The fuel surcharge also goes down. Are you comparing the fuel costs of drivers using mudflap or large fleets that have "cost plus" agreements with fuel suppliers.
The topical insurance policy for the company is increasing by about 8 to 20% plus loads on the load board 0.89 . The industry is not going on the right path
Still nickels and dimes and a race to the bottom. You can also hire light skinny truck drivers and only fill the tanks half full to save fuel. This is good if you have a contract, but prices can go the other way and then you losing money with a contract
I really don't see this as great news. Fuel prices are dropping because of the drop in crude oil pricing. When crude oil tumbles it signals the economy is weakening overall which means there will also be less freight to move in the near future. Less freight means lower freight rates and less revenue generated for the trucking industry. Any loss in revenue will not be made up in the savings at the fuel pumps.
Upstate NY i thought it was improving seeing 3.89-3.99. One word "Mudflap". I'm thinking we're still getting jacked up here. Downstate or PA I'm guessing worse. My truck is parked, running w2 for now with rates under $2 why wear out a used truck.
True, but its irrelevant to a lot of your viewers (IMO). You not really saving anything! The moment Brokers see fuel drop by anything more than $.20/gal., they drop freight rate by $.40/mi. Do that math...
Hello mate my name is Donald from Ohio 🇺🇸 I want to thank the Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus has lifted my Life am no longer a truck driver!!!🙏❤❤❤
I Met Mrs Cathie Wood last year for the first time at a mentorship program, where she greeted a friend of mine also a member, and fortunately for me, we exchanged contact and got along. What God cannot do, doesn't exist" I truly believe this word 100 percent❤❤❤
Don't worry when things start to get better there will be a driver shortage and 150,000 more new drivers will come to the United States and work for less.. rinse. lather. repeat..
@@pedgar789 Yes ...but NO ....complete normal and for Volvo and for a Driver that is using his Mind....I'm creeping up to 10 MPG ...but have to admid the loads are often not really heavy plus not doing mountains
Thanks for the updates. I completed the dispatcher's course 2 weeks ago and requested the pdf several times but can't get a response back despite sending repeated emails. Please help me regarding the same.
Since you just completed the course! I your own words, no BS did you obtain the knowledge needed to get hired as a dispatcher? Why; I’ve been thinking about taking this course and now actually have the time to do it!
And this month, gold is starting to sniff out that inflation will start ramping back up again soon. So rates will get slashed by even more than what the full savings are & parts costs will be soaring again
@@NorthAmerican-Trucking-News we all know what brokers will do here. Nothing against your outfit personally what I'm saying here btw, but also factor in the economy is in a serious slowdown also As for parts costs, commodities have already started going higher again so it'll be a matter of time before we see it in parts costs IMO
This video is so misleading. Yes the new truck will get better mileage. Yeah the cost of fuel went down. What about the rest of the costs? The truck payment of new vs used. What is the interest rate on that new truck loan? The cost of insurance new vs used. The ability to repair your own truck vs repairs on a new truck. Come on out of your ivory tower and use some real numbers.
We do many videos assessing the costs of these newer units used. This includes insurance projections. We also do videos on the costs for repairs for these units. We also do videos on truck payments. All the numbers you are requesting can be found in previous videos discussing those topics
@@waltersettler7404 I don't know that. I meant it as humour. My father used to drive transports and at times I went along with him. He, thankfully quit because it was getting ridiculous. Screams of apocalyptic driver shortage and the net pay goes down and down and you look at who's driving now and you understand.
@@waltersettler7404 I don't know but are they the only company around. I live in a dinky Northern town and see plenty of truck traffic and it is safe to say the drivers ain't cashing in
Cost per mile goes down 2% ...brokers lower rate 12% . Oh yeahh great news !
TQL texting out this video saying see this is why you can haul our $1 a mile loads.
Fuel is down but the spot market is running $1.35 - $1.80 a mile if there's a load posted, so its still doesn't matter.
100% fact
Yep. And the fools will take loads even cheaper.
Til the mortgage is due and net is 0 or negative, and truck looking at repo. Whole Lotta bad directions ahead. Where i was in 22, saved my house.
Election year, always goes down till after the election. 47 years out here and every 4 years I've seen it
Lol.
@@dontucker5883 stop lying
@@miguelmorales2367 Really?
RIP... Dave ... Smart trucking vlogger...
True in most industries. November will be the deciding point if things will continue to decline or improve rapidly.. God help us all.
As the fuel comes down an also does the rates so in the end u never really notice the difference.
But the brokers decrease the rate of mileage
Basically exactly what I was going to say lol.
Trucking has become a low paying job with very long hours.
Indeed it has
The fuel surcharge also goes down. Are you comparing the fuel costs of drivers using mudflap or large fleets that have "cost plus" agreements with fuel suppliers.
Freight rates will also drop so really won’t help
That's true man. This guy is just blowing smoke up people's butt
The topical insurance policy for the company is increasing by about 8 to 20% plus loads on the load board 0.89 . The industry is not going on the right path
Still nickels and dimes and a race to the bottom. You can also hire light skinny truck drivers and only fill the tanks half full to save fuel. This is good if you have a contract, but prices can go the other way and then you losing money with a contract
It's nice to save 16 cents a mile on fuel but dry van rates dropped 20 cents to $1.80 per mile so 1 step forward 2 steps back
Don't carry at a ripoff price.
I really don't see this as great news. Fuel prices are dropping because of the drop in crude oil pricing. When crude oil tumbles it signals the economy is weakening overall which means there will also be less freight to move in the near future. Less freight means lower freight rates and less revenue generated for the trucking industry. Any loss in revenue will not be made up in the savings at the fuel pumps.
