Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. bumper Jack

    bumper Jack Heavy Load Member

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    Overage is where it’s an under capacity market like the last 20 months. Leftover is in an over capacity market like now.
     
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  3. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I knew I should have bought those reefers.
     
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  4. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Screenshot_20220531-170646_Chrome.jpg
     
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  5. High Stepper

    High Stepper Medium Load Member

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    Shooting from the hip here, but I've read some of Dave's thread in the New Drivers section. Dave probably took an unorthodox approach to cyclical freight rates by purchasing Chef Boyardee and Friskies in bulk.

    So he has hedged against inflation, and can afford to park his truck. He might possibly subsidize his earnings with a Tiktok account for his cats. They are rascals.
     
  6. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    20200524_055024.jpg
     
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  7. PSM379

    PSM379 Heavy Load Member

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    My gross is significantly higher, I’m also a over achiever and when I’m in the zone I’m rarely not on the load board. I’d say close to half my miles were empty miles so far. I pull a step with ramps and I’m not afraid to use them, and go to the northeast.
     
  8. LtlAnonymous

    LtlAnonymous Road Train Member

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    I think "What are you gonna...DO about it?" is a perfectly good reason.
     
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  9. Kenworth6969

    Kenworth6969 Road Train Member

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    Brokers are not dumb, they're in this to make money. Many of them have access to data we don't even have.
    They know what's going on in the market and how many trucks are lined up to haul cheap freight right now.
    Volume way down and truck posts way up.

    Why would they give anyone sky high rates when there countless trucks lined up to take it at a fraction of the cost right now.

    I bet some of you guys made multi millions running loads in 2008 also right? :rolleyes:
     
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  10. bumper Jack

    bumper Jack Heavy Load Member

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    No I struggled and busted my ### in 2008. That’s why I’m not worried about this downturn. I’m in far better financial shape and I have 15 years of running my own business instead of being green as a gourd.
     
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  11. RefMata

    RefMata Light Load Member

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