1000+ trucks heading into NYC tonight to protest cheap rates
Discussion in 'Ask An Owner Operator' started by Kenworth6969, Nov 13, 2022.
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Rideandrepair and Siinman Thank this.
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Of course the flip side of this is when the spot rates are considerably higher than contract rates and the brokers are contracted to move the loads but end up paying spot rates to cover loads and maintain their end of the contract. When there are long term contracts for $2 or $3 something a mile plus fuel surcharge I doubt most would want to ride that spot market wave with the truckers when rates surge to $4 or $5 something a mile.Tall Mike, bryan21384, Ruthless and 3 others Thank this. -
I’m surprised how quickly things went from “stick it to the brokers and take all you can get” to protesting low, unfair rates and complaints about brokers again. Didn’t even take 3 full years to complete the cycle from protesting to getting rich to protesting again. It’s funny how the same guy is leading the charge again this time except now he runs a dispatch service instead of being a carrier. There’s some irony there, someone who has their hand in the pocket of carriers complaining about someone else having their hand in the pocket of carriers.
Tall Mike, dunchues, bryan21384 and 5 others Thank this. -
News flash IT WON'T!!!!
If you have one of these emission trucks, that should be a HUGE reminder. All those fancy sensors, that outrageously priced one box, that $4.25/gal DEF...
Who did that for ya????
What about that stupid E-log?
And coming this year Speed limiters...
Still want the governments help?
C'Mon Man!!!!lester, Tall Mike, DeereRunner97 and 7 others Thank this. -
Tall Mike, bryan21384, Midwest Trucker and 3 others Thank this.
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Its insane how some peoples jusitify their bad choices. Instead of taking resposibility for themselves, its always someone elses fault...
I know if I fail at this and go broke, i will look in the mirror and say this is all your fault nobody elses. Because that's who fault it is for making the choice to go into business for myself.Tall Mike, GYPSY65, bryan21384 and 8 others Thank this. -
A carrier can place 100s of bids for different loads available by different shippers. If the shipper thinks the rate is too high, they can counter the bid with another rate. That's how you negotiate with a computer. There are scores of these freight marketplaces available right now.
There's a bunch of different companies working with AI right now and as soon as they get it figured out (like Amazon) freight will move much easier and hopefully the rates will stabilize. Brokers are going away, eventually (hopefully, and in my opinion).Rideandrepair Thanks this. -
Tall Mike, Rideandrepair and Long FLD Thank this.
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What’s still being ignored in that scenario is that brokers can offer the stability of long term contracts. Their customers can easily estimate their shipping costs over a multi-year period. Their customers aren’t at the mercy of supply and demand. Their customers don’t have to worry about the cost to move their goods nearly doubling because of market conditions.
As far as adhesion contracts where one party has all the power, why was that never brought up last year during the time of record rates on the spot market? Or is that something that only matters when it’s perceived that brokers hold the power and are “forcing” carriers to go broke?
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