mypie
Seasoned Expediter
We have also noticed a number of changes in rates . . . beginning last August with a 25% drop in rates. Over the course of this past year Terry told us to go ahead and negotiate loads on the Accept/Decline screen. But, in March our owner told us that we were no longer allowed to counter offers. At the same time we had noticed that we were now running 3-4 days a week instead of the previous full 5-6 days. Load pickups were being extended out and sometimes 2 or 3 days (ie, receive a load offer on Thurs evening for pickup Mon).
I have heard some rumors, and they come from honest sources. First, with so many carriers being forced out of the business over the decline in the economy FECC has taken to increasing their business on the "load boards" which could account for the lower rates. If FECC cannot cover that load they will farm it out to our competitors (ie, Panther, etc.) for the same rates as they would pay their own contractors. FECC is looking to add on new dedicated route "teams" @ .90/mi.
I have also heard on Sirius Radio Roaddog that there are 7 trailers sitting for every 1 tractor available to haul the freight. I'm hoping this means that when shippers and receivers begin getting desperate enough to receive their freight we will get busier and rates will increase accordingly.
On a personal note . . . we don't take a load unless it makes sense. Receiving multiple load offers on the same load is annoying, but sometimes on the second offer they will not add the Run $ on the Run $ line and only add it to the bottom line - make sure you're checking to see if the bottom line has changed. We keep DH miles to a minimum and will only accept a cheap run if a great run landed us in a deadend location and its the only way out, considering it does pay better the DH $ and of course it has to take us to a better location. We only do this once in a blue moon thankfully. But, even with all the challenges in rate decreases, running less days, etc. our dollars year-to-date are up 30%. This past week we have been predispatched on every load and all paid well. We have set a goal of no less than $5K/wk to the truck and make it most weeks. So, I guess I'm saying keep your heads up.
I have heard some rumors, and they come from honest sources. First, with so many carriers being forced out of the business over the decline in the economy FECC has taken to increasing their business on the "load boards" which could account for the lower rates. If FECC cannot cover that load they will farm it out to our competitors (ie, Panther, etc.) for the same rates as they would pay their own contractors. FECC is looking to add on new dedicated route "teams" @ .90/mi.
I have also heard on Sirius Radio Roaddog that there are 7 trailers sitting for every 1 tractor available to haul the freight. I'm hoping this means that when shippers and receivers begin getting desperate enough to receive their freight we will get busier and rates will increase accordingly.
On a personal note . . . we don't take a load unless it makes sense. Receiving multiple load offers on the same load is annoying, but sometimes on the second offer they will not add the Run $ on the Run $ line and only add it to the bottom line - make sure you're checking to see if the bottom line has changed. We keep DH miles to a minimum and will only accept a cheap run if a great run landed us in a deadend location and its the only way out, considering it does pay better the DH $ and of course it has to take us to a better location. We only do this once in a blue moon thankfully. But, even with all the challenges in rate decreases, running less days, etc. our dollars year-to-date are up 30%. This past week we have been predispatched on every load and all paid well. We have set a goal of no less than $5K/wk to the truck and make it most weeks. So, I guess I'm saying keep your heads up.