What is Happening to ALL the Freight?! (Layovers, Waiting Time, Dispatch Delays)
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- Опубликовано: 1 июн 2024
- What is Happening to ALL the Freight?!
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In this eye-opening video, join Ronen as he delves into the mystery of disappearing freight in the trucking industry. Ever wondered why there are endless layovers, excruciating waiting times, and frustrating delays between dispatch and delivery? Ronen investigates the perplexing world of North American freight rates, shedding light on the unseen forces that affect the flow of goods.
Tune in to gain valuable insights and a fresh perspective on the enigmatic world of trucking logistics!
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📚 Chapters
00:00 Introduction - What is happening to all the freight in the trucking industry?
00:30 Decline in Containers
01:30 Freight Rates Declining
01:58 Ritchie Bros. Auction
02:12 Understanding the Freight Market
02:40 Sponsorship Opportunity with ET Transport
03:00 Builders and Construction
03:47 Food Industry
04:51 Cars & Automobiles
05:47 Thinking Twice Before you Spend your Money
06:47 Dependence on Chine
07:39 Freight Delays Across the Board
09:26 Manufacturing Plants
09:51 What can we do to survive in the trucking industry?
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#Freight #Trucking #TruckDrivers
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Sponsorship@ettransport.ca
For all media inquiries:
mediateam@ettransport.ca 
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I've been in the business for 30 years and I've not seen it this bad for this long....with no light at the end of the tunnel yet.
Wow I keep hearing this, I dont even think its bad. Sounds like the rebound will be KILLER cant wait
Wow!
Same here Champ, I’ve been in this business 16 years and I’ve never seen this bad for so long!
@@donttruckherehow much are you making per mile if it’s not bad for you?
Company wide we average 2.28 a mile right now. OTR rates are lower but we have our gravy train customers & accounts as well that are above 3@@poonetidestroyer8955
This is all interest rates, high rates are sucking the extra money people had. It’s down to buying complete essentials and cutting some. Inflation is making life extremely unaffordable
Fuel and insurance costs play a big factor. Your operation overhead goes way up especially when operators must drive further empty.
Usually Scammed Americans 😮
It's the terrible corrupt Biden administration
We’re doing team driving with my friend we made 554 dollars each /week
21 days away from our families dealing with 💩 people please guys find something else to do this industry is not worthy anymore .
Made $1,200 drop and hook rail intermodals as a solo driver in So-cal. I'm too old to learn anyother career and I'm not a people person.
I'm making 1k weekly solo as a company driver and that's at a lower than average cpm. Sounds like your at a bad company or maybe stuck their because of circumstances or choices. 554$ a week as a team driver is ridiculous. That's like 1200 miles at 50cpm a week... why even team drive at that rate...
FedEx is always looking for teams. I'd check them out right now!
I work for Amazon as a package delivery guy now, used to be a trucker making 1,300/week before tax salary and I’m still making only about $200 less after tax monthly, living way better, less stress, If you do the math and put the same amount of time in at a regular job you actually make more off the road in my experience in the industry so far. Was a driver for 2 years, not worth it
@maddog11ful a lot of local drivers are making 20 to 30$ an hour depending on the company, and your home life is much more manageable. Props to you, I have thought about making the switch myself. Being OTR doesn't come with the benefits of crazy money like it used to.
I really enjoy your video's! I am a container hauler & am with company with very good ownership that makes smart decisions. We are all owner operators & have very good rates. Although volumes are down all our customers stay with us even though many companies are lowering the rates. The reason they stay is the communication & trust that has been established over the course of time. Keep up the good work
Also, the owner operator that will survive is the one driving an old pickup!
I am so glad I got out of trucking when I did , if y'll think its bad now , just wait it's fixing to get a hell of a lot worse ,
@@kenwes6560 get out while u still can , or u will be forced out and lose everything , if u don't own your stuff out right , you problee will lose it ,
When fed start to cut rates it's when real problems going to start
@@Bekssss that was in jun of 22
I agree with you on a lot of points however when it comes to the topic of brokers!!! They are definitely a huge part of the problem in this industry. Brokers are actively!!! Working together and conspiring with one another to keep rates low, and push more and more of these garbage rates!! I myself have seen loads coming out of Indianapolis going to Joliet, IL paying as low as 250.00!!! And when I tried to negotiate the price, the broker hung up. Brokers have become so booshie they don’t even want to treat you like a decent person they are just pushing these garbage rates and if you don’t want it they just move on because they know there’s many guys right behind you that are so desperate they are gonna take that junk ass rate.
