Tag: rates: Page 16

Overdrive Extra

What is your time worth?

“How many of us, if asked, could accurately quote what our time is worth, per hour, based on actual and complete data? No emotion, no pie in the sky guessing, just the cold hard facts.” Gary Buchs on numbers analysis toward establishing per-hour rates for healthy profit.

April 3, 2018

Business

April Fool’s Day ELD-OOS nightmare may not be tough as some have guessed

In the weekly spot market update, a little intel from a recent DAT survey suggests FMCSA’s 96 percent ELD compliance rate is probably close to correct. Meantime, spot rates hold firm, and may be on the rise this week with volume trends in dry van, flat segments.

March 28, 2018

Business

Spot market: Freight volumes, rates mostly held steady in the last week

While the spot market may seem to be on a plateau, it’s on much higher ground compared to a year ago. Last week’s national average load-to-truck ratio was 14.1, nearly double what it was at this time last year. Dry van, reefer markets spotlighted here.

March 21, 2018

Overdrive Radio

Podcast special edition: Lay of the land for owner-ops, by the numbers again with ATBS’ Todd Amen

This special edition of the Overdrive Radio podcast features audio from ATBS President Todd Amen’s March 20 conference call for owner-operators outlining annual mileage, revenue and income averages from 2017, among other metrics, for segments among its clients — with a look ahead through this year.

March 20, 2018

Business

Flatbed demand surges toward Spring; van, reefer mostly neutral

The number of loads on DAT load boards was up 5 percent and truck posts were up 3 percent last week, an indication that the economy continues to hum along. Unless you’re a flatbed hauler, in which case there’s a little more going on than just humming.

March 14, 2018

Business

Highway robbery: More warning signs in negotiations with brokers

In addition to the “red flags” that ought to give any owner-operator pause during broker negotiations, one would do well to consider the following warning signs invitations to get more information from any broker.

March 8, 2018

Business

Van, reefer demand update: Rates reverse course, heading up in the last week

Van volumes have been rising for two weeks, and rates followed last week. Meanwhile, reefer has mimicked van trends, though swings have been sharper. At once, spot rates have on average been above contract rates for reefers since September, perhaps portending more positive moves to come there.

March 8, 2018

Overdrive Radio

Managing ridiculous expectations handed down from brokers

A talk with small fleet owner Leander Richmond for this Overdrive Radio podcast reveals some brokers have gone so far as to make it a contract stipulation that the carrier will be required to send proof of delivery within an hour of offload – or lose all claim to payment for that load. Sound outrageous? We thought so, too, but there’s more. Take a listen.

March 7, 2018

Business

Spring freight season signs: Where’s it getting hot and where it’s not

DAT analyst Mark Montague notes that “we see flatbed accelerating ahead of schedule. Generally, we have had a La Nina winter that has resulted in more precipitation in the northern tier of states and allowed states in the Southeast region to get a jump on spring.”

March 2, 2018

Business

Rates ease slightly in February from record-high averages in January

Rates remain strong despite the dips for van and reefer, with all three segments posting big year-over-year gains.

March 1, 2018

Channel 19

With the rise in fuel over the last half-year, have rates really risen by much?

Separating out fuel surcharges from average rates over the July 2017 (when fuel prices hit a 2017 trough) to January 2018 period, spot market dry van and reefer rates are still up well more than 10 percent each, flatbed less so.

February 27, 2018

Business

Spot market: Latest demand, rates, volume pictures in all three major segments

It’s looking more and more like we could get an early spring on the spot market. While the national average van rate declined for the sixth week in a row, it’s still higher than at any point in 2017 at $2.17 per mile – and it’s February. More on reefer, flatbed picture too.

February 22, 2018