Trucking and Freight Market February 8: Ah Crap, The Market Turned For The Worse Again
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- Опубликовано: 7 фев 2024
- After two weeks of positive news, here we are again looking at how rejections, volumes are going down, spot volumes and load rates are going down, and diesel is climbing again.
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Your videos help me keep up with what's going on. I appreciate it. Thank you
Love your attention to detail and through analysis. Love your work.
Thankyou, and a fantastic weekend to you too ! ❤😊
Thanks Ms info! I'm in the Connecticut area that info is really helpful thanks again!! Enjoy your day!!
Ms info 😂😂 good stuff
Hola, Miranda hope you have an amazing day!❤ and like always your looking amazing 😊
thanks for such a positive video intro, specially like the moment when you're in sunglasses)) and of course "ready, let's go" is 👍
Thank you for the info
Thanks Girl 🧒 You the Best here Midwestern!!!😝😊😎 today Lima Ohio!!!
Mine is one of the 884, just semi retired and wanted to work enough to pay insurance ECT and go to new places. But now health won't let me, already missing it.NOTE, not going to have work for nothing and be a threat to keeping prices low just to work alittle
Thank you for all you do ...
Hey Miranda, hope you are doing well. I need your advise here. I am truck dispatcher in a decent company with over 100 trucks in fleet but this week I was in a very bad situation. So to start with I knew I was going to have a dry van in Seattle WA this Monday and this company driver was supposed to be at home in Columbus OH for this weekend. So last Friday I had prebooked a load for him going to ID around 520 miles for $1200 which is pretty decent for WA I believe and plan was to take next load from ID in direction to OH. We got empty at around 12pm and right after that broker told me that the load to ID is canceled. I did my best but this driver had to sit there until Tuesday afternoon cause all the loads in direction to the midwest were paying less then $1.5 per mile and as you always say we should refuse those loads to not let this crazy market go down even more. I ended up taking a load on Tuesday at 4pm for 1,49 to IN cause at this situation it was the only way to get him somewhere in that direction. In conclusion I lost day and a half and took a very bad load trying to find a better option. What would you do instead?
I mean you did good man, get that driver back home. At those prices tho is definitely a loss when you factor in diesel and Tolls. Very unfortunate the times we living in. Some will say deadhead home to not contribute but hey in this situation the driver needed his home time and at least it covered the fuel and tolls spent to get there.
Thank you for this data.
Great job 👍
Hello miranda... Here's one for you ... I can remember paying.24 cents per gallon for diesel.in 1970... Lol... Greg..
Wait until they implement speed limiters for trucks in May. 15% loss in productivity per truck. Wait until NJ start to require 1.5 million in liability insurance. 10-20% cost increase or lose 7 states of work. Wait until they switch everyone to W2 with workers comp insurance required at 8-15% from the drivers salary. If rates doesn't come up by june we will see 5000 carriers drop a week.
NJ just passed it, ins will go up
I'm waiting for 25 years... this is not business... this is slavery and foolery...
Great job 🏆
I’m from California, I just pumped fuel,here it’s at $5.00
Better you than me😂
Another great video. LET'S GO!
My favorite load board teacher.
Volumes are higher, rejections are higher, but somehow when you talk about dry van spot loads, flatbed, and reefer spot loads, all of them are lower compared to last year? 🤔 🙈
Thanks
Ive been on dedicated contracted rates for 4 years is got to the point where its pretty much the same as spot they just keep renegotiating it lower and lower.
I figured that this would happen eventually with contract carriers. Rates are now dropping for everyone
Finaly explain the rejections🎉
She literally does in every video….
@@thedevilandhertrumpets4268 she mention in every video but bot explain
The scarf needs to make a comeback 😍
So, basically as a driver, I'm gonna take February's off from here on 🎉
Im just so glad Im not dependent on this sh@t anymore! People better find another source of income! Very sad situation! Thank you for your work!😁
I have a question. Do we know what percentage of freight in never contract freight. I know we talk about tender rejection rates. But I wonder what percentage of shippers only ship on the spot market? Your thoughts...
I was 41 miles from Twin Falls after I delivered. I told my dispatch about all the loads in TF. They sent me to Colorado instead.
Had railroad send email that opening there own brokerage for "RETURN HAULS"..Thought funny way of trying to move freight. Does that mean I can move it at my convience? ....Like when I find front haul?
what are the main difficulties or additional requirements for signing contracts? is it possible for small trucking company to do contract loads?
Greetings from Flagstaff
Have an amazing day Miranda glad to be first😎💪🏻
Hey let’s gooo!!!! Thank u
Do you have a separate video or graph for NYC truckers rejecting loads, and how it looks on the math and finance?
Youre the best 😄
Where you get the average rate for loads at ?
There should be 5,000 carriers going out of business a day
I am thinking to get doubles-trippers endorsement and carry my flatbed and reefer all together to stop caring about where to go ))
😂
Now that's funny 🤣 but soooo true
Miranda❤️❤️❤️
❤❤❤ Miranda
are "loads per truck" taking to account only posted trucks or ?
