We’re a broker and we support the call for higher rates. We stopped quoting customers cheap rates to complete with other brokers. It doesn’t make sense to keep rates down when commodity prices are still super high. Carriers and brokers need to take care of each other and push back on cheap shippers.
@@jaketysmajr2826 I always thought it came down to shippers, they're cutting shipping costs over other cost cutting tactics to fight inflation. Am I wrong?
I wish it was possible to rally together every driver in the country and SHUT DOWN ALL SHIPMENTS FOR 48 HOURS just to show them what it'll be like if they wanna keep screwing us. It's a pipe dream, I know, but MANNNN, that'd get EVERYONE'S attention immediately.
Owns. Ops . Are losing 📉 brokers are making rich , we send a 42k pounds pipes from ct to pa broker charged us 2k for 200 miles when driver arrived he said hes getting 600 dollar on that load feel bad for those drivers .
Miranda, I have been in the trucking business for more than 30 years, and during those three+ decades I've constantly heard the same thing. "don't haul cheap freight". I'm sure this will sound very bitter for most of your viewers to read, however I feel it needs to be said. Your average truck driver is frankly entirely too stupid to understand what their operational cost per mile is. The majority of truckers have no clue how to track their true cost & profit on a per mile basis, and let's be honest, most have no desire to learn how to do so, and put it in practice on a daily basis. This is the root of the problem. Too many dumb truckers that DO NOT run their business as a profitable business. The second piece of the problem is that, unlike, many other industries where labor is treated as a necessary and vital component in business, The trucking industry, as a whole is treated as a commodity, NOT as labor. Commodities prices are strictly driven by supply & demand. More demand than supply, prices go up, as we saw in 2021. less demand than supply (insert capacity), prices will drop as we're currently seeing. The American system of truck transportation is designed for success during periods of strong demand and failures during periods of weak demand. It is a system that is in a constant state of movement between the two. I find it amusing that you claim we should all demand a minimum of $2.50/mile. When I parked my truck last year and canceled my authority, I averaged $4/mile. I will not drive for less than $4/mile now. Who knows, Perhaps I'll never drive my truck again. I'm close enough to retirement that I can afford not to drive another day in my life. The current freight rates being offered were the norm 30 years ago!! I know because I was driving back then!! The current expenses certainly are NOT!! What is insane is that carriers still are hauling for these rates. That in itself is a testament to the collective stupidity of this industry. I've witnessed tremendous change in my 30+ years as a trucker from electronic engines to computers. Heck, when I started in the early 90's, no one had cell phones and the internet was in its' infancy. UA-cam didn't even exist yet. Neither did social media. Mark Zuckerberg was a snot nosed kid sucking on his mother's breast. Yet, despite all of these brilliant enhancements in our civilization, nothing really has changed. Truckers are still as dumb as they ever were and are desperate enough to work for nothing. In reality, nothing ever really changes. The one thing that can change the trucking industry is for more people such as myself refusing to play the game of stupidity. Learn to run your truck as a profitable business. When those conditions are not available in the market, park the damn truck, cancel your authority, and go do something else with your time. Yet, so many keep holding on, hoping for change, trying to pound out a pathetic living while the same pathetic stupidity is perpetuated. Anyone who is continuing to drive as an owner operator working in the spot market right now should have their head examined. It is a recipe for failure, not success. The answer? Simply walk away, give it up, and free your mind and your time to pursue more profitable endeavors. Refusing to play the game of stupidity is your first step toward true personal freedom and the first steps on the road to success.
You are exactly right. People hauling loads for less then a dollar a mile. Fuel in Michigan and Ohio last week was 450 a gallon. If your doing that you deserve to go under. Good show Miranda.
Well said. My cost per mile is less than 90 cents. But I will not haul for peanuts. $2.50 is my absolute bottom, and even then I have to really need to work. Of course, I paid for my truck cash, and didn't finance a $100,000, 5 year-old truck with 600,000 miles during the pandemic like a lot of other morons did.
Brutal truth that needs to be said. My pay and benefits alone cost my large LTL employer over $1.00 per mile. Now add fuel, maintenance, depreciation, facilities costs, dock and office and mechanic labor costs, management, self insurance liability set backs. 32 years in trucking myself. Most in LTL (24 yrs) and the rest as OO or dry van OTR plus flatbed and tanker.
Deadheaded 600 miles home yesterday. Couldn't find a load worth hauling with my flatbed. Not gonna sit in a truckstop all weekend with a load paying $800.
Some people are not even able to read signs written in English or articulate them selves in and understandable manner, the problem lies in the ease of getting a cdl, some one whose never seen a day of school to understand simple math can be an owner op.
Finally someone said it! I can’t stress it enough! English should be fluent not broken! Then you got places who get paid to pass people. They need to add a requirement to read so many words per minute in schools or on the DOT physical. Also the government isn’t any better just letting anyone come over which I think also impacted the industry, sending money back to their countries. Helping your family is cool but people come over here for a better living/ pay working for Pennies but it’s better than what they’d be making back home by far, not only in trucking but other jobs as well
Yes you can! you don’t think Carriers tried and failed to ask for more and are just trying to not drown until things get better? Everyone always blames the ones delivering it! It’s always the carriers fault!
@@_el_louie_213because it it!! Brokers are also competing with truckers/ trucking companies. If an owner op with shitty equipment can operate at $1.50/mile, the only way the broker is going to win if they undercut the owner op. Then the broker has to turn around and come in at a $1.45/mile, take their cut then offer $1.35/mile. Its a vicious cycle that can’t be blamed on the broker. Maybe if truckers had unity and agreed to not go below a certain rate, then rates will go up and everybody will be happy. Brokers benefit from higher rates just as much as truckers. OPEN YOUR EYES!
Single truck o/o here, and I’m with you on the rate strategy. My desdhead is high, but I don’t take loads less than $3/mile. I do the math daily to make sure the deadhead is covered with a profit. While I’m just one person, I’m standing solid in not taking cheap freight.
I'm picking up a load today in cold springs MN heading to Denver Colorado and checking the spot market I realized the rates are crab.i will rather deadhead to anywhere in Kansas on Monday than pickup those cheap and heavy loads around Colorado
@@mohamedjamal9539 Why? From Denver east isn't bad. Rolling hills. Pick up speed going down, coast up as far as you can. Sometimes cruise control uses quite a bit more fuel.
@@TheBandit7613 i live in the area. Going east they offer 1.35 by the time you get to the east with the fuel wear and tear on truck and driver pay you are making negative - money. Also you headed to another bad market. So its best to do your numbers before accepting loads from colorado. They pay 0.91 for loads to kansas, dallas, st louis also less than a 1.00 so therefore i just deadhead out all the time
Let's make it happen. I have 20 trucks on the road. Plus I know carriers with a lot more trucks that will probably be down. Coordinate and it will happen.
@@MrChbnovember right he claims he has 20 trucks but need someone to coordiate to help him say no to cheap freight ! shit i got 2 trucks and i knew how to say no to cheap freight years ago without any coordination
Hey Miranda! Thanks again for sharing your stores and in a way providing some comfort when you share them because it lets me know that Im not the only one going through this BS. Yesterday I was also trying to book a load, Dry Van out of the Phoenix area. I had no luck for hours because the loads like you said were either covered in seconds, the phone would not pick up or the phone line would sound disconnected. There was 1 particular scenario though that really did piss me off. There were 3 loads going from the Phoenix area to Los Angeles, which is where I wanted my truck to end up in starting next week. And one from Fontana going to Ontario. I called on the posted loads and they were from TQL, they all had the same extension so they were connected to the same guy and when he answered he said, "Oh sorry it just got covered (in the most insincere tone)" and Im like "All four of them??" And hes like yup. So im like ok whatever Ill continue looking. An hour and a half goes by and the loads are still there, and Im refreshing and they keep coming up and Im like are you kidding me. So again just to see what he would say I called again about the loads and he says "Oh sorry they literally just got covered". Im like dude, I called you an hour ago and you said the same thing. And hes like, oh yea well the carriers I booked fell through, and they juuuust got covered again. Fucking bs
We need to keep refusing loads..I refused one yesterday..42 thousand pounds from Sacramento to Downey...After my dispatch and trailer rental 600 for me...Nope I refused...I chose a different load for over 700 dollars that weighted 13.000 pounds
Spot on as always Little M!!! I’ll DH 2000 miles before I help out a shipper or broker with there cheap ass rates- keep up the good fight- all I hear is I had to take this load for fuel money- well my friends if that’s you then your part of the problem- don’t be part of the problem- become part of the solution!!
