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What Do You Think About This?????

Apr 04, 2023 at 03:56 PM CST
+ 12
Replied on Wed, Apr 05, 2023 at 08:26 AM CST

Don't really have time for 51 minutes...you got the short version?

Replied on Wed, Apr 05, 2023 at 09:58 AM CST
- 1
They sound like the official mouth piece for the top 1%, constantly advocating for the destruction of the working class, making the case that you being profitable and having a decent standard of living is bad for the economy, they flap their jaws about the free market having winners and losers at a time when the banks are all having to get bailed out again, they sound like true fascists.
Replied on Wed, Apr 05, 2023 at 12:36 PM CST
Quote: "They sound like the official mouth piece for the top 1%, constantly advocating for the destruction of the working class, making the case that you being profitable and having a decent standard of living is bad for the economy, they flap their jaws about the free market having winners and losers at a time when the banks are all having to get bailed out again, they sound like true fascists."

From the 3 minutes I watched...seeing some guys working from home, one in a DAT polo. My guess is they don't know how the real world works, but would be happy to explain to the peons how it 'should be'.

Replied on Wed, Apr 05, 2023 at 03:38 PM CST

So I watched 40 minutes of this.....can you explain to me how anything they are talking about relates to bulk freight?!?!?!?!?? They are clearly talking about van/reefer freight!

thanks for wasting 40 mins of my life

Replied on Thu, Apr 06, 2023 at 06:16 AM CST
+ 1 - 1

This was pretty informative. For those that think the trend of overcapacity isn't a bulk freight problem has their head in the sand. Those carriers that regularly hauled non essential goods are being displaced because the consumer isn't buying as much "fluff" stuff anymore. For example, when the RV industry started slowing/shutting down last year some of those carriers that normally hauled parts to make RV'S or hauled the RV's themselves then hooked on to hoppers, belts, dumps or walking floor trailers.....

Basically, we are at a time where those who are heavily leveraged will go under & those who can weather the storm will come out into a better freight market. Personally, I've parked my truck the last couple weeks looking for better paying work. I am appalled at some of the rates being offered at the moment.

Replied on Thu, Apr 06, 2023 at 02:21 PM CST
- 1
Once they get done discussing the evils of government regulators and Soviet bread Czars and the ticker hits 30:00 at the bottom of the screen, they make a prediction that capacity will work itself out by mid summer, what they fail to mention is the fact that equipment never leaves the market, it simply finds new owners with a fresh line of credit who will continue to subsidize the shippers until they go broke, then the process will repeat itself all over again, tracking MC numbers is pointless because your not factoring in the ITO’s who operate on some else’s authority, what you need to look at is how many license plates were sold to really know how many trucks are in the market.
Replied on Thu, Apr 06, 2023 at 03:25 PM CST
- 1
Quote: "So I watched 40 minutes of this.....can you explain to me how anything they are talking about relates to bulk freight?!?!?!?!?? They are clearly talking about van/reefer freight! thanks for wasting 40 mins of my life"

If you couldn't find anything of value in that podcast, you really weren't trying. For instance, I found it laughable that they put the blame of our current level of inflation square on the back of high freight rates. Additionally, it has been reported that there is 25% too much capacity in the industry, if listening you would have heard that in February or March, not sure which month, 3,000 DOT numbers went inactive. While that number doesn't reflect how many of them gave up their authority and leased on with someone, it suggests a lot of movement in the industy. Even if 40% of them left the market, it won't take long at that rate to equalize capacity. While those numbers may well have been general freight, one would be niave not to believe that some of those numbers were from the bulk segment. Less capacity is good for rates. Finally, It was refreshing to hear two brokers openly admit that while they and shippers would like to have control over rates, like it or not the carriers are in charge. The market is moved when carriers quit hauling for the offered rate. Hopefully people will wake up to this and take heed if you are not satisfied with the current rates. Maybe that's some news you can use. If not, sorry you were too busy or don't care. Maybe the lack of interest in the inner workings of the industry is part of the problem.

Replied on Fri, Apr 07, 2023 at 07:28 PM CST
- 1
Quote: "If you couldn't find anything of value in that podcast, you really weren't trying. For instance, I found it laughable that they put the blame of our current level of inflation square on the back of high freight rates. Additionally, it has been reported that there is 25% too much capacity in the industry, if listening you would have heard that in February or March, not sure which month, 3,000 DOT numbers went inactive. While that number doesn't reflect how many of them gave up their authority and leased on with someone, it suggests a lot of movement in the industy. Even if 40% of them left the market, it won't take long at that rate to equalize capacity. While those numbers may well have been general freight, one would be niave not to believe that some of those numbers were from the bulk segment. Less capacity is good for rates. Finally, It was refreshing to hear two brokers openly admit that while they and shippers would like to have control over rates, like it or not the carriers are in charge. The market is moved when carriers quit hauling for the offered rate. Hopefully people will wake up to this and take heed if you are not satisfied with the current rates. Maybe that's some news you can use. If not, sorry you were too busy or don't care. Maybe the lack of interest in the inner workings of the industry is part of the problem."

