At my yard there's about 500 trucks I would say 400 of them have tags expiring sep-dec this year. I'm willing to bet a good amount will not be paying that $2000 reg fee again.
In California I pay 3300 in just portion plate plus 500 road tax plus 2500 down payment of insurance ever year pulse I pay quarterly fuel tax. And these stupid brokers wonder why we get pissed when they offer 1.30 a mile.
@@josegonzalez4144hey man I completely understand your frustration but most truck drivers just don't know. Brokers are not in control of the market and making all this money like you think Shippers/customers know EXACTLY what's going on as everyone is contacting them for freight so they're not dumb. They recognize competition amongst everyone fighting for their loads so brokers aren't making sh*t right now because they have to be super competitive. They do not control the market, trucks do. I know it's easy to blame it on the big bad broker but it's not them. Don't follow the crowd that loves to Blame everyone else and act the victim. Not sure why everyone is all worked up, trucking operates in cycles so we knew this was coming. Nobody was going to pay $7/mile forever. You can make money with brokers too but that's after you build a relationship and provide a service that they can't find anywhere else. Find a dedicated run and service it perfectly and I promise it'll turn into something good. Keep going this over time and slowly you're growing. And no I'm not a broker... at all I'm a carrier that started with 2 trucks and currently at 105. When I started in 2001 I worked ONLY with brokers for about 5-6yrs and not only made great money as I found a niche and ran it as perfectly as possible. I was running lanes with brokers that paid more than what most were getting from direct customers. It wasn't until I had about 30 trucks where I was able to approach a direct customer and offer them more than my competitors. As we grew from 30 to 105 trucks we still used brokers all the time when we needed them. You can't cover every truck with a direct customer, just not possible. You need brokers to fill in backhaul needs as most direct customers won't just give you a load here and there. Don't have that attitude towards brokers and then you'll start seeing results
Miranda does a lot of research, Thank you Miss M. For all your hard work and long hours, in informing us on the market, That's a lot of research,it must take hours to prepare for just one video, Great job, and Thank you!
TH-camrs in the trucking industry who primarily depend on TH-cam for their income may have a vested interest in promoting the idea that entering the industry is always a lucrative decision. Therefore, exercise some skepticism when watching their videos showcasing income potential.
I can see by your comment you are not in any trucking business whatsoever you have no idea what we are dealing out there… I think the comments you made is about you..!
Nice to see you well rested. You look great! Glad you enjoyed your weekend! Unfortunately I didn’t get a chance to reset. Still out Here pushing miles. Anyhow always Thankful For updating us on the latest Trucking News .. I’m Still Hanging On.Hope n Believe Things will get better soon 🙏..
Thank you for all that you do! But because of you, I jumped into the industry anyway at this time 😅...I believe youve given me the tools to succeed along with my grit and determination!
I will say there is one thing that influenced the statistics that Miranda isn’t taking into account… there are some “people” who stay in trucking only because they love trucking. I’ve always said, after being in Truckng since 1982, don’t get into trucking to make money there are too many things that will make you hate it unless you basically love driving truck.
100% agree, as a driver for a company. I have felt the difference. My hours went from 60 plus hours a week to averaging 47 hours a week. But also I agree now isnt a time to become an owner operator. So diesle prices are affected by the inflow of trucks increasing demand, ontop of the current administrations policies. This drives up the need for higher rates, but with over saturation in the market of drivers it causes brokers to be greedy, and that greed will cause those who are barely staying above water to take low cost rates, which then hurts those who are long time truck companies. The truth is this, unless the saturation of owner operators in the market the rates will not balance.
Thank you for the update. My opinion on starting your business differ a little from yours. I believe From July to September is actually the best time to get into the market and has always been. regardless of the market outlook. Peak season, freight availability make it possible to survive. Worst time to get in is from mid February to end of may when the market is cooling down. However You need to be aware of what the seasonal change does for your trucking business. Save for taxes, emergencies, breakdowns, etc. Beecause you will need some of that to sustain you throughout the slow season until the next market uptick. Have a big safety net and don’t over leverage yourself.
The way this goes down just like the number of trucking companies have increased so I have in the last so those brokers are all competing for customers. So they're all telling the customer so no I can get that covered for less money just so they have something to post on the DAT board and this is helping artificially keep freight prices cuz then recall him up instead what we don't have anymore in the load so somewhat artificial suppressed freight maket
OK, my question as an industry outsider is: if a carrier can reject a load AND shippers can have multiple contract carriers...what the heck is the contract for?