I'm with you on that one. I prefer my driver to deadhead miles before I book him a crappy load. I will not do these brokers that favor. Besides that favor would be like driving for free.
I actually enjoy these videos because it gives me perspective you are a hero in my book a remarkable person thank you for all the valuable information you are making a difference we need more people like you in this industry
I needed 3k from Cleveland, OH on Friday to wrap up my weekly gross target. All what was available to up to that amount was a crap rpm loads to crap states CO, CA, MT etc. I’ve said no way I am rolling there, and found load that can be delivered on Saturday for a 1,200$ on my own risk. Got lucky, found Saturday load for 2,250$ to crappy MA that’s at least better compare to earlier mentioned crap. Was at delivery 6:30am got first in delivery lain, got free by 8am and deadhead 2 hours (+coffee stop) to a pick up with cut off 11:30am. Got there 10:45am got loaded and achieved my weekly gross and kept avg rpm at 2.66$. Fk brokers.
I’m a broker, on some loads I print a loss.. On Friday I asked shipper to increase just to make break even for a carrier to FL ref load, guess what happened… he turned to another firm and covered it even lower. Why? Because he has so few orders now and trying squeeze every possible expense. That’s it, if he can’t- he’ll go bankrupt.
im leased on with a very small company 6 trucks .jb came in and over took our main acct we had. i talked to the freight mgr at the plant and he informed me they under cut us by 25% . with a cut like that we would be loosing $ on every ld.
Yeah man that sucks. And with no real contract loads it's incredibly hard to stay afloat at the moment. They way I see it (and I could be wrong) you might have to lease into a bigger company that has contracts in place for dependable rates.
I have no sympathy for those drivers and companies that are going belly-up. They do it to themselves. I'm a one-man operation and have been on the road for 90 days now. So I do all of my back-office, administrative and operational tasks from my phone. Is it hectic and overwhelming sometimes? Hell yes. But I netted over $4k last week working basically 4 and a half days, and have been averaging over $2.70 on all miles for a month now. Why? Because I don't haul cheap. If I have to sit a day or two, I will. I just turned down a $2.78 a mile, 400-mile drop-and-hook from J.B. Hunt less than two hours ago. That being said, truck drivers can SET THEIR OWN RATE if they wanted to. If everyone sat for $4 a mile, guess what? The shippers would have to pay it. Because the freight HAS to be moved. They just pass along the additional cost. But we have KNUCKLEHEADS out here who WILL haul for $1.50. I can't wait until the herd gets culled.
What ever the fuel prices are is what the minimum rpm should be.. just a thought.. OR regulate these brokers to a certain percentage they can take!! Say 10% maximum.. if you pick up a load that’s food whether it be refrigerated or dry, it should pay damn good considering everything in the stores have double or triple!!! Reason being you ask?? Shipping cost go up they pass to the consumer… brokers are making a killing on loads like that!!
Thank you for your thoughts Miranda! The reality is - in difficult economic times, some people will have to go out of business so the market stabilizes itself. The weakest of the pack must die, so the rest can march on. It's happening in all other industries, not only transportation.
That reefer load should have been $4k minimum. Glad I sold my truck in 2009 and went back to LTL company driver. Let them go out of business Miranda. Keep track of who undercuts you. I am working as much as possible and cutting spending. I want to be debt free apart from a $1k mortgage and monthly utilities by Thanksgiving. Right now LTL is booming but it always gets slow 2nd week of December until middle of March. My wife has a State Gov job in the DOL that is actually more secure the worse the economy gets. We could make it on just her income especially if I pay off the car notes and what is left of the CC debt. I remember the 2007-2009 economy and buying fuel for under $1.50 a gallon and it went to $3.00 in a couple of months at the same time that freight dried up and rates stayed the same or dropped. I sold my paid off truck while I still had $ in the bank. Close up under your terms rather than when there is no $ left to cover bills. So many people don't track cash flow trends and walk away soon enough. As for LTL rates, don't haul cheap freight. My load home from Riverside to Atlanta was 30 bills, 17k pounds on a 53 foot van, just over $14k revenue for a 2200 mile line haul run. It was primarily palletized individual shipments of furniture. Truck got over 8 mpg running 68 mph. Kenworth with a 450 ISX Cummins and a 10 speed 2015 model year with 1,266,475 on the odometer when we parked it in Ellenwood. We put 6400 miles a week on it. That truck generates at least $25k per week line haul. Company will not cut a load Coast to Coast unless it has a minimum of $10k revenue, or $5 per mile. If it is a light load with few bills the freight is 3D scanned by a camera system on the dock and the customer gets a bigger bill for taking up too much space. If your pallet keeps us from double stacking you pay for the extra space. Sort of like really large people having to buy two seats on an airplane. Independents need to hold the line and demand higher pay. The revenue is there. You don't see LTL undercutting each other like small truckload carriers do. The big one that tried just went bankrupt. You will stop it, once most go broke. Too many people jumped into the business in the last 6 years. Now they will be bailing out. I did a long time ago and was glad I resisted the urge to jump back in. Me and my codriver almost took $ out of our 401k to buy a truck and go with Tri State Secure. Covid mandates for government contractors stopped that idea. Whew. Blog over. I'll shut up for a while.
No disrespect to you at all Miranda,but i see the frustration & pain in your words and face, I see it,because i have it also. You are the gas to keep the fuel that keeps our fire burning,and i refuse to be put out. Yes,i am financially fit for this market,but at tbe end of the day... I am a business owner/truck driver. I did not pursue this career to just be mediocre, i pursued it to be great ! Your words do not go on deaf ears,and i am definitely one of 62,000 on your channel that is following the "STRIKE" against every trying to destroy our livelihoods. Hopefully,those who are struggling right now will get sick and tired of being sick and tired,and do their part. I will make it to the end,others need to ask themselves "WILL I" ? and learn ,so this doesn't happen so brutaly again. 💙
Great video. Please explain why shippers are saying they are paying more than ever if the brokers are saying they are paying less? Brokers are lying to the carrier about the amount the shipper is paying. Shippers are told rates are going up because of fuel and they give the extra money to the broker. The carrier is told rates are going down by the broker and the broker keeps more of the money. This is just facts when your dealing with middleman.
What last broker told me while booking load and negotiating, he won’t give more money not because he doesn’t have, but because that’s what market currently dictates. Take it or leave it, there are another 8-9 carriers on the phone ready to move on. I started openly tell to brokers, carriers will go out of business with what you’re offering. They don’t give a shit.
I have 2 semi trucks in the spot market I’d 100 persent be on bored with this .but it would take a timed plan and get support from all trucking platforms on UA-cam all the big channels to be on bored .has to be a complete movement to get results
In the first half of 2020 I did not take a load unless I paid good and I can find a good return load coming home and I only did two loads of week for the first 6 months at the end of that six months rates went back up because a lot of people ran out of money and demand went way up and the best part is my truck was not wore out for hauling around cheap rate
Miranda, You're 100% right! We the carriers are the only ones to turn the market around! No Cheap Freight! After all with the cheap fright, We are losing big.
As a dispatcher last time I gave my driver less than 2/mile load was like 5 months ago when his authority was like 3 months old and hardly anybody was willing to work with us. Since then it's always been more than 2/ which is what my driver asks for. Since he has a van and rates aren't great but still the best I do is give him the best possible loads like last week we did a load of 640 miles paying 1800 and it wasn't too heavy either. We have been averaging between 7-8k$ every week and we hope to make more. Just like these brokers have associations and they can see bad reviews about carriers there should be one for carriers so that carriers can start registering that they won't haul for less than a certain amount/mile let's say 2.40?
