Convoy Rates

Discussion in 'Freight Broker Forum' started by AIL, Apr 12, 2020.

  1. AIL

    AIL Bobtail Member

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    Convoy rates are averaging below $2 per mile, some well under a $1 per mile. For all the hard working truckers I give this a thumbs down
     
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  2. kay_ray

    kay_ray Medium Load Member

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    Lost a bid today from kenosha,wi to elyria,oh which usually goes for 900 to 930 to some poor guy who picked that up for 520 $. Dont blame the broker blame the drivers who are driving rates dow. Parked my truck for good 4 weeks . Not risking my life for 1.30 a mile .
     
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  3. Western flyer

    Western flyer Road Train Member

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    The guy who took it for 520,it was his load home,
    So he could park his truck too. Lol.
    It was just a joke.
    Brokers are gonna make a fortune this month.
     
  4. GraniteRiver

    GraniteRiver Light Load Member

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    Simple supply and demand. It won’t even be 1.30 mile in a week or two. What are you going to do in a month or two when rates are still this bad? Keep it parked? How long is that savings going to last when you could still be out generating $8k + net after fuel even at those garbage rates?
     
  5. kay_ray

    kay_ray Medium Load Member

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    If i have to i will park it for a year drop my insurance down to comprehensive. Get a local job home everynight in food industry easy (25 to 27$an hour ).Till the rates get back to where they should be .wont work for fuel .
     
  6. kay_ray

    kay_ray Medium Load Member

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    And do you really think the brokers that have contracts with shippers /load i.e most of them get effected by supply and demand .they still get paid the same contracted amount but they keep more when you pick it up for 1.30 a mile .
     
  7. DUNE-T

    DUNE-T Road Train Member

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    Can you share your math how you can net $8k plus with the garbage rates?
     
  8. TallJoe

    TallJoe Road Train Member

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    You mean, on monthly basis?
    Fuel alone is 35-40% of all costs, so if you keep running at this rate for too long, there won't be much left from that 8K either, other costs will catch up quickly.
     
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  9. Zuwap1

    Zuwap1 Bobtail Member

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    I think Truckers should go on Strike!!! I Read in the 1970s they did it but when they tried Unionizing Trucking it mess Things Up. But It’s Really Time Us Truckers Let the World know how we feel!!
     
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  10. Zigzag777

    Zigzag777 Medium Load Member

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    There have been many attempts to strike, unionize and on and on, I don't recall one that was a success. Drivers were shot and killed for nothing!

    Right now the world is upside down, and the trucking business is also upside down, rates are extremely low, although some are making a living, others are drowning.

    Experience with load boards and having relationships with brokers makes a HUGE difference. Not a time I'd wanna start fresh in the trucking business.