This information is Gold! I wish every owner operator & broker would watch this. Not all money is good money…Drivers Need To Stick Together & Stop Taking Cheap Freight. Thank You 🙏🏽
Same happened to me a week ago in MA. On Monday July 31st I needed to head back home TN to be home next day on my son’s birthday 8/1. All what I found is 0.97$ per mile 48k pounds for 1,050 miles. That was like a spit into my face so instead I deadhead 1,050 miles back home and next morning I’ve loaded my truck in VA 370 miles away from my home for 2.92$ per mile. Saving my honor was my main goal and moral in this story. And saved some fuel to while driving 700 miles empty.
GREAT video! Keep up with the rants! I've been sitting at home for several weeks because of the rates, just watching trucking companies go out of business, biding my time waiting for a decent rate. I don't haul cheap, period. Not even to get back home.
Thank you Miranda great video, and just to add, brokers are completely dependent on us drivers with their salaries and we the drivers dictate the price. If the price doesn’t make any sense just refuse it. Let it sit at the shipper. Say no to cheap loads ❤ Stand United !
I do that math every load. I calculate the time I have invested in loading and delivering, tarping if applicable. I find an alarming number of loads equate to a larger loss than just going home empty. I tell brokers constantly, "You dont work for free, neither do I." I can roll empty cheaper than hauling freight at a loss!
Either sit and work on better paying loads, use deadhead and miles together to work on a bottom line better paying load or sell the truck and trailer and be an Uber driver but as Miranda said QUIT TAKING LOW PAYING LOADS!!! You are all killing the market by accepting crap rates. If the thief loads sit they will have no choice but to raise rates.
WELL SAID!!!! … but did you not know that already? 🤦🏻♂️ It’s not just tires, but additional wear and tear on the engine, transmission and differentials and brakes, to name a few. 44k lbs really does take a toll on the equipment.
@@Razdva050he means that the equipment wears out faster. The extra fuel you burn doesn't push any wind. You are pushing that empty. Is almost all friction in engine, tranny, wheel bearings, etc.
You know, there are so many YT trucking channels, each with their own audience, if you all could come together and start supporting one another, you would reach a broader spectrum of people. Maybe its wishful thinking, but your number crunching is absolutely amazing and needed. So many could benefit.
Don’t forget the wear and tear on the reefer, the liability, the wait time at pickup and delivery. Plus if you needed a washout after the load is delivered. Good call on running empty. These brokers are taking such an advantage of carriers.
I own my truck free and clear. I have a habit of calling brokers posting cheap freight and offering a ridiculously high rate after they think I'm gonna haul their freight at their bs rates. I.e. broker offers 60% of average (which is stupid low to start with). I will offer 225% of average... when they get offended, I just laugh and say, "Feel free to call me back, but my rate, if im available, will be 300% of average." It has worked several times. It's not for everyone but I can afford to sit days even weeks if needed before I move a Fortune 500 companies junk at a loss to me. My truck also stays posted at $4.00/mile.... i do get a few calls a week and get asked if im crazy expecting that kind of rate... i simply respond with, "You called me. Apparently, the bs rate you had the load posted for didn't get the load covered, and my minimum rate is $4.00/mi."
Love your videos, Miranda, but please can I be a little nerd in regards to fuel math for this run? I understand that you've calculated the second tank fueling in full, because your driver probably will do that when he runs out of diesel. But for the sake of accounting, I think we need to calculate the pure expenses for this run in order to have a clear picture. So we have close to 1257 loaded miles(depending on that deadhead to the pick up). And consumption for loaded miles is 5.5 MPG - 1257 miles\5.5 MPG = 228 gallons for the total run. So, you need to buy 200g in WA and the rest 28g in CA. 200g*4.67 = $934 + 28g*5.2=$145. Plus reefer fuel $233 and we have $1312 fuel cost for the loaded miles. Then we go home empty 200miles\9.7MPG = 20g*$5.2 = $104. Grand total expenses are $1416 minus $1100(income) = $316 total loss. A deadhead of 1097 miles from WA would cost $527.71 - 1097miles/9.7MPG=113g*4.67. >>> So it's $316 loss with the load against $527.71 without a load. Of course, the amortization of the truck and reefer unit will also count as the other small expenses, but I'm not trying to prove you wrong, I just think the calculation of exact spent miles and fuel gallons will be more useful if we're looking into one specific run, that's all. But that's only my opinion :) Please make such videos in the future. It's a very interesting and mind-challenging content 🙂👍
How these Carriers don't understand this is beyond me! Maybe a lot of these Carriers need to just shut down and leave the fixing of this mess to the rest of us.
Jenny Hoffa! You should put a sign on a billboard somewhere in L.A. that says if it doesn’t pay $5 a mile don’t haul it. Start a donation to pay for the billboard
Exceptional advice! Bravo! Some of us avoid Florida loads because of its low northbound price. If we get a good load going into Florida , we will DH to Atlanta. Brokers story of “it will at least pay for your diesel “ is BS bc a truck has many other expenses including drivers time . We know that if we DH , it will eventually help somebody else. We need to collectively improve our situation . Better together . Thank you for putting this out ! 👏💪🙏🏽
We for one DO NOT take these crap rates. My husband had to let go of a dedicated load this week, because he could not find anything worth paying a damn to get him to his loading destination. He found another load that paid good in this market and ended up home in a day and made about half of what he has been bringing home in a week in two days (left Sunday home Monday). So we are totally with you on this. STOP TAKING THESE CRAPPY RATES!!!
