Trucking Market Update & Forecast (March 10): Where Are The Better Freight Markets Next Week?
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- Опубликовано: 2 июн 2024
- In this video we will be looking at the Volumes and Rejections, Rates, trucks in the market, diesel prices and where the best markets are going to be next week.
Volumes (OTVI): This shows us real data of how many tenders are offered by shippers to carriers- how much freight there is in the market. Because offerings happen in advance, we can see what the future volumes will look like.
Rejection Rates (OTRI): How many contract carriers refuse from loads? This is real time data of loads that were rejected by carriers- the more rejections, the higher the rates, and the more loads end up on the loadboard.
Charts: drive.google.com/drive/folder...
Industry Social Network: www.TMSConnection.com
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📧. My email: talkabouttrucking@gmail.com
📚 Open a Trucking Company Course: miranda-c-s-school.teachable....
📚 Dispatch Course: miranda-c-s-school.teachable....
💻 Website: www.truckingmadesuccessful.com
⛽️ RTS Fuel/Factoring: www.rtsinc.com/agent-company/...
SHEETZ has reduced diesel prices by .50 per gallon!
LOOOVE THIS! Putting this comment on top
I've seen cheaper fuel on west Texas
I hope your channel keeps growing.. You are like a meteorologist but for trucking the way you break it down! 😂 thanks for the hard work I’m subscribed
Haha thank you!
Truckerologist
I finally switched dispatchers. I hired a girl that used to dispatch me when I was a company driver at the last place I work before I went owner op. This was her first week and she really outdid herself. I had about four or five really bad weeks in a row and this first week with her I averaged $2.47 CPM in a DRY VAN! We did that in THIS market!!! I don't expect every week to be like this but having a good dispatcher on your team can make an incredible difference in the week that you have.
Thank you as always Miranda! You have become part of our week!
Whoever she is, does she want to dispatch my trucks as well? Im struggling here!!!
@@TruckingMadeSuccessful she just told me that she needs more drivers!!
@@TruckingMadeSuccessful I could definitely put you in contact with her. She's great at what she does, I think it could certainly be worth a chat 🤷🏻♂️
@@TruckingMadeSuccessful I m open to dispatch your Trucks if you consider me I m a really good Dispatcher I have been doing this for 2 Years
@@ceasarwright7567 jeff bezos wil save us
I don't know why I always smile when you educate us on the market (yes I do).
It's because you always answer my question in my head,when you are so thorough about explaining yourself after showing the numbers. I don't understand how you are so specific each time,and never leave any explanation misunderstood ! THAT IS A HUGE COMPLIMENT !
I've been on your channel since 1,000 subs,& 37,000 plus later...is why those who learn from you will succeed. Noone who watches your channel can never say, "you are not a huge part of their success". I know I cant !
As always,Thank You !
Thank you so much, this comment really made my day ❤️
Great analysis as always Miranda.
You are amazing. I enjoy watching you explaining the market. It's so complicated.
Enjoy your weekend and thanks for the update, Miranda! ))
Thank you Miranda’s Right again. You have quality content and we the truck drivers are always driving on RUclips lol. So we look forward to these updates!
Thank you for everything you do to update the market
Great video. Thanks for sharing. Good to see you smiling again
Thanks for all the helpful information.
You are the bomb every time I listen to you I get hope
Thanks for the Insights.
I work at a Railway, 3rd party, just shuttling containers to other lots and we've only worked 3 days for the entire last month and 2 days so far this month. October-January we were working 7 days no problem, wild to see the sudden stop.
Hi Miranda , you are doing great job , I really appreciate your work, keep up the good work !!!!
Thanks for the update!
That's not greedy. it is just business we all do it. Thank You for the information
Thanks for the report 🙏
Awesome video as usual, interesting sweater too.
You’re the greatest!! ❤
Thanks Miranda!🇺🇸👍🏽
Thank you for your video🔥
Happy Friday beautiful love your smile
Thank you my ❤️.
Nice information....
Helpful host 👌
Good Work❤
Thanks!
Thank you so much
Hello Miranda. Regarding fuel prices, I expect to see prices will increase in the coming weeks due in part to the different formulations as we transition into warmer weather. On a different subject, referring to your video on low rates - please remind new drivers and dispatchers to not accept low rates. As you know, it only encourages brokers to continue the practice.
Wow 👌 👏 great information can you please do one of these per week for us owner operators I will watch every week if you do thank you
Absolutely- I do them every Friday. Will release one today
Geez that was a fast one. I was barely able to keep up 🤪
I realized that once I rewatched it. I dont know what happened....too much coffee? LOL
@@TruckingMadeSuccessful That coffee should be outlawed.
🤣
Good work mam
She's got it all!!
thanks for being human 😇
Miranda, when booking these load human error isn't your problem, being discipline is!
Human factor not error. While I cant agree that I dont have the discipline, I do admit that my emotions do sometimes get in the way, especially fear of losing a working day.
control your emotions and you will be rewarded Miranda.
Oh wow! FreightWorks is shuttering!
love these videos thanks! please keep it up, its ok to ask for donations to keep it up, we can support you.
I will never ask for donations from you guys. I do this because I think its important for carriers/drivers/dispatchers to stay informed :) But thank you!
Lord Jesus she is so fine. Thanks for the report. #Subscribed
Your budget is unlimited
It's not a capacity issue. It's not that Bob quit Swift and bought a truck. Bob would haul the same loads no matter who owns the truck. It's all tied to the economy and stock market. Corporate earnings are tanking. They can't raise prices so they have to cut cost. Layoffs and lower freight rates until demand comes back. Same thing happened in last recession in 08.
