Trucking and Freight Market July 3, 2024: Highest Rejection in 2 Years?!

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  • Опубліковано 3 жов 2024

КОМЕНТАРІ • 119

  • @RomeoUrsu-fy9qo
    @RomeoUrsu-fy9qo 3 місяці тому +51

    Lots of crap loads that are sitting even for days on loadboard
    Let it sit

  • @info_fox
    @info_fox 3 місяці тому +35

    I'm a company driver that runs the same route everyday, I have no idea why I'm here but thank you for the info and have an excellent 4th!

  • @gilbertoavina6156
    @gilbertoavina6156 3 місяці тому +19

    I still can't understand how some people can not like the "let's go" in the beginning of the video. Those people suck. I think it sets the tone for another cheery video from someone who just oozes with charisma. Even when it's bad news. You can't teach natural charisma like that. Rock on Miranda.

  • @ShawmahlamaDing
    @ShawmahlamaDing 3 місяці тому +14

    New owner op here. I'm leased on with a company and between the company cut and truck expenses, I'm making less than a company driver or about the same, but I've been reject loads aswell just because I'm not going to be working for peanuts as a OO. Glad more people are rejecting as well.

  • @TowPiglet
    @TowPiglet 3 місяці тому +35

    Inflation over the last 5 years +21%.... rates over the last 5 -11% ouch

    • @WanderingWolf365
      @WanderingWolf365 3 місяці тому +6

      Real inflation over last 4 years is +55%. - WW

    • @crexster
      @crexster 3 місяці тому +2

      The infamous towpiglet! Are you back at it?

    • @truckerjon7255
      @truckerjon7255 3 місяці тому +2

      Hey brah miss seeing you on UA-cam man nice to see you responding on here with Miranda.

    • @TowPiglet
      @TowPiglet 3 місяці тому +1

      @@WanderingWolf365 facts

    • @TowPiglet
      @TowPiglet 3 місяці тому

      @@crexster not with these rates lol

  • @Twenty_Four_7
    @Twenty_Four_7 2 місяці тому +2

    market updates and the positive attitude is greatly appreciated on this side.

  • @scottpeters4360
    @scottpeters4360 2 місяці тому +2

    On the truck and trailer sales side, we are seeing increased buyer activity. That is froim the wholesale equipment point of view. Thanks Miranda for insights. Hope your 4th was awesome.

  • @Prodigal1
    @Prodigal1 3 місяці тому +24

    To me, higher rejection rates might be a short term positive for the spot market but what it really indicates is the economy is bad and the Shippers are wanting their product hauled cheaper and cheaper and some of the contract carriers are drawing the line. So, good for them.

    • @DavidTrucker-lo4bs
      @DavidTrucker-lo4bs 3 місяці тому +4

      I think you're right. I'm dropping a load in VA , plenty of loads, but the rates are insulting. Luckily, I got a good rate coming in because I'm not putting those garbage rates in my trailer. Let it rot on the docks drivers!!

    • @tomek373
      @tomek373 3 місяці тому +3

      If the economy was doing worse then the volumes would be decreasing too but the volumes are getting higher. There also has been dramatic and sudden increase in ocean freight rates which would indicate that things are starting to move forward slowly?
      I think major problem we have is that we still have too much capacity in the market

    • @zapqure
      @zapqure 3 місяці тому +1

      Curious, maybe I missed something, why the spike? In simple terms please… Is it mainly Reefer driven?
      Please and thank you!

    • @Prodigal1
      @Prodigal1 3 місяці тому +2

      @@tomek373 yes, but economy is still bad. It’s a seasonal improvement. It’s produce season. People still eat. Building/housing is poor and Ocean freight is because we import too much thanks to businesses outsourcing for cheap labor.

    • @Prodigal1
      @Prodigal1 3 місяці тому +1

      @@zapqure not all food needs refers! Flatbeds haul onions, etc.

