Everyone is talking about the problems, nobody is talking about the solutions! Unless they talk about strikes or shut downs which don’t work, we need to get EVERYONE to stop accepting cheap rates. $2 a mile minimum needs to be the industry standard. If nobody accepts a load that is $1 or $1.50 then the load rate will keep going up until someone books it. So we all need to get everyone to spread the word to not accept loads for less than $2 per mile.
That'll never happen. Shippers are tightening up expenses too. All we can do is operate as efficiently as possible while capacity flushes out. Then when the market cycles back up, bust ass and earn as much as possible so we have sufficient reserves to weather the next storm
It will never happen, way too many foreign drivers infiltrated the industry, exactly what the government wanted or didn't foresee when deregulation happened in the 1980's.
So glad i got accepted into nursing school. The stress in the hospital in more tolerable than stress on the road. Plus nursing is WAYYYYY more respected than trucking. Sorry guys i tried 3 1/2 years to make this work
My wife, an ER nurse and I , retired network engineer, gave trucking 2.5 years OTR as lease ops. Made a lot of money and then business just fell off a cliff. Back to nursing and retirement.
As an Uber driver, we are going thru the same thing, over saturated market, people are getting desperate and taking cheap rides, too many drivers, companies bringing in record profits, paying less and less, drivers hungry will take anything, drivers wanting to go home will take 3 dollar rides, expensive rates for new cars, people cant afford mortgages, inflation out of control etc etc etc. Interest rates are high to make people lose their jobs and lose their homes and cars to force them to stop spending, less spending means prices have to come down because of less money circulating which is what the government wants. Bottom line is this country is fuckeeeeeddddddd
I'm 61 years old. Seen this happen so many times in my life time. Good times will return after more equipment is taken offline. Whenever the Fed starts cutting interest rates. Things will then start to improve.
The barrier to entry is low enough that almost anyone can get a CDL and most of them can get a truck if they want. When rates are decent, you'll have youtubers saying they're making $10k a week and millions flood in/rates plummet. It's possible that the internet has ruined the trucking industry. My local community college advertises free CDL training. I'm sure it's across the country.
nah, that probably had an effect but not as much as you think. This economy is done, its a paper tiger barely running on fake money and inflated assets.
Great video as usual Ronen. You have nailed it what's going on in the industry... Thankfully as a 1 truck owner op been at this a long time , with paid off equipment I own, so low overheads to ride out this storm.. This is bad right now for anyone who's purchased over priced equipment in the last 3 years. Thanks for your analysis and keeping us all informed. Good job Ronen
I'm getting my CDL next month. Any advice as to who I should work for? I'm 40 no kids no wife looking to hit the road. $$$ where's it at? I feel likes there is a lit of sharks that would love be me to pull at .45 cents. Where should I be?
One thing that the driver can control is fuel consumption. If you’re are not getting at minimum 7.4 mpg per trip you are losing. I’m telling you all that even though I am heavy, I will drive as long as it takes at 60 mph until the economy starts picking up. Unless the load has been time constrained, driving at 63/65 mph is not that big of a deal especially when you are getting 8.7//9.3 mpg. I have been doing just what I am saying and it makes me feel better that I am doing my part to save my company Fuel is free and money grows on trees; there are plenty of loads for you and me. Ain’t those rates great? It’s not a sprint it’s a marathon-
Partial game is ideal for carriers as this point. Divid your trailer into 3, charge the broker as if it is divided into 2. I say stay in the $1.35 rpm per 1/3 of the trailer capacity. $1.35 x 3 going 1200 miles. Brokers know how the partial process works. When booking a load with a broker simply let them know you will need time to match their load with another partial. If they don't like that let them move on with another carrier. The point is that Carriers should not be moving until they get what the need to stay in business. If the broker need it expedited then this process will push them to pay that expedited rate. *Use Monday and Tuesday to book your loads, then hit the road by Tuesday afternoon heading to a hot market area. Start unloading on Thursday and Friday. Hoping you selected a nice destination location to enjoy the weekend. On Monday and Tuesday start the process again. Stop stressing, and start trucking smart. Hope this helps! 💪🏾
To all the otr drivers out their. I really respect what you people do to keep America's freight rolling. I tried this industry and got my CDL. I was not cut out for this business. Their are a lot of things that recruiters don't tell you about trucking. Try to find a place to shut down for the night when all the rest areas and truck stops are full. Freeze your butt off inside a rig at night
as a flatbedder, not a problem for layovers but deadhead for the next load is getting longer. Rates out of home is 4 bucks or better per mile but back is around 2 bucks. Lately my deadheads have averaged around 100 miles.