You’re right. Other day I was trying to booked a load for my reefer. NJ to CA and the broker was paying $2800 for a full load of truck. When I had the little argument with him regarding rate, he emailed 2 mints later he covered it for $2700
It is still like that. East to West. However, I've seen reefer go for 8k coming back. But 10k for round trip is bad, especially with fuel where they are
To all the owner operater please do not acepting cheap rate ...... lately i dont go far no more cause if i can not get the rate i want i just gonna deadhead home ..... i called on a load yesterday they have it on DAT board 800$ for 400 miles so i ask for 1000$ she came back if i can do it for 950( i used to haul this for 1100$) i said ok while we go over the detail and finalizing the deal she then put me on hold a minute later she came back and told me her coworker just booked for 800$ hahahaha SMH
Turning down loads becomes increasingly difficult when you cannot accept a zero for the day. I try to accept only good loads but I’m running out of options
Many trucking companies/owner ops want contracts/dedicated. It’s a pain also: #1: spend your afternoon calling shippers then building a quote #2: spend 2 weeks getting freight packet approved…countless emails/calls #3: buy extra equipment to service the customer #4: service customer and make everyone happy #5: your friend/contact on the inside sends you an email showing the girl in logistics management is cutting you 2 months out and going with a big carrier who can do it for $100 a week less… I’ve been repeating this formula for the last 2 years. It’s exhausting. I can barely keep 5 trucks rolling on dedicated. Constantly getting under quoted.
Feel ur pain. I have box truck and I always say no to cheap loads. Sad thing is always taken with in minutes. Idk how ppl are doing cheap loads and still in business and also how ppl are surviving without moving? Becaz they didn't take cheap load. I am so lost. Idk what to do. I don't want to give up this business it will break me to my core but I don't see any other way.
Shoutout to you 💪🏽 I may be wrong but I noticed you ❤️ The comments & replied to some which I assume you read them to see what everyone thoughts were 💯
Your frustration is real. But short sighted. I was around during regulation and the arguments for deregulation were 180 to your argument for regulation or minimum rate. The only thing i see is to adapt strategies to get thru the down market. Don't marry to one strategy but also look to your biz plan which should have had a exit plan.
It's nice to have a beautiful face with an education discussing these matters as a business. Unfortunately, Swift and the mega carriers can sell off or lease their trucks after 'X' number of miles making people believe they're an Owner Operator. They can afford the write offs and weather a recession or stagflation. In October, student loan repayments will become due for debtors as well. What is the one debt you can't discharge in bankruptcy? The FED is allowing bonds to mature off their balance sheet. M2 is contracting. Credit is tightening, not expanding because banks are not lending. I work at a prison and am not even a trucker and can see the writing on the wall. The scenario of 20-30k truckers stopping would not do anything in IMO. Owner Operators will be crabs trying to crawl out of a bucket. Then again, perhaps I'm just too negative about macroeconomics.
Turning down loads becomes increasingly difficult when you cannot accept a zero for the day. I try to accept only good loads but I’m running out of options 6:29
I operate in CA only, but this week I DH ed back from Brisbane to Fontana since there was nothing worth bringing back, I also don't like the fact that anything coming back from north to south has to be cheaply paid... From Redding to San Diego for 1.70 a mile at 41k depressing.
I bet it takes at least a few years to turn around. Unfortunately as soon as it does capacity will start building back into the industry and we’ll be back here again. Maybe if truck prices stay up and insurance increases that’ll limit new entrants.
Im independent with authority. Agree 100% with $2.50 minimum. Dry van, still getting $3 on some loads. If no money on loads, I'll keep truck parked. Ain't running for free. Love your videos!
Bonus video ! This is a very difficult topic. I also wish drivers could organize and speak with a united voice. The fact that owner operators often run small operations independently makes this all very difficult. I wish carriers would do as you suggest, and refuse loads that don’t pay a workable wage. However, some drivers would say they will except a lousy rate from one area to get to another area that pays better. so the calculation is often not only about the outgoing rate, which might be a loss, but the potential payoff of a return load. I fear the ultimate solution is that capacity will be sadly reduced by drivers going out of business. Like you iamb clinging on for dear life.
I'm new to trucking and I absolutely agree with you on those cheap paying freights. If all the drivers would band togehter I promise you things would change.
A lot of trucking companies took those covid loans and bought more trucks and trailers. That's where the extra capacity comes from. Until this extra capacity is flushed out of the system rates won't improve.
I always say this that small carriers need to create some kind of organization or community that will push back to shippers, brokers, big companies and stupid regulations forced by big companies through fmcsa But unfortunately evryone is scared and doing nothing and at the end whole situation is going down And most of the time drivers are getting pushed Now driver can’t protest anything coz it’s illegal to do so
A big issue Miranda that i see is that alot of companies in the south hire B-1 Drivers i know of alot of them getting at max 27 cpm so carriers with those drivers take them cheap rates any driver thats a B-1 can make it out as a king that way in mexico and other contries youll starve to death here if youre American with american prices So thats and extremely big issue not to many people talk about.
@Miranda I wonder if instead of a set minimum 🤔 it should be an required equation that determines the minimum, since the flex of the market could change yet again and we would be stuck with a minimum that didn't apply anymore. Like the fuel surcharge Just a thought
Morning, I have to post this…see my other post below to gain some context. I keep hearing the following statement/s. “ Lower your costs” To me this is foolish, why? Why should I have to lower my standard of living to have a career? There isn’t an executive who thinks this way nor would allow this in their personal lives, so why should we. Stay safe.
The “Just Say No” [to cheap rates] Campaign probably only has to reduce capacity by a very small percentage to create a disproportionate higher freight rate, within a given region. Yellow’s bankruptcy seems to both suggest this and demonstrates it. It would be interesting to organize “Just Say No” campaigns in large regional areas and put the concept to a practical test. Of course, it would ultimately be claimed to be an Anti-Trust business practice.
Great. Video. That. Needs. Everyone. Aboard. But that’s the problem. No solidarity. Minds like yours or anyone with good business sense can see that we hold the power. But we all don’t see the bigger picture and there lies the problem. Sucks that we can’t put the full force of our numbers on shippers and let them know we are tired of their 💩. Thanks Miranda. I needed to vent too 👊🏼!
That's right and i really really wish that all carriers or much of all can atleast make a strong mind , that not to accept low rates. It's our normal behave these days that just to keep rolling or to sustain we are accepting low rate per mile....Secondly yes these days I faced same weird situation of available loads on board but Broker not accepting or taking call ....wondering 🤔 💭 what's going on ...... Well hoping for best for all Toodles 😊
Wow I didn't think of Yellow being the bottomfeeders, but it seems they priced themselves out of business I guess. That's what they get for lowballing the market so low they couldn't generate a profit.
Have you seen some of these new carriers? They wouldn't know a CPM if you threw it at them. That part of capacity needs to be killed off before we stop seeing these embarrassing rates.
A load I wanted but was taken by another broker who deals with the same customer and then at the end of the day they did not have a truck to cover it and they had to give it back The customer was not happy because I was already covered
I am tired of sending my trucks empty from miami to Atlanta GA , I don’t make the difference but I refuse cheap freight. It kills a week of profit but nop I refuse all of those brokers specially TQL uffffff
We meet to shut down and the government needs to only issue MC's to carriers that are American citizens and own commercial property! I saw loads yesterday from Phoenix to LA for $375
If there is an inflation and the price you charge for your services goes down instead of going up, like in all other industries, adjusting to the inflation, you are going down. Trucking right now is the only industry unable to raise prices during inflation. And that is a deadly combination.
Hey Miranda been watching you for awhile and love all your videos. Why not get a brokerage going and use it to give your trucks contract freight? My plan is to keep my trucks leased to a carrier and open a brokerage to get contracts and then use my trucks to cover some of the loads while using other carriers to move the rest. What are your thoughts on this ? Tanker is something I am also considering for better rates
Miranda. Next thing to think is how your influence can reach at least 60% of operators to have a viable effect. More over you need to get hand with Mutha Teucker and over notable influencers. Make next video along with them so that maximum available operators can be reached and influenced. We don’t even need say no - all we need is just take a 1 day off all together on same day. Just 1 day off. After posting that video on all participating influencers channels y’all need to add a link to a vote page asking drivers who agree to take a day off on a certain date click yes. That way we know how many agreed and divide that figure to an anticipated total of operating carriers or owner operators (can ask them to specify who they are while clicking yes) so we know approximate % and hence can measure possible effect of day off on transportation volume. Based on effect on the supply chain we will plan next punch. My name is Muhammad Ali I know how to punch effectively.