Cross referencing the MC numbers with their USDOT Safer company snapshot will give you the number of trucks entering compared to the number of MC numbers. That would help you with your equations. Have a great day!
That's true. The correlation is probably close enough just looking at MC #'s. keep up the good work. I watch all the time and I been in the industry since 2007. Still learning.@@TruckingMadeSuccessful
Miranda, as others have said, be sure to take care of yourself. You were going to take the day off, and instead posted a new video. Like many of us, we want to stay busy and productive, but that can come at a cost. So just keep in mind that what you publish is welcome and valuable, and people will happily wait for good work product, even it it is published less frequently. Even popular musicians know to pace their output over stretches of time, lest they lose creativity and motivation, and the public gets spoiled with receiving too much and taking the work for granted. So, when the energy and the motivation is there, go for it, but if you need the downtime, listen to your internal batteries and take a few days to recharge. My two cents coming from someone working in the office on Labor Day...
🤣 Very observant. I admit, I have a hard time completely stepping away- I start to feel useless after a few hours. But yes, learning to rest is a skill- one that I haven't fully mastered yet
Miranda thanks for all the hard work on this video, I am looking at the load board and I see several loads posted at $1,060 California to Bremen Ga 2,312 miles by the hub group Inc. all it takes is one broker to post this cheap and the rest follows
The waterfall is not quiet accurate like there is a pipe company that I know did they send out emails about loads to 10 different carriers which usually take all the loads within 10 within 15 minutes half those loads end up on DAT and then the end up giving some back because they never get it covered and these carriers include admiral Jones ATI Tennessee steel haulers TMC and melton and then the shipper gets pissed because they have no one picking up because he's carriage were unable to cover the load but yet they agreed to take different dads original offering promising they have it covered
As long as brokers still have the power of controlling and playing with nembers in this industry, I do not think rates gets much better hop the middle man will be wiped from this industry.
I love you!😅 Also where do you pull your hard data from? Like is that something I can look at on my own seeing the graphs and everything? Don't worry I'll keep watching you! 😁
Miranda you are wonderful. I was wondering if you would be able to help me with a few questions because I’m interested in starting my truck company in 2024
Yes, I would get into the trucking market now, especially now. Used truck's prices have fallen and you could get a good deal right now. Remember her information is for the Spot market and not the contracted market. The spot market is just 10% of the freight in the USA. Contracted freight is $0.75 per mile more than the Spot freight rate. Think about that. If 2000 miles come from contracted freight you will make an extra $1500 per week compared to getting all your freight from the spot market. If your operation is solely getting your freight from the Spot market every day then you will have a challenge but if you could get some dedicated freight from a shipper or a broker then you could make more money per load than just spot freight.
Ok a few things here. First and foremost, contract carriers are earning an average of 79 cents per mile more than spot carriers at the moment, HOWEVER- with the freight market starting to show positive indicators, shippers will likely start renegotiating rates with contract carriers and bring them MUCH lower starting in 2024. Shippers want to grab lower transportation rates as much as they can while they can. Be careful- what you said can cause people to get in mindlessly and successfully go bankrupt. The market is moving in the right direction, no denying it, but it's so unstable at the moment that every step has to be calculated 20 times before taking the next one. Carriers who have been in it for 10, 20, 30, 40 years are shutting down- not because they are tired, but because the conditions currently are primed for a purge. Again, be careful with what you recommend to people reading.
Laboring on Labor Day ?? You certainly deserve another day off. I think your caution is well deserved, that said, it’s also important to recognize that the trends generally seem to be positive. We may not be where we want to be yet, but certainly things seem to be going in that direction.
Freightwaves does a good job visually explaining why governments shouldn't hand out money and bail out businesses. Looks like the classic bullwhip effect.
I’m a little confused. I think I understood most of it. What I saw on your charts was lots of Carrier’s leaving the industry, meaning the rejection rate is going up. Meaning the control is slowly inching its way towards favoring the Carriers having more control, correct? So even though these are good signs of the market stabilizing it’s still too soon to get into the industry. I guess my question is at what point, or how many more carriers do we need to see leave and how much higher should the rejection rate increase before it’s a good idea to enter the industry? Thank you ma’am for all that you do.
