Very interesting piece on how freight rates are on the way back up....
http://www.expeditersonline.com/tru...ylectus_Best_July_Ever_Just_as_Predicted.html
http://www.expeditersonline.com/tru...ylectus_Best_July_Ever_Just_as_Predicted.html
Rates are going up....are you getting yours?
- Thread starter Lawrence
- Start date
greg334
Veteran Expediter
Lawrence,
I think it is an interesting article but we are still in a recession and many feel that we may end up having a rough time next year.
http://www.expeditersonline.com/forum/soapbox/42800-who-believe-economy.html#post380847
I think it is an interesting article but we are still in a recession and many feel that we may end up having a rough time next year.
http://www.expeditersonline.com/forum/soapbox/42800-who-believe-economy.html#post380847
Doggie Daddy
Veteran Expediter
Just checked the numbers,yes we got ours.
dhalltoyo
Veteran Expediter
Yep!
My rates are definitely up.
Seems like a redundant statement considering the cost of fuel (just saw a fuel bill for a truck in Ontario @ $3.25/gallon) and increased maintenance costs too. My rates have to increase to offset the increase in operational costs.
Stu was right on the money regarding decreased capacity and increased available loads. Our trucks have been loaded on a more consistent basis.
I salute him for having good, verifiable data.
Thanks Stu.
My rates are definitely up.
Seems like a redundant statement considering the cost of fuel (just saw a fuel bill for a truck in Ontario @ $3.25/gallon) and increased maintenance costs too. My rates have to increase to offset the increase in operational costs.
Stu was right on the money regarding decreased capacity and increased available loads. Our trucks have been loaded on a more consistent basis.
I salute him for having good, verifiable data.
Thanks Stu.
chefdennis
Veteran Expediter
Yeap, up and steady...not alot of variance.....
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Jefferson3000
Expert Expediter
Slow and steady is definitely what I would say as well. Rates are up from what they were last year (they were just horrendous then), but certainly not where I would like them, especially for the vans.
Greg,
The article was based solely on data - it wasn't an opinion piece. So I say believe the numbers.
Sure the recession still rages on - but if you have equipment that rolls down the road in 2010 - you should be making MORE per mile this year.
guido4475
Not a Member
Greg,
The article was based solely on data - it wasn't an opinion piece. So I say believe the numbers.
Sure the recession still rages on - but if you have equipment that rolls down the road in 2010 - you should be making MORE per mile this year.
That is, if expenses and cost of maintenace can be kept down.And just the general cost of being out here.In 2008,I made $137,000 running solo with Polly.Sounds awesome.But there was $65,000 spent in fuel for the year,$29,000 spent on repairs and maintenace.This is just a few of the expenses.So did I end up making more money that year? Absolutely not.It came out to around 29,000 clear after all expenses, everything.I think it is all about keeping expenses down to a bare minimum at all times that will help a driver/o/o prosper.Dont get me wrong, rates do help also.
greg334
Veteran Expediter
Lawrence,
I also believe the numbers but hope that we are seeing the start of good times. I seem to differ over the positive news that we are out of a recession or that things can't get worst or all the money dumped into the system has helped. We won't know until next year what the rest of the year is going to bring.
With that said, I have noticed a lot more of a desperate reach into this business from unemployed and those who read how great the money is. Many are looking at this as a last salvation and this has a few of us worried.
We may think this is wrong for the industry or market to recruit at this time and if this truck reduction spurred increased rates what happens if we return to previous fleet levels and coverage, will the rates again drop and we repeat the cycle over again?
Thank you Jason for a good article, forgot to mention that.
I also believe the numbers but hope that we are seeing the start of good times. I seem to differ over the positive news that we are out of a recession or that things can't get worst or all the money dumped into the system has helped. We won't know until next year what the rest of the year is going to bring.
With that said, I have noticed a lot more of a desperate reach into this business from unemployed and those who read how great the money is. Many are looking at this as a last salvation and this has a few of us worried.
We may think this is wrong for the industry or market to recruit at this time and if this truck reduction spurred increased rates what happens if we return to previous fleet levels and coverage, will the rates again drop and we repeat the cycle over again?
Thank you Jason for a good article, forgot to mention that.
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Ours having been moving up slow but steady all year. We are also seeing many more of the really good runs this year. That helps too.