The problem with trucking is most trucking companies are trash. Do your homework and search till you find a good company. They are out there. If your company has you sitting they simply don’t know what they are doing
Layovers are a large part of the reason that I left dry van OTR to pull containers, every load is a roundtrip from then returning to the port.... Rates per mile will be unstable for as long as it takes truck owners to jump in or out of the market to catch up with demand from shippers.
Company driver here. I deadhead about 800-900 miles per week. Get paid all miles I drive at $0.77 per mile. But my previous company, I felt the hurt on some of what you're talking about.
You are the only one winning in that situation @ .77 per mile Keep trucking my boy and stack up Cause ain’t no way in hell I could pay a driver 77 fuel , tolls, etc and run for under $3 per mile
As an owner op I cannot stand and I mean CANNOT STAND being told taking a cheap load is better then no load. I'm sorry but who ever believes that is to dumb for their own good. I'll eat the fuel to run some where empty then make $100 after fuel to run a cheap load. Either way the load doesn't pay for my time and the wear and tear on the truck, running empty is a hell of a lot less wear on the truck. I've told my dispatch countless time's I'll run home from winnipeg to stoon empty as opposed to sitting an extra day to take a 2.00/mile load. There's a FB In canada take records accident's and who's having them.......when 86% of the accidents they see are punjabi drivers and the issues being ignored because its claimed as "racism" when the facts speak for themselves, that's why interest rates are sky fucking high!
Ronen Finally someone with common sense knowledge explaining it to the core, keep it up bro We need more videos like this with all this information exposed We will get through this if we stick TOGETHER, The American Trucker will PREVAIL!!!😊
I’m a one truck one man owner. With my own MC. I have noticed too that fuel card companies, factoring companies, and equipment sales, almost harass me for business. Everyone is desperate!
Layovers? Hold it. There's more. Disrespect of the profession is a large part of layovers. Also, if you turn back the clock to pre-computer loads (gigs), a lighter schedule was tolerable to your owner operator and his/her bills. Layovers are only a part of a trucker's problems. Red tape, finance schemes, a different kind of police rules, rabid insurance, and exploding equipment costs gouge the gearjammer's existence. Trucks abd trailers cost far less in labor, but much more in raw material costs. A trucker's buying power has been steam rolled. High fuel costs don't hurt truckers. It makes them the heroes. Tolls, but especially government fees chew a hole in a truck owner's existence.
Everything you said was dead on!!! Layovers have been ridiculous. I was just at a place down in Laredo. I sat there for 12 hours waiting to get unloaded!!! The The industry is really bad right now!!! I've been out of 10 years and it doesn't seem to be getting any better!!!🚛💪🏾🤦🏾🤷🏾.... To all the drivers, drive safe and stay safe!!!
A company driver get's $200 for a layover. I have no problem sitting and hitting a bar or nice restaurant for $200. Unfortunately the company will almost never do a layover. They will dead head me 1,000 miles before I get a free $200
Great video as usual Ronen, Here in Norway at the company I drive for we have no layover because we have routes daily on those who drive long-haul but the insurance has gone up from 1 million dollars to 1,2 million dollars on around 400-500 trucks and vans. at least I believe it has gone up so much for next year😅
O/O as of May 2023. Insurance is $1,740 per month. Massively struggling. I couldn’t pay the mortgage on my house this month. I have a wife and three kids and we are trying to figure out where we could go when we lose the house. Can’t lose the truck because that’s potential income. I’ve only been in the industry five years and only been an owner operator six months so my timing is obviously horrible.