There is no real number- the market is unstable right now and brokers still have the upper hand. Yes there are some good indicators FINALLY happening however they have yet to translate to the spot market. Getting in while capacity is being purged is not something I recommend personally.
@@TruckingMadeSuccessfulI'm going to differ. I say to the above guy (bignick) do dive in head first. Scared money don't make money. Come in and be a "boss" .... Like all the TH-camrs been showing you. There's millions to be made at $1.20/mile. . Just imagine all the places you will get to see in your big fancy truck 😜
I’ve been out of home for whole August to make a gross of 36.5k. What I know for sure is that I am ready to die to overcome this struggle but won’t give up. My 2016 buddy with 739k miles on it along with trailer, both eating up 2-3k monthly for repairs but I see it better then 48k at once which I certainly don’t have. And 1 day I’ll be rewarded with high paying market to work a year make tons of money and finally realize my manufacturing dream.
My dispatch is having trouble making me money. I told her my minimum is $3500 gross a week and still, she doesn’t meet this criteria. Any helpful advice is helpful. Any snarky, smart answers, keep it to yourself.
@@TruckingMadeSuccessful I’ve been running refrigerated. I’m also otr. I show her some maps from your videos and hope they translate. Truth is, I’m not picky, I go where she places me. I also stay out. Been out since July 4th. Things were good couple weeks after July 4th when I came out and since then, we’ve gotten as low as $550 for a weekly settlement. I’ve been communicating more so hope we can start meeting my minimum criteria.
Can you give me an example of your weekly run - pick up city state, del city state, commodity and rate? If you want you can email me at talkabouttrucking@gmail.com. $550 net is pretty low unless your expenses are super high of course
Find another company or run harder it's all on you, get your ass out the sleeper after 8 hrs deliver a day early before your appointment time and drive when the roads clear up need to know how to navigate in this industry can tell you just getting into the game. Welcome man
@@Goodfella1999 this comment can be categorized as a smart mouth comment. It’s unhelpful, it’s full of assumptions and it’s a bit aggressive for my liking. You take a look at Miranda’s reply, she’s asking questions. These questions are helpful and will allow her to reach a better conclusion.
Ma’am can you guide how I can register a mc or usdot number but the main issue is that I’m from Pakistan I’m going to America with in 5 days so I file a non resident llc after that how I got mc number as broker or carrier anyone without a driving license or property or truck and driver in USA and most important all on Pakistani passport kindly help we have a dispatcher Company now we are facing issues in Dat load board they asking for mc for registration of Dat load board I hope your got my all points and answer me and guide all about that, thanks
Do us all a favor and quit while you're ahead. You haven't even arrived and got a license and you want to open a brokerage and trucking company? Go ahead and apply to work at a brokerage or something before doing all that
@@hasanameeri4659 Exactly, learn the business then apply yourself to the business, He'll most likely will not follow it but glad you and another person said it, I can't even believe what I was reading. Unreal..
Regardless of rejection, rates are LOW!!! If a carrier rejects freight its because the Payout is not worth the their time to pull. The rate dosent go up , the broker just finds a carrier to pull cheap freight. No progress.
I know you must of read the news of Swift and Knight laying off employees...?Hold on...Im believing we need to just tighten the belt for this end of year..Starting March it will pick up and fuel will go down...👍
@@garyounrou3718 few reasons. My cousin works for swift and he makes 80k per year after 8 months of working there. He loves it. My bills are coming up and they were able to get me on the road just 2 weeks after I applied. I only want to do OTR for 6 months and then go local, swift is fine for that.
Let’s be honest, this is the worst trucking has ever been. Rates are the lowest compared to the fuel and maintenance costs that is has ever been in history. I bought my first truck in 1993. It’s really bad right now, we ate steak and lobster in 2021 and now we’re not even eating chicken, we’re eating the feathers.
I have no love for brokers. BUT why call them out all the time when the MAIN causer of this disaster is the Government, your “fellow” carriers that haul cheap freight and the below average IQ truckers that work for them!!! If you look around at truck stops you’ll be able to see many foreign drivers, with their own authority and 3 family members inside the cab rotating as drivers with only one them that has a CDL. Indians especially do this a lot. As long as these carriers and owner ops are still in business…. You can kiss living wages and rates GOODBYE.
