Rates are crashing and fuel to the moon!

So after permits and escorts is his load still above average? SMH

The ITS lane rate is BS anyhow.

 

My goodness.

 

Idiot didn't even have it posted in the correct category. It should be under FO instead of F.

 

Escorts are pushing what, 2 dollar a mile? . Half the rate is gone just from that if you have 1 pilot car. Now ur doing a 14 wide load for 1500 bucks on 600miles. maybe longer with permit routing... What a joke.. Let it sit there and rot.

 

What?!
Pilot car making more money than the very oversize carrier....that's hilarious!
It is like a ballet theater cashier making more money than the very Prima Ballerina.

LOL

 

So I'm going to ask a question, this is probably a dumb question to ask but oh well. Going to ask anyways. Please be respectful.

I know when I look at the news and see that the feds are doing rate hikes, that this affects mortgage interest rates and rates that banks are willing to loan you money at.

Where my confusion comes in, is when news stories talk about the feds doing rate hikes, do those rate hikes affect other personal and/or business bank loans that have nothing to do with mortgages as well?

For example, when buying a semi-truck? Will rate hikes affect the loan interest rates when buying a semi-truck or even a personal 4 wheeled vehicle?

I'm thinking that my answer is yes, that interest rates are set by the fed and then the smaller regional US central banks loan out money (for mortgages, business loans, personal loans, etc. etc.) at the interest rates that the fed says they must loan money at.

If I am correct in my understanding of all of this, then my next question is this: Now that Powell and the fed have been raising the rates in an effort to curtail inflation, have semi-truck prices and trailers (for 18 wheelers) gone down, or have they generally stayed the same price, or are the prices of them still rising like crazy?

 

They're making even more too because their overhead is much lower than ours. So much more of that gross stays in their pockets.

 

What does it take to be a Pilot car? Any formal certification? How's their life like when on duty - are they completely subordinated to the carrier while on the trip, and would they stay at motels.... All right, don't bother, I'll look it up myself, I am sure there are threads ….
However, the main question now would be...are they actually needed to give assistance to those oversized loads ? I mean not per law but in practicality?