I'm sorry you're stressed. I have some ideas but it's too much for a comment and only worth the paper it's printed on anyway. One thing I might suggest is reading Henry Hazlitt's book "economics in one lesson". It also won't give you the answers. But I think it'll put you in the right frame of mind for thinking about such things. You're an asset to the entire community and I hope your businesses are able to make it through and thrive on the other side.
You think they would care about the liability issues of hiring a dirt cheap carrier. If there is an issue with the load and they decide to blame the carrier for it, the dirt cheap carrier might go out of business before they can get a claim paid out.
I yesterday I get Load from Georgia to Florida, frozen meat -10. I go to Shipping to pick up and they told me you are late 30 minutes. We have to charge you $210 and then I said I don’t want the load cheap Broker and cheaper Then I make problem with Shipping in the Broker😊
What do I think would happen if X number of carriers just adopted a strict holdout policy? I think 95% of them lay over. There's still enough trucks that the loads get moved anyway. And of the 95 that get laid over, if you keep just parking your truck and waiting, 90/95 of them go bankrupt before too long. Fixed expenses are HUGE for carriers. Especially if you're not at home, and you need to idle the truck or get a hotel room to not die of heat stroke. These huge fixed expenses are THE cause of crashing freight rates. Cheap rates are expensive, yes. But layovers are (usually) even more so. For this reason, the trucking industry will always be cyclical. Too many will get in on the highs, and the least efficient operations will get purged on the lows, and then there'll be too few trucks again. Rinse and repeat. The only practical option is for each and every one of us to control our expenses, and to maximize gross profits. I can survive on $1.80/mi so long as I put down enough miles. I can't survive on $3/mi if I'm only doing 1000 miles a week. (team operation fyi) I wish we had the power to just draw a line in the sand. But the simple fact is, fixed expenses make that impossible. Unless you can get every single carrier to sign onto this plan all at once (which would likely be subject to a massive antitrust law suit), simply parking your truck haphazardly does nothing but make you the sucker who's stuck with a layover.
Anyway on my opinion, fed gov should set a minimum rate per mile/hour as same as min wage set for labor employees. In this case not all the carriers would be able to get a load, but at least for those who could - they won’t be suffering and sinking..
I understand the sentiment, but the government is the absolute worse option for fixing. Governmental policies and actions are the reason for this mess. If that wasn't enough, name 1 thing the government has done well in the last 4 years. It's up to us my friend. Pray and drive on Brother.
@@DavidTrucker-lo4bs I agree, but I live in Fl I see 75 cent loads fly off the board. all day every day. I have a reefer and can't believe my eyes. Been going on ever since the crash after covid
@kdp1943 If these drivers would just educate themselves and learn simple math how to figure out your CPM, they would Realize they're are 3 kinds of loads. Good, cheap, and stupid loads. You go below your cpm you are asking for trouble.
Rates are down right now and I know times are tough. But have you signed up any of your companies with Amazon Relay? You don’t have to use them all the time but I believe they can help fill in a lot of empty voids right now. You don’t deal with brokers and you book loads at the click of a button.
Amazon???? Really???? I've never seen a load on Amazon and think "here is a good paying load". Never... Amazon is a sweatshop at every single level of thier business.
@michaelparboosingh ABSOLUTELY spot-on. It's rare to see a load on Relay that pays over 1.80 a mile. The ones that DO pay are usually less than 100 miles. Not worth it. I won't even start my truck for less than $400.
Morning, Trucking has never paid great; always over worked and under paid. We never used to get detention pay and in many cases good luck actually getting paid for it when it does occur. Trucking has become AMERICAS SWEATSHOP. I’ve been a cdl holder since the mid 90’s and it’s only become worse. Back in the day no problem finding a restroom. Now good luck, many times it is a port a John, that’s how much respect they have for us. Miranda is correct, either push back or stop complaining. That’s my take on it, eventually they’ll push us all out.
Why don't you do short runs towards LA instead of taking these stupid loads that don't even cover your CPM. One huge breakdown and that credit card is going to get maxed. You're playing with misery.
@@DavidTrucker-lo4bs when there are short runs to Phoenix or Vegas I take them but if you're on the board you would understand that there's sometimes 10 loads posting on a lane from 6am to 2pm so the luxury is not always there.
We need to unite in order for us to survive in this business! New companies and owner-operators that joined during and post pandemic are ruining it all for us AND FOR THEMSELVES They just don’t realize it yet because they have not gotten to that point where their income simply doesn’t cover their expenses YET My minimum has been $2 per mile including deadhead for a while now but I’m increasing the number to $2,5 from now on
Drivers enabled the shipping rates. How many Drivers speed, rush, weave through traffic, and break hours of service laws? Hard working Drivers get the job done faster than its supposed to have enabled shippers and brokers pay less. Drivers have worked themselves out of a job and didn't know it. Safety pays. Rushing takes. This is the time to follow rules and laws. Not the time to get greedy and "water down" the work.
We’re a broker and we support the call for higher rates. We stopped quoting customers cheap rates to complete with other brokers. It doesn’t make sense to keep rates down when commodity prices are still super high. Carriers and brokers need to take care of each other and push back on cheap shippers.
Absolutely I'm all in
@@jaketysmajr2826 I always thought it came down to shippers, they're cutting shipping costs over other cost cutting tactics to fight inflation. Am I wrong?
@kevinfreyre157650%? Brokers shouldn't be taking over 15%.
I'm all in as well. Problem is that we need to agree on that with another several millions market participants
I wish it was possible to rally together every driver in the country and SHUT DOWN ALL SHIPMENTS FOR 48 HOURS just to show them what it'll be like if they wanna keep screwing us. It's a pipe dream, I know, but MANNNN, that'd get EVERYONE'S attention immediately.
those lease owner op making 500 dollar a week net. can’t Afford to shut down.
Spend your energy on more constructive and practical pursuits. Wishing for impossibilities is a waste of spirit.
If only.
@@M0rmagil commenting how I wish it was possible is really not wasting much of my energy. Believe it or not.
Owns. Ops . Are losing 📉 brokers are making rich , we send a 42k pounds pipes from ct to pa broker charged us 2k for 200 miles when driver arrived he said hes getting 600 dollar on that load feel bad for those drivers .
Miranda, I have been in the trucking business for more than 30 years, and during those three+ decades I've constantly heard the same thing. "don't haul cheap freight". I'm sure this will sound very bitter for most of your viewers to read, however I feel it needs to be said. Your average truck driver is frankly entirely too stupid to understand what their operational cost per mile is. The majority of truckers have no clue how to track their true cost & profit on a per mile basis, and let's be honest, most have no desire to learn how to do so, and put it in practice on a daily basis. This is the root of the problem. Too many dumb truckers that DO NOT run their business as a profitable business. The second piece of the problem is that, unlike, many other industries where labor is treated as a necessary and vital component in business, The trucking industry, as a whole is treated as a commodity, NOT as labor. Commodities prices are strictly driven by supply & demand. More demand than supply, prices go up, as we saw in 2021. less demand than supply (insert capacity), prices will drop as we're currently seeing. The American system of truck transportation is designed for success during periods of strong demand and failures during periods of weak demand. It is a system that is in a constant state of movement between the two. I find it amusing that you claim we should all demand a minimum of $2.50/mile. When I parked my truck last year and canceled my authority, I averaged $4/mile. I will not drive for less than $4/mile now. Who knows, Perhaps I'll never drive my truck again. I'm close enough to retirement that I can afford not to drive another day in my life. The current freight rates being offered were the norm 30 years ago!! I know because I was driving back then!! The current expenses certainly are NOT!! What is insane is that carriers still are hauling for these rates. That in itself is a testament to the collective stupidity of this industry. I've witnessed tremendous change in my 30+ years as a trucker from electronic engines to computers. Heck, when I started in the early 90's, no one had cell phones and the internet was in its' infancy. UA-cam didn't even exist yet. Neither did social media. Mark Zuckerberg was a snot nosed kid sucking on his mother's breast. Yet, despite all of these brilliant enhancements in our civilization, nothing really has changed. Truckers are still as dumb as they ever were and are desperate enough to work for nothing. In reality, nothing ever really changes. The one thing that can change the trucking industry is for more people such as myself refusing to play the game of stupidity. Learn to run your truck as a profitable business. When those conditions are not available in the market, park the damn truck, cancel your authority, and go do something else with your time. Yet, so many keep holding on, hoping for change, trying to pound out a pathetic living while the same pathetic stupidity is perpetuated. Anyone who is continuing to drive as an owner operator working in the spot market right now should have their head examined. It is a recipe for failure, not success. The answer? Simply walk away, give it up, and free your mind and your time to pursue more profitable endeavors. Refusing to play the game of stupidity is your first step toward true personal freedom and the first steps on the road to success.
