It’s called overcapacity, everyone and their brother went out and bought trucks when the rates were sky high, the tide has turned, and shippers and brokers have the upper hand again. If your trying to live off the spot market, good luck.
Low rates
Discussion in 'Ask An Owner Operator' started by 4Cs Freight, Jan 30, 2019.
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CorsairFanboy, JonJon78, Dogman22 and 2 others Thank this.
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The rain here in Cali lately ain’t helping either lately. But that why they call it the rainy day reserved fund..... times like this. I’m at home sitting and relaxing.
PoleCrusher, kemosabi49, Ruthless and 1 other person Thank this. -
It’s a mix of starvation at pride for me. I may be on the ramen and tap water diet, but I’ll be ###### if I haul your $1.60 freight.
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Broke Down 69 Thanks this.
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Speed mart . I see 3.65 most places i get discount my cost 3.05
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Wow gud for u its 3.95 at the t\a in Ontario. That's basically the average did u go2 speedy in buttonwillow for that cheap fuel
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I haul plenty of “cheap freight” as long as it fits into my plans. I might get 2.60-3.00 a mile out of AR, a couple of 1.40-1.60 loads, and I’m in position for another money load. There is no such thing as cheap freight. Run in a way that works, not just anywhere and everywhere trying to find a high rate per mile. If you only haul for 3.00 a mile you’re not going to generate enough revenue, regardless of how good it makes you feel to say, I only haul for 3.00 a mile. Rate per mile and overall revenue almost always have an inverse relationship.
I’m glad things are coming off their high. With the outrageous rates, anyone could buy a truck and make money. When rates and volumes fall down to normal levels it rewards people who invest in efficiency and are in business to be in business, not chase dollars.Opus, runningman0661 and bryan21384 Thank this. -
What's the fun in that. Why not just just drive to the gud freight an let the cheap stuff collect dust
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