Rates are crashing and fuel to the moon!

I hate to sound like @Kenworth6969 but its been a rough week trying to book flatbed loads.

I've heard "let me call my customer to see if that load is still available" of course then its not

And

"That rate is firm"

Many, many times this week...

These guys taking loads from Ohio to California for $6200 must be siphoning fuel tanks while drivers are sleeping... That's the only thing I can figure. 45k tarped loads too.

 

Great, I love it. More is better for me. I've never seen so many semi trucks on the road, it's time to reduce them.

 

Mattawa, WA to Houston, TX, reefer load, for $2,800. What in the actual F. Posted for today!

 

Van loads been good this week due to

That lane is 6k minimum

 

the world is ending. doom. we will all die from an asteroid like the dinosaurs

 

Exactly. WA state for reefer is dead as all hell right now. Stay away! I sat at home for a week and a half before I got the load I just grabbed. Seeing lanes I’ve ran before be cut in half, the same lanes I ran just last month! I knew it got slow and low but not this bad.. hoping everyone is right about people giving up their equipment due to not being able to handle this market in the near future. We have a guy at our yard who hasn’t had his 3-5 rigs move for the last 1-2 months. Not sure what he’s up to.

 

2 months is a little too soon to go bankrupt.
There are so called cycles but you have to realize that the aggregate number of equipment to haul general freight: dry van, reefer, flatbed must have increased to historical levels in the last two years too So it will take awhile for this oversaturated condition to dry out.
I observed that for every year of a good rate market, it takes 1.5 year of poor market before things get better. Should I be correct then in two years from now, the rates will be back at the everyone's happy level again.
Better know how to make it on that $16 000 monthly gross from 8 000 miles.

 

It might happen sooner, just because of how much market has dropped. I don't see how anyone can survive on $2 per mile for long, even o/o with paid off equipment