Why is FREIGHT SO CHEAP??

Excess capacity in the trucking market right now. There's more empty trailers currently then there are loads. I was reading in JOC that Swift and Werner right now said they are under and have been dealing with customers who want a beat down on pricing. They are not at equilibrium and I guess right now there is 10% available capacity as opposed to 2014 when there wasn't and everything was even Steven.

I know Intermodal freight has also really been kind of slow and LTL freight for 2015 as industry they were down -0.5%.

 

Cat has had 41 consecutive months of declining sales

 

Also lost a dedicated weekly conistoga multiple stop load to the east coast in January. Last couple of times I was in there there was a KW 400 that literally had a sleeper TAPED to the cab. 45 x 96 trailer with pipe hanging 6 foot over the back with plastic Home Depot tarps and a shredded trailer tire.

They went %100 broker in January. Never see the loads on the board.

 

Yea, pick up location is UNION and most deliveries were to UNION shops as well. Was never loaded there in LESS than 6 hours.

 

Glad my outbound pays well and nobody else want to haul it

 

Carefull. We charged well for thoes loads because originally no one else would haul it. We held firm on our rate to the bitter end. I was there 18 hours to load one time.

 

Your right but you don't know what I haul lol

 

OP, if it's so easy to be a broker, why don't you go ahead, sit at home and gross $1 mil annually? Oh wait, you got no time for cold calling shippers and knocking on the doors, because you are too busy complaining on the forum, that everybody is getting rich besides yourself

 

That is what a broker does you are the man on the street looking for the freight. Your watching to see what people need moved and then your competing with other brokers for that business. You might not have to own a truck per-say, but at the end of the day if you don't have any freight to broker you don't have much of a business and are starving all the same.