Tag: rates: Page 18

Channel 19

Don’t leave money on the table

We are in a freight market owner-operator Gary Buchs believes to be “totally unpredictable” at this point, he says. “Weather, plus demand” generally, “is driving” such unpredictability, much of it on the plus side for rate pressure for owner-operators, “through the roof.”

January 4, 2018

Business

Van rates, flatbed demand close 2017 strong on spot market

“Something of a perfect storm” closed out the last full week of 2017 for van rates. Winter weather, extended vacations over the holidays, end-of-year freight urgency all boosted van rates/demand. Flatbed demand indicators — load-to-truck ratio, primarily — were strong, but rates hadn’t moved.

January 3, 2018

Channel 19

Business outlook trending pessimistic in the new year for owner-operators

And … a few late Christmas wishes from a variety of owner-operators on Overdrive’s Facebook page, with their rigs dressed up for the holiday last week. . .

December 31, 2017

Overdrive Extra

The Year of the ELD: Top trucking trends from 2017 as ELD mandate descended

Coverage of the mandate and its myriad of twists and turns throughout dominated the news cycle in 2017. It also dominated Overdrive’s usual in-depth coverage of the industry. However, a few other key trends emerged too, including regulatory repeals by the Trump Administration, booming rates and the rise of the electric truck. More here…

December 31, 2017

Business

Spot market extremely tight, favoring truckers, ahead of Christmas week

A lot of truckers took time off last week ahead of Christmas, which meant there were already fewer trucks on the road. It was also the first week under the electronic logging device mandate, and the combination of the upcoming holiday and new regulations pushed the national load-to-truck ratio for vans up higher than it’s ever been – 10.1 loads per truck.

December 29, 2017

Business

Spot market update: Closer-to-normal trends on offer in the last week, though the ELD mandate could change that

Dry van volumes were pretty similar last week to the week before. Rates started to settle down a little after peaks post-Thanksgiving, and the surge in volumes that sent prices skyward on the West Coast is mostly in the rearview – all normal stuff for this time of year. Then the ELD mandate happened. …

December 20, 2017

Overdrive Radio

Brave new trucking world: Talking ELD angst, adjustment with Gary Buchs; plus Wes Memphis’ latest

Owner-operator Gary Buchs: Trucking “didn’t die” on December 18. “It just changed, and with every change there’s opportunity.” This Overdrive Radio edition runs through what the Landstar-leased owner-operator feels could be effective owner-operator strategy in the weeks and months ahead.

December 19, 2017

Business

Thin the herd without churning the masses

“Driver shortage” explored, again: “There are finally a few brilliant folks out in “mainstream news” land who have begun peeling away skin on the “obvious onion” in trucking and started mentioning the fact that being paid has a lot to do with wanting to stick with a job.”

December 18, 2017

Business

Reefer temps cool a degree during between-holidays ‘lull’ on spot market, but demand, rates continue strong

Van rates are at their highest national average in three years, and though many of the crazy-high averages for reefer lanes have fallen back down to earth in the last week, reefer rates are still a good bit higher than usual for this time of year.

December 14, 2017

Business

Head-first into the ‘exodus’ he goes …

“Bill Weaver has decided, on pretty much the eve of the ELD mandate going into effect, to make the transition from company driver to owner-operator for the first time in his more than 20-year trucking career.”

December 13, 2017

Business

When ‘being in the red is a good thing’: Van spot market hot states — all but Mass., Fla.

The national van average rate is back up to $2.09/mile post-Thanksgiving, and the load to truck ratio is a record 9:3. All states but the two named are shaded deep red, indicating high demand for trucking services …

December 7, 2017

Business

Reefer, van rates continue to march skyward, flatbed stays strong

Economic conditions continued to drive spot market rates higher in November, with per-mile rates for van and reefer climbing to multi-year highs, according to data from Truckstop.com. Flatbed rates dipped for the first time since July, according to Truckstop.com, following months of strong gains.

December 1, 2017