Trucking And Freight Market Update (Nov 2): How Carriers Can Be At An Advantage This Winter

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  • Опубликовано: 29 сен 2024

Комментарии • 102

  • @truckingwithnose
    @truckingwithnose 11 месяцев назад +18

    By all means let tql and Ryan transportation loads sit on the board they are the rudest and cheapest

    • @mojo2131
      @mojo2131 11 месяцев назад +2

      You got that right .

    • @michaelparboosingh
      @michaelparboosingh 11 месяцев назад

      I refused a Ryan load the broker then said if I didn't take the load then I would be blacklisted because he doesn't want to do business with carriers like myself..... I said ok Mr Ryan go %@% yourself and your load a@# hole!

  • @edshuman3137
    @edshuman3137 11 месяцев назад

    Awesome knowledge Miranda

  • @AacaL05
    @AacaL05 11 месяцев назад +11

    The more these things go on the more I see a need for us that are really in the industry whether you're behind the wheel of a truck or your dispatcher for us to really take the Wheel and become the Brokers and protect the industry for ourselves. I'm starting to dispatch service in a small trucking company there may be a need for 50,000 of these small companies with 10 to 15 trucks, a few leased on trucks in a few people to get together and start doing Brokerage. Because if we continue to rely on people who have access to hedge funds the industry will continue to crumble. I might be a new guy but this is exactly what I see

  • @simpletruckerstuff9478
    @simpletruckerstuff9478 11 месяцев назад +13

    The last wasn't depressing. It was simply the truth!

  • @Parasefvirte
    @Parasefvirte 11 месяцев назад +5

    Hi Miranda, thank you for your data
    Then lower the fuel price then less broker want to pay, we need transparency from brokers and they should be caped on the % they get from the loads so fair pay to truckers is assigned.

  • @simpletruckerstuff9478
    @simpletruckerstuff9478 11 месяцев назад +5

    The Dow Jones Transportation average, (DJTA), is way down. It shows the direction of all freight movement across the board. And Freight is what we do that's why its important.
    The DJTA shows a double top, around 16,600, (which is not good), Nov 2021 and again Aug 2023. End of Oct 2023 it a hit 13,555 for a total from the recent high of 16,000. Obviously this is a 3,000 point drop in a very short period of time.
    It would be good to consider this chart in your thinking if you can crowd it into your other charts.
    My point is that the double top stronly suggest that the DJTA will drop to 12,000, and perhaps even more. All the bad we see & hear supports this movement to the down side.
    T4TV'S

  • @BigFaggTruckingLLC
    @BigFaggTruckingLLC 11 месяцев назад +16

    I really don't understand how ANYONE is surviving with these averages rate wise ESPECIALLY if you're paying a driver. I'm a single truck o/o and the way I'm staying afloat is taking loads to and from NYC (where people don't want to go) and taking loads with multi stops/drops, that require a TWIC card or tankers endorsement. Anything to get well over 2.50 a mile which is my average via dry van (actually a little higher). Good luck everyone.

    • @andrewguardalabene4858
      @andrewguardalabene4858 11 месяцев назад +5

      Doing the crap that nobody wants to do is how you make it in a down market.

    • @michaelparboosingh
      @michaelparboosingh 11 месяцев назад +3

      That's my strategy as well.... now I know NYC and Long Island like the back of my hand!

    • @BigFaggTruckingLLC
      @BigFaggTruckingLLC 10 месяцев назад

      @@andrewguardalabene4858 that's what I'm doing lol. Still... Someone has to be taking this other trash. I don't know how to surviving doing it. I frequent New York City. And the Northeast.

  • @Goal-2-Go
    @Goal-2-Go 11 месяцев назад +4

    Thanks for all the work that you put into this..

  • @senchoo_
    @senchoo_ 11 месяцев назад +2

    You are great!!
    I Appreciate your work, it is very professional and so simple for us to be informed
    Thank you!!!

  • @anusnoor8142
    @anusnoor8142 11 месяцев назад +1

    🎯 Key Takeaways for quick navigation:
    00:54 🚛 Carriers lost 394 carriers last week, indicating decreasing capacity.
    01:36 📊 Freight volume is up 20%, while carriers in the market decreased by 5% year to date.
    03:28 ⛽ Diesel prices average $4.48 per gallon, although still high for current load rates.
    05:15 🚚 Flatbed volumes decline in winter due to construction slowdown.
    07:11 🧊 Reefer volumes decrease, but reefer spot rates follow a 5-year pattern, suggesting potential rate increases.
    Made with HARPA AI

  • @CW4hollywood
    @CW4hollywood 11 месяцев назад +9

    I’ve been doing this for a long time, my last two loads paid $5.12 and $4.29 with a reefer. People you just have to wait and don’t take the cheap freight. Your wearing yourself and your equipment out. I’m thinking of starting a channel to show you guys how to really get the. But she is telling you valuable information.