And you need to keep a record of these cut rate brokers for when the market finally turns around.
It's not the broker's fault if truck drivers will take cheap rates.
People might be holding off on what they purchase at the grocery store but the fast food drive-thrus in the evenings are packed.
Ain't that the truth. That's probably why everyone is "holding off" on buying groceries, they're to busy buying expensive fast food. 🤭
It’s cheaper for me to eat junk fast food than it is for me to go to the store unless I get ramen noodles.
Fast food is junk. Groceries are expensive
Sitting on dock,
Because people in US don't know how to cook
Imagine when Titanic was sinking and people were told to wait til ship corrects its self. Same thing being told to truckers. When industry is collapsing, you get out! Stop believing that it will get better soon cuze it wont! Left trucking after 14 years and best decision made!
caveat, the over abundance of used trucks will be a nemesis to freight rebounding. cheap wheels will enter the market at the moment rates begin to climb this will push rates back down. hang on we got a perfect storm a brewing
Well, i pretty much watched and scrolled by when i saw the trucker skits. I stuck around and subbed for the economics and behind the scenes look at things
Just had a driver in Phily for 2 days because i couldn’t find a “decent” load back to chicago.
End up taking 1.2 or 1.3rpm just to get him back on the road. Some broker couldn’t even give me last week rates
Railroad
What about crops like grain
Ronen actually makes sense.
You forgot to see the fact that the volume is based upon people who buy if the consumer doesn't purchase items don't need to be shipped and a current people don't have enough money to buy
Fair enough
People are buying less items but are spending more money on the items they buy.
TOO MANY TRUCKERS
Great video as always brother!!!
Good content. Just wish, so many companies were not falling for the driver facing camera Kool Aid.
It may seem like nothing now, but soon, these will be mandatory in all cars and our homes, including bedrooms and bathrooms.
Lawyers will also find a driver at fault, with clear undeniable proof and run a lawsuit in the tens of millions and drive that company into the ground.
Think on these things. 😮
That's too much for me that damn camera,,
You're top notch, always a pleasure.
If your a company driver running otr switch over to a local company with dedicated freight
My company has a super abundance of contracted freight going out, however, our biggest problem right now is getting loads to back haul in a timely manner.
I have no wait time between loads. I haul BTrain steel coils as company driver
Totally different
As you may have seen in previous comments, I was doing great. The last month I have seen many days with no loads or dead heading for many miles to get a load that pays crap. Right now, I delivered on Tuesday morning and have no idea when my next load is. Personally, no idea why. I haul a lot of lumber and hardwood flooring. These industries are constantly pumping out product but we have to many trucks for the loads. Luckily, I still have a few companies that pay good outbound, ut as always crap inbound. I have started refusing loads for east coast and west coast because of the rates.
Give arlo a call. In Idaho
Im a car hauler, the chip shortage in 2020/21 made many mega carriers go into the p.o.v(equivalent to Ltl) and used car transport. They drove the price down and it still hasn't recovered. A lot of us are leaving cars because their aren't enough loads and doing 7-8 partials per trip isn't scratching $4 a mile
Ironic that the destination and delivery charges on the sticker haven't budged, or have gone up.
In 08 and 09 I remember owner operators turning their trucks in. I was a new driver and lost job. Mad inflation followed and is doing so again.
08 never ended. It's all been a smokescreen...
@@BloomingRose60amen and now the smoke is clearing.
Ronen is a gem 💎
Good video👍
The trucking industry became over saturated with drivers during the pandemic. The diesel prices keep going up to balance things out. The government is doing this intentionally to get back control of the trucking industry. The less trucking companies the more control the government has. There is not a truck driver shortage. Its actually too many.
Now there's a conspiracy theorist. No, the industry wasn't saturated with drivers during the pandemic. Yes, there is a very critical shortage of drivers and has been for about 3-5 years. It's very real and isn't going away soon. More drivers are leaving this industry than ones coming in. In the current environment with freight volumes down it isn't as noticeable as it was in previous years but make no mistake there are nowhere near enough drivers for normal volumes. The same shortage will exist and wreak havoc once volumes come back to normal.