They can do an internet search and see that someone has already shared what the average cost per mile to operate a truck is.
You are exactly right. People hauling loads for less then a dollar a mile. Fuel in Michigan and Ohio last week was 450 a gallon. If your doing that you deserve to go under. Good show Miranda.
Its nice to hear someone with brains and experience speak on this industry and supply and demand. 🤟🏽
Well said. My cost per mile is less than 90 cents. But I will not haul for peanuts. $2.50 is my absolute bottom, and even then I have to really need to work. Of course, I paid for my truck cash, and didn't finance a $100,000, 5 year-old truck with 600,000 miles during the pandemic like a lot of other morons did.
Brutal truth that needs to be said.
My pay and benefits alone cost my large LTL employer over $1.00 per mile.
Now add fuel, maintenance, depreciation, facilities costs, dock and office and mechanic labor costs, management, self insurance liability set backs.
32 years in trucking myself. Most in LTL (24 yrs) and the rest as OO or dry van OTR plus flatbed and tanker.
Deadheaded 600 miles home yesterday. Couldn't find a load worth hauling with my flatbed. Not gonna sit in a truckstop all weekend with a load paying $800.
Wow. Sorry. Flatbed rates collapsed. Good luck 👍
Some people are not even able to read signs written in English or articulate them selves in and understandable manner, the problem lies in the ease of getting a cdl, some one whose never seen a day of school to understand simple math can be an owner op.
Finally someone said it! I can’t stress it enough! English should be fluent not broken! Then you got places who get paid to pass people. They need to add a requirement to read so many words per minute in schools or on the DOT physical. Also the government isn’t any better just letting anyone come over which I think also impacted the industry, sending money back to their countries. Helping your family is cool but people come over here for a better living/ pay working for Pennies but it’s better than what they’d be making back home by far, not only in trucking but other jobs as well
I hope they drown in their ignorance and get out of this business.
We can't blame brokers when carriers are booking these cheap rates and setting the market value!
Yes you can! you don’t think Carriers tried and failed to ask for more and are just trying to not drown until things get better? Everyone always blames the ones delivering it! It’s always the carriers fault!
@@_el_louie_213because it it!! Brokers are also competing with truckers/ trucking companies. If an owner op with shitty equipment can operate at $1.50/mile, the only way the broker is going to win if they undercut the owner op. Then the broker has to turn around and come in at a $1.45/mile, take their cut then offer $1.35/mile. Its a vicious cycle that can’t be blamed on the broker. Maybe if truckers had unity and agreed to not go below a certain rate, then rates will go up and everybody will be happy. Brokers benefit from higher rates just as much as truckers. OPEN YOUR EYES!
Asking for more money and keep getting rejected gets old take a load or drown the choice is yours my logic is if it makes sense I’m taking it
Single truck o/o here, and I’m with you on the rate strategy. My desdhead is high, but I don’t take loads less than $3/mile. I do the math daily to make sure the deadhead is covered with a profit. While I’m just one person, I’m standing solid in not taking cheap freight.
Hey. I've been looking at the boards everyday. Nothing really pays 2.45 bucks or more.
Good man!
I gotta ask where do you find these $3 per mile loads? I haven't seen something like this recently except something like 100miles paying $300
@@ivelin1603 I'm wondering as well
I'm picking up a load today in cold springs MN heading to Denver Colorado and checking the spot market I realized the rates are crab.i will rather deadhead to anywhere in Kansas on Monday than pickup those cheap and heavy loads around Colorado
I live in colorado and i deadhead 450 miles every time 100% of the time
@@mohamedjamal9539 Why? From Denver east isn't bad. Rolling hills.
Pick up speed going down, coast up as far as you can.
Sometimes cruise control uses quite a bit more fuel.
@@TheBandit7613 i live in the area. Going east they offer 1.35 by the time you get to the east with the fuel wear and tear on truck and driver pay you are making negative - money. Also you headed to another bad market. So its best to do your numbers before accepting loads from colorado. They pay 0.91 for loads to kansas, dallas, st louis also less than a 1.00 so therefore i just deadhead out all the time
@@mohamedjamal9539like you said, if everyone did that they would get the freaking picture.
@@mohamedjamal9539
ok .I didn't know Denver was a bad market.
Let's make it happen. I have 20 trucks on the road. Plus I know carriers with a lot more trucks that will probably be down. Coordinate and it will happen.
Where can I contact you?
If I had a $1 for every trucker that over stated his wages and over stated his truck ownership well…I’d have lots of money lol.
@@MrChbnovember right he claims he has 20 trucks but need someone to coordiate to help him say no to cheap freight ! shit i got 2 trucks and i knew how to say no to cheap freight years ago without any coordination
we must take care of each other . we have the power to do it. all we need to do is wake up!!!!
Hey Miranda! Thanks again for sharing your stores and in a way providing some comfort when you share them because it lets me know that Im not the only one going through this BS. Yesterday I was also trying to book a load, Dry Van out of the Phoenix area. I had no luck for hours because the loads like you said were either covered in seconds, the phone would not pick up or the phone line would sound disconnected. There was 1 particular scenario though that really did piss me off. There were 3 loads going from the Phoenix area to Los Angeles, which is where I wanted my truck to end up in starting next week. And one from Fontana going to Ontario. I called on the posted loads and they were from TQL, they all had the same extension so they were connected to the same guy and when he answered he said, "Oh sorry it just got covered (in the most insincere tone)" and Im like "All four of them??" And hes like yup. So im like ok whatever Ill continue looking. An hour and a half goes by and the loads are still there, and Im refreshing and they keep coming up and Im like are you kidding me. So again just to see what he would say I called again about the loads and he says "Oh sorry they literally just got covered". Im like dude, I called you an hour ago and you said the same thing. And hes like, oh yea well the carriers I booked fell through, and they juuuust got covered again. Fucking bs
Liars. Nothing worse.
TQL? That explains everything
United we stand, divided we will fall.
Thanks Miranda for sharing your weekend experience.
We need to keep refusing loads..I refused one yesterday..42 thousand pounds from Sacramento to Downey...After my dispatch and trailer rental 600 for me...Nope I refused...I chose a different load for over 700 dollars that weighted 13.000 pounds
They rob the game Ms Miranda but I am thankful for person like you who put it out there
This is a good video. I really really really feel your pain. I’m definitely doing what you said. No loads under 2.50.
REEFER??? 4.00 MUST BE THE MINIMUN
Spot on as always Little M!!! I’ll DH 2000 miles before I help out a shipper or broker with there cheap ass rates- keep up the good fight- all I hear is I had to take this load for fuel money- well my friends if that’s you then your part of the problem- don’t be part of the problem- become part of the solution!!
I'm with you on that one. I prefer my driver to deadhead miles before I book him a crappy load. I will not do these brokers that favor. Besides that favor would be like driving for free.
I have been keeping it above $2. It's hard. Sometimes, I do short runs and work my way back home. I'm in with your $2.50 limit.
