Slowly but surely the companies that are hauling cheap are going out of business. You need times like this to thin out the heard.
Looooowwww Rates
Discussion in 'Ask An Owner Operator' started by Boundtransport, Feb 6, 2020.
Page 5 of 9
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
The downward spiral accelerates before it levels off and eventually starts climbing again. People run more miles for even cheaper as a last ditch effort. We’ll see how the ELD effects this cycle in this regard. I’d say we’re in the acceleration mode right now.
D.Tibbitt, Dino soar, Brettj3876 and 3 others Thank this. -
Sure doesn't seem like it out here on the road IMOLast edited: Feb 10, 2020
D.Tibbitt and Brettj3876 Thank this. -
D.Tibbitt and Brettj3876 Thank this.
-
Brettj3876 Thanks this.
-
-
-
I haven't seen prices this bad in 10 years. Half price rates from what use to be.
Brokers are no doubt taking advantage of taking $200 off a $700 load paying $500.
Heck the driver is going to pay $200 in fuel to move that shipment and will get maybe $275 after delivery 24 hours later.
The broker books 3 shipments making $600 and each truck makes $275 eachBrettj3876 Thanks this. -
-
The worm has turned (temporarily) and the shippers, via the freight brokers, are sticking it to carriers who depend on the spot market.
6wheeler and Brettj3876 Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 5 of 9