Truck Load Rates Halt 8 Week Slide 2.0

Discussion in 'Freight Broker Forum' started by Scooter Jones, Mar 7, 2020.

  1. Scooter Jones

    Scooter Jones Road Train Member

    Joined:
    Apr 19, 2011
    Messages:
    9,551
    Thanks Received:
    19,977
    0
    As far as rates in March, they're not that hot on my lane. I'm going to have to pick up the volume as well :cool:

    These are my first week of March numbers, pretty dang anemic. Nights in my own bed at home = 5.

    Week 1 March.JPG
     
    Last edited: Mar 8, 2020
  2. Scooter Jones

    Scooter Jones Road Train Member

    Joined:
    Apr 19, 2011
    Messages:
    9,551
    Thanks Received:
    19,977
    0
    Received a notice of payment owed from the IRS yesterday. I filed the annual reconciliation report for FUTA 940 form for 2019 and was $12 short! They charged me 0.12 for failure to pay and 0.05 interest. Threatened to send collection agents over if I don't pay the $12.17 by the end of March!

    Keep America Great! LOL
     
  3. Scooter Jones

    Scooter Jones Road Train Member

    Joined:
    Apr 19, 2011
    Messages:
    9,551
    Thanks Received:
    19,977
    0
    If you have $$$ in the market, best not look at your portfolio too closely this week.
     
  4. DUNE-T

    DUNE-T Road Train Member

    Joined:
    May 10, 2015
    Messages:
    6,939
    Thanks Received:
    16,822
    Location:
    Detroit, MI
    0
    Looks like its gonna be a #### show on the stock market tomorrow. Oil dropped like crazy and I am reading it might drop down to $20 in May
     
  5. TallJoe

    TallJoe Road Train Member

    Joined:
    Apr 12, 2016
    Messages:
    7,490
    Thanks Received:
    16,271
    Location:
    Chicagoland
    0
    Yeah. Sometimes, I'd give a lot to be like your avatar boxer, completely oblivious to what's going on out there. Just sleep it off. LOL
     
  6. SteveScott

    SteveScott Road Train Member

    Joined:
    Nov 10, 2015
    Messages:
    4,897
    Thanks Received:
    16,806
    0
    I thought it was a great week. I sold two thirds of my portfolio week before last on a hunch from my dad who has an uncanny knack for predicting downturns, and kept a few that did really well. Now that most of the ones I sold bottomed out, I'll be buying many of them back this week.
     
  7. Dale thompson

    Dale thompson Road Train Member

    Joined:
    Nov 20, 2013
    Messages:
    5,155
    Thanks Received:
    43,047
    Location:
    commerce twp,mi
    0
    That loud screeching sound that might have woke you up this morning was all the brakes being slammed on in the oil patch.
     
    Another Canadian driver and PPLC Thank this.
  8. TallJoe

    TallJoe Road Train Member

    Joined:
    Apr 12, 2016
    Messages:
    7,490
    Thanks Received:
    16,271
    Location:
    Chicagoland
    0
    Ehhh.... I thought I'd see S&P nose diving by at least 1000 points but it was a small slide, almost insignificant when you look at it from the last 4 years perspective.

    Nothing to be excited about.
     
  9. PPLC

    PPLC Road Train Member

    Joined:
    Jun 15, 2017
    Messages:
    1,941
    Thanks Received:
    6,266
    Location:
    St. Paul, MN
    0
    No doubt. Which sucks, because I do a fair amount of drilling supplies. We'll see what happens.
     
  10. Dave_in_AZ

    Dave_in_AZ Road Train Member

    Joined:
    May 4, 2015
    Messages:
    56,528
    Thanks Received:
    384,062
    0
    $0.215 per mile mileage tax.