I actually enjoy these videos because it gives me perspective you are a hero in my book a remarkable person thank you for all the valuable information you are making a difference we need more people like you in this industry
I needed 3k from Cleveland, OH on Friday to wrap up my weekly gross target. All what was available to up to that amount was a crap rpm loads to crap states CO, CA, MT etc. I’ve said no way I am rolling there, and found load that can be delivered on Saturday for a 1,200$ on my own risk. Got lucky, found Saturday load for 2,250$ to crappy MA that’s at least better compare to earlier mentioned crap. Was at delivery 6:30am got first in delivery lain, got free by 8am and deadhead 2 hours (+coffee stop) to a pick up with cut off 11:30am. Got there 10:45am got loaded and achieved my weekly gross and kept avg rpm at 2.66$. Fk brokers.
I’m a broker, on some loads I print a loss.. On Friday I asked shipper to increase just to make break even for a carrier to FL ref load, guess what happened… he turned to another firm and covered it even lower. Why? Because he has so few orders now and trying squeeze every possible expense. That’s it, if he can’t- he’ll go bankrupt.
Good afternoon Ms Miranda blessing it new day
Hang in there miranda
im leased on with a very small company 6 trucks .jb came in and over took our main acct we had. i talked to the freight mgr at the plant and he informed me they under cut us by 25% . with a cut like that we would be loosing $ on every ld.
Yeah man that sucks. And with no real contract loads it's incredibly hard to stay afloat at the moment. They way I see it (and I could be wrong) you might have to lease into a bigger company that has contracts in place for dependable rates.
as much as i dont want to i actualy am in the process of doing that this week. lol get out of my head.@@chalky_white
I've been doing that since I started in may but it's hard to find loads over 250/300 miles paying $2.50 cpm I run regional because I'm forced to.
Agreed but that is also coming down
I have no sympathy for those drivers and companies that are going belly-up. They do it to themselves. I'm a one-man operation and have been on the road for 90 days now. So I do all of my back-office, administrative and operational tasks from my phone. Is it hectic and overwhelming sometimes? Hell yes. But I netted over $4k last week working basically 4 and a half days, and have been averaging over $2.70 on all miles for a month now. Why? Because I don't haul cheap. If I have to sit a day or two, I will. I just turned down a $2.78 a mile, 400-mile drop-and-hook from J.B. Hunt less than two hours ago.
That being said, truck drivers can SET THEIR OWN RATE if they wanted to. If everyone sat for $4 a mile, guess what? The shippers would have to pay it. Because the freight HAS to be moved. They just pass along the additional cost. But we have KNUCKLEHEADS out here who WILL haul for $1.50. I can't wait until the herd gets culled.
What ever the fuel prices are is what the minimum rpm should be.. just a thought.. OR regulate these brokers to a certain percentage they can take!! Say 10% maximum.. if you pick up a load that’s food whether it be refrigerated or dry, it should pay damn good considering everything in the stores have double or triple!!! Reason being you ask?? Shipping cost go up they pass to the consumer… brokers are making a killing on loads like that!!
Thank you for your thoughts Miranda!
The reality is - in difficult economic times, some people will have to go out of business so the market stabilizes itself. The weakest of the pack must die, so the rest can march on.
It's happening in all other industries, not only transportation.
I've sat home for 4 months, I refuse to run my truck up and down the hwy for crumbs.....
I am stopping the wheels. 2.50 per mile or not moving my truck. Don’t accept mediocre pay for a mediocre life wasting your lifetime
That reefer load should have been $4k minimum. Glad I sold my truck in 2009 and went back to LTL company driver. Let them go out of business Miranda. Keep track of who undercuts you. I am working as much as possible and cutting spending. I want to be debt free apart from a $1k mortgage and monthly utilities by Thanksgiving. Right now LTL is booming but it always gets slow 2nd week of December until middle of March. My wife has a State Gov job in the DOL that is actually more secure the worse the economy gets. We could make it on just her income especially if I pay off the car notes and what is left of the CC debt. I remember the 2007-2009 economy and buying fuel for under $1.50 a gallon and it went to $3.00 in a couple of months at the same time that freight dried up and rates stayed the same or dropped. I sold my paid off truck while I still had $ in the bank. Close up under your terms rather than when there is no $ left to cover bills. So many people don't track cash flow trends and walk away soon enough.
As for LTL rates, don't haul cheap freight. My load home from Riverside to Atlanta was 30 bills, 17k pounds on a 53 foot van, just over $14k revenue for a 2200 mile line haul run. It was primarily palletized individual shipments of furniture. Truck got over 8 mpg running 68 mph. Kenworth with a 450 ISX Cummins and a 10 speed 2015 model year with 1,266,475 on the odometer when we parked it in Ellenwood. We put 6400 miles a week on it. That truck generates at least $25k per week line haul. Company will not cut a load Coast to Coast unless it has a minimum of $10k revenue, or $5 per mile. If it is a light load with few bills the freight is 3D scanned by a camera system on the dock and the customer gets a bigger bill for taking up too much space. If your pallet keeps us from double stacking you pay for the extra space. Sort of like really large people having to buy two seats on an airplane.
Independents need to hold the line and demand higher pay.
The revenue is there.
You don't see LTL undercutting each other like small truckload carriers do.
The big one that tried just went bankrupt.
You will stop it, once most go broke.
Too many people jumped into the business in the last 6 years.
Now they will be bailing out.
I did a long time ago and was glad I resisted the urge to jump back in.
Me and my codriver almost took $ out of our 401k to buy a truck and go with Tri State Secure.
Covid mandates for government contractors stopped that idea.
Whew.
Blog over. I'll shut up for a while.
No disrespect to you at all Miranda,but i see the frustration & pain in your words and face, I see it,because i have it also. You are the gas to keep the fuel that keeps our fire burning,and i refuse to be put out. Yes,i am financially fit for this market,but at tbe end of the day...
I am a business owner/truck driver. I did not pursue this career to just be mediocre, i pursued it to be great ! Your words do not go on deaf ears,and i am definitely one of 62,000 on your channel that is following the "STRIKE" against every trying to destroy our livelihoods. Hopefully,those who are struggling right now will get sick and tired of being sick and tired,and do their part. I will make it to the end,others need to ask themselves "WILL I" ? and learn ,so this doesn't happen so brutaly again. 💙
🙏🏼 I hope more an more people decide to take a stand against these rates- it WILL change the market
Good to know there is someone (you) that is not delusional - you are spot on!
Great video. Please explain why shippers are saying they are paying more than ever if the brokers are saying they are paying less? Brokers are lying to the carrier about the amount the shipper is paying. Shippers are told rates are going up because of fuel and they give the extra money to the broker. The carrier is told rates are going down by the broker and the broker keeps more of the money. This is just facts when your dealing with middleman.
What last broker told me while booking load and negotiating, he won’t give more money not because he doesn’t have, but because that’s what market currently dictates. Take it or leave it, there are another 8-9 carriers on the phone ready to move on. I started openly tell to brokers, carriers will go out of business with what you’re offering. They don’t give a shit.
I have 2 semi trucks in the spot market I’d 100 persent be on bored with this .but it would take a timed plan and get support from all trucking platforms on UA-cam all the big channels to be on bored .has to be a complete movement to get results
You are nailing it! Great job seeing the big picture, thanks for sharing your wisdom with us…
In the first half of 2020 I did not take a load unless I paid good and I can find a good return load coming home and I only did two loads of week for the first 6 months at the end of that six months rates went back up because a lot of people ran out of money and demand went way up and the best part is my truck was not wore out for hauling around cheap rate
Miranda, You're 100% right! We the carriers are the only ones to turn the market around! No Cheap Freight! After all with the cheap fright, We are losing big.
As a dispatcher last time I gave my driver less than 2/mile load was like 5 months ago when his authority was like 3 months old and hardly anybody was willing to work with us. Since then it's always been more than 2/ which is what my driver asks for. Since he has a van and rates aren't great but still the best I do is give him the best possible loads like last week we did a load of 640 miles paying 1800 and it wasn't too heavy either. We have been averaging between 7-8k$ every week and we hope to make more. Just like these brokers have associations and they can see bad reviews about carriers there should be one for carriers so that carriers can start registering that they won't haul for less than a certain amount/mile let's say 2.40?