I would lease on to a good company were your cost is lower. I would look a mercer or ace doran. Take advantage of the fuel discounts and the cheaper insurance. You drop a load get payed . Cash flow is king . I would say mercer if you need to make cash quick. If there load says 4000 that what it pays
Here in the UK, everyone is now retaining old units as the freight rates are dead low and no one in his right sane mind is buying new equipment. Some have laid down their tools altogether and having started looking back at working as a truck driver for someone else. On the other hand, the hourly rates for drivers is still high as the drivers still believe mistakenly that companies are making money and the companies might sustain operation till Christmas only and then just leave the industry come Jan or Feb, worrying times and this not getting any better. May I add in the UK the customers don’t really know which online platform to access if one needs to book loads - the few who offer the service charge just outrageously expensive annual subscription rates and provide crap loads, no service support and very low rates - so there is a real big gap here. UK freight market is in real crisis right now.
I'm still a new driver. Only have a year and a half working for one of the mega carriers in Canada. Take a big portion of things. People just need to stop accepting freight for nothing. If the whole industry got together and said we won't run for less than $2 a mile. Just be a lot more loads that could be willing to pay more.
Did you not learn from the last truck strike in Canada? The government would literally just freeze your bank account and force you to go back to work. Lmao
@@DarrkManedid you not learn how to properly comprehend a simple thought? He didn’t even come close to implying a strike. He merely said to stop accepting loads under $2.00.
I work for Big M Transportation and my miles per week has went down at times fluctuating but still not bad thanks to our direct freight so I am better off than a lot of others praise God
I wouldn't say that layovers are an issue for me, here in Canada. But I have been sitting at home for the last 4 days because the company that I work for doesn't seem to have work. There are always 15 or more trucks sitting in our yard, not making money. It's just brutal.
I just became a owner operator in the Grain industry, local hauling and good pay. Bought a cheap truck and it works just as good as a new one. But the DEF is deleted so that takes problems away.
@@ibrahimsalih5783 I live in southern Manitoba so I cross into North Dakota to get corn and come back into Canada and sometimes I go full back with a different crop but most of the time empty back but most runs are 2 hour for home.
I knew all this is gona happen last year in september. Thats wy i sold my 7 new trucks and 7 new trailers on time and made money. Now just chilling and waiting for the trucking market to crash down so we can start all over the way it should be
My transport Insurance experience. My insurance in Ireland was €18,000.00 and in France for the same operation it was €3,500.00 and it was the same Insurance Company providing the Insurance in both jurisdictions.
Define cheep? That is the problem! You're cheap is not my cheap. I could pull loads for $1.20 a mile and still make 90k a year. That is a comfortable living and I'm OK with it. Matter of fact I could technically only make 40k a year and would be just fine. Zero debt and I own everything equipment, home, car's.
@Evanc33 and you talk like all the loads ain't cheap smh you either have a contract or a broker you work with on a regular, because your speaking as if your not a spot market carrier...and thanks for the luck 😉
You know whats crazy is i knew yellow was in trouble like last april when i was working as a mechanic they would never want more then the bare minimum to keep the truck working blown shocks, leaking hubs, worn brakes and bald tires PMs never done all ignored they just wanted you to clear the check engine light and get it back on the road. You could tell that they either didnt give af or they were really hurting. I knew when i got my cdl i would never work for that company.
Deregulation and lack of standards. Plus brokers gouging insane amounts off the load values. By the time the pay reaches the driver it’s Pennies on the dollar
The worst new minimum wage job! Yes, it's trucking! Jb hunt pays their drivers a flat rate of 18 dollars depending on the hours! 😂 Trucking is no longer something i would like to do with all the risks!
I’m with a company called EMCO transportation LLC based from Waterloo Iowa. My dispatcher sometimes has difficulty finding good loads untop of that I’ve been more than 2 hours in some places. One place I’ve waited 17 hours
October was 25% less miles driven and 24% lower income due to freight availability. All companies that depend on load boards are complaining for the past two months. All drivers are complaining about lower income. Only drivers with large companies that have drop hook accounts are not affected by the freight rates/shortages.
