JUNE Market Update |

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  • Опубліковано 7 лип 2024
  • JUNE Market Update | #Trucking Rates in the USA
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    We are officially halfway through 2024! What does the market look like in the USA right now, and what can we expect for the rest of the summer? Let us know what you think in the comments!
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    Chapters 📚:
    00:00 Introduction
    00:23 National Average for Dry Vans
    01:06 National Average for Reefers
    01:37 National Average for Flat Beds
    01:59 Last Year's vs This Year's Rates
    02:27 Worst Places To Be In The US
    03:47 Final Thoughts
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    #truckingmarketupdate #spotrates #truckingindustry
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КОМЕНТАРІ • 46

  • @Nihil2005
    @Nihil2005 11 днів тому +8

    I think rates are moving up because a lot of companies are going bankrupt.

    • @NorthAmerican-Trucking-News
      @NorthAmerican-Trucking-News  11 днів тому

      That's one factor yes!

    • @gregmurray3038
      @gregmurray3038 11 днів тому

      @@Nihil2005 buy a new truck, that will help a lot

    • @jaeinnmoon3279
      @jaeinnmoon3279 9 днів тому

      @@gregmurray3038 - Ronen has said it many times, the newer trucks are a throw away trucks after 7 years. That said, buy a used 5 year old truck from Ronen with 3 year financing…. 🤦🏻‍♂️

    • @KP-05
      @KP-05 9 днів тому

      I agree. Let’s competition means more business for those who aren’t bankrupt

  • @bigdaddystep.
    @bigdaddystep. 11 днів тому +4

    NE is for the locals. I live in PA. Pittsburgh steel holla. Load coils $3800 to WI next day delivery.

  • @stillyoungish
    @stillyoungish 11 днів тому +5

    It’s funny the northeast has the worse rates but cost the most to operate ur equipment

    • @NorthAmerican-Trucking-News
      @NorthAmerican-Trucking-News  11 днів тому

      How do people even survive?

    • @jaeinnmoon3279
      @jaeinnmoon3279 9 днів тому +1

      @@NorthAmerican-Trucking-News - if your paid $1.74/mile to get out of NE (per Ronen). I’d be singing hallelujah every time I am in NE.

  • @papasmurf1904
    @papasmurf1904 7 днів тому +2

    Always really relevant information here! 👍😃

  • @treyfeeley2519
    @treyfeeley2519 12 днів тому +1

    Thanks for the info Ronen!!

  • @briangordon5668
    @briangordon5668 12 днів тому +4

    Ronen its lazy that you choose the wrong equipment when highlighting dry van/ reefer. Youre way to good for this mistake.

  • @grahamstuart9164
    @grahamstuart9164 11 днів тому +1

    Did you hear the news about Canada cartage.... In particular mel hall in London? 37 drivers laid off next Tuesday. They lost 50% of the LCBO account. No word as to whether any of the other accounts at the other distribution centers were affected. Apparently Day and Ross picked up the account.

  • @mallrat1960
    @mallrat1960 11 днів тому +1

    Maximus Logistics out of Lafayette Indiana just filed for bankruptcy. They laid off over fifty drivers three months ago. Kept about a dozen doing local work.

  • @DabCaster710
    @DabCaster710 4 дні тому

    Hey I’m a new authority, I’ve been finding it difficult to book loads. What would you suggest new authorities do in this situation?

  • @cupko1986
    @cupko1986 12 днів тому +3

    Carrot 🥕 on a stick rates, so you hang in there for a few more years, gold rush is over and not coming back, at least for a while.

    • @NorthAmerican-Trucking-News
      @NorthAmerican-Trucking-News  11 днів тому

      What's your take on expected timelines for that market correction?

    • @cupko1986
      @cupko1986 11 днів тому

      @@NorthAmerican-Trucking-News when consumers start shopping again

    • @gregmurray3038
      @gregmurray3038 11 днів тому

      @@NorthAmerican-Trucking-News July, it's gonna get hot

  • @zackconstruction8936
    @zackconstruction8936 8 днів тому

    Do you dump trailer rates

  • @ThatOneGuy-hp2pb
    @ThatOneGuy-hp2pb 11 днів тому +4

    This giy contradicts him self constantly.

    • @georgiiarakelov6560
      @georgiiarakelov6560 11 днів тому +1

      I noticed it too
      100%

    • @NorthAmerican-Trucking-News
      @NorthAmerican-Trucking-News  11 днів тому

      How so? We are interested in hearing your feedback

    • @CForged
      @CForged 10 днів тому

      I don’t agree with the comment. He’s putting out constant good information. What are you adding to the industry?

  • @BUILD-HIGH
    @BUILD-HIGH 10 днів тому

    Ocourse the northeast, the most companies driver are out there. All corporations keep it low as they can. Always

  • @tomdurkin3801
    @tomdurkin3801 12 днів тому +2

    Sorry i couldnt sign up for your join here setup ronen. Would not take my password different ways

    • @NorthAmerican-Trucking-News
      @NorthAmerican-Trucking-News  11 днів тому

      May be an issue specific to the UA-cam platform itself... we'll look into it from our end still, however

  • @sloanboy
    @sloanboy 12 днів тому +2

    How can I do research on the tanker market?

    • @NorthAmerican-Trucking-News
      @NorthAmerican-Trucking-News  11 днів тому

      Excellent question! DAT doesn't provide that information, however, so I'm unsure of where to direct you at this time.

  • @janalbertholwerda5954
    @janalbertholwerda5954 11 днів тому +1

    Clear numbers i guess, without the music under it..😕

  • @robertovillalon2841
    @robertovillalon2841 11 днів тому +1

    Are these rates pre or post broker fees?

  • @jaeinnmoon3279
    @jaeinnmoon3279 11 днів тому +1

    These Ronen’s rate are bogus and nobody’s averaging these rates.
    If these rates had any truth to it, I dare him to post another dishonest “load booking” video to prove these rates are indeed what you might randomly book.
    Please note, last time Ronen did a video showing himself doing a dishonest load booking video, that was over the extended Memorial Day weekend. You never see those rates on any other weekend.
    If Ronen did do another load booking video, that would be another dishonest BS shenanigan over the Independence Day week.
    Ronen can no longer be trusted to put out any real and truthful video. I am seeing loads being posted for less than $1/mile going over 1500 miles on regular basis.

    • @NorthAmerican-Trucking-News
      @NorthAmerican-Trucking-News  10 днів тому

      Just to address a few things:
      Firstly, these rates are not calculated by us here at ET. These rates are provided by the DAT platform that runs its own metrics and statistics. Any incorrect rates and representations would be solely liable by the company.
      Secondly, we do express, in many of our videos discussing market updates, that these rates don't factor in deadhead miles among other things so the averages WILL be lower.
      Thirdly, a rate average doesn't mean EVERYONE averages roughly that amount. It means that some people are earning really high and some people are earning really low. So, if you are not making that average, you are probably in the category that is earning low.
      And lastly, yes, we have seen $1 loads before and have made comments on them. We share a lot of our successful load bookings, but it would be unwise to even broach a conversation with a broker or shipper that is offering a load for $1 or less because that's simply unrunable. The loads are there, we just don't run them.

    • @jaeinnmoon3279
      @jaeinnmoon3279 9 днів тому

      @@NorthAmerican-Trucking-News - if you are just regurgitating whatever DAT says without demonstrating that you have confirmed those freight rates with rigor, then you are not adding any value and people have no reason to watch or listen to you.

  • @gregmurray3038
    @gregmurray3038 11 днів тому +2

    Everybody go buy a new truck, that will help a lot