  • @jonmolina948
    @jonmolina948 3 місяці тому +6

    You’re 1000% class. Happy 4th of July. 👍❤️

  • @trucking219
    @trucking219 2 місяці тому +4

    Tv show Moving On in 1974 34 shows on UA-cam one of them talks about $800.00 from Durham NC to New York fuel was under a Dollar no DEF no GPS no Cellphone no ELD that was way better than today like 2 eggs over easy $1.20 coffee was Free

  • @glennbrooks2848
    @glennbrooks2848 2 місяці тому +1

    Always enjoy your market updates. ❤ thanks for your helpful insight 😊

  • @TruckingTogether
    @TruckingTogether 3 місяці тому +3

    appreciate your channel, time and insight 🙌

  • @markray4327
    @markray4327 3 місяці тому +3

    Great content Miranda, thank you. Happy 4th to you and family. 🇺🇸

  • @TomGreen-gi3tl
    @TomGreen-gi3tl 3 місяці тому +4

    I had record cancelations from shippers. Hard to plan your week when your loads cancel the last minute. Had improved rates this week

  • @aaronwhitey3068
    @aaronwhitey3068 2 місяці тому

    You are so incredibly talented and great at giving advice and information thanks for sharing this information ❤

  • @garyuselman8597
    @garyuselman8597 3 місяці тому +2

    Wonderful information ! Your the best!

  • @RomanVarl
    @RomanVarl 3 місяці тому +4

    Great info Miranda, thank you!

  • @shawnfairman911
    @shawnfairman911 3 місяці тому +5

    Been saying things turning upward. Here we go. Happy 4th.

  • @sword-and-shield
    @sword-and-shield 3 місяці тому +2

    Thx for the numbers and heads up, as usual.

  • @Slow810
    @Slow810 3 місяці тому

    At the risk of being hated
    I like to learn about the trucking markets. However, have you or would you on occasion due some videos concerning the Expedited Sprinter markets maybe . I am not on the road right now however I think if I had a channel like yours while I was i would have made more money with this kind of information. You do a great job very helpful to a lot of people on the road Thank you

  • @isaiahhoover3996
    @isaiahhoover3996 3 місяці тому +1

    Thank you for everything you do, This information was very great

  • @1930-Ford
    @1930-Ford 3 місяці тому +3

    Hey. Have a Happy 4th. Hope you make a 4day weekend of it. I did

  • @zapqure
    @zapqure 3 місяці тому

    Absolutely fantastic. The continued support and efforts are more than appreciated! There is a lot of time and effort put into each of these videos. I hope that your audience appreciates you as much as most of us do! 😊
    Happy and safe 4th to you all! 🎉

  • @norcalflatbed
    @norcalflatbed 3 місяці тому +2

    Thank you, Miranda!

  • @Tanker_Wanker
    @Tanker_Wanker 3 місяці тому +1

    Great info as always 👌

  • @ChampHTX
    @ChampHTX 3 місяці тому

    It amazes me how so much attention is put on rates, tender rejections, capacity and any other metric people can distract themselves with vs hustling to acquire their own customers.
    Tender rejection rates do not matter when you are addicted to the spot market.

  • @bobc1631
    @bobc1631 3 місяці тому

    Have a wonderful Independence Day weekend, Miss Miranda.

  • @hopfrogg9599
    @hopfrogg9599 3 місяці тому +3

    Anyone else get Bailey Quarters vibes? Not a bad thing at all.

  • @armandoreyes2750
    @armandoreyes2750 3 місяці тому +1

    I can't believe that its getting better when I see the number of companies closing and truckers losing their jobs.

    • @zapqure
      @zapqure 3 місяці тому +1

      Overall, It’s not getting better. This is a blip in the radar.

  • @alexlimion2624
    @alexlimion2624 3 місяці тому +2

    Thank you for this show, I am trying to get a sense of market health to estimate how Heartland Express will report their next quarter. I believe you mentioned that spot rates are currently below contract rates and surpised to see that as I previously thought HTLD juiced their results years ago with high priced rush orders. Has the market changed or are high priced rush orders a subsegment of the Spot market? Sorry if I misunderstood, and thanks again for this market commentary.

  • @elkscout1
    @elkscout1 2 місяці тому

    I wonder with several large/national carriers hurting lately to the point of closing their doors and/or laying off drivers, how many of these fleet/company drivers are deciding to do their own thing with their own rig and going into the spot market? Wouldn't this increase capacity and potentially make the rates worse for spot market?

  • @saintpatrick6681
    @saintpatrick6681 3 місяці тому +3

    woops since it's slow I booked a luxurious vacation

  • @supertruckertom
    @supertruckertom 3 місяці тому +1

    LTL terminal in Atlanta I work out of was running low on empty 28 foot trailers last week.
    3 months ago we usually had 50 empties available on top of the former YRC trailers waiting for a PM and getting new company E logos applied.
    Working tonight.