As a cdl driver myself if more companies just paid a higher hourly rate they would be able to drive cost lower. Thank about drivers push to get those miles even if it's unsafe. Now thank if you pay a driver a high hourly rate the compnay will make money regardless and the driver will take more time but yes safer. Hints wrecks insurance rates etc cost will drop. Nobody has really sat down and thought about that or have thought about it seriously. That's why myself I've went to local delivery because your making 30 plus an hr plus home everyday. Alot of companies are starting to go that route and I believe over time cross country driving will come to an end. It'll either be regional or local.
What's going to happen is: companies that have significant amounts of contracted freight as drop and hook contracts that expire in 3-5yrs those companies will exist. Ones that run off the load board will struggle. It's going to be happening untill it returns to normal where there's going to be more loads then trucks, that's when rates will start going up. Right now Brokers have several trucks per load so they can play around with rates and knock down prices to very low. Nothing else is going to happen.
Dis bullshit never happens where I work. Our loads are from large provides in US. I’ve never ever slept not even once on the road and waited for a load thankfully. Drop and pick up at one customer daily, always moving and money coming in like a waterfall 💙💯 masallah
Yeah? But some one who is OTR brought it from point A to point B so so can get out of your own bed; go to work and hop in your assigned day cab; PU the Tlr that has been pre loaded for you. You will perform the same tasks as the otherwise OTR driver does from there on out, except you will go back home and sleep in your bed, while the OTR is PU The load that will be delivered to your local DC. So that you can get out of your bed and get out there and get ready to do the same things that the OTR does, repeat, repeat, repeat,…🤪
The more cargo you take for 1 dollar, the more cargo you get for 1 dollar on the market . We need to bring back the situation when the Company pays the Broker his fee and not vice versa.
Contract freight is averaging 80 cpm more plus fuel surcharge 42 cent a gallon this week. Trust me it doesn't matter if you take it or don't. The big boys are still getting $2+ a mile all day. Not to mention the insurance is half price
😂😂😂went in like a boss. One of the best to do it. 10 months total and grossed 360k. After all expenses took home over 230. Paid off my house and new truck and sold off. Drive local for 1600 a week and no debt.
There’s no driver shortage just a shortage of companies who will pay a driver what they’re worth . Especially in Canada where Et Transport is located. too many drivers coming from third world sh$t holes willing to work for nothing. I have 15 years experience and having a hard time finding a local gig paying more then $26 a hr
the main problem is rates and dead time at shippers/receivers. If you are at a stop for over 45 minutes then they are wasting your time. We need to start charging these companies for dead time after 1 hour. If they have to pay 250 bucks an hour after 1 hour they will get faster. Faster unload/load times means more miles and loads which means more money for the company and better pay for the drivers.
Problem is if your boss charges them, they'll just go to a company that doesn't charge detention that is just happy to get the load. This happens even during good times.
My GF works at a brokers compagnie, most trucking companie here near montreal give you 1h to load and 1h to unload after that the client gets invoiced extra fee's
Most of you don't understand how supply and demand works. It is unfortunate but its reality. Cut the trucking labor in half and maybe the rate will go up.
I got layed over the last two whole weekends. Week previous it was from wednesday to the next monday. Luckily i was close to home. I am a flatbedder and this is abnormal.
Actually if you are going to take a dollar a mile load you are not going to do much better than if you just went empty. You will have better fuel milage and won't waste time and time is money do the math sometimes it's better to run empty
Another issue is the driver facing cameras, you know the lens trick with iPhones camera it also works on driver facing cameras. Really annoying when the fleet does that.
I sent my 2014 Volvo 1 axle sleeper truck down the road last year a 1 axle with 650k for 27k, and it had a starting issue. I just picked up a 2016 with 710k miles for 18.5k in pretty good shape. Financing forget it. Some yesses, some no . On the yes ones 50-65% interest rate. Nope. I saved up on the w2 job and bought outright. Insurance up 50%, maybe as I'm restarting. It'll cost me to park it but, a year ago same miles trucks were 50-70k. I haul cars or was, will again but, save for another trailer. I'm not hauling for 2 or less a mile when I make over 25/hr w ot. 45-50 hours a week. I'm not giving up on owner operator but, it isn't looking too hot. Same work at half or less price while everyone is raking people over the coals on everything we buy. That's way wrong. Record profits but, shorting the transporter that they all blame it on!? My guess is many more will park em or get out so prices will bounce up n down.