You’re right. Other day I was trying to booked a load for my reefer. NJ to CA and the broker was paying $2800 for a full load of truck. When I had the little argument with him regarding rate, he emailed 2 mints later he covered it for $2700
Wow, how are they still in business? I will never understand.
Try to work your way with short trips, not fun, but it's better then taking those stupid rates. Let those dummies drive themselves into bankruptcy.
Its tough, but it's best to let stupid take care of it. Anyone continuing to take those rates will go under.
It is still like that. East to West. However, I've seen reefer go for 8k coming back. But 10k for round trip is bad, especially with fuel where they are
12:36 we need to go fishing 🎣 for a few days, maybe more. Three days should work
Just like there's an overcapacity of trucks there's an overcapacity of brokers when that changes it's going to get real ugly for the shippers
To all the owner operater please do not acepting cheap rate ...... lately i dont go far no more cause if i can not get the rate i want i just gonna deadhead home ..... i called on a load yesterday they have it on DAT board 800$ for 400 miles so i ask for 1000$ she came back if i can do it for 950( i used to haul this for 1100$) i said ok while we go over the detail and finalizing the deal she then put me on hold a minute later she came back and told me her coworker just booked for 800$ hahahaha SMH
Turning down loads becomes increasingly difficult when you cannot accept a zero for the day. I try to accept only good loads but I’m running out of options
me too. I'm running local. im selling some of my equipment. I'm going to sell a property that I have , but I FKN refuse to bend my knees
Very good information I agree just like there's a minimum wage for hourly workers there should be a minimum rate per mile. 👍 $2.50
Many trucking companies/owner ops want contracts/dedicated. It’s a pain also:
#1: spend your afternoon calling shippers then building a quote
#2: spend 2 weeks getting freight packet approved…countless emails/calls
#3: buy extra equipment to service the customer
#4: service customer and make everyone happy
#5: your friend/contact on the inside sends you an email showing the girl in logistics management is cutting you 2 months out and going with a big carrier who can do it for $100 a week less…
I’ve been repeating this formula for the last 2 years. It’s exhausting. I can barely keep 5 trucks rolling on dedicated. Constantly getting under quoted.
Feel ur pain. I have box truck and I always say no to cheap loads. Sad thing is always taken with in minutes. Idk how ppl are doing cheap loads and still in business and also how ppl are surviving without moving? Becaz they didn't take cheap load. I am so lost. Idk what to do. I don't want to give up this business it will break me to my core but I don't see any other way.
Shoutout to you 💪🏽 I may be wrong but I noticed you ❤️ The comments & replied to some which I assume you read them to see what everyone thoughts were 💯
Your frustration is real. But short sighted. I was around during regulation and the arguments for deregulation were 180 to your argument for regulation or minimum rate. The only thing i see is to adapt strategies to get thru the down market. Don't marry to one strategy but also look to your biz plan which should have had a exit plan.
It's nice to have a beautiful face with an education discussing these matters as a business. Unfortunately, Swift and the mega carriers can sell off or lease their trucks after 'X' number of miles making people believe they're an Owner Operator. They can afford the write offs and weather a recession or stagflation. In October, student loan repayments will become due for debtors as well. What is the one debt you can't discharge in bankruptcy? The FED is allowing bonds to mature off their balance sheet. M2 is contracting. Credit is tightening, not expanding because banks are not lending. I work at a prison and am not even a trucker and can see the writing on the wall. The scenario of 20-30k truckers stopping would not do anything in IMO. Owner Operators will be crabs trying to crawl out of a bucket. Then again, perhaps I'm just too negative about macroeconomics.
Turning down loads becomes increasingly difficult when you cannot accept a zero for the day. I try to accept only good loads but I’m running out of options 6:29
Thank you for another amazing content. Very useful important information.
I operate in CA only, but this week I DH ed back from Brisbane to Fontana since there was nothing worth bringing back, I also don't like the fact that anything coming back from north to south has to be cheaply paid... From Redding to San Diego for 1.70 a mile at 41k depressing.
I bet it takes at least a few years to turn around. Unfortunately as soon as it does capacity will start building back into the industry and we’ll be back here again. Maybe if truck prices stay up and insurance increases that’ll limit new entrants.
Im sitting for the weekend till monday. Losing 2 days myself. The real problem is this is a debt based system which makes people easier to enslave.
Im independent with authority. Agree 100% with $2.50 minimum. Dry van, still getting $3 on some loads. If no money on loads, I'll keep truck parked. Ain't running for free. Love your videos!
I've been on board the "no cheap freight" train from the beginning. I'll run empty before I'll carry freight for a loss.
Bonus video ! This is a very difficult topic. I also wish drivers could organize and speak with a united voice. The fact that owner operators often run small operations independently makes this all very difficult. I wish carriers would do as you suggest, and refuse loads that don’t pay a workable wage. However, some drivers would say they will except a lousy rate from one area to get to another area that pays better. so the calculation is often not only about the outgoing rate, which might be a loss, but the potential payoff of a return load. I fear the ultimate solution is that capacity will be sadly reduced by drivers going out of business. Like you iamb clinging on for dear life.
Happy Saturday to you
I'm new to trucking and I absolutely agree with you on those cheap paying freights. If all the drivers would band togehter I promise you things would change.
A lot of trucking companies took those covid loans and bought more trucks and trailers.
That's where the extra capacity comes from.
Until this extra capacity is flushed out of the system rates won't improve.
I always say this that small carriers need to create some kind of organization or community that will push back to shippers, brokers, big companies and stupid regulations forced by big companies through fmcsa
But unfortunately evryone is scared and doing nothing and at the end whole situation is going down
And most of the time drivers are getting pushed
Now driver can’t protest anything coz it’s illegal to do so
A big issue Miranda that i see is that alot of companies in the south hire B-1 Drivers i know of alot of them getting at max 27 cpm so carriers with those drivers take them cheap rates any driver thats a B-1 can make it out as a king that way in mexico and other contries youll starve to death here if youre American with american prices So thats and extremely big issue not to many people talk about.
I headed home this weekend but I've already booked a load for Monday for four bucks a mile direct customer
@Miranda
I wonder if instead of a set minimum 🤔 it should be an required equation that determines the minimum, since the flex of the market could change yet again and we would be stuck with a minimum that didn't apply anymore.
Like the fuel surcharge
Just a thought
We are already doing this. If more would do this you are 100%correct. Sadly I have no faith that most will. They just don’t understand the economics.
Morning, I have to post this…see my other post below to gain some context.
I keep hearing the following statement/s.
“ Lower your costs”
To me this is foolish, why? Why should I have to lower my standard of living to have a career?
There isn’t an executive who thinks this way nor would allow this in their personal lives, so why should we.
Stay safe.
The “Just Say No” [to cheap rates] Campaign probably only has to reduce capacity by a very small percentage to create a disproportionate higher freight rate, within a given region. Yellow’s bankruptcy seems to both suggest this and demonstrates it. It would be interesting to organize “Just Say No” campaigns in large regional areas and put the concept to a practical test. Of course, it would ultimately be claimed to be an Anti-Trust business practice.
Great. Video. That. Needs. Everyone. Aboard.
But that’s the problem. No solidarity. Minds like yours or anyone with good business sense can see that we hold the power. But we all don’t see the bigger picture and there lies the problem. Sucks that we can’t put the full force of our numbers on shippers and let them know we are tired of their 💩. Thanks Miranda. I needed to vent too 👊🏼!
That's right and i really really wish that all carriers or much of all can atleast make a strong mind , that not to accept low rates. It's our normal behave these days that just to keep rolling or to sustain we are accepting low rate per mile....Secondly yes these days I faced same weird situation of available loads on board but Broker not accepting or taking call ....wondering 🤔 💭 what's going on ......
Well hoping for best for all
Toodles 😊
Wow I didn't think of Yellow being the bottomfeeders, but it seems they priced themselves out of business I guess. That's what they get for lowballing the market so low they couldn't generate a profit.
Was looking for a load out of Midland and Dallas, and I had the exact same experience yesterday.
Have you seen some of these new carriers? They wouldn't know a CPM if you threw it at them. That part of capacity needs to be killed off before we stop seeing these embarrassing rates.
