How are rates?
#21
02-21-2009, 06:55 PM
Slow here at Autumn as well....
Work is still there i guess even though miles have fallen down, but the rates have taken a dip as customers are cutting back. We just lost a Procter&Gamble account due to Foodliner undercutting our rates by a bunch. 
#24
02-28-2009, 12:26 PM
I have been offered as little as $0.70/mile. I have been told about some who have taken loads as low as $0.50/mile. :hellno:
#27
03-02-2009, 04:21 PM
I don't know that using Landstar rates or how some of their trucks appear is the best indicator of how the rates are doing. Like any other fleet some trucks are newer and better maintained than others. Some agents have better rates than other agents. Whether the economy is good or bad those who have decent rates are likely to have better rates than those who typically have cheap rates.
#28
03-03-2009, 04:10 AM
Well Landstar has gotten in the bulk hauling buisness in Oklahoma and Kansas and they cut the rates by a bunch to get the job. The cut the rates at one place and are trying to broker it out but from what I hear no one is hauling it, all local stuff. I say good luck to that agent. I hear they are doing it cheaper then the mexicans.
#29
03-04-2009, 12:13 PM
The cheap freight haulers and brokers won't be able to make it through this depression. They may survive for the short term but unless you have a profit you won't be able to make it. This depression just may get rid of some of these logistics companies and brokers who have crippled this industry and pushed rates down. Right now we see a race to the bottom to keep the doors open. A point will come when trucks refuse to haul a load due to the cheap rate. That could be the turning point.
#30
03-04-2009, 02:00 PM
The cheap freight haulers and brokers won't be able to make it through this depression. They may survive for the short term but unless you have a profit you won't be able to make it. This depression just may get rid of some of these logistics companies and brokers who have crippled this industry and pushed rates down. Right now we see a race to the bottom to keep the doors open. A point will come when trucks refuse to haul a load due to the cheap rate. That could be the turning point.
My bet is many will quit at the end of March, when they have to pony up for new prorate tags. I have seen more trucks in the last week out of fuel on the way in or close to the pumps than when fuel was $4.50. From the crappy shape of some trucks I have been seeing lately you may want to buy stock in companies that make Duct Tape and bailing wire. |
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