$50,000 Fine For Price Gouging During Hurricane Beryl

Yeah I'm chalking that up to the truck stop counter talk of something that never happened. "Price gougers" got tossed in jail like ordinary criminals? Lol...

It's a law that's rarely ever enforced anywhere and when it does it makes headlines.

 

Oh really?

 

Drivers, we get priced gouged everyday. Buy a salad at one of the TAs that has welcome professional drivers at the door. Price gouging exists because too many people are too stupid not to pay it.

 

If gas stations can get fined for raising prices during limited supply and high demand when are we fining freight brokers for pushing cheap freight when loads in limited supply and there's many empty trucks

 

Let’s say the government does go after the evil brokers for taking too much of a cut, who decides who gets the loads? It won’t change the fact that there are too many trucks chasing not enough spot loads. It would take all of about two days and spot rates would be right back where they are now because it would turn into a reverse eBay where everyone bids lower and lower until the load moves.

Back to the original gas station, guess they should’ve just auctioned gas off 10 gallons at a time and let the public decide how much they’re willing to pay.

 

If we're gonna fine gas stations for taking advantage of a situation same should go with freight brokers.

What happens if soo many trucking companies get put out of business and another national crisis comes along and there's not enough trucks and trucks drivers?

 

None of them should get fined. The whole idea is nuts. I used to get accused of price gouging by brokers. Pricing myself out of business was probably one of those things (death by many cuts) that contributed to my demise but given the same circumstances that's one thing I wouldn't have done differently at all. That's just how the pendulum swings. There's a saying about high prices that the cure for high prices is high prices. These spikes are only temporary and like I said it does ensure there's supply available for someone who truly needs the gas.

 

When brokers say my price is too much I like to say if your price was sufficient it would have been covered already and you wouldn't be calling me

 

Most "trucking companies" are nothing more than glorified company drivers running 100 percent garbage spot freight for chump change.

They're bottom feeders that can't get real customers so they try to use the government to force some customers (brokers) into their pocket. Sound familiar?

 

If you look at some publicly traded trucking companies many are operating at a loss currently, seen it disclosed in earnings reports.

That's even with their own "real customers".