This has got to be the best video on the planet pertaining to why we as a whole should not run cheap freight. Ppl talk about it not running cheap freight but they don't get into the nitty gritty of it like this video. I want to name this video "Numbers don't lie" Sincerely yours 467 Transport Inc 😎👍🏾
Very good rant! You're absolutely right! I'm not in the trucking business but this applies to other business'. The key is for everyone to stick together and not take these cheap loads. I know it's easier said than done, but it has been done in the past and it can be done again. They will come up on their price or their perishables will rot if they don't. It's such a simple strategy yet hard to accomplish because too many carriers take cheap loads. You, the carriers, control the price NOT the brokers but you're allowing the brokers to control them.
I completely agree. How much further are you willing to drop rates, there has to be a cut off at some point. I think particularly there should not be any reason in hell to take anything under 1.50 and ideally always stay north of 2 unless you know you are going to a superb market. The cost of operating a truck has risen to around 2.25 a mile due to higher cost of new equipment, driver’s higher wage, and more expensive parts and labor. Of course and the fuel and insurance premium. So if you think you are profitable at less than 2.25 you are cutting a corner somewhere. It is like doing Uber and think you are making money, but you are just trading money now with depreciation of the car later. There is always liability running a load, and you are not only tearing and wearing your equipment. I would prefer to not make money, than to lose money. Taking those cheap freight is like a Spanish phrase that translate as: bread for today and hunger for tomorrow (Pan para hoy, y hambre para mañana). We continue to be the main problem of rates going down. Yes it is true as long as there drivers are willing to accept those unacceptable cheap rates of less than a dollar or a 1.20 the market will continue to offer them. But the less drivers are willing to accept those rates the sooner we can climb out of this freight recession. You need to ask yourself are you part of the problem, or you are standing your ground and attempt to be part of the solution. Prop to you guys by recognizing that there are some lows that you are not willing to accept, and would prefer to deadhead than allow this level of disrespect and explotation.
Good content, last year same happened with us and we did deadhead to Cali. Also you didn’t consider Oregon state tax which is $0.237 per mile. And there is a higher possibility to get broke your truck with that heavy loads in mountain (hill road) and it is difficult to drive heavy truck as well as drivers spend much efforts to take a distance between other vehicles.
Just when i thought u couldn’t make another great video….u go and out do your self; bravo and well done; this has to b on some type of highlight or something, its extremely important truckers see this information
I deadhead 3 times a week from FL to GA I have bin in business sence 2018. Logic does not work with Florida rates because these are the rates for the last 35 years I will never load out of Florida. Oh, I live in Florida. So believe me you did right.
Oh n today out of FL they are trying to push it for $1.00 and brokers are saying they don't have to raise it because they are still moving it. Good for those that haul for the negative.
Hi . I do the same thing today , being offered 1000 for 1150 miles dry van load 43000 lb, from seattle wa to south cali🤦♂️🤦♂️🤦♂️, now we are deadheading
You are absolutely right. I know a few shippers, and there are paying 4 to 5 dollars a mile, and I have seen their loads on the load board for 1.25 a mile . The brokers got use to making more money during the pandemic, and now there in the frame of mind that they deserve more . Just ask them to send the paperwork showing the total rate that the shipper is paying . If they are not willing to share the information, you know they are getting paid a lot more than there telling you .
I wanted to also add that supply and demand defines the cost of a good and/or service. Shippers are not paying top dollar for shipping their loads!! Don’t always blame the brokers. Shippers have only few loads to ship and if broker no. 1 won’t take it for cheap, then broker no. 2,3,4,5 will take it for less. Shippers are not paying the same anymore!!
This is true. I spoke to a broker last week about loads out of Ohio to Cali and he said they lost all those lanes. My guess another broker under bid them.
Most companies are still paying pretty well over $3 per mile. Stop that narrative because companies have to get freight shipped. It’s MOSTLY the brokers getting $3-$4 loads and just posting them DIRT DIRT cheap and blaming it on the market conditions. Please ask me how do I know this lol
There a lot of foreign brokers and consumers in other countries doing this to our products in America!!! America is bleeding, trucking will not be the same unless we pull from that crap
You finally said it. Figured this out years ago and I always deadhead back out of Kent wa. You could have headed down to Weed and loaded water down to southern cal. Usually pays good in the summer.
I get your point but, you don’t have to fill up your tank in California. It might time to leave spot market and lease to a carrier with load board for a couple months.
She is right. Does anybody with more experience than me know what their cost per mile is running loaded compared to deadheading. Its not just fuel and tires, its engine wear, trans wear, suspension wear, extra time,etc.
The numbers don't lie. Miranda has laid it out very clearly. Truckers are really in control of the market. Without truckers, shippers can't deliver their goods and brokers can't make any money. It makes no sense at all for truckers to cut their own throats by taking loads that don't pay a fair rate. Thanks, Miranda: nobody else could've said it better than you. As always (LOL).