Yeah I thought it was laughable too when they blamed the inflation problem on truckers, no matter how much they tried to hide it their bias against truckers showed itself, their predictions seem to be based on the idea that the economy is returning to normal (It’s not) and trucks leave the market instantly when carriers shut the doors, but we all know that your truck doesn’t go to the junkyard when you go out of business, instead it goes to the auction house where someone else buys it and puts it back into the market, as for the economy we are currently watching banks fail on a global scale as manufacturing orders fell off a cliff, so these guys seem to be living in fantasy land, it’s going to be years before anything turns around, new truck sales need to fall flat for a few years as the old ones age out and go to the boneyards.
Replied on Sat, Apr 08, 2023 at 12:02 PM CST
- 1
Quote: "If you couldn't find anything of value in that podcast, you really weren't trying. For instance, I found it laughable that they put the blame of our current level of inflation square on the back of high freight rates. Additionally, it has been reported that there is 25% too much capacity in the industry, if listening you would have heard that in February or March, not sure which month, 3,000 DOT numbers went inactive. While that number doesn't reflect how many of them gave up their authority and leased on with someone, it suggests a lot of movement in the industy. Even if 40% of them left the market, it won't take long at that rate to equalize capacity. While those numbers may well have been general freight, one would be niave not to believe that some of those numbers were from the bulk segment. Less capacity is good for rates. Finally, It was refreshing to hear two brokers openly admit that while they and shippers would like to have control over rates, like it or not the carriers are in charge. The market is moved when carriers quit hauling for the offered rate. Hopefully people will wake up to this and take heed if you are not satisfied with the current rates. Maybe that's some news you can use. If not, sorry you were too busy or don't care. Maybe the lack of interest in the inner workings of the industry is part of the problem."

I think the shippers hear about overcapacity in the trucking industry and smell blood in the water. As of late I've seen both rates and shipper willingness to pay detention time get slashed. I believe the shippers are seeing just how low they can push rates before they can't find trucks.

Replied on Mon, Apr 10, 2023 at 03:42 PM CST

no over capacity here at all, if anything it's the opposite bulk wise.

Replied on Tue, Apr 11, 2023 at 08:27 AM CST
- 1
Quote: "I think the shippers hear about overcapacity in the trucking industry and smell blood in the water. As of late I've seen both rates and shipper willingness to pay detention time get slashed. I believe the shippers are seeing just how low they can push rates before they can't find trucks. "

You may be on to something, after all it took a act of Congress just so truckers could use the shippers restroom, if they don’t think your worthy of using their toilet why would they offer fair pay?
Replied on Wed, Apr 12, 2023 at 09:55 PM CST
- 1
Quote: "no over capacity here at all, if anything it's the opposite bulk wise."

Nancy, you always say you have a hard time finding equipment. Try upping the rate and see what happens. If you can't up the rate, maybe it's just not good business. All business isn't good business.

Replied on Wed, Apr 12, 2023 at 09:55 PM CST
- 1

I've noticed a new pattern on most of the threads in the forum. Someone found the dislike button and is trying to wear it out. Who ever you are, take a position and make your point. Hitting the red button on every comment is too easy.

Replied on Thu, Apr 13, 2023 at 10:31 AM CST
Quote: "I've noticed a new pattern on most of the threads in the forum. Someone found the dislike button and is trying to wear it out. Who ever you are, take a position and make your point. Hitting the red button on every comment is too easy. "

Debate ideas? Are you crazy? Then we would have to take a chance on what we are saying being untrue. The emergence of online forums, social media, etc have created a bunch of keyboard warriors that would rather give you a thumbs down; then debate their weak ideas. The libertarian in me says it is their right to thumbs down and scroll away, but the man in me wishes people would give a chance on their ideas. Even if you are wrong ((it is okay to be wrong)), then you can gain common ground; and both parties can learn from one another. When we can no longer debate differing ideas is when things tend to go south, and when whole nations crumble.

Replied on Thu, Apr 13, 2023 at 08:31 PM CST
- 1
Quote: "Debate ideas? Are you crazy? Then we would have to take a chance on what we are saying being untrue. The emergence of online forums, social media, etc have created a bunch of keyboard warriors that would rather give you a thumbs down; then debate their weak ideas. The libertarian in me says it is their right to thumbs down and scroll away, but the man in me wishes people would give a chance on their ideas. Even if you are wrong ((it is okay to be wrong)), then you can gain common ground; and both parties can learn from one another. When we can no longer debate differing ideas is when things tend to go south, and when whole nations crumble."

Well said, I completely agree. I bet I get the big red disagree for agreeing with you😂