  • @martycech5844
    @martycech5844 3 місяці тому

    Happy 4th of July Miranda and Thank You for another Excellent informative video #Truckingmadesuccessful

  • @ruedigerrichter3091
    @ruedigerrichter3091 2 місяці тому

    Miranda can you bring something about Cattle Hauling please ?

  • @pr4362
    @pr4362 2 місяці тому

    I noticed in one of your videos you talked about how Brokers and shippers are trying to reduce being affected by the fraud in the industry. One of the things you talked about was a virtual address. I wanted to find out how to get around having a virtual address if somebody has a UPS suite. What is statutory agent be sufficient using their address such as an accountant address or a home address. Can you help me with this without having to rent or own commercial real estate.

  • @joewatts9132
    @joewatts9132 3 місяці тому

    West Virginia doesn't seem to do well just going from the two maps you made, its like an island unto itself...I wonder why that is. Yea numbers can sometimes only tell half the story and sometimes even less than that. But not all the time, I think poll numbers...in some cases (like if you were to vote for candidate x or candidate y) can have all the info one needs within the output numbers but some polls aren't such cut and dry and the question they are asking (and the options available to choose from) can lead to faulty conclusions in the numbers. Good luck everyone!

  • @legenddairy005
    @legenddairy005 3 місяці тому +2

    Hii actually I'm getting $3 per mile regular for flatbed is good or I'm getting low 😮?

  • @topnotchtx
    @topnotchtx 3 місяці тому +1

    Let’s Go!!!

  • @JPGodschild
    @JPGodschild 3 місяці тому

    Thank you!

  • @alexshortsplus
    @alexshortsplus 3 місяці тому

    Please don't faint Miranda 😅

  • @ffblk6543
    @ffblk6543 2 місяці тому

    r drivers nervous carrying debt looking at cheap freight ?

  • @lifeitsgreat
    @lifeitsgreat 3 місяці тому

    Thanks to this holiday I stay 4 days stranded herein Ohio stepdeck loads are dead this week wow okay

    • @rce8540
      @rce8540 3 місяці тому

      I have had a step since 1998. This is the worst I seen. Thank god I’m ready to retire. Then you hear these idiots say there is a drivers shortage.

  • @mrbane2000
    @mrbane2000 2 місяці тому

    If you try turning your webcam as broker, it would be 99% acceptance rating ahahah

  • @truckerjon7255
    @truckerjon7255 3 місяці тому +13

    Hopefully when the real President Trump is back in office we hope see a big shift in the markets what do you think Miranda 🤔. MAGA🇺🇸🇺🇸45th-47th

    • @kimberlyhemerson4828
      @kimberlyhemerson4828 3 місяці тому +3

      Is there! A difference from the real one and the one who act,s like a 3 rd grader just asking ?

    • @DavidTrucker-lo4bs
      @DavidTrucker-lo4bs 3 місяці тому +1

      Trump is not going to do diddly squat, but go on a revenge tour.

    • @MC-ns9ef
      @MC-ns9ef 3 місяці тому +2

      What did Trump do for truckers when he was in office? Nothing

    • @SuperTrucker2019
      @SuperTrucker2019 2 місяці тому +1

      If you believe #45 is gonna be any better for truckers, you're in for a rude awakening! Remember, he, like all politicians, is beholden unto big corporate. So there is absolutely no incentive on either side to enact policies that boost the freight market out of the dirt-cheap rates that have become the norm. The only ones who matter/win are the corporations and their shareholders. Neither Trump nor Biden could care less about us truckers. If I had any other career options, I'd be out of trucking a year ago.

    • @matbob7249
      @matbob7249 2 місяці тому

      No wonder you drive a truck. If you master hope l wtf you need a knowledge, as understanding supply/demand, velocity of money, volume of loans at inflation rate…🤦.

  • @jaylinmoseley3910
    @jaylinmoseley3910 2 місяці тому +1

    Bro, as someone from Roanoke VA I NEVER expect to see that boring ass town pop up in a list LMAo

    • @dion_the_entrepreneur
      @dion_the_entrepreneur 2 місяці тому

      @@jaylinmoseley3910 did a contract there….definitely right about that town being boring

    • @jaylinmoseley3910
      @jaylinmoseley3910 2 місяці тому

      @@dion_the_entrepreneur lived there from 2022-2023 and had to gtfo. It's like being stuck in a time vacuum where every day is literally the same.