Hello. If someone could afford it that just loves big trucks could they drives a truck as a hobby without all the fees if it was not for commercial gain ? Thanks for your time
Not to offend anyone but if you blame a women who shares news and faces who has less then 100k followers for the freight market you are out of your mind and are desperately looking to place blame 🤔 Take responsibility folk are you taking loads that pay less then your break even it is not always better to be loaded then empty it is not sustainable. Be safe out there drivers 🙏
The freight market is not going to recover until about ten years from now. Demographics in North America will not recover until the offspring from the millenials and zoomers become employed consumers.
Thanks, for the info.. FYI.. JUST had my insurance renewal.. no accidents. Ticked and clean loss runs and the insurance.still went up.. had a quote from other company and came on @ double.my.currwnt rate!! Wow
Yeah it's unbelievable- I was told that insurance companies have been burned so badly over the past few years that they are increasing premiums across the board. Its ridiculous. I was also told that the lowest rates are in Colorado- not sure if its true but thinking of moving my businesses over there if it is
![ปฏิเสธไม่ไหว (Crush on you) - LIPTA feat. No One Else [Official MV]](http://i.ytimg.com/vi/NBw1jF342vw/mqdefault.jpg)
At my yard there's about 500 trucks I would say 400 of them have tags expiring sep-dec this year. I'm willing to bet a good amount will not be paying that $2000 reg fee again.
It has increased in washington state from 1900 to 2200. Just in a year
In California I pay 3300 in just portion plate plus 500 road tax plus 2500 down payment of insurance ever year pulse I pay quarterly fuel tax. And these stupid brokers wonder why we get pissed when they offer 1.30 a mile.
@@josegonzalez4144 it would actually be a good thing if the brokers wondered but unfortunately they don't even give a shot to wonder why
What carrier is that?
@@josegonzalez4144hey man I completely understand your frustration but most truck drivers just don't know. Brokers are not in control of the market and making all this money like you think
Shippers/customers know EXACTLY what's going on as everyone is contacting them for freight so they're not dumb. They recognize competition amongst everyone fighting for their loads so brokers aren't making sh*t right now because they have to be super competitive. They do not control the market, trucks do. I know it's easy to blame it on the big bad broker but it's not them. Don't follow the crowd that loves to Blame everyone else and act the victim. Not sure why everyone is all worked up, trucking operates in cycles so we knew this was coming. Nobody was going to pay $7/mile forever. You can make money with brokers too but that's after you build a relationship and provide a service that they can't find anywhere else. Find a dedicated run and service it perfectly and I promise it'll turn into something good. Keep going this over time and slowly you're growing. And no I'm not a broker... at all
I'm a carrier that started with 2 trucks and currently at 105. When I started in 2001 I worked ONLY with brokers for about 5-6yrs and not only made great money as I found a niche and ran it as perfectly as possible. I was running lanes with brokers that paid more than what most were getting from direct customers. It wasn't until I had about 30 trucks where I was able to approach a direct customer and offer them more than my competitors. As we grew from 30 to 105 trucks we still used brokers all the time when we needed them. You can't cover every truck with a direct customer, just not possible. You need brokers to fill in backhaul needs as most direct customers won't just give you a load here and there. Don't have that attitude towards brokers and then you'll start seeing results
Miranda does a lot of research, Thank you Miss M. For all your hard work and long hours, in informing us on the market, That's a lot of research,it must take hours to prepare for just one video, Great job, and Thank you!
Thank you for all the time and info you put in these videos! We all appreciate it!!!!
You do the most in depth, easy to understand videos in the entire trucking world. Thank you for all of your content!
TH-camrs in the trucking industry who primarily depend on TH-cam for their income may have a vested interest in promoting the idea that entering the industry is always a lucrative decision. Therefore, exercise some skepticism when watching their videos showcasing income potential.
This is the best cautionary comment I've heard in a while on social media. Kudos to you, sir.
Or just go to college. Not hard
To me was a mistake, no load till the point that I cut off almost all my expenses and even with that I am struggling to survive.
I can see by your comment you are not in any trucking business whatsoever you have no idea what we are dealing out there… I think the comments you made is about you..!
Shut up and watch
You are an incredibly wise woman. Thank you for sharing your knowledge. 😍
THANKS Good information as usual 👍
Nice to see you well rested. You look great! Glad you enjoyed your weekend! Unfortunately I didn’t get a chance to reset. Still out Here pushing miles. Anyhow always Thankful For updating us on the latest Trucking News .. I’m Still Hanging On.Hope n Believe Things will get better soon 🙏..