Miranda, thank you for making these videos and even bigger thank you for being honest and telling everything as it is, and not pretending like you’re so much better and getting all the best loads, that other "looser” trucking companies can’t seem to find. As for “stop taking cheap freight” motto, I couldn’t agree more. Every time I hear some talks about strikes organized by carriers agains brokers and low rates, I just laugh and keep repeating, WE DO NOT NEED TO ORGANIZE ANY STRIKES, JUST STOP TAKING CHEAP FREIGHT! Carriers that take cheap freight are the one to blame, not the brokers. Brokers will always try to make the most on every load, and it’s up to the carrier to take that load or not!
Good day, excellent video. You’re spot on, I’ve always talked about TIME being probably the most precious & expensive commodities a carrier has. Contrary to what most believe, it is NOT fuel or truck payment etc… We can never replace our time, we can re-fuel the truck but cannot replace time. Listen if you’re only making let’s say $400 after fuel on a load but it takes all day and 600 miles; is that worth it to you? You would make more being a Professional Burger Flipper than pulling that load. I’m also not a fan of sitting unless absolutely necessary, just be smart about things and ask yourself; am I worth more than a burger and fries? If you believe you are stop accepting Burger Flipper wages. Stay safe.
Good video! I forwarded this one on to our drivers also...the rates out here are definitely changing how we have to dispatch when relying on the load boards! I've told our guys that we now have to get out of our regular comfort zones and just do what we have to do. It may be waiting for a day in a truck stop for a good load, bigger deadhead miles, going to that city that everyone hates, tarping, being out for a little longer than usual etc. We do have some control on how this game is played and saying no to the TQL or Circle or Coyote brokers is where it starts! Thanks again Miranda!
Why not calculate the fuel in cents per mile on what was purchased? That would even out the fuel left in the tanks or carried over from previous loads.
💯 % agree! Enough is enough… if broker is telling the truth about the rate late him eat it…they must be forced to demand more money, leaving the freight on the board gives them justification to demand more from the shipper…
Wow amazing. You should fix our country then the world. I really understand why my brother stopped trucking just under a year. Great video. I wanted to get my CDL but doesn't seem like it's worth it
You are right sister the broker is pocketing the money are used to be owner operator I know how it is we all need to stand together love your video keep doing what you doing thank you
I did a load from Prague Oklahoma Ty Whilling OH, for $3.00 per mile n also 3.00 coming pack to Prague Oklahoma, $6000.00 turn around back , quick hauling loads that don’t pay
A terrific video and very helpful that Miranda is illuminating a point about the net cost of taking cheap freight vs. deadheading back home, with mpg and other costs factored in. But, at the end of the day, as a small carrier we're operating in a dysfunctional fishbowl. The spot market at one time was a refuge for small carriers looking to decide for themselves on the loads and prices they'd accept. But, what seems to be true today is that small carriers that are staying marginally profitable have a book of business of direct freight, ie: shipping customers. They blend their month's revenues with direct freight lanes mixed with some spot market backhaul. My sense is that Miranda is well positioned to be competing for more direct freight. She's whip smart, knows the business and has the integrity and customer service acumen that many in the business do not have. I'd like to see her businesses move int more direct partnerships with shippers and look to even expand her companies' capacity to service shippers directly at better rates. Just as in any business, people that can be service minded, aware of the needs of shippers (your valued customer) and deliver exceptional and trusted service will always get business. If you're an old-school grumpy type that won't market yourself, sees brokers and shippers as the enemy, and otherwise refuse to provide good communication and service, well the market may be evolving beyond this dinosaur mentality. This is a time of not only survival of the fittest, but opportunity. Miranda's companies are positioned to be ready to build new business in the coming years' new paradigm in trucking. The spot market will always serve a purpose, but Miranda is an exemplar of the skillsets needed to move beyond the "bruised fruit" market of spot loads ( and current unhealthy 2-3 percent rejection rates) into a more lucrative garden of opportunity with more direct freight relationships.
I always reject any low paying loads and dead head out of that area even if I'm going to the same area. I'm not going to occupy my time and use of my truck on a load without profits. 88 cpm that broker can stick that up his tail pipe.
The only flaw in the math I think would be that those last 200 miles from delivery to yard was empty and would be at 6.99 MPG.. But the savings is neglible and you still lose money hauling the cheap load. Also even if you own the truck and did not hire a driver.... The real message here more about knowing your numbers.... The only way youll know if a load is cheap is if you know ALL of your numbers, fixed and varible, so you know before you haul something if its worth it. I never understood the reluctance to run empty to a better market. You just proved that fuel savings alone can make the difference... Thanks for a great video
This is RIGHT ON THE MONEY, she is the truth, the light, and the way. If we come together and don’t move loads for cheap then the brokers and shippers HAVE to pay up. The man on the ground doing all the work gets the lesser while the broker who was born lazy and sees easy money that should be going in our pockets gets paid to do nothing but sit in front of a computer and make phone calls all day. In my opinion brokers are lazy and don’t know what HARD WORK IS
Miranda thank you for your videos I am 7 days on reefer load Ga to ca I got 3300 and I am making 18 an hour, i had to buy a new tire -450 , I am stopping the wheels, I rather be with family and working in Mac Donald I don’t understand how truckers keep the wheels rolling
I believe that TQL is part of the problem. They charge/quote shippers high and pay extremely low, in my experience. We have a forklift that we needed to get shipped from Aurora, Co to Phoenix, Az and we got 3 quotes from 3 different brokers, and sadly TQL was the highest quote at $3900. The others were $2450 and $2900, so. Why TQL had to quote so high is beyond me, and I guarantee that they would have probably paid the truck driver MAYBE $1300 or so. Needless to say, we didn’t pick TQL. I’m just not very happy with them at all, and there are so many Brokers who do the same thing as well. They act like they are the one’s going out of their way and doing all of the work. Thank you for the awesome video, by the way.
