Getting Truck / Authority Beware - The Ship Has Sailed

Discussion in 'Ask An Owner Operator' started by Midwest Trucker, Oct 18, 2018.

  1. Midwest Trucker

    Midwest Trucker Road Train Member

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    Sorry folks, you’re too late to the game. If you get in now, it’ll be extremely unlikely you make it. The high rate ship has sailed.

    This week we are seeing 1.5 load to truck ratio which is terrible. 3 loads to truck is considered balanced for a dry van. The last year to year and a half we saw 6 to 1 up to 14 to 1. Reefer and flat bed is hurting badly too.

    Good luck. If you hadn’t made the jump yet then I’d stay put. Waters are getting extremely choppy. Maybe it’ll settle down but for now it doesn’t look good.

    Fair warning friends. I didn’t think we would see this until exactly a year from now.
     
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  3. gokiddogo

    gokiddogo Road Train Member

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  4. tommymonza

    tommymonza Road Train Member

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    Exactly why I bought a $15000 truck.
     
  5. x1Heavy

    x1Heavy Road Train Member

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    White County, Arkansas
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    Actually it's bounced. It's going to be a while before the excess enegry goes out o f the sphere -(

    In seriousness I believe you aint got a new truck already and rolling it, you are a shell too late to save the Bismarck.
     
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  6. Socal Xpress

    Socal Xpress Road Train Member

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    This will not stop a single person from diving in

    Thanks..........for nothing??.
     
  7. Ridgeline

    Ridgeline Road Train Member

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    Where do you get these numbers?
     
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  8. TallJoe

    TallJoe Road Train Member

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    Update:
    1549/1136 loads/truck ratio in Chicago, IL 100 radius - DAT - as of 9 20 am CST

    For a comparison, this time last year there was a great moment to score well paying loads. I remember that there were posted as many as 4000 loads on some October Fridays.
     
    Last edited: Oct 19, 2018
  9. danny23tx

    danny23tx Road Train Member

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    Yup a huge dip in the central Tx market for me . I was hearing prices that made me lol at the brokers. A lot of brokers and a lot of new entrants probably ain't helping.
     
  10. Oldironfan

    Oldironfan Road Train Member

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    I thought elogs would fix this??
     
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  11. SteveScott

    SteveScott Road Train Member

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    If your area is seeing a slow down, then it's time to spend 2 or more weeks out working an area with better markets. The western US is still seeing good ratios, much better than the midwest. Your office is mobile, and you have 48 states and Canada to make a living in. Trucking rates are like the stock market. There are highs and lows. If you aren't happy with what brokers are offering you, find some direct clients by knocking on doors. There are always ways to make money in this business.
     
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