  • @BestwayDeliveryService
    @BestwayDeliveryService 2 місяці тому

    HI Miranda where do you get this data from ? is there a website that you can share that shows where motor carriers are opening and closing

  • @civosborne
    @civosborne 3 місяці тому

    I find these California comments funny as I'm currently running a houston port to California run for Amazon (my guess is the Panama canal wouldn't take the boat the container was on)

  • @notsure984
    @notsure984 3 місяці тому

    It will let you down.

  • @Headdagreat1
    @Headdagreat1 2 місяці тому

    What is the spot market?

  • @lashan4636
    @lashan4636 3 місяці тому +1

    Lakeland has no freight.

  • @elkscout1
    @elkscout1 2 місяці тому

    why do you have a banner w/. your email address? I tried contacting you thru one of your websites about your dispatching course. I never received a reply. some type of click bait?

  • @RasimH1982
    @RasimH1982 3 місяці тому +1

    Miranda❤️❤️

    • @RasimH1982
      @RasimH1982 3 місяці тому

      Also thank you for the Live you did the other day…keep em coming 😊

  • @sunglasserz
    @sunglasserz 3 місяці тому

    You are trucking queen🧝🏻‍♀️

  • @Chickenpotpieman
    @Chickenpotpieman 3 місяці тому +1

    don't forget to ask people to like and subscribe. If you think drivers deserve, better pay.

    • @zapqure
      @zapqure 3 місяці тому

      💯 Like and subscribe, you won’t be sorry. Amanda puts in a lot of time, research and effort to provide accurate and detailed trucking updates! Happy 4th! 🎉

  • @johnkatakowsi9907
    @johnkatakowsi9907 3 місяці тому

    Have a Good Fourth everyone!!!! they haven't called me this week they must be rejecting all the loads 😀 not a peep!!!!!😇

  • @DavidPaul-s8z
    @DavidPaul-s8z 3 місяці тому

    Please share the google drive link

  • @ronnyarvelo7999
    @ronnyarvelo7999 2 місяці тому

    ❤❤❤

  • @princediamond5763
    @princediamond5763 3 місяці тому +2

    🤔

  • @Todpevy
    @Todpevy 3 місяці тому

    Hopefully it will flip soon

  • @karencarothers2043
    @karencarothers2043 3 місяці тому

    To the company driver you should know this just in case you catch the fever

  • @jimmillard3513
    @jimmillard3513 3 місяці тому +2

    A lot of people seem to be banking on Trump to save the day. Does anybody listen to Miranda? A half million too many trucks=not enough $ to go around. I'm all for Trump but don't expect a Miracle.

    • @zapqure
      @zapqure 3 місяці тому +1

      @@jimmillard3513 Amen brother & Happy 4th! 🎉

  • @rce8540
    @rce8540 3 місяці тому

    I hope fuel goes to six bucks a gallon. Maybe then these idiots quit hauling loads for nothing. But I doubt it.

  • @mr.b8372
    @mr.b8372 3 місяці тому +5

    MAGA 🇺🇸 🇺🇸 🇺🇸

  • @notsure984
    @notsure984 3 місяці тому

    Money wont be made untill the debt has been paid.😂😂

  • @truckerchannel1885
    @truckerchannel1885 3 місяці тому

    She’s getting old before the market recovers 😢😢😢😅😅😅

  • @Gary-yz1kf
    @Gary-yz1kf 3 місяці тому

    Trump2024

    • @maxmurphy7306
      @maxmurphy7306 3 місяці тому

      I doubt it if he'll do anything for us .mega carriers slave as always.

  • @MrMariutz
    @MrMariutz 3 місяці тому

    Waiting for president Trump..we’re almost there..🇺🇸🇺🇸..and we are going to have a better trucking 🇺🇸🇺🇸

  • @Hitty_456CTDriver
    @Hitty_456CTDriver 3 місяці тому +1

    Salute 🫡 Ms. Info always a pleasure queen sounds promising hoping to get back into my grove...enjoy the weekend happy 4th!