Not sure what to think of Moore Transport.

I feel you brother.
Rates are down volume appears to be lower this year. I think the 7 year bubble hit late. I'm hoping 2018 goes back to booming. Problem I see though is most dealers are overstocked.

One of the reasons I shyed away from Moore was the empty mile deal. They have spread themselves pretty far out now.

If it makes you feel any better my company has been tightening it's belt too. Lots of changes going on here.

 

Golly, a bunch of non union carriers showed up and ruined our Teamster party now the party crashers are complaining someone ruined the dance.

Nothing personal, it's an observation. I appreciate the info you post.

 

Good point,

I guess it's no different that a bunch of Swift, Melton TMC guys showing up and ruining my party hauling heavier/larger stuff?

It's the nature of the industry, I really believe that there is a huge car glut right now, reason I say this is because if you look at "most" other industries they are booming.

The stock market ( not that I would ever use this as a sole indicator) has just closed with records across the board on Tuesday, 36th record day for the DJ since Trump took over, and other businesses can't get stuff out the door fast enough.

But yet Auto Haul is on the ropes, there is a bigger issue at hand, people simply aren't making enough money to buy new cars, I think the price of cars/trucks has escalated a LOT faster than have wages.

I also think we are paying for all of that money that was printed in the last 8 years, JMHO.

 

Yep, loaded up one ton diesel dually 10 years ago was $47-$50k. Now they can push mid to upper $70's.
Half ton loaded up crew cab trucks in $60k range. Won't be long until they are knocking on the $70k range either. New Camaros at $50 k. Just read the updated Mustang convertible can be loaded up to $58k. That is not a Shelby variant either.

Granted, am pointing out vehicles with all of options. But the growth of the avg msrp has far out paced the growth in wages. As well as KT noted, paying for ah~hem, sins of the past 8 yrs of digital monetary printing with artificially low interest rates.

 

I just find it very hard to swallow the thought of hauling cars for those wages. A good car hauler should be making around six figures, depending on where you are running. More on the coasts, a bit less elsewhere.

But as you also posted, carhaul is heading downhill. I saw a request for overflow work the other day and the target rate (i.e. what the current contract holder was hauling it for,) was less than .40 for cars. Don't remember where that was, but that's insanity! I know of a carrier who just renewed their contract after 3 years and agreed to take a 4% rate cut. After you figure in inflation, you might as well say they took a 10+% rate cut. SMDH

 

1100 a week for a stinger driver. Where in the f*** is the bottom?!

 

I left Moore in the beginning of August and spoke with a few drivers that did the same. Just to many things going on and was without a truck for 21 days. I was very happy in the beginning but then the money loads I was running suddenly dried up. I don't mind missing a meal or 2 but when it starts effecting the family...bye bye!!