Minimums are going to mean very little if the market won't support it.
I know I am finding the load boards the money is low but our own customers are still paying "The Rate"....won't support it is very subjective...I think some carriers are using the economy as an excuse to drop rates to O/O's while they still maintain the same profit margins...
Our rates are not going down any time soon....I was expecting our Sprinter rate would be the first to go...but there is no talk of it yet.
A Message from our President...he quoted a post of mine from in here...
Recently I became aware of a posting on the EO forum
t h a t f ol l o w s :
Well fellow drivers and owners…
What ya think?...as you look around,
other carriers are trimming rates and ours stand firm...looking better
all the time. Express-1 has always kept operating
expenses in check – darn, they are even obsessive about that. And they even managed to buy up another smaller carrier when everyone is cutting back…
Congrats E-1—keep up the good
work...Driving Momentum
I have mentioned this strategy repeatedly to VP’s and fleet owners.
I am committed to addressing the current economic challenges
through aggressive sales efforts and reduction in office, general and
administrative expenses – not by lowering driver rates. We are cutting costs in the office from the cleaning
of the buildings to reducing some employee benefits. We will monitor
every dime we spend in order to keep the company strong and ready to take advantage of a turnaround in the economy