I my love
Do you recommend running Power Only or renting/ leasing Dry Van or Reefer Trailer? Would renting/Leasing a trailer be substantial for this freight market?
From what I know, Power Only pays pennies right now. We are renting a Dry Van at the moment and it's a great way to stay fluid in this market- renting allows you to switch things up if the market calls for it. :)
@@TruckingMadeSuccessful Any recommendations on who to rent from ?
We use TNT in Villa Ridge MO www.tntsales.biz
Rates for Dry Van decreased in California and the price for Diesel is higher in that area than any other state
CA is a nightmare for dry vans, as is NV, UT, ID, OR and WA.
@@TruckingMadeSuccessful your right lovely Queen 😊 my dispatcher did a 150 mile radius in southern Utah picking up in Vegas (dry van), what makes my situation worse is truck I drive not able to go to Cali
@@donttruckhere Yep, Nebraska bud!
Great information.. But the brokers got the upper hand..to much off the top... Crazy too chase freight rates from end too end of the country..10 trucks for every trailer. Crazy 😳
well, i could care less about all this "truck" talk...but you are a 10/10...
Why no info on tanker?
my reefer is loud.
❤
Cutie pie 🥧🥰
Parked, let it sit in the docks.
What it a rejection rate
The market is garbage. I’m in Spokane, WA. I’m trying to get a load out of here, and the loads are ridiculously cheap, $1.24, $1.11, $1.32, there is even one load for $0.37, from Warden, WA to Hayward, CA. This needs to change, how are we going to make it with rates like this.
Many wont, and capacity will be driven out to the point where there will be a huge undersupply of carriers/trucks. Its absolutely ridiculous I agree
Let me Help you I m disatcher in case you need my services
what rates are considered good? im new in this
So two questions.
Did you used to work for a news company in the weather department?
Do you get enough sleep?
Nope and nope lol
Can I still go to Houston area? I have a reefer, thank you in advance
Yes of course
@@TruckingMadeSuccessful I thank you so much for you help and teaching
Hi, im new here. Do company drivers work for pay per mile or there is also percentage work? is it possible to make 2K$ net a week nowadays?whats the average as a company driver? thanks!!
Welcome! Some do per mile, others a % of the load. Yes, it is possible to make $2K a week- my guys make over that
Would love to hear your real rants without edits. Lol. Fairly sure we are on the same page.
LOL that would be a laugh fest for you guys - I should start saving blooper moments haha
Wait what? No flatbed data? Grrrrrrr!!! 😂
How long you think will takes for this market to get better?
I believe we will start seeing an improvement come April or so, although tender rejections are already going up slowly.
😍 mujer hermosa
How not to fall into double brokering?
One thing I have noticed is that if a broker is brand new and already has 5 star reviews, a 100 CS and amazing DTP, that's probably a double broker with reviews from inside their own company. Another thing to always be mindful of to not fall for a scam- if a broker calls on your posted truck, always find the official phone number of that broker in Safer, call them back and make sure they actually have that load. Sometimes people pretend to be a broker in a company and in reality they are scammers
@@TruckingMadeSuccessful what is DPT and CS?
@@TruckingMadeSuccessful Safer?. Is this a software?
I really appreciate these videos and the information
But, imo I don't really see how you can book loads off this information. When you book load you need to plan ahead and think ahead. All this information is in the past and the markets changes every hour.
Stop send your drivers into horrible spots
You Also say there short loads pay 3$-$4-5$ mile loads
Why don't you just run those as much as possible to make the most money?
Actually that is not true. Tender rejections that I show you will only translate to the loadboard in 3-7 days, so this is a forecast. We are not looking at loadboard data here. In terms of short loads, you are absolutely right, but the gross is very small in the current market. Running 100 miles for $500 is a great RPM, but considering the fact that we lose the whole day for $500, it's not good. Remember, the gross also matters because there are fixed expenses such as truck/trailer/insurance payments.
@@TruckingMadeSuccessful
For example
we have been running loads that are 432 miles for $1700 our return load is for $700 about 300miles. We then dead out to our first load. and repeat the process. Its been working well and hope to keep milking it.
According to the charts you have we should be at like $2 a mile or less. Or something like that.
Right now there's no better areas, there are just worse areas.
First 😁
And?
Thanks for the update. You are correct, Elon Musk is the bomb.
F the haters
In this market, I feel that relationships with brokers is above that of metrics. Which take time to develop. As do developing a good customer base if you're a asset based brokerage. If anyone doubts this. I will give my gross for Feb.1 refer , solo driver. $41,000 on 14,500 miles.
I love your channel but let’s be real no matter what area is good are not brokers will be screwing you over!!! I will not say where I got this from but I seen it myself how bad brokers are taking half the profits
Imagine going off on someone because they have a difference in opinion than you 🤔
People 🙄
You are cute and very beautiful lady ❤
All this data is useless when brokers decide to destroy us...
I would have to politely disagree with you here. Knowledge is never useless, and this is the only thing no one can take away from you.
Yeah, I figured that whatsapp person was not you. There is no reason for you to give me your phone number.
another lovely video,,, THANKS MIRANDA
LOL
Hello Mam, I have some query regarding Reefer loads, where can I contact you. I would be very thankful if you help me in that
talkabouttrucking@gmail.com
@@TruckingMadeSuccessful i have send the email mam. Please confirm on the email ,if you have received it
Just responded to you :)
@@TruckingMadeSuccessful thanks a lot mam 😊🙏
Thank you so much for that info someone text me in waast app pretending is you
Yes ignore and block them. They are trying to extort money from what I know