We dispatchers and drivers are crying right now with expanses taxes salaries but we are with you 😊
I agree with her. I’m tired of being a bystander…. Carriers need to ban together and we can improve our rates. Stop pulling cheap freight!
A load I wanted but was taken by another broker who deals with the same customer and then at the end of the day they did not have a truck to cover it and they had to give it back The customer was not happy because I was already covered
I am tired of sending my trucks empty from miami to Atlanta GA , I don’t make the difference but I refuse cheap freight. It kills a week of profit but nop I refuse all of those brokers specially TQL uffffff
You simply can't run at 94¢ per mile. It's impossible.
We meet to shut down and the government needs to only issue MC's to carriers that are American citizens and own commercial property! I saw loads yesterday from Phoenix to LA for $375
If there is an inflation and the price you charge for your services goes down instead of going up, like in all other industries, adjusting to the inflation, you are going down.
Trucking right now is the only industry unable to raise prices during inflation. And that is a deadly combination.
Hey Miranda been watching you for awhile and love all your videos. Why not get a brokerage going and use it to give your trucks contract freight? My plan is to keep my trucks leased to a carrier and open a brokerage to get contracts and then use my trucks to cover some of the loads while using other carriers to move the rest. What are your thoughts on this ? Tanker is something I am also considering for better rates
Miranda. Next thing to think is how your influence can reach at least 60% of operators to have a viable effect. More over you need to get hand with Mutha Teucker and over notable influencers. Make next video along with them so that maximum available operators can be reached and influenced. We don’t even need say no - all we need is just take a 1 day off all together on same day. Just 1 day off. After posting that video on all participating influencers channels y’all need to add a link to a vote page asking drivers who agree to take a day off on a certain date click yes. That way we know how many agreed and divide that figure to an anticipated total of operating carriers or owner operators (can ask them to specify who they are while clicking yes) so we know approximate % and hence can measure possible effect of day off on transportation volume. Based on effect on the supply chain we will plan next punch. My name is Muhammad Ali I know how to punch effectively.
Good idea❤🎉
I’m parked myself
Sounds good, but 24/48 hours is nothing. It’s gotta be 10 days minimum
I'm sorry you're stressed. I have some ideas but it's too much for a comment and only worth the paper it's printed on anyway. One thing I might suggest is reading Henry Hazlitt's book "economics in one lesson". It also won't give you the answers. But I think it'll put you in the right frame of mind for thinking about such things. You're an asset to the entire community and I hope your businesses are able to make it through and thrive on the other side.
Love that book- its one of my faves!
You think they would care about the liability issues of hiring a dirt cheap carrier. If there is an issue with the load and they decide to blame the carrier for it, the dirt cheap carrier might go out of business before they can get a claim paid out.
I yesterday I get Load from Georgia to Florida, frozen meat -10. I go to Shipping to pick up and they told me you are late 30 minutes. We have to charge you $210 and then I said I don’t want the load cheap Broker and cheaper Then I make problem with Shipping in the Broker😊
I agree with you then the other problem will be the driver
What do I think would happen if X number of carriers just adopted a strict holdout policy? I think 95% of them lay over. There's still enough trucks that the loads get moved anyway. And of the 95 that get laid over, if you keep just parking your truck and waiting, 90/95 of them go bankrupt before too long.
Fixed expenses are HUGE for carriers. Especially if you're not at home, and you need to idle the truck or get a hotel room to not die of heat stroke. These huge fixed expenses are THE cause of crashing freight rates. Cheap rates are expensive, yes. But layovers are (usually) even more so. For this reason, the trucking industry will always be cyclical. Too many will get in on the highs, and the least efficient operations will get purged on the lows, and then there'll be too few trucks again. Rinse and repeat. The only practical option is for each and every one of us to control our expenses, and to maximize gross profits. I can survive on $1.80/mi so long as I put down enough miles. I can't survive on $3/mi if I'm only doing 1000 miles a week. (team operation fyi)
I wish we had the power to just draw a line in the sand. But the simple fact is, fixed expenses make that impossible. Unless you can get every single carrier to sign onto this plan all at once (which would likely be subject to a massive antitrust law suit), simply parking your truck haphazardly does nothing but make you the sucker who's stuck with a layover.
Great video good ideas!
Keep it up please
Anyway on my opinion, fed gov should set a minimum rate per mile/hour as same as min wage set for labor employees. In this case not all the carriers would be able to get a load, but at least for those who could - they won’t be suffering and sinking..
I understand the sentiment, but the government is the absolute worse option for fixing. Governmental policies and actions are the reason for this mess. If that wasn't enough, name 1 thing the government has done well in the last 4 years. It's up to us my friend. Pray and drive on Brother.
@@jtvice1862 I’m talking about not restricting something for a “safety” sake but rather promoting. They might do it in a critical moment..
We r doing that we do not book the cheap lod
Watching you names my day smooth ♥️
15:25 everyone needs to listen to this analogy. Stop taking cheap freight.
Certain carriers will always haul cheap freight.. 20k truck 18k trailer cpm is almost 70 cents
Paid off equipment, my cpm last month was $1.30. Anyone doing it for .70 is a idiot with debt and bankruptcy for their future.
@DavidTrucker-lo4bs agreed. Especially now with fuel. Wonder what happens if truck needs repairs
@@DavidTrucker-lo4bs I agree, but I live in Fl I see 75 cent loads fly off the board. all day every day. I have a reefer and can't believe my eyes. Been going on ever since the crash after covid
@@kashkash1541 sooner or later it will catch up to them. Hopefully sooner rather later so they stop
@kdp1943 If these drivers would just educate themselves and learn simple math how to figure out your CPM, they would Realize they're are 3 kinds of loads. Good, cheap, and stupid loads. You go below your cpm you are asking for trouble.
Rates are down right now and I know times are tough. But have you signed up any of your companies with Amazon Relay? You don’t have to use them all the time but I believe they can help fill in a lot of empty voids right now. You don’t deal with brokers and you book loads at the click of a button.
Amazon???? Really???? I've never seen a load on Amazon and think "here is a good paying load". Never... Amazon is a sweatshop at every single level of thier business.
@michaelparboosingh ABSOLUTELY spot-on. It's rare to see a load on Relay that pays over 1.80 a mile. The ones that DO pay are usually less than 100 miles. Not worth it. I won't even start my truck for less than $400.
Morning, Trucking has never paid great; always over worked and under paid. We never used to get detention pay and in many cases good luck actually getting paid for it when it does occur.
Trucking has become AMERICAS SWEATSHOP.
I’ve been a cdl holder since the mid 90’s and it’s only become worse. Back in the day no problem finding a restroom. Now good luck, many times it is a port a John, that’s how much respect they have for us.
Miranda is correct, either push back or stop complaining. That’s my take on it, eventually they’ll push us all out.
I'm getting 1600-1800 from Houston to LA on a dry van. That has become to average rate at this point for that lane
Why don't you do short runs towards LA instead of taking these stupid loads that don't even cover your CPM. One huge breakdown and that credit card is going to get maxed. You're playing with misery.
@@DavidTrucker-lo4bs when there are short runs to Phoenix or Vegas I take them but if you're on the board you would understand that there's sometimes 10 loads posting on a lane from 6am to 2pm so the luxury is not always there.
What would happen is the repo man would be busy towing rigs.
We really need Carriers United, let’s do it together
Its a bloodbath we are all starving. Pay the car note or eat these days.
Yup.
We need to unite in order for us to survive in this business!
New companies and owner-operators that joined during and post pandemic are ruining it all for us AND FOR THEMSELVES
They just don’t realize it yet because they have not gotten to that point where their income simply doesn’t cover their expenses YET
My minimum has been $2 per mile including deadhead for a while now but I’m increasing the number to $2,5 from now on
Drivers enabled the shipping rates. How many Drivers speed, rush, weave through traffic, and break hours of service laws? Hard working Drivers get the job done faster than its supposed to have enabled shippers and brokers pay less. Drivers have worked themselves out of a job and didn't know it. Safety pays. Rushing takes. This is the time to follow rules and laws. Not the time to get greedy and "water down" the work.