@@halevictor there is no truck driver shortage at all. Any truck stop or rest area I go to rarely has anywhere to park. Maybe several years ago there was a shortage but definitely not now. Apparently, you don't drive many places otr, because the trucking industry became over saturated with drivers during the pandemic due to high rates they were paying. After the pandemic the rates dropped and now many trucking companies are selling their equipment and going out of business.
@@truckdriver_8469You might want to do a little checking on that one. This one is an easy one. Currently the US is about 80,000 drivers short and most studies predict that by 2030 we might very well be 160,000 drivers short. There was no over saturation during the pandemic. In fact the opposite was true. When you say "due to the high rates" I'm assuming you're talking about freight rates, which were very high, but freight rates do not attract company drivers ... wages do. Just because rates are high that doesn't necessarily equate to higher wages. Depends on who owns the trucks and how bad they need drivers. Drivers wages have definitely gone up, which they should have long ago, but the reality is that the driver shortage started the wage increases across the board. Since the start of this shortage of drivers could and still can go anywhere they want. Very few trucking companies have full trucks and it's why they're all promising the world to drivers. In order to keep the drivers you had, carriers were forced to increase wages or lose more drivers. My company increased driver wages 3 times in 18 months during the pandemic due to the shortage. This is by far the worst it's been in my time in this profession and it's getting worse with really no end in sight.
@halevictor Freight volumes aren't "down". They're back to pre covid levels. Even if it's slightly lower the guy is right....still too many drivers on the road that hopped into the industry 2019-2021 that haven't left yet
Yes because politicians the ata keep perpetuating the lie there’s a shortage of drivers. There’s not we are over saturated and now the democrats and trying to out a huge influx of foreign illegals as drivers.
We did it Joe
Number one and the biggest problem with trucking is greedy criminal trucking companies
ive been pretty lucky, havent had much for layovers thankfully. onlywaited down east or the mid west, west coast is keeping me busy CA/USA otr
Quit now owner operators, come back in 2026, save your sanity
@@kenwes6560 Fed rates should drop by then, as well as fuel. Next year looks weak like 2023
Meanwhile I’m still running 3500 miles a week. The joys of running reefer. Even in bad times folk still gotta eat.
I work for a local LTL company in the northeast. We have very steady freight coming in and out. So much so, we’re expanding.
The northeast has strong trucking, midwest sucks right now
That’s awesome but most are struggling
What about all the NEW distribution centers being built in Arizona and New Mexico (+) . They are huge! Are they not receiving the business they expected?
I just was stuck in San Antonio for 5 days
We had a trade war a few years ago. That cut imports. But the trucking industry rebounded quick compared to this. What's different about now vs. 2019?
You just explained a recession even though the Biden administration will never admit it!
Exactly! But he won't be able to cover the shtt show...
😂 post trump
Economy gentleman 👏 it comes with ups and downs
Trucking is the first indicator of the economy. Just thank Biden for this stellar economy. Keep voting democrats in and vote for your bankruptcy.
We actually use to feel it last.. but somehow we’re on the forefront this time around 🤔
@@mikeydee8398 high price, diesel and high crime and vandalism leading to high insurance. The truckers definitely feel it first.
Hello . I Have been watching your videos for a while. I have a question for you . I am buying a truck off the company i work at. I sure that I'm over paying for it. Last December I started paying $700 a week for it. I have one year in ,the now has 452,000 on it. I have two years left to pay for the truck. I do like the truck , it's t680 with an Cummings 14.9 isx motor . But not crazy about the automatic in it. My question is do you think I should stick it out. Or give it back[ it is an walk away least] with prices dropping on all
Ive not waited for no freight...guess thats the benefit of pulling locally sourced food.
Bring in more people!!!!!
What you fail to discuss is the fact that just like the number of trucks went out the number of brokers skyrocket and now those brokers are all fighting over the same freight just just to have something that they can post and this is artificially pushing rates lower. When things are good they took out loans to leverage their market to help them expand. And just like if you notice meadowlark at the very end when they start to lose it they were offering higher rates because I didn't plan on paying
@@user-zx1hq2wj2s It’s because these new gen and trucking gurus. Won’t stop going on YT and social media’s seeking validation and prestige.
They show their settlements whenever they are profitable. The meta is 100k. So as soon as they make 2k for the week they run straight to the internet.
