhere. Not sure how you read that as you’re doing it wrong. Anyway, let’s say someone moves 1000 loads a week. Do you really think they want to deal with 2-3000 different truckers to move those 1000 loads or do you think they want them gone with one email to one brokerage? You don’t have to like them or use them but to act like they don’t provide a service to their customers is foolish.
     
  8. Midwest Trucker

    Midwest Trucker Road Train Member

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    Send me your list and I’ll confirm to everyone it’s legit. ;) :D
     
  9. Oscar the KW

    Oscar the KW Going Tarpless

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    You run Canada now? Haha
     
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  10. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

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    I remember paying 20% interest on a car loan in the early 80s and my house that I'd bought in 1972 I was paying 6.5% on. One saving grace though was that until the Tax Reform Act of 1986, you could deduct just about any interest paid- cars, personal loans, credit cards etc- on your income taxes.
     
  11. TallJoe

    TallJoe Road Train Member

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    This Monday is horrible for outbound Chicago freight.
    Last time I have seen something like that was 2 years ago.
    It pays 50% less than six-seven weeks ago.
    I even posted my truck, which I do rarely, but nobody serious called.
    Ho ho ho ho ho!
    I could not go, even though I was ready.
    Instead, I'll go for a walk for a rendezvous with Miss Spring...
    I miss Miss Spring.
    ho ho ho ho ho!
    The ship has sailed....come back to the shore!
    come back to the shore!
    come back to the shore!
    ho ho ho ho !
     
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