❤❤❤
Love what you do...
You bless us all...
Thank you...
Always on point Little M!!! You look rested well done💯💯
Love your analysis and projections. Big thanks to you.
Thank you for all that you do! But because of you, I jumped into the industry anyway at this time 😅...I believe youve given me the tools to succeed along with my grit and determination!
You've got this!
Great… please come back in few months if you are still in business with these rates
@@TruckingMadeSuccessful thank you 🙏🏽
@@HA-nx5qn I'll definitely be back
Thanks for uploading such a nice and informative videos
I will say there is one thing that influenced the statistics that Miranda isn’t taking into account… there are some “people” who stay in trucking only because they love trucking. I’ve always said, after being in Truckng since 1982, don’t get into trucking to make money there are too many things that will make you hate it unless you basically love driving truck.
I started in 88 and I totally agree.
100% agree, as a driver for a company. I have felt the difference. My hours went from 60 plus hours a week to averaging 47 hours a week.
But also I agree now isnt a time to become an owner operator. So diesle prices are affected by the inflow of trucks increasing demand, ontop of the current administrations policies. This drives up the need for higher rates, but with over saturation in the market of drivers it causes brokers to be greedy, and that greed will cause those who are barely staying above water to take low cost rates, which then hurts those who are long time truck companies.
The truth is this, unless the saturation of owner operators in the market the rates will not balance.
Hey
Thank you for all this information
Really a good video 👍.
Take care.
If the haters think you can affect the market reporting stats then wave your magic wand down for them. 😎 Great job as always. Thank You
Great job as usual thank you 👍
Thanks for the update Miranda!
Thank you Miranda for sharing info ❤
The best explanation I have ever watched even english it is not my first language the pronunciation is very understable
It’s your fault Miranda.....
that my Monday is better after seeing you. Happy Monday ❤️
😂
@@TruckingMadeSuccessful And Happy Labor Day.
Hello Ms Miranda blessing I like energy I love your mindset 🎉
Thank you for the update.
My opinion on starting your business differ a little from yours.
I believe From July to September is actually the best time to get into the market and has always been. regardless of the market outlook. Peak season, freight availability make it possible to survive. Worst time to get in is from mid February to end of may when the market is cooling down. However You need to be aware of what the seasonal change does for your trucking business. Save for taxes, emergencies, breakdowns, etc. Beecause you will need some of that to sustain you throughout the slow season until the next market uptick. Have a big safety net and don’t over leverage yourself.
The way this goes down just like the number of trucking companies have increased so I have in the last so those brokers are all competing for customers. So they're all telling the customer so no I can get that covered for less money just so they have something to post on the DAT board and this is helping artificially keep freight prices cuz then recall him up instead what we don't have anymore in the load so somewhat artificial suppressed freight maket
OK, my question as an industry outsider is: if a carrier can reject a load AND shippers can have multiple contract carriers...what the heck is the contract for?
Good question- those contracts are called paper rates because they are only good on paper. Not binding whatsoever by law
Excellent analysis. I'm looking at sneaking into freight with a cargo van. Have the LLC, need to pull the trigger on equipment.
Cargo vans are not doing any better
Let's GOO!!!
Thank you.
Shalom!
Still faf and learning too
Hi hun what about getting in the industry right now as a company driver
Cross referencing the MC numbers with their USDOT Safer company snapshot will give you the number of trucks entering compared to the number of MC numbers. That would help you with your equations. Have a great day!
Yes, that is true! But darn, that's at least 30 hours of work considering the number of MCs
That's true. The correlation is probably close enough just looking at MC #'s. keep up the good work. I watch all the time and I been in the industry since 2007. Still learning.@@TruckingMadeSuccessful
Miranda, as others have said, be sure to take care of yourself. You were going to take the day off, and instead posted a new video. Like many of us, we want to stay busy and productive, but that can come at a cost. So just keep in mind that what you publish is welcome and valuable, and people will happily wait for good work product, even it it is published less frequently. Even popular musicians know to pace their output over stretches of time, lest they lose creativity and motivation, and the public gets spoiled with receiving too much and taking the work for granted. So, when the energy and the motivation is there, go for it, but if you need the downtime, listen to your internal batteries and take a few days to recharge. My two cents coming from someone working in the office on Labor Day...