That’s why this saturation of new drivers and brokers flooding more than usual. It’s going to prolong the down times much longer. Everytime the industry has a slight relief. They start campaigning that it’s the easiest +100k you can make.
They want to be content creators so bad. Majority doesn’t care about trucking. And want to use trucking as a launch pad to riches.
Until something else is perceived as “easier” to do. (Essentially a new meta). It’s going to
Stay like this.
What do you mean by loans to leverage their market? Are you saying they brokered at a loss with loans to gain more business?
They didn't take out loans they used carriers money to expand
You're right I saw it on the news. They clipped one guy with a couple of trucks. They got him for 75 grand. People will do messed up stuff when it comes down to eating.
Can it be that after the crazy all time high now comes back to a normal level.?
It can not always went up more and more
Same place it always is, over saturated trucks, just makes it seem less, and keeps rates low.
Everybody is taking but nothing gets resolved
I ran for Equipment express for years.Cat would dictate weight and mileage rates to the carriers if they qualify. We would run from Ontario south to say Texas then run empty to Illinois cat facilities all over the state. The cat loads always were substantial. We loaded sometimes at the keen yards.fuel was a buck a gallon. What happened to us .For starters the middle man has got to go .Service and reliability behind the base carriers.
I believe the future will be train for hauling long haul and trucks from train terminal to distributor, going to be mid/short haul jobs. States will eventually goto an alternative powered (not diesel)truck required for hauling into cities. Not to mention the driver issue, if there are too many drivers then when does it come time to revoke work visas from outside countries for truck drivers? We need absolute broker transparency- exact breakdown of charges. It will be interesting times ahead, probably never back to what it was but more specialized trucks, the days of one type of truck doing everything is fading away.
Plus there is all the companies that haul luxury items like giant fiberglass pools that aint happening right now there not selling so frieght pool is shrinking leaving what's left is giant fight between company's
Alot of canadian companies stay in business cuz they do interstste in us. Whats the penatly for that if you get caught at scale as driver?
Walmart had 75 percent off Halloween candy. 😂
Trucking has always been feast or famine. Just like oilfield. The ones who get through this will be golden when rates come back
If they want manufacturing to come back to the United States or Canada the governments need to lower taxes, and cut regulations
It’s the Biden economy! “let’s go Brandon “
Post trump.. he love the uneducated
The new NAFT deal has helped kill freight. The new deal allows American companies with Mexican attitudes they can use Mexican drivers in the US. Look at Swift, which owns Transmex. Before the new deal, they had 300 drivers. Now they have over 3000.
Next year will be bad but in 2025 we things will turn around and we will have good freight rates when more companies go out
Medicine ship & plane
Yup then it will last a couple years and and it will be back to the same BS...running a truck OTR is no good cuz it's to up and down.
Sucked up by the mega carriers
Lavish lifestyles, like a $25k sauna😂😂😂
You laugh but when truckers are forced to forgo basement saunas can the republic endure?
cant believe this rocket scientist could figure this out!
I want a sauna
You can always find work with a CDL class A. You might not like it. And it might require using a shovel several hours of the day. But you'll have a job
I had to park my truck and drive for a company its the same money
Usually I bitch about delays. I delivered a load last weekto an Amish Lumber Co. The owner was not there and would not be for 2 hours. Normally I would bitch but that is becoming the norm. The boss'es wife baked me cookies while I was waiting. Damn Good cookies. Sometimes the wait is worth it.
Haha! Definitely sounds worth the wait!
back to normal. economy is great tho. dont forget
in the ltl sector is a thing called artificial scarcity. they hide behind trade secret law to obstruct justice on antitrust law compliancy. what this means is restricted job growth/creations, restricted trade, price gouging, and unserviced customers who need to wait for service. and too high barriers for competitors to jump in to compete.
but each sector is different. parcel is duopoly. but what werner enterprises picks up spot freight and is competing with each owner operator and his mother and cousin. so the workers at companeis like werner can't negotiate or price gouge, they take what's given or pick something else. and then the shippers can get together if there is few shippers of a market and come together to raise prices and violate antitrust laws vs companies like werner or owner ops. so what this means is maybe price gouging in the form of ultra unprofitable rates for truckers. etc.
wait time as shippers is different with each company and each shipper reciever. fedex ground has drivers wait over night at their terminals without pay. but if working for a company like werner you can go find another shipper instead. but in ltl the wait times for drivers is generally shorter and you get paid, but this sectors lacks job creations. etc.