Comparatively, it's better than the news we've had to report on thus far
Here in Dallas tx área we already have it at 2.76
Upstate NY i thought it was improving seeing 3.89-3.99. One word "Mudflap". I'm thinking we're still getting jacked up here. Downstate or PA I'm guessing worse. My truck is parked, running w2 for now with rates under $2 why wear out a used truck.
Cool, the carriers will be able to cut down the prices more.
True, but its irrelevant to a lot of your viewers (IMO). You not really saving anything! The moment Brokers see fuel drop by anything more than $.20/gal., they drop freight rate by $.40/mi. Do that math...
This is only cost of fuel per mile.
Try factoring overall cost.
If you save .16cpm, somebody will have their hand out to take it...
Yeah all of these regulations
fuel cost per mile is down - so brokers will just steal more money off the load and drivers will take the cheap freight LOL
Old school Petes and KW are superior trucks especially the pre emissions ones. You may save on fuel but you 100% lose on maintenance.
Fuel drops 2%, rates drop 12% and parts increase 10%. Not sure why you think this is good news
I just paid $4.60 per gallon in California
FANTASTIC , I can't wait to see it again going up and over $ 5 a gallon
Just a small message for the saddest news about Dave McMillan from smart trucking! Take care hope you will do a small message for him!
what happened to him?
He pass away the 15 August 2024
It’s not going to get any better bro shippers got us by the balls
Truck mpg should not affect rate per mile.
🤦🏾♂️ obviously you don't know your cpm
True
🤦🏽🤦🏽🤦🏽🤦🏽
I hope you are right Ronan
This is good news! 👍
Hello mate my name is Donald from Ohio 🇺🇸 I want to thank the Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus has lifted my Life am no longer a truck driver!!!🙏❤❤❤
Congratulations👏
*Every family has a person who breaks the chain of poverty in their house I pray you become that one and be successful in life*
Well, the investment-advisor that guides me is..
Cathie Wood
I Met Mrs Cathie Wood last year for the first time at a mentorship program, where she greeted a friend of mine also a member, and fortunately for me, we exchanged contact and got along. What God cannot do, doesn't exist" I truly believe this word 100 percent❤❤❤
Does this include DEF expense?
Where is ET located?
Canada and the US
Don't worry when things start to get better there will be a driver shortage and 150,000 more new drivers will come to the United States and work for less.. rinse. lather. repeat..
What do you use to see your fuel analytics?
Driving a volvo 760, I cruse at 65 9 miles per gallon.
Impressive!
Dam even when your heavy ?
Hauling a load of air?
With the TC Volvo and 2.47 gears I'm regularly getting low 10s MPG hauling gross wt on east coast 58-62mph
@@pedgar789 Yes ...but NO ....complete normal and for Volvo and for a Driver that is using his Mind....I'm creeping up to 10 MPG ...but have to admid the loads are often not really heavy plus not doing mountains
Thanks for the updates.
I completed the dispatcher's course 2 weeks ago and requested the pdf several times but can't get a response back despite sending repeated emails. Please help me regarding the same.
Since you just completed the course!
I your own words, no BS did you obtain the knowledge needed to get hired as a dispatcher?
Why; I’ve been thinking about taking this course and now actually have the time to do it!
are you sending to the correct email. please double check, sponsorship@ettransport.ca
What TMS are you using? That looks amazing
And this month, gold is starting to sniff out that inflation will start ramping back up again soon.
So rates will get slashed by even more than what the full savings are & parts costs will be soaring again
Is that so?
@@NorthAmerican-Trucking-News we all know what brokers will do here. Nothing against your outfit personally what I'm saying here btw, but also factor in the economy is in a serious slowdown also
As for parts costs, commodities have already started going higher again so it'll be a matter of time before we see it in parts costs IMO
This video is so misleading. Yes the new truck will get better mileage. Yeah the cost of fuel went down. What about the rest of the costs? The truck payment of new vs used. What is the interest rate on that new truck loan? The cost of insurance new vs used. The ability to repair your own truck vs repairs on a new truck. Come on out of your ivory tower and use some real numbers.
We do many videos assessing the costs of these newer units used. This includes insurance projections. We also do videos on the costs for repairs for these units. We also do videos on truck payments. All the numbers you are requesting can be found in previous videos discussing those topics
California is still around $5
What is going on with California... seriously
Of course it's cheaper when you pay peanuts
I agree I bet his drivers ain't making no money. With all the time away from their family
@@waltersettler7404 I don't know that. I meant it as humour. My father used to drive transports and at times I went along with him. He, thankfully quit because it was getting ridiculous. Screams of apocalyptic driver shortage and the net pay goes down and down and you look at who's driving now and you understand.
@@sandystanley1237 well why say it if it's not how you feel that's not humor?
@@waltersettler7404 I don't know but are they the only company around. I live in a dinky Northern town and see plenty of truck traffic and it is safe to say the drivers ain't cashing in
For that mileage Ronans truck must be running mostly empty 😋
Gas is a variable cost. Factor in waiting time, insurance,lease, maintenance and repairs, volume decreases, over capacity. You're tanking Oct 1.
Are you referring to the port strike?
Ronan who cares about crapscadias, tell me where i can get a gallon of diesel for $ 3.35.00
❤
Thanks to Biden Administration for that great job!
Short term memory issues, yep that's what they want
Only in a fairytale, stop using 💊
Cheap diesel. Nice job Biden. FDJT. 😘
Dumb sheep they told you that a President has no effect on the fuel prices, except when it's politically advantageous 🤣🙄🙄🤭🤭
Back to $5/gallon after Kumela gets selected 🎉🎉
Ronan who cares about crapscadias, tell me where i can get a gallon of diesel for $ 3.35.00