🤣 Very observant. I admit, I have a hard time completely stepping away- I start to feel useless after a few hours. But yes, learning to rest is a skill- one that I haven't fully mastered yet
@@TruckingMadeSuccessfulat this point some of us are addicted to your content lol 😂 and your never give up attitude
Appreciate the videos..
Happy Labor Day.
Why would you not hedge your fuel exposure? This is 100% an exposure you can manage.
Very nice mentor
Miranda thanks for all the hard work on this video, I am looking at the load board and I see several loads posted at $1,060 California to Bremen Ga 2,312 miles by the hub group Inc. all it takes is one broker to post this cheap and the rest follows
Agreed, but it's also carriers who agree to these rates unfortunately.
The waterfall is not quiet accurate like there is a pipe company that I know did they send out emails about loads to 10 different carriers which usually take all the loads within 10 within 15 minutes half those loads end up on DAT and then the end up giving some back because they never get it covered and these carriers include admiral Jones ATI Tennessee steel haulers TMC and melton and then the shipper gets pissed because they have no one picking up because he's carriage were unable to cover the load but yet they agreed to take different dads original offering promising they have it covered
As long as brokers still have the power of controlling and playing with nembers in this industry, I do not think rates gets much better hop the middle man will be wiped from this industry.
I love it
Replay from the keystone state.
I love you!😅 Also where do you pull your hard data from? Like is that something I can look at on my own seeing the graphs and everything? Don't worry I'll keep watching you! 😁
SONAR which is a system offered by sonar for $8k per year :)
@@TruckingMadeSuccessful Love that! Thanks!!!!! 🙏
Do anyone know if we need workers comp insurance in california for a single owner op driver company? TIA
Miranda you are wonderful. I was wondering if you would be able to help me with a few questions because I’m interested in starting my truck company in 2024
Don't do it. You won't make any money.
You are making mistake. There is no money in this business
Greetings from Flagstaff
Fuel in norcal is $6.00gal
Only if you want bottom feeder rates.
How do I find a carrier?🤔
Do you get the deposit back from the truck you didn’t take delivery of? What model of truck?
No, the whole deposit was used to finance the first truck which means we lost $0. Freightliner 2024
Yes, I would get into the trucking market now, especially now. Used truck's prices have fallen and you could get a good deal right now. Remember her information is for the Spot market and not the contracted market. The spot market is just 10% of the freight in the USA. Contracted freight is $0.75 per mile more than the Spot freight rate. Think about that. If 2000 miles come from contracted freight you will make an extra $1500 per week compared to getting all your freight from the spot market. If your operation is solely getting your freight from the Spot market every day then you will have a challenge but if you could get some dedicated freight from a shipper or a broker then you could make more money per load than just spot freight.
Ok a few things here. First and foremost, contract carriers are earning an average of 79 cents per mile more than spot carriers at the moment, HOWEVER- with the freight market starting to show positive indicators, shippers will likely start renegotiating rates with contract carriers and bring them MUCH lower starting in 2024. Shippers want to grab lower transportation rates as much as they can while they can. Be careful- what you said can cause people to get in mindlessly and successfully go bankrupt. The market is moving in the right direction, no denying it, but it's so unstable at the moment that every step has to be calculated 20 times before taking the next one. Carriers who have been in it for 10, 20, 30, 40 years are shutting down- not because they are tired, but because the conditions currently are primed for a purge. Again, be careful with what you recommend to people reading.
What programs do you use to track the market?
Mostly SONAR but I also use FTR
Yea we have spent about 38k in repairs, so annoying
Laboring on Labor Day ?? You certainly deserve another day off.
I think your caution is well deserved, that said, it’s also important to recognize that the trends generally seem to be positive. We may not be where we want to be yet, but certainly things seem to be going in that direction.
love you
How do you add partner to the company profile? 😊 Thank you again.
I think you can do that through MCS150
Thank you so much Ma'am.
Is it a good idea to add a 3rd truck to my fleet?
It depends on your situation, cash flow, etc.
Freightwaves does a good job visually explaining why governments shouldn't hand out money and bail out businesses. Looks like the classic bullwhip effect.
Oh behave
How many carriers left the market because they didn't manage their cost structure properly?
