Dead Markets

Discussion in 'Freight Broker Forum' started by 6wheeler, Oct 13, 2017.

  1. 6wheeler

    6wheeler Road Train Member

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    Ok, so I have pretty much found a good rule of thumb for finding dead markets when you are searching the loadboards.

    Any major metropolitan city is a dead market for good paying loads. Here is an example from my experience.

    Richmond.
    Baltimore.
    Charlotte.
    Philadelphia.
    Norfolk.
    Pittsburgh.
    Harrisburg.
    Knoxville.
    New York.

    If you want good paying loads, don't go to big city's. You can thank the brokers for this.
     
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  2. KB3MMX

    KB3MMX Road Train Member

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    I'll be devil's advocate here .... Let's thank the drivers who accept the cheap rates from brokers.

    The broker can't move anything without a driver that takes it for the crap rate.

    Stop hauling freight for "backhaul" "fuel money" and destroying the industry for everyone else!

    The rates spike on the week of 10/4/17 was primarily due to lack of capacity from the small percentage of trucks shut down!

    Hey.... Get together people!.., there is hope in making this industry what it once was! It will just take ORGANIZATION and WORK.


    .
     
  3. 6wheeler

    6wheeler Road Train Member

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    Yea you got that right. I guess you can also thank the mega companys too that send in there drivers that have little to no choice in what they haul.
     
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  4. KB3MMX

    KB3MMX Road Train Member

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  5. boredsocial

    boredsocial Heavy Load Member

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    It's just supply and demand. Cities, almost by definition, consume more physical goods than they produce. When cities DO produce physical goods they are usually highly finished and take less transportation than the supplies to make those physical goods (creating more inbound traffic than outbound). Add to that all the shipments of stuff that the city people want to buy and you've got a lot more coming in than going out.

    When there is more coming in than going out most of the money will get paid for coming in. The entire Northeast, FL 10 months of the year, etc all pay #### going out for this reason. They also pay a kings ransom going in because they pay #### coming out.

    Nobody is to 'blame' for this lol. Nobody is screwing anybody. When people talk about free market capitalism this is exactly what they mean. There are no free rides and inefficiencies are temporary. If you want to make 1.25x what other trucks are making you're going to have to be flexible and clever and find where the silliness is going on that week. Or you're going to need to go out and find a customer willing to overpay you out of desperation or ignorance. If a broker finds a customer who overpays he owes you exactly 0 dollars of that overpayment. He did the work to find that money. Go do your own.
     
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  6. 6wheeler

    6wheeler Road Train Member

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    I have my own customers but every time they want me to go to a big city well I can pretty much forget about getting a good paying reload. I just left Charlotte 200 miles deadhead. And last week for almost 3 days Philadelphia was completely dead with zero freight within 100 miles.
     
  7. 6wheeler

    6wheeler Road Train Member

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    Oh yea and one more thing. As in free markets search for 3PL in any major city and look at how many show up. And then you look at the loadboards with little or no results of good paying loads. Brokers move into citys and remove good paying freight
     
  8. Pepper24

    Pepper24 Road Train Member

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    You are exactly right,I’d be willing to bet the cities he posted was for flat bed freight.Charlotte, Richmond Norfolk,for example there aren’t a lot of companies in and around that ship a lot of flat bed freight as compared to the mid west so if you’re in Charlotte looking for a flat bed load going out to the mid west there is 5 other drivers that want that load so naturally it’s going to be less then you made going in.So you need to make sure your making your money going in.So you can deal in reality or do the same old thing and try to convince everyone you’re the smartest one in the room because you’ve brain stormed and came to the brilliant conclusion you’re life would be better if everyone payed you more money.The money isn’t in driving the truck or owning the truck it’s the same in any business how good at sales are you,Can you sale your services
     
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  9. lagging

    lagging Light Load Member

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    I love seeing these because you can tell when people haven’t done any research your Megas make up less than 10% of the trucks on the road. Also they have a cut off price point for hauling freight which is close to $1.40/mile megas have much higher overhead expenses. Everybody blames the megas when it’s mostly operations with less than 6 trucks.
     
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  10. 6wheeler

    6wheeler Road Train Member

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    Brokers call me from all those city's asking me to move something before it ever hits the loadboard. Explain that
     
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