    • @TruckingMadeSuccessful
      @TruckingMadeSuccessful  11 месяцев назад +3

      Yes, let us know when you create the channel because I would love so sub! ☺️

    • @ladiesgift108
      @ladiesgift108 11 месяцев назад +2

      I'll also subscribe to your channel. Reply to my comment when you post your first video.

    • @sardoryunusov
      @sardoryunusov 11 месяцев назад +3

      Me too. I haven't seen any decent loads for over 4$ for a long time.

    • @jayc4715
      @jayc4715 11 месяцев назад +2

      I won't even start my truck for less than $6 a mile

    • @CW4hollywood
      @CW4hollywood 11 месяцев назад +3

      I tell you what, I don’t know much about RUclips but if I get 100 people who are interested and will subscribe to the channel. I will take the time to figure it out and give back to trucking community what I know, as well as maintenance tips and tricks to save money, business and financing strategies that worked for me. I have a small fleet and I got my MC in 1993. My dad was an owner operator, so I’ve been around trucking for 2 or three years now lol.

  • @TheBlkac1
    @TheBlkac1 10 месяцев назад

    What about the 26'-24' Box trucks?
    Do you have any information about box trucks loads...

  • @Kenwhoo
    @Kenwhoo 10 месяцев назад

    Thnx for ya vid. Trucking is going to get better it has too but question is when? Lol

  • @Frank1776.
    @Frank1776. 11 месяцев назад +1

    Older trucks doesn't get frozen because most of the frozen trucks are new trucks especially with DEF issues, the trucks that get freeze in the winter is does trucking companies that doesn't know how to prepare the truck to go to this weather conditions

    • @Ludanexpress
      @Ludanexpress 11 месяцев назад +1

      Strongly agree!!!, my self running 20 year old truck thanks God never froze up once been thru cold places in Montana and WY -17F alot

  • @dane6510
    @dane6510 11 месяцев назад +1

    Wear a sweater next video if you have a crush on me. 😏

  • @level80888
    @level80888 11 месяцев назад +1

    nice.

  • @jasonkim4334
    @jasonkim4334 10 месяцев назад

    trucking made beautiful 😍

  • @RedemptionWorldwideRDMPTN
    @RedemptionWorldwideRDMPTN 11 месяцев назад

    What is the best market for box trucks ?

  • @juanmartinez400
    @juanmartinez400 11 месяцев назад +1

    Your the best thanks for all the info

  • @jasmuzik9183
    @jasmuzik9183 11 месяцев назад

    She isn't lying about Snoqualmie pass. During winter, my rate to Spokane from Seattle area is 1800 . And that's 290 miles

  • @fryingupasadcusine
    @fryingupasadcusine 11 месяцев назад +1

    Hey Miranda 👋

  • @Truckingup
    @Truckingup 11 месяцев назад +3

    I got off my butt and talked to people. Im getting 3.25 to 5 bucks a mile now on 800 plus miles loads. You guys are doing it to yourselves taking the cheap freight. I hate to sound mean but you have to let the cheap loads sit.

    • @nrwdope7047
      @nrwdope7047 11 месяцев назад

      Cap dont bs people

    • @nrwdope7047
      @nrwdope7047 11 месяцев назад +3

      3 weeks ago you commented that you got out now you getting $5 a mile 🤣🤣🤣🤣🤣

    • @Truckingup
      @Truckingup 11 месяцев назад

      @@nrwdope7047 Yep. It's out there. The back hauls are still crap but direct is the only way to go.

    • @Truckingup
      @Truckingup 10 месяцев назад

      @@MB-sn8sf Ouch

  • @bigdaddystep.
    @bigdaddystep. 11 месяцев назад

    I’ve been mostly good for the year but last quarter for me has been lower revenue. 303k YTD to me after carrier took 10%. 10 months. Hauling mostly steel from east coast to Midwest. And super sacks of beans back east.

  • @RayRay-dq8yx
    @RayRay-dq8yx 11 месяцев назад

    Ready....Let's go!!!!! You need to make you some t shirts and hats, Definitely will buy

  • @Stavros1977
    @Stavros1977 11 месяцев назад

    Great video! No thanks to Yakima and Oregon. Been there done that. Not worth $5 a mile in my opinion. Those worse conditions should be $10/ mile because your life is at stake. I was driving through the cliffs up on Washington state last year and I stopped to chain up but went to close to the cliff so I tried to move the truck a little further from the cliff without chains and slid closer to the cliff. Anyhow I called broker and told him remove me from the load or pay me $10,000. Just not worth it.

