I don't know how anyone could have missed the $4 and $5 a mile 500-600 mile runs out of the midwest that were being posted daily on the loadboards a few weeks ago. They were posted rates on public loadboards. It wasn't a secret cabal of brokers only a select few knew about. People were talking about it all over social media. ELD will have zero impact on coast to coast spot rates. That stuff will always be cheap competing with rails.
Eh... it was mixed last week with a bunch of the cheaper shippers trying to retract waaaay back. I didn't see that as much. It's kind of in the air now though. I think the great freight bubble of 2017 may be deflating.
Freight has cooled temporarily but the point and click shopping holiday season hasn't even started. Amazon always scoops up a lot of trucks after Halloween up until mid January. The current balance is shaky at best imo.
I mean yeah it's going to stay waaay higher than 2015-2016. There is plenty of room for rates to go down while still being meaningfully better than they were this time last year. I just doubt I'll still be paying 4 bucks a mile to SC from IN lol. FL I understand, but SC was pretty silly.
And it looks like I've violated my own general rule today. But they've done okay, and at a fair rate.