For the cheap load you calculated with full tanks at the end of the trip. For the empty load the about 1/3 tanks of fuel at end of the trip. Yes its a loss and not worth it but you got the fuel for your next trip. Vs not. Taking cheap rates lowers the rest of the rates.
I use to do 500 to 600 mi loads & I got around $3,000. The loads were dead end loads. I would have had to drive a 500 mile for any load, so I'd just did a turn & burn back & pick up another load.
Unfortunately, it’s sad when you see these loads so cheap. I usually try to get a load to take me to northern CA, and if there’s a good load to southern CA, I take if not I drive empty.
Great videos as usual... I know I sound like a broken record but OUR INDUSTRY NEEDS REGULATION. Look at the real estate industry and you will see how regulations keep the housing market in check. Brokers are beasts of opportunity. The shippers are paying more, the mechanics are charging more, the fuel is costing more and the Brokers are taking more but the drivers get LESS. Brokers need to be regulated at a set percentage of the load. This is good for the shipper who will now know what they pat will go for the best quality driver. The driver will know what they make is fair or not in the market. And the broker will make a fair (yet needless) cut of the profits for doing so little and having 0 liability.
You would think everyone knew this business. I drive empty all the time , especially going home , I won’t take a loss on any load. Especially 48000 lbs
How can you count the 2nd refuel as a loss though?Most of that diesel will be in the tank for the next trip. Shouldn’t you only count fuel actually used?
Well the problem with trucking is most drivers can’t do math . Lots of people think they make more money by just by keeping the truck moving and driving a loaded truck at 75mph. I have deadhead out of colorado 700 mile. I’ll deadhead all day instead of taking a cheap load. I’ll rather have the truck empty and ready in a good location. Unfortunately that’s how life work. Must of those carrier will run out of money soon. On this market with small profits you need drive at a good MPG. Meaning 60-65. 3000 miles at 70-75mpg vs 60-65. Is a 1k more a week. And 6 hours more. that 4k a month 48k a year. My truck average is 7.7. And 8.2
This information is Gold! I wish every owner operator & broker would watch this. Not all money is good money…Drivers Need To Stick Together & Stop Taking Cheap Freight. Thank You 🙏🏽
Same happened to me a week ago in MA. On Monday July 31st I needed to head back home TN to be home next day on my son’s birthday 8/1. All what I found is 0.97$ per mile 48k pounds for 1,050 miles. That was like a spit into my face so instead I deadhead 1,050 miles back home and next morning I’ve loaded my truck in VA 370 miles away from my home for 2.92$ per mile. Saving my honor was my main goal and moral in this story. And saved some fuel to while driving 700 miles empty.
Some truckers have been doing this including me for God knows how long, preach it sista. thank you for the video.
You’re gonna go far in this business!! Please keep teaching folks
GREAT video! Keep up with the rants! I've been sitting at home for several weeks because of the rates, just watching trucking companies go out of business, biding my time waiting for a decent rate. I don't haul cheap, period. Not even to get back home.
Thank you Miranda great video, and just to add, brokers are completely dependent on us drivers with their salaries and we the drivers dictate the price. If the price doesn’t make any sense just refuse it. Let it sit at the shipper. Say no to cheap loads ❤ Stand United !
I do that math every load. I calculate the time I have invested in loading and delivering, tarping if applicable. I find an alarming number of loads equate to a larger loss than just going home empty. I tell brokers constantly, "You dont work for free, neither do I." I can roll empty cheaper than hauling freight at a loss!
I'm sharing this video to as many of my social media platforms as I can. This was a well said and well-thought-out video. Very well done. Thank you
Likewise
Either sit and work on better paying loads, use deadhead and miles together to work on a bottom line better paying load or sell the truck and trailer and be an Uber driver but as Miranda said QUIT TAKING LOW PAYING LOADS!!! You are all killing the market by accepting crap rates. If the thief loads sit they will have no choice but to raise rates.
WELL SAID!!!! … but did you not know that already? 🤦🏻♂️ It’s not just tires, but additional wear and tear on the engine, transmission and differentials and brakes, to name a few. 44k lbs really does take a toll on the equipment.
What means 44k lbs really does take a toll on the equipment? It wearing off the equipment?
@@Razdva050he means that the equipment wears out faster. The extra fuel you burn doesn't push any wind. You are pushing that empty. Is almost all friction in engine, tranny, wheel bearings, etc.
