Sorry folks, you’re too late to the game. If you get in now, it’ll be extremely unlikely you make it. The high rate ship has sailed.
This week we are seeing 1.5 load to truck ratio which is terrible. 3 loads to truck is considered balanced for a dry van. The last year to year and a half we saw 6 to 1 up to 14 to 1. Reefer and flat bed is hurting badly too.
Good luck. If you hadn’t made the jump yet then I’d stay put. Waters are getting extremely choppy. Maybe it’ll settle down but for now it doesn’t look good.
Fair warning friends. I didn’t think we would see this until exactly a year from now.
Getting Truck / Authority Beware - The Ship Has Sailed
Discussion in 'Ask An Owner Operator' started by Midwest Trucker, Oct 18, 2018.
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Jed2009, BoyWander, Mattflat362 and 8 others Thank this.
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The sky is falling
20 Mule Team, Tropsnart, Opus and 2 others Thank this. -
Exactly why I bought a $15000 truck.
88228822, shatteredsquare, Rideandrepair and 2 others Thank this. -
In seriousness I believe you aint got a new truck already and rolling it, you are a shell too late to save the Bismarck.Rideandrepair Thanks this. -
This will not stop a single person from diving in
Thanks..........for nothing??.roshea, TruckRunner, whoopNride and 4 others Thank this. -
Where do you get these numbers?
6wheeler, roshea and Rideandrepair Thank this. -
Update:
1549/1136 loads/truck ratio in Chicago, IL 100 radius - DAT - as of 9 20 am CST
For a comparison, this time last year there was a great moment to score well paying loads. I remember that there were posted as many as 4000 loads on some October Fridays.Last edited: Oct 19, 2018
x1Heavy, Rideandrepair and Midwest Trucker Thank this. -
Yup a huge dip in the central Tx market for me . I was hearing prices that made me lol at the brokers. A lot of brokers and a lot of new entrants probably ain't helping.
whoopNride, x1Heavy, Rideandrepair and 1 other person Thank this. -
I thought elogs would fix this??
Gumper, TruckRunner, x1Heavy and 4 others Thank this. -
If your area is seeing a slow down, then it's time to spend 2 or more weeks out working an area with better markets. The western US is still seeing good ratios, much better than the midwest. Your office is mobile, and you have 48 states and Canada to make a living in. Trucking rates are like the stock market. There are highs and lows. If you aren't happy with what brokers are offering you, find some direct clients by knocking on doors. There are always ways to make money in this business.
blacklabel, SavageMuffin, Sirscrapntruckalot and 12 others Thank this.
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