  • @carloselizondo7671
    @carloselizondo7671 11 месяцев назад

    I haul containers out of Chicago and we are dead in the water. When we are affected everyone else will follow. Our staff doesn't see an uptick till summer..if we are still in business.

  • @tsocity213
    @tsocity213 11 месяцев назад

    Hey

  • @frysuber3014
    @frysuber3014 11 месяцев назад

    Really appreciate what ur doing…. Thanks….

  • @joewatts9132
    @joewatts9132 11 месяцев назад

    I just remember that Ice Road Truckers show that I used to watch every now and again. You're on the other end, it seems like directing them all throughout the country.

  • @elgordo496
    @elgordo496 11 месяцев назад

    I am looking to retire in a few years and wanted to know if brokerage or dispatch may be a good place to go with my driver experience. Would your courses prepare me to make this transition??

  • @johnkatakowsi9907
    @johnkatakowsi9907 11 месяцев назад

    Well I got the call back in the cab tomorrow!!!Midwest back to normal!!!😀

  • @alaaelgannouny4942
    @alaaelgannouny4942 11 месяцев назад

    Thank you for the video , but i don't agree with you about going to bad weather areas , it's kinda gambling, either a win or a loss , you can get a good paying load but you may end up losing many days repairing your truck and spending a lot of money for maintenance, it happened to me last year with 2 trucks , one in MN and the other in MI , so i just avoid those areas when it's snowing.

  • @Javijustdoit
    @Javijustdoit 11 месяцев назад

    Thank you for your insight and please no matter what continue to put out good info. For we appreciate it!!

  • @jocker105
    @jocker105 11 месяцев назад

    After 2 days I got load from TX looks trucking will die soon

  • @MarkBrown-jh1tb
    @MarkBrown-jh1tb 11 месяцев назад

    Hello Ms Miranda the game becoming more sad but blessing

  • @lamontrichie8310
    @lamontrichie8310 11 месяцев назад

    Another great video! Thanks Miranda.

  • @DavePimentel-n2v
    @DavePimentel-n2v 11 месяцев назад +1

    Thanks for the awesome update and providing us with a means to make smart data driven decisions. My belief on why the rates suck so much is largely due to the gazillion “dispatch” companies who promise to “dispatch” your truck for a 7-10% cut from the gross. It’s my belief that they consume as much spot freight opportunities as they can, regardless of the rate. Which they use to “dispatch” whatever trucks, o/o’s, etc. that are signed on with them. They don’t care about the rate per mile, because they’re taking from the gross anyway. Then the actual costs (driver pay, fuel, mx) is borne on the owner of the truck, whose left in the negative and scratching his head trying to figure out how he can financially keep his/her truck in the game. In turn, the shippers and brokers believe they can get even a cheaper rate, and the cycle repeats and worsens. In my opinion, there needs to be some sort of regulatory control over these so called dispatch companies, because they’re all crooks laughing all the way to the bank; and they can care less about the devastation they’re causing to peoples lives and the market.

    • @TruckingMadeSuccessful
      @TruckingMadeSuccessful  11 месяцев назад +5

      I agree with you, which is why I always recommend either dispatching yourself, or asking a friend or family member to dispatch you. I can't stand when these dispatching companies call me 256 times per day!

    • @reidevans474
      @reidevans474 11 месяцев назад +3

      I’m on the brokerage side and one thing I can say with confidence is there is nothing worse than those dispatching services. Terrible communication between them & the truck. We would way rather deal with trucks directly. Usually when I get a disp service on a load I stick with only talking to the drivers

    • @reidevans474
      @reidevans474 11 месяцев назад

      @@ProtectorsofLibertyinTrucking lol one can only hope. Feel like both ends can get jaded towards each other but do enjoy all my conversations with drivers. Usually really great people just trying to make a living…. Besides the DB lol

    • @DavePimentel-n2v
      @DavePimentel-n2v 11 месяцев назад

      @@TruckingMadeSuccessfulfor sure. I actually have my mom helping me to dispatch 😅.

    • @TruckingMadeSuccessful
      @TruckingMadeSuccessful  11 месяцев назад +1

      @ProtectorsofLibertyinTrucking I am going to start doing that! That's a great way to get rid of them. I am tired of yelling 🤣

  • @tsuldani8968
    @tsuldani8968 11 месяцев назад

    Mama ur best love ❤️ you

  • @rickyoung6399
    @rickyoung6399 11 месяцев назад

    Pls post these to podcast!