The roughest part of trucking is the fewer trucks you have the less flexibility you have in covering your CPM.
You know, there are so many YT trucking channels, each with their own audience, if you all could come together and start supporting one another, you would reach a broader spectrum of people. Maybe its wishful thinking, but your number crunching is absolutely amazing and needed. So many could benefit.
Don’t forget the wear and tear on the reefer, the liability, the wait time at pickup and delivery. Plus if you needed a washout after the load is delivered. Good call on running empty. These brokers are taking such an advantage of carriers.
I own my truck free and clear. I have a habit of calling brokers posting cheap freight and offering a ridiculously high rate after they think I'm gonna haul their freight at their bs rates. I.e. broker offers 60% of average (which is stupid low to start with). I will offer 225% of average... when they get offended, I just laugh and say, "Feel free to call me back, but my rate, if im available, will be 300% of average." It has worked several times. It's not for everyone but I can afford to sit days even weeks if needed before I move a Fortune 500 companies junk at a loss to me. My truck also stays posted at $4.00/mile.... i do get a few calls a week and get asked if im crazy expecting that kind of rate... i simply respond with, "You called me. Apparently, the bs rate you had the load posted for didn't get the load covered, and my minimum rate is $4.00/mi."
Love it!
Love your videos. Dont be afraid to speak your mind we are all probably thinking the same thing.😉
Superb, you sir, get it, most guys don’t get it…
Another great video, you made me feel better about my 330 mile dead head. Thank you ✨🌸✨
I eat deadhead right now going out and coming home, usually 180-250 miles. But the math works, and NO CHEAP FREIGHT.
I've wanted to do this video but I don't have any followers 😔thank you for doing this your definitely correct!!!
We got more than 80 owner operator registered with us. We are with you Miranda will share this with them lets take these brokers down for good
You did the right thing young Lady !! You don't haul freight for nothing....God Bless you and yours !!
Love your videos, Miranda, but please can I be a little nerd in regards to fuel math for this run? I understand that you've calculated the second tank fueling in full, because your driver probably will do that when he runs out of diesel. But for the sake of accounting, I think we need to calculate the pure expenses for this run in order to have a clear picture.
So we have close to 1257 loaded miles(depending on that deadhead to the pick up). And consumption for loaded miles is 5.5 MPG - 1257 miles\5.5 MPG = 228 gallons for the total run. So, you need to buy 200g in WA and the rest 28g in CA. 200g*4.67 = $934 + 28g*5.2=$145.
Plus reefer fuel $233 and we have $1312 fuel cost for the loaded miles.
Then we go home empty 200miles\9.7MPG = 20g*$5.2 = $104. Grand total expenses are $1416 minus $1100(income) = $316 total loss.
A deadhead of 1097 miles from WA would cost $527.71 - 1097miles/9.7MPG=113g*4.67.
>>> So it's $316 loss with the load against $527.71 without a load.
Of course, the amortization of the truck and reefer unit will also count as the other small expenses, but I'm not trying to prove you wrong, I just think the calculation of exact spent miles and fuel gallons will be more useful if we're looking into one specific run, that's all. But that's only my opinion :)
Please make such videos in the future. It's a very interesting and mind-challenging content 🙂👍
Good stuff Miranda, the loss is even more with the Oregon permit too!
excellent point!
@@TruckingMadeSuccessful or did you sneak in and out like my last run and not buy it on accident 🤭
How these Carriers don't understand this is beyond me! Maybe a lot of these Carriers need to just shut down and leave the fixing of this mess to the rest of us.
If you do any load for less than $2 it's costing you money to do it
Jenny Hoffa! You should put a sign on a billboard somewhere in L.A. that says if it doesn’t pay $5 a mile don’t haul it. Start a donation to pay for the billboard
I dead head empty out of Florida all the time.
Exceptional advice! Bravo! Some of us avoid Florida loads because of its low northbound price. If we get a good load going into Florida , we will DH to Atlanta. Brokers story of “it will at least pay for your diesel “ is BS bc a truck has many other expenses including drivers time . We know that if we DH , it will eventually help somebody else. We need to collectively improve our situation . Better together . Thank you for putting this out ! 👏💪🙏🏽
We for one DO NOT take these crap rates. My husband had to let go of a dedicated load this week, because he could not find anything worth paying a damn to get him to his loading destination. He found another load that paid good in this market and ended up home in a day and made about half of what he has been bringing home in a week in two days (left Sunday home Monday). So we are totally with you on this. STOP TAKING THESE CRAPPY RATES!!!
Don’t feel bad for not taking crap rates!. you’re on the right path to success.
Thanks for your infovideos.😊
I live in Kent lol I just go empty to Sacramento salinas area pick up from there to Los Angeles and back home
This subject has been a long time overdue. I'm verry glad to finally hear someone address this.
This has got to be the best video on the planet pertaining to why we as a whole should not run cheap freight. Ppl talk about it not running cheap freight but they don't get into the nitty gritty of it like this video. I want to name this video "Numbers don't lie" Sincerely yours
467 Transport Inc 😎👍🏾
Very good rant! You're absolutely right! I'm not in the trucking business but this applies to other business'. The key is for everyone to stick together and not take these cheap loads. I know it's easier said than done, but it has been done in the past and it can be done again. They will come up on their price or their perishables will rot if they don't. It's such a simple strategy yet hard to accomplish because too many carriers take cheap loads. You, the carriers, control the price NOT the brokers but you're allowing the brokers to control them.
