Rates are crashing and fuel to the moon!

Oh yeah beautiful scenery and In N Out burger

 

I’m not big on it, but everyone needs to see it I guess.

 

I'd be scared to inquire if the rates they pay leased on folks are anything in comparison to what they move loads on ITS for. Ya need a fuel loan to complete the load.

 

Light load, 45k lbs of feathers so should at least break even with fuel cost

 

Well well well, how the tables begin to turn…

The truckload capacity bubble is bursting

Truckload capacity tightens in August

6 charts reveal freight industry is bouncing back

 

Awesome I been waiting to buy a semi truck and get rich, nows my chance.

 

I mentioned in another thread things just seem to be bubbling. I'm in the reefer world and now is usually when things start to pick-up. Volumes seem to be increasing but rates are still being compressed. I'm not sure how much longer that can hold. My rates peaked in January 2022 and bottomed out in June 2023, with August 2023 slightly improving. I've been saying we would see a meaningful recovery in Q4 as that would be almost 24 months to cycle through this downturn.

 

#### dude! Is it terminal?

 

4% rejection rate is still bad.

 

would of been if I had to do another holiday traffic weekend In the north east

Anyone have thoughts in grabbing 85 in SD and cutting over 12 to bypass Wyoming? Curious as to an ok scenic route ….