Rates are crashing and fuel to the moon!

I think they are just hitting walls and slowing down. Not sure they stopped in it tracks. On another note I did get a rate cut that was still pretty good by about .30 cents a mile. That kind of sucked but it was one of the higher rates that stayed for a while.

 

Don't know, but NASA just launched a mission to the moon, so we should know if fuel has reached there yet, soon...

NASA’s CAPSTONE Mission Launches to the Moon

A small NASA-financed spacecraft launched from New Zealand on Tuesday, kicking off the space agency’s plans to send astronauts back to the moon in a few years.

The spacecraft, called CAPSTONE, is about the size of a microwave oven. It will study a specific orbit where NASA plans to build a small space station for astronauts to stop at before and after going to the moon’s surface.

At 9:55 p.m. local time (5:55 a.m. Eastern time), a 59-foot-tall rocket carrying CAPSTONE lifted off from a launchpad along the eastern coast of New Zealand. Although the mission is gathering information for NASA, it is owned and operated by a private company, Advanced Space, based in Westminster, Colo.


For a spacecraft headed to the moon, CAPSTONE is inexpensive, costing just under $30 million including the launch by Rocket Lab, a U.S.-New Zealand company.


The first two stages of Electron rocket placed CAPSTONE into an elliptical orbit around Earth. For this mission, Rocket Lab essentially added a third stage that will methodically raise the altitude of the spacecraft over the next six days. At that point, CAPSTONE will head on its way to the moon, taking a slow but efficient path, arriving on Nov. 13.

 

I'm out here working this 4th of July weekend. Gonna be a roller dog dinner tonight with the crash happening... Gotta budget my money...

 

Don't do the roller's man. Don't do it. We need you.

 

It’s fairly well known I’m a carrier and broker… we have been holding our rates to carriers thru this whole thing but when I have multiple carriers wanting to book out a week in advance blowing up our inbox then it’s time to lower the rate a bit. It’s just a matter of time before the customer wants a rate reduction so since we got hammered on the way up, we gotta do a little hammering on the way down. Of course there are some ruthless brokers out there but many atleast small companies such as my own are trying to tow the line.

Everyone has someone to answer too and let me tell you the increases came with some very difficult and hard conversations where we’re losing money and it’s do or die.

There have been plenty of customers that are more spot oriented where your competing against other carriers and brokerages and that’s been a race to the bottom. The more “contract” stuff one hopes things get better before it comes time to bid again but it doesn’t look like that is going to be in any of our favor. Things will likely continue to fall as we’re not close to the bottom of the economy nor supply of trucks.

Plus, according to TTR I must also add my esteemed surcharge. Can’t forget that as I’ve been a poster in the 2.0 slide thread. (For Dave and Jon Jon)

 

This was 4/1/21. I don’t know if we’ll see rates this low, but I think it’ll be this time next year before we reach the bottom.

 

I can't understand why anyone would take that when it doesn't even cover their fuel expense?

 

Wow.

 

The key to success in a down market is finding your niche in a specialized segment.

 

That's a lot moar than we're getting. Could you post the broker name?