No money in trucking .
There is money you just gotta work hard. Money is not that great in these times l.
I’m out , wish you the best.
Their is A LOT of money in trucking
Depends on who you work for.
You were pissed when you recorded this,I can hear it in your voice,Lol It’s going to be okay sweetheart
I completely agree. How much further are you willing to drop rates, there has to be a cut off at some point. I think particularly there should not be any reason in hell to take anything under 1.50 and ideally always stay north of 2 unless you know you are going to a superb market. The cost of operating a truck has risen to around 2.25 a mile due to higher cost of new equipment, driver’s higher wage, and more expensive parts and labor. Of course and the fuel and insurance premium. So if you think you are profitable at less than 2.25 you are cutting a corner somewhere. It is like doing Uber and think you are making money, but you are just trading money now with depreciation of the car later. There is always liability running a load, and you are not only tearing and wearing your equipment. I would prefer to not make money, than to lose money. Taking those cheap freight is like a Spanish phrase that translate as: bread for today and hunger for tomorrow (Pan para hoy, y hambre para mañana). We continue to be the main problem of rates going down. Yes it is true as long as there drivers are willing to accept those unacceptable cheap rates of less than a dollar or a 1.20 the market will continue to offer them. But the less drivers are willing to accept those rates the sooner we can climb out of this freight recession. You need to ask yourself are you part of the problem, or you are standing your ground and attempt to be part of the solution. Prop to you guys by recognizing that there are some lows that you are not willing to accept, and would prefer to deadhead than allow this level of disrespect and explotation.
44,000 lbs also does a number on wheel seals and bushings which aren't cheap to replace! 😢
Good content, last year same happened with us and we did deadhead to Cali.
Also you didn’t consider Oregon state tax which is $0.237 per mile. And there is a higher possibility to get broke your truck with that heavy loads in mountain (hill road) and it is difficult to drive heavy truck as well as drivers spend much efforts to take a distance between other vehicles.
I parked a fleet of trucks that were paid for. Some people just don't get that sometimes deadhead is cheaper for us than a cheap rate.
I like your rant videos. 😊
Just when i thought u couldn’t make another great video….u go and out do your self; bravo and well done; this has to b on some type of highlight or something, its extremely important truckers see this information
I deadhead 3 times a week from FL to GA I have bin in business sence 2018. Logic does not work with Florida rates because these are the rates for the last 35 years I will never load out of Florida. Oh, I live in Florida. So believe me you did right.
Oh n today out of FL they are trying to push it for $1.00 and brokers are saying they don't have to raise it because they are still moving it. Good for those that haul for the negative.
Do you ever check Mudflap prices? It shows 3.65 in Eugene. 40 cents cheaper
We need to has tag this #stoptakingcheapfreight#
Thank you for everything you do! 🙏🏻
Social media has destroyed trucking OVERSATURATED with incompetent drivers. This will be my last year, looking to get into other ventures.
Hi . I do the same thing today , being offered 1000 for 1150 miles dry van load 43000 lb, from seattle wa to south cali🤦♂️🤦♂️🤦♂️, now we are deadheading
Thank you for helping me to learn and understand this business.
You are absolutely right. I know a few shippers, and there are paying 4 to 5 dollars a mile, and I have seen their loads on the load board for 1.25 a mile . The brokers got use to making more money during the pandemic, and now there in the frame of mind that they deserve more . Just ask them to send the paperwork showing the total rate that the shipper is paying . If they are not willing to share the information, you know they are getting paid a lot more than there telling you .
Thank you for refusing cheap loads. It's crazy how it's cheaper to move freight now, yet inflation keeps going up. Stay strong. ✊️
I wanted to also add that supply and demand defines the cost of a good and/or service. Shippers are not paying top dollar for shipping their loads!! Don’t always blame the brokers. Shippers have only few loads to ship and if broker no. 1 won’t take it for cheap, then broker no. 2,3,4,5 will take it for less. Shippers are not paying the same anymore!!
This is true. I spoke to a broker last week about loads out of Ohio to Cali and he said they lost all those lanes. My guess another broker under bid them.
@@Stavros1977 This is 85% of the situation we have right now.
Most companies are still paying pretty well over $3 per mile. Stop that narrative because companies have to get freight shipped. It’s MOSTLY the brokers getting $3-$4 loads and just posting them DIRT DIRT cheap and blaming it on the market conditions. Please ask me how do I know this lol
@@CantrellMosley1 What do you base your “most companies” from?
There a lot of foreign brokers and consumers in other countries doing this to our products in America!!! America is bleeding, trucking will not be the same unless we pull from that crap
You finally said it. Figured this out years ago and I always deadhead back out of Kent wa. You could have headed down to Weed and loaded water down to southern cal. Usually pays good in the summer.
I get your point but, you don’t have to fill up your tank in California. It might time to leave spot market and lease to a carrier with load board for a couple months.
She is right.
Does anybody with more experience than me know what their cost per mile is running loaded compared to deadheading.