  • @sardoryunusov
    @sardoryunusov 11 месяцев назад

    One day at a time guys ✊🏽

  • @kenkrausse3624
    @kenkrausse3624 11 месяцев назад

    OOIDA

  • @jonmolina948
    @jonmolina948 11 месяцев назад

    Have a good weekend 👍

  • @emoran5875
    @emoran5875 11 месяцев назад

    Thank you…

  • @markmaiello9131
    @markmaiello9131 11 месяцев назад

    i hear rail is taking truking compasity off the market, cam anyone comferm that?

    • @nrwdope7047
      @nrwdope7047 11 месяцев назад

      What did you say?

  • @Scotti2Hotti_
    @Scotti2Hotti_ 11 месяцев назад

    Is it even realistic to start a company anytime soon with all thats going on? Im 23 and been building businesses credit and saving for all my equipment. Im in a good area according to the data and im very capable of financial management.

    • @TruckingMadeSuccessful
      @TruckingMadeSuccessful  11 месяцев назад +3

      Not in this market no. It’s not even the rebates, it’s the fact that brokers avoid new MCs at the moment 😔

    • @michaelparboosingh
      @michaelparboosingh 11 месяцев назад +1

      Hell NO!!!! If you have a good job right now hold on to it! I haven't been able to see a meaningful profit in close to 18 months. Sold my Tundra and dumped all that money right in my company to stay afloat. Not to mention cutting costs at home.... bro if you want to go bankrupt right now get into trucking. Equipment is expensive interest rates are high..... take my word for it. This is not the time. Keep doing what you are doing for atleast the next year.

  • @polockdan1
    @polockdan1 11 месяцев назад

    👍✌

  • @xpicklepie
    @xpicklepie 11 месяцев назад

    Snow-Qual-Me. You *GOT IT!!*

  • @MorrisandSonTrucking1981
    @MorrisandSonTrucking1981 11 месяцев назад

    👋

  • @thanniss
    @thanniss 11 месяцев назад

    The spot market has never made sense to me. I’m trying to send a load for x amount you reject it I put it up for J amount. Lower amount to get it moved. Makes no sense.

    • @scottmitchell7405
      @scottmitchell7405 11 месяцев назад +1

      Supply and demand. Simple as that.

    • @thanniss
      @thanniss 11 месяцев назад

      @@scottmitchell7405 too much supply so let’s put it on the spot for cheaper.

    • @scottmitchell7405
      @scottmitchell7405 11 месяцев назад

      The excess supply is the amount of trucks. 1 extra load, 10 empty trucks.

    • @thanniss
      @thanniss 11 месяцев назад

      I meant higher rejections not supply

  • @BashirKhan-dx5wh
    @BashirKhan-dx5wh 11 месяцев назад

    Ik trucking is bad right now, but I want to open a authority after college ( I’m a freshman in college). But in general ( when the market is normal ) is trucking a business you can make money in?

    • @TruckingMadeSuccessful
      @TruckingMadeSuccessful  11 месяцев назад +3

      When the market is level, yes if you are micromanaging your expenses you can make money. In this market though...well its a hit and miss with very little room for profit unfortunately :(

    • @simpletruckerstuff9478
      @simpletruckerstuff9478 11 месяцев назад +7

      There is no normal now, nor will there be. Economy runs in 10 year cycles basiclly. So, it will probably be 5 to 10 years tell a normal shows up. Trucking is for Nomads, not for people who want a life as we know it.

    • @AngelSanchez-dw4gs
      @AngelSanchez-dw4gs 11 месяцев назад +3

      Yes you can make a lot of money for other people your part is to do the hard work.

    • @Goal-2-Go
      @Goal-2-Go 11 месяцев назад +1

      You should highly consider being a driver for 2 years before you obtain authority..

    • @jonmolina948
      @jonmolina948 11 месяцев назад +4

      Drop out of college and save your money if you’re getting into trucking. Or go to trade school for diesel mechanic.

  • @Jonesy21852
    @Jonesy21852 11 месяцев назад +1

    “Start getting comfortable with being uncomfortable”, says it all. 👌🏼🙌🏻

  • @milantubic229
    @milantubic229 11 месяцев назад

    Small companies still can make money like Franic Express INC,Joliet,IL
    Becouse we have 2 dispatcher work on 4 drivers

    • @simonjusticier333
      @simonjusticier333 11 месяцев назад +2

      Illinois, yeah right!

    • @MChicago89
      @MChicago89 11 месяцев назад

      What trailers you haul what grosses how much you pay drivers and dispatch?

    • @milantubic229
      @milantubic229 11 месяцев назад

      @@MChicago89 Dry Van,approhimately 1500-2000 miles weekly
      Paycheck after expenses $2500-$3500
      Dispatch 12%

  • @fugitive1205
    @fugitive1205 11 месяцев назад