I feel like everyone’s crying to make it seem like it’s worse than it actually is . I think ronen is trying to scare people out of this industry . It’s stil highly profitable. You’ll know when it’s bad . The moment you look for a load and all you see is 2 loads posted from yesterday paying .80 cents a mile. This is nothing compared to what I seen 15 years ago . Literally 0 freight on the load board .
I work for a mega carrier lease operator and yes layover is a big issue where if I'm not careful I'll be waiting 24 hrs on the shipper to unload bcuz it's based on appointments to get unloaded 😤🤬 🚛
I'm getting paid $1.20 to $2.20 per mile depending on mileage and we don't get paid to get trailer loaded or unloaded sometimes 2hrs 4hr or more downtime that's not being paid so it takes from my mileage pay
All truckers park nation wide one weekend,reverse deregulation,get freight rates up where they belong. I hauled freight in the 80's for what they get now.😢
Starting pay at **** one of the best starter refer companies, has been dropped from .60cpm down to .55cpm and even after rehire letters were given stating starting pay would be .60cpm…. Also their generous hometime policy which is what made me want to work for them…. Has been capped to 4 days of hometime. I still think that’s good hometime but you were previously able to bank up to 7 off. I’m keeping the Name of company off here because even with the negative changes I still want to work for em.
Every one come on YT and make videos and complain ….why don’t all these RU-vidrs come together and actually do something instead of constantly telling us the same thing over and over in every video ? We all know what the issue is , but ask what has been done in the last 10 years to help us o/o
Your loads are at those prices, because you're using load boards. I'm with Prime, and our loads are paying more because the contracts are old. We make more when the market is bad and less when the market is good.
@@gtathletics912Soon so many companies mostly small to medium carriers and O/O will be out of business and rates will climb again….. Trucking is to cut throat of a business to be O/O hence I’ll stay with swifty swift👍
@gtathletics912 then they have to find a new carrier. Most will resign at the same or higher rates as they always do. Business is about relationships. We didn't gouge them when the markets were high, and most will not abandon us when rates are low.
At USA you don't have a problem with job. In Baltic states in Europe when start war Russia and Ukraine , transport companys lost 75% of cargo , we work many years by transit countries. Now we have 1.5Eur per litr diesel and 0,9-1.1Eur rate per kilometer... New Volvo Fh 120000Eur , new trailer 30000Eur ; Bank leasing rates 7-8.5%... And we are going 12000-13000km per month , more legal not possible. After your video, I tell your in USA all Ok ;
4 to over 5 dollars a gallon is a deal breaker and shop labor rate is a deal breaker and the attitude of the drivers are different same job , I'm done after 35 years on the road I just rebuilt my engine 60k on a 2005 379 peterbilt I'm working harder for less I will say if driver would not go in these areas where low freight rates This would change the rates and brokers taking too much to maintain their income ,
Normally I am on spot rates - stepdeck. Got my CDL in 1984. Expected this crash because life was too crazy good to be true. Ha! Paid for everything when times were good. I just don't move the truck unless it going to pay me. Only Put on15000 miles in past 7 months. Enough to pay insurance, food and fees. Going to start finding my own customers and kiss brokers good bye. Preparing a sales document I can physically put in their hands and say hello. Applied for oversize permits. Flex within my capability.
Hi there, really good thoughts from you, thank you for that. For my experience when marked fall down at march 2023, im pretty much stuck at 1.95-2.10$ on average rmp on dryvans53 IN 2023 layovers didn't happen to me often, I would say like 2-3 times we got stuck somewhere but basically got the reloaded all the time. I'm just doing good booking those loads, but the average rate per mile for me looks like 1.50-1.60$ for dry vans, most of the loads are cheap as hell and whatever you saying, how professional you are - nothing going to help you to get a better rate in most of the cases. Business is dead -_- The wars around the planet played their role too, because it happen during our regular freight recession so the affect its like doubled. China stoped shipping more of the products looks like, and most of the ports in the USA look empty.