Its not just fuel and tires, its engine wear, trans wear, suspension wear, extra time,etc.
i have completely blocked TQL from my load board.. i dead headed back to texas from southern cali for the same reason
The numbers don't lie. Miranda has laid it out very clearly. Truckers are really in control of the market. Without truckers, shippers can't deliver their goods and brokers can't make any money. It makes no sense at all for truckers to cut their own throats by taking loads that don't pay a fair rate. Thanks, Miranda: nobody else could've said it better than you. As always (LOL).
Miranda, thank you for making these videos and even bigger thank you for being honest and telling everything as it is, and not pretending like you’re so much better and getting all the best loads, that other "looser” trucking companies can’t seem to find.
As for “stop taking cheap freight” motto, I couldn’t agree more. Every time I hear some talks about strikes organized by carriers agains brokers and low rates, I just laugh and keep repeating, WE DO NOT NEED TO ORGANIZE ANY STRIKES, JUST STOP TAKING CHEAP FREIGHT! Carriers that take cheap freight are the one to blame, not the brokers. Brokers will always try to make the most on every load, and it’s up to the carrier to take that load or not!
4:12 to 4:23, thank you and God bless you!
Good day, excellent video. You’re spot on, I’ve always talked about TIME being probably the most precious & expensive commodities a carrier has. Contrary to what most believe, it is NOT fuel or truck payment etc…
We can never replace our time, we can re-fuel the truck but cannot replace time.
Listen if you’re only making let’s say $400 after fuel on a load but it takes all day and 600 miles; is that worth it to you? You would make more being a Professional Burger Flipper than pulling that load.
I’m also not a fan of sitting unless absolutely necessary, just be smart about things and ask yourself; am I worth more than a burger and fries?
If you believe you are stop accepting Burger Flipper wages.
Stay safe.
I agree. No $1 p m loads.
I get 7.5 on my 2015 freightliner cascadia and I still decided to park it. I'm not going to destroyed my truck running shitty loads.
Good video! I forwarded this one on to our drivers also...the rates out here are definitely changing how we have to dispatch when relying on the load boards! I've told our guys that we now have to get out of our regular comfort zones and just do what we have to do. It may be waiting for a day in a truck stop for a good load, bigger deadhead miles, going to that city that everyone hates, tarping, being out for a little longer than usual etc. We do have some control on how this game is played and saying no to the TQL or Circle or Coyote brokers is where it starts! Thanks again Miranda!
Why not calculate the fuel in cents per mile on what was purchased? That would even out the fuel left in the tanks or carried over from previous loads.
90% of the time, I deadhead back from washington/oregon back to CA. Always cheap freight for flatbed. If load pays ok, it almost always cancel on me.
You are learning quick gal, I have always opined empty is always the king anytime assuming all things remain constant.
Respect! You broke the costs down to show how it makes sense to deadhead without supporting these ludicrous low rates.
My husband is actually dead heading now he refuses to take cheap freight as well !
💯 % agree! Enough is enough… if broker is telling the truth about the rate late him eat it…they must be forced to demand more money, leaving the freight on the board gives them justification to demand more from the shipper…
I had to do the same thing in May, i dead head from Tacoma, WA back to Ontario, CA. Not worth the time and headache.
That was a great decision you made ram it down there throats. Have you looked into hauling plants for Monrovia out of Dayton Oregon?
You so right Ms Miranda the truth as spoken
Wow amazing. You should fix our country then the world. I really understand why my brother stopped trucking just under a year. Great video. I wanted to get my CDL but doesn't seem like it's worth it
Damn! I'm now glad that I have not started my truck since AB5 went into effect since last September. I'm just van-lifing the California Coast.
You are right sister the broker is pocketing the money are used to be owner operator I know how it is we all need to stand together love your video keep doing what you doing thank you
Miranda... thanks for breaking it down for some of these knuckleheads. You are the best.
I did a load from Prague Oklahoma Ty Whilling OH, for $3.00 per mile n also 3.00 coming pack to Prague Oklahoma, $6000.00 turn around back , quick hauling loads that don’t pay
Good morning. You are 100 percent correct. Thank you
Fuel prices are getting nuts. Won't be long till it's hits 4.50 a gallon national average. Bouncing empty is definitely better than cheap freight.
A terrific video and very helpful that Miranda is illuminating a point about the net cost of taking cheap freight vs. deadheading back home, with mpg and other costs factored in. But, at the end of the day, as a small carrier we're operating in a dysfunctional fishbowl. The spot market at one time was a refuge for small carriers looking to decide for themselves on the loads and prices they'd accept. But, what seems to be true today is that small carriers that are staying marginally profitable have a book of business of direct freight, ie: shipping customers. They blend their month's revenues with direct freight lanes mixed with some spot market backhaul.
My sense is that Miranda is well positioned to be competing for more direct freight. She's whip smart, knows the business and has the integrity and customer service acumen that many in the business do not have. I'd like to see her businesses move int more direct partnerships with shippers and look to even expand her companies' capacity to service shippers directly at better rates. Just as in any business, people that can be service minded, aware of the needs of shippers (your valued customer) and deliver exceptional and trusted service will always get business. If you're an old-school grumpy type that won't market yourself, sees brokers and shippers as the enemy, and otherwise refuse to provide good communication and service, well the market may be evolving beyond this dinosaur mentality.