Yup I got charged for every flashlight,shovel,gloves,safety vest ,2 way radios hard hats you name it if they used it they charged it ad they held my truck hostage when nothing was wrong with my truck he lied to me and told me the DOT officer told him he had to take it and I wasn't even at fault
Hello
I have a feeling that rates will continue to stay stagnant. If the freight is being hauled at what it is now & has been, why would they increase them. The industry to me resembles the border being open
seems like texas has the most loads even if you have a single load per truck looks to be steady work
It’s plenty of loads in Texas but you’ll go out of business taking one 😂
The market provided a place for alot of carriers to enter the flatbedarket. Flooding it with trucks. The decrease is those same carriers switching back to vans.
A good example is ART transport, they bought 8 flatbeds and stepdecks during high market. Helped milk it to where it is and have now shut down that fleet switching back to refer van because thats is where the money is currently.
Alot of carriers are doing this, and it is why every market will become level with each other none making more than the other.
But if you have 1 refer and 1 flatbed you can play both markets and switch when the rates are better in your area and just stay regional.
Thank you for very very helpful and informative videos. I’m wife of owner operator carrier and trying to help with administrative aspects. It’s not thematic to this video but can anybody suggest app or tool that calculates toll charges for specific routes when using pre-pass. Thank you again. ❤
Get a best pass toll pass- its awesome
Thank you❤
Which is better if you’re just starting out flat bed, van, or refer?
Van I would say- it's the most hassle free trailer and the cheapest to buy. BUT, the rates are also usually the lowest in the current market. If you are ok with taking on a bit more risk, go for reefer.
@@TruckingMadeSuccessful thank you for your response I will definitely look into both again thank you for the advice and even making the time for me to answer my questions.
Tanker 💪💪
Longer I am in this industry more disgusting I feel about it. Another year and half and I am finally exiting to establish business in the industry with great involvement of IQ, intelligence, education, communication and appreciation. Truck, load, load, truck, broker, factoring hak tfu, boring routine with high ratio of narrow-thinking participants. Not trying to offend no one that’s just my manifest.
Boa im only a box truck carrier, but this game is crazy...
Hello
Was thinking of changing to box truck business! Is it worth it
If I have my own truck and my own authority do you think I can make $2500 after all expenses? Thank you for answering
@MrMeneya do you mean monthly or weekly?? Either way it will greatly depend on your market and your MC for the most part...
Thank you for replying
I meant weekly and I am in the Chicago area
I'm in Cincinnati... from what I understand... loads from out here goin over that way are usually partials and pay alright... but I've gotten good numbers comin from there goin back towards home... I think you could hit your numbers bein in that area because you're kind of near a bunch of states I usually see movin freight... just gotta be quick..
Hello,Girl friend again doing great job. Big hugs from Istanbul
You didn’t mention Boxtrucks?
I only talk about Semis :)
How come you never have any information about Power Only ?
We need to stand and fight for better rates this is robbery
What does freight rejection mean exactly?
I explained it in this video.
Do you still run refer or flatbed?????
Flatbed only
@@TruckingMadeSuccessful doing refer. It’s so hard to get to the markets I need to be without the brokers trying to get me to pay them for running their loads. I see what some of these rates are versus what they want to pay.
Do you have data about Amazon freight 🤔
I dont
@@TruckingMadeSuccessful
Thank you, I’ll keep watching your channel, very informative 👍👍👏👏
I can sense some of these brokers aren’t getting calls on some
Loads almost every load I called I got the rate I wanted stress free week In Texas now some loads are dirt cheap but they’re not moving guys just hold on it’s about to get better
The whole is about to get better you're funny
Numbers don’t lie according to Miranda. Trucking is full of lies.
Combine the two and you get this
--->
Why don't you comment on the Tanker market? Not hating, just curious
I dont have such specific data unfortunately.
@@TruckingMadeSuccessful fair enough. I thought maybe it's b/c the Tanker market is thriving?? But I'm just a tanker driver, and don't get into the business end of it. Lol. Love your videos
Nice question
Tanker rates don’t operate on the spot market. That is usually contracted freight. She offers info on the spot market which is the only market visible for public view.
@@southside06 good to know. Thx
Remember to cash advance all business credit card before go bankrupt
Lmao 🤣 might as well
🫡
Miranda , I use the “spot market “ and I’m getting my loads for over $ 3.5 per mile .
Course , it takes me more time to get loads , but I rather wait till all those cheap bastards take their cheap loads .
Not this week. You can wait all day my friend
@@legenda4341 . I don’t get it .
I'm like lets get some good news on my birthday feb 8th 😅😅😅
Happy Birthday!
@@TruckingMadeSuccessful thank you Mrs. Celebrity 😂😂😂
Ahhh Grrrrrrrrrr. Stop taking cheap freight.
And the brokers know this, so they want to pay almost nothing to get to a good paying market.
Mid year I would guess from June into 2025 pick up is coming . I see hiring pick up in my pond .. spot market maybe following behind .
Do skateboarders make more than door swingers?
Anybody driving for food?😂