Did you ask chatgpt to write all this shite for you
A in home sauna should cost no more than 5 grand. You can do mos5t of it yourself.
It is my understanding the missing freight all goes to UNCLAIMED FREIGHT! Getting what you want, at a ridiculously low price.
What do you mean "missing freight" and "unclaimed freight"? Never heard of either.
Train 🚂 has all the loads
Not true BNSF freight down 15 percent.
JB hunt is going to reopen quantum program. They started in 1998 which will take eleven Million loads off the road. And transfer them to the railroad.
Hopefully more brokers go out of business. Couldn’t have happened to a better job
This guy brings in foreign drivers and cant figure out why rates are garbage
Well, it is a foreign company… Based out of Canada
The more joker companies and clown drivers that leave the industry the better
What is there to be clown driver. You hold the wheel and go where you are paid to go. Any idiot can do it.
Since the government wants to be involved in everything damn thing they should require a RPM minimum of 4.25
bruh you cant keep 20 trucks moving out of Atlanta and they layover? Im lost this market is easy right now lol
The trucking companies have over flooded the job market
Intermodal is only one component.
I didn’t see not discounts two weeks ago when I bought my AUDI R7!!! what you need to do you need to STOP been so NEGATIVE to the industry and to all the drivers and the future Drivers!!!… All my Trucks are running my drivers are getting pay STOP been so FK NEGATIVE!!!
I started working less so they stopped shipping more
Wow. 50%
Yup! Shocking isn't it.
Lol and if Ronen builds that sauna himself he will get it half price
Are simply way to put it people just got too greedy and this is the consequences
Im glad i retired done with all that bs 😊
50% fewer containers? Please provide evidence.
Dude is clueless for the most part. At least in the American market. People are broke. Inflation has ate up people’s savings. Majority of Americans are living paycheck to paycheck. There is less freight because the dollar doesn’t go as far. People haven’t gotten smarter, they just got broker. There is a repo crises currently going on. The housing market is dead. I make 100k a year and I would struggle to afford a 200k house at 9 percent with just putting fha required 3.5 percent down. We will be seeing more and more slums in America. American will become the new Venezuela with the rapid inflation. American politicians will keep changing the data to read the opposite.
It all in the long Beach port
Hundreds and thousands of good
Laws has changed in California
The port of LA only want clean idling trucks no.admisson
In there back yard
So u are going to need pretty soon
An electronic truck in order to
Hual out of the port
I'm sure that everyone or truck driver can afford on there only
About 5 Hundreds thousands a truck
Tesla dropped prices on their cars because congress wouldn't honor the tax credit for their evs...had nothing to do with the economy
Recession
Hey sent you email about some advice
Don’t forget materials for builders
Ive had 3 canceled loads and 1 shipper wanted to hold me fir 12 hours but i still managed a $6500 gross and to me thats nothing really its too many drivers that cant even speak english and they killed trucking idk but people still have to eat and live and use every day products so it can never be less loads we will always have to consume food so it will always be loads and im noticing drivers cant speak any english here driving trucks thats the end
Waiting for a decent load out of mass. Garbage out there
Well that’s the Governments plan. To thin the Hurd .
better off hauling containers. having no issues hauling containers. not sure what he talking about. not everybody and every company cut out for port trucking work and must be able to get a TWIC card. i just haul locally, pays better.
Where’s port at? Buddy
40% is coming through California
Companies are hiring indentured drivers from foreign countries (business solutions) that work for peanuts and a carrot (green card)....
What u guys think how long this shit gonna be😂😂😂
I have a 2003 Ram 2500 with 5.9 diesel and 2 wheel drive. I was told I could get 2x KBB value. I was looking at a 2024 Ram 2500 4x4 at 67500 bucks. My 2003 would cover in trade in almost half the cost. I didn't do it due to I love my truck.
Don't do it. Keep driving that 2003 5.9 cummins. New truck just look nice but expensive and garbage.
There was a video of rich people’s underground bunkers being filled with everything needed to survive a long time. Everyone else is going to be left outside with nothing. Have fun.
In a nuclear explosion, only the cockroaches will survive.
Just remember to keep voting blue. 😂😂😂