This is a time of not only survival of the fittest, but opportunity. Miranda's companies are positioned to be ready to build new business in the coming years' new paradigm in trucking. The spot market will always serve a purpose, but Miranda is an exemplar of the skillsets needed to move beyond the "bruised fruit" market of spot loads ( and current unhealthy 2-3 percent rejection rates) into a more lucrative garden of opportunity with more direct freight relationships.
Great business analysis!! love to see these kind of videos!!!❤❤❤
I always reject any low paying loads and dead head out of that area even if I'm going to the same area. I'm not going to occupy my time and use of my truck on a load without profits. 88 cpm that broker can stick that up his tail pipe.
Next time check with Cristal Geyser bottle water out of Weed Ca , they usually have plenty of loads to Southern California.
The only flaw in the math I think would be that those last 200 miles from delivery to yard was empty and would be at 6.99 MPG.. But the savings is neglible and you still lose money hauling the cheap load. Also even if you own the truck and did not hire a driver....
The real message here more about knowing your numbers.... The only way youll know if a load is cheap is if you know ALL of your numbers, fixed and varible, so you know before you haul something if its worth it. I never understood the reluctance to run empty to a better market. You just proved that fuel savings alone can make the difference... Thanks for a great video
This is RIGHT ON THE MONEY, she is the truth, the light, and the way. If we come together and don’t move loads for cheap then the brokers and shippers HAVE to pay up. The man on the ground doing all the work gets the lesser while the broker who was born lazy and sees easy money that should be going in our pockets gets paid to do nothing but sit in front of a computer and make phone calls all day. In my opinion brokers are lazy and don’t know what HARD WORK IS
17.03 👍 don't ask them how much you and your customers are paying, tell them how much we'll charge you to delivered.
Hello Ms Miranda you always giving up the real way
Miranda thank you for your videos
I am 7 days on reefer load Ga to ca
I got 3300 and I am making 18 an hour, i had to buy a new tire -450 , I am stopping the wheels, I rather be with family and working in Mac Donald
I don’t understand how truckers keep the wheels rolling
😂we all need to listen! She’s preaching facts……
I believe that TQL is part of the problem. They charge/quote shippers high and pay extremely low, in my experience. We have a forklift that we needed to get shipped from Aurora, Co to Phoenix, Az and we got 3 quotes from 3 different brokers, and sadly TQL was the highest quote at $3900. The others were $2450 and $2900, so. Why TQL had to quote so high is beyond me, and I guarantee that they would have probably paid the truck driver MAYBE $1300 or so. Needless to say, we didn’t pick TQL. I’m just not very happy with them at all, and there are so many Brokers who do the same thing as well. They act like they are the one’s going out of their way and doing all of the work. Thank you for the awesome video, by the way.
For the cheap load you calculated with full tanks at the end of the trip. For the empty load the about 1/3 tanks of fuel at end of the trip. Yes its a loss and not worth it but you got the fuel for your next trip. Vs not. Taking cheap rates lowers the rest of the rates.
Numbers don't lie...good job!
I use to do 500 to 600 mi loads & I got around $3,000. The loads were dead end loads. I would have had to drive a 500 mile for any load, so I'd just did a turn & burn back & pick up another load.
Unfortunately, it’s sad when you see these loads so cheap. I usually try to get a load to take me to northern CA, and if there’s a good load to southern CA, I take if not I drive empty.
Great videos as usual... I know I sound like a broken record but OUR INDUSTRY NEEDS REGULATION. Look at the real estate industry and you will see how regulations keep the housing market in check. Brokers are beasts of opportunity. The shippers are paying more, the mechanics are charging more, the fuel is costing more and the Brokers are taking more but the drivers get LESS. Brokers need to be regulated at a set percentage of the load. This is good for the shipper who will now know what they pat will go for the best quality driver. The driver will know what they make is fair or not in the market. And the broker will make a fair (yet needless) cut of the profits for doing so little and having 0 liability.
I appreciate your advice e and knowledge
You would think everyone knew this business. I drive empty all the time , especially going home , I won’t take a loss on any load. Especially 48000 lbs
A lot of drivers bought trucks on loan and the are keep booking cheap loads to survive on this crazy market I can’t judge them😢
I love your breakdown. This is real information every OO need to pay attention to
How can you count the 2nd refuel as a loss though?Most of that diesel will be in the tank for the next trip. Shouldn’t you only count fuel actually used?
This information is Gold
Your so amazing and smart ❤
Well the problem with trucking is most drivers can’t do math . Lots of people think they make more money by just by keeping the truck moving and driving a loaded truck at 75mph. I have deadhead out of colorado 700 mile. I’ll deadhead all day instead of taking a cheap load. I’ll rather have the truck empty and ready in a good location. Unfortunately that’s how life work. Must of those carrier will run out of money soon. On this market with small profits you need drive at a good MPG. Meaning 60-65.
3000 miles at 70-75mpg vs 60-65. Is a 1k more a week. And 6 hours more.
that 4k a month 48k a year. My truck average is 7.7. And 8.2