Uber Freight?! What is this madness?!?!

Discussion in 'Ask An Owner Operator' started by Flatbed_reefer_madness, May 22, 2017.

  1. izifaddag

    izifaddag Medium Load Member

    598
    449
    Apr 26, 2010
    0
    Thanks for your advice but I am doing ok.
     
  2. izifaddag

    izifaddag Medium Load Member

    598
    449
    Apr 26, 2010
    0
    Thanks Joh but as you suggest I'll do whatever I want. Thanks again I know you mean well.
     
  3. spyder7723

    spyder7723 Road Train Member

    13,039
    18,242
    Mar 31, 2013
    sarasota, fl
    0
    Doing ok in a historical hot market is probably not the bar to set.
     
    SL3406 and ChicagoJohn Thank this.
  4. izifaddag

    izifaddag Medium Load Member

    598
    449
    Apr 26, 2010
    0
    Got the bar set the way I want it but thanks for your input.
     
  5. spyder7723

    spyder7723 Road Train Member

    13,039
    18,242
    Mar 31, 2013
    sarasota, fl
    0
    What will you do when the market shifts back? Will you be able to make it when even the good negotiators like rollincoal are hardly ever getting 2 bucks a mile?

    You've got to learn to negotiate cause these guys you think are being cool paying 2 bucks a mile today will be selling you those same loads at a buck twenty in the next downturn. Heck it won't even take a full recession, just a leveling off in the market like we saw in 2015.
     
    ChicagoJohn and Ruthless Thank this.
  6. boredsocial

    boredsocial Road Train Member

    1,591
    2,438
    Apr 13, 2014
    Louisville, KY
    0
    2015-2016 was a full blown freight recession. It was a lot more than a 'leveling off'. It happened because the spot market overheated in 2012-2014 and every idiot in the world decided the trucking business was the place to be.

    I haven't been around long enough to really know how long a good cycle can last. I caught the tail end of the last good period (I was around for most of 2014) and then I survived the entire bad period as a broker/dispatcher. I'm expecting 2018 to be a lot like 2017 but minus the surprise. I doubt the peaks will be as high or the valleys as low.
     
    Last edited: Jan 2, 2018
  7. PPDCT

    PPDCT Medium Load Member

    656
    959
    Jun 15, 2017
    St. Paul, MN
    0
    That's the sense I'm getting as well. The economy is thrumming right now- there's a lot of freight coming down the pipe this year- I can hear it from my customers. It's going to be interesting to see how this all goes.
     
  8. spyder7723

    spyder7723 Road Train Member

    13,039
    18,242
    Mar 31, 2013
    sarasota, fl
    0
    I disagree. Without looking up the actual numbers right now i can't be 100% certain of this but I'm pretty sure the economy flattened but didn't go in an actual recession in 15. Where as in 07/08 that was a true economic recession.

    Keep in mind I'm not talking about one segment of the nation's economy, I'm talking about it as a whole.
     
  9. boredsocial

    boredsocial Road Train Member

    1,591
    2,438
    Apr 13, 2014
    Louisville, KY
    0
    Sure of course. And I'm not arguing that the whole economy slipped into recession. I'm strongly suggesting that if the entire economy was made up of trucking companies and people who depend on trucking companies to make a living 2015/2016 would qualify as a recession.

    It's important to note that individual industries can drift quite a long way from what the general economy is doing. For instance right now retailers and hedge funds are absolutely getting clobbered. Like just laid to waste... Even though the economy as a whole is doing very well and trucking is doing VERY VERY well.
     
    spyder7723 and PPDCT Thank this.
  • Draft saved Draft deleted