Probably a lot
I’m a little confused. I think I understood most of it. What I saw on your charts was lots of Carrier’s leaving the industry, meaning the rejection rate is going up. Meaning the control is slowly inching its way towards favoring the Carriers having more control, correct? So even though these are good signs of the market stabilizing it’s still too soon to get into the industry. I guess my question is at what point, or how many more carriers do we need to see leave and how much higher should the rejection rate increase before it’s a good idea to enter the industry? Thank you ma’am for all that you do.
There is no real number- the market is unstable right now and brokers still have the upper hand. Yes there are some good indicators FINALLY happening however they have yet to translate to the spot market. Getting in while capacity is being purged is not something I recommend personally.
@@TruckingMadeSuccessfulI'm going to differ. I say to the above guy (bignick) do dive in head first. Scared money don't make money. Come in and be a "boss" .... Like all the TH-camrs been showing you.
There's millions to be made at $1.20/mile. . Just imagine all the places you will get to see in your big fancy truck 😜
Haha, couldn’t have said it better
How do I add for MC number to my application after I only apply for instrastate carrier?
Go here: li-public.fmcsa.dot.gov/LIVIEW/PKG_REGISTRATION.prc_option
Click on: I need additional operating authority to my existing USDOT
Thank you so much.
Hey Miranda! I got a hold of Alex from Mutha Trucker. Is there a way we can arrange a conference meeting between us 3 via video call?
nice
I’ve been out of home for whole August to make a gross of 36.5k. What I know for sure is that I am ready to die to overcome this struggle but won’t give up. My 2016 buddy with 739k miles on it along with trailer, both eating up 2-3k monthly for repairs but I see it better then 48k at once which I certainly don’t have. And 1 day I’ll be rewarded with high paying market to work a year make tons of money and finally realize my manufacturing dream.
Q2 of 2024 📈
You think so?
So nice outfit today. 😊
Folks need too be informed about the industry. Not attack you you have the charts I appreciate your information.
Hi Miranda...So basically todays rate is not tomorrow's rate...lol....thank you 🌹
My dispatch is having trouble making me money. I told her my minimum is $3500 gross a week and still, she doesn’t meet this criteria. Any helpful advice is helpful. Any snarky, smart answers, keep it to yourself.
What type of equipment and where?
@@TruckingMadeSuccessful I’ve been running refrigerated. I’m also otr. I show her some maps from your videos and hope they translate. Truth is, I’m not picky, I go where she places me. I also stay out. Been out since July 4th. Things were good couple weeks after July 4th when I came out and since then, we’ve gotten as low as $550 for a weekly settlement. I’ve been communicating more so hope we can start meeting my minimum criteria.
Can you give me an example of your weekly run - pick up city state, del city state, commodity and rate? If you want you can email me at talkabouttrucking@gmail.com. $550 net is pretty low unless your expenses are super high of course
Find another company or run harder it's all on you, get your ass out the sleeper after 8 hrs deliver a day early before your appointment time and drive when the roads clear up need to know how to navigate in this industry can tell you just getting into the game. Welcome man
@@Goodfella1999 this comment can be categorized as a smart mouth comment. It’s unhelpful, it’s full of assumptions and it’s a bit aggressive for my liking. You take a look at Miranda’s reply, she’s asking questions. These questions are helpful and will allow her to reach a better conclusion.
Today I put my truck and flatbed for sale 😢
Im sorry to hear that :(
I love driving and I love my truck, but lately it has become too stressful((
Sold almost all my trucks , two units left
Ma’am can you guide how I can register a mc or usdot number but the main issue is that I’m from Pakistan I’m going to America with in 5 days so I file a non resident llc after that how I got mc number as broker or carrier anyone without a driving license or property or truck and driver in USA and most important all on Pakistani passport kindly help we have a dispatcher Company now we are facing issues in Dat load board they asking for mc for registration of Dat load board I hope your got my all points and answer me and guide all about that, thanks
Do us all a favor and quit while you're ahead. You haven't even arrived and got a license and you want to open a brokerage and trucking company? Go ahead and apply to work at a brokerage or something before doing all that
Before starting anything you should get working experience
@@kajg4236Excellent Advice, he'll probably not follow it, but thank you for saying it
@@hasanameeri4659 Exactly, learn the business then apply yourself to the business, He'll most likely will not follow it but glad you and another person said it, I can't even believe what I was reading. Unreal..
@@josephhuman7390 you're looking at the next dispatch company that's going to call at 4am and offer you a load to Canada
I started 3 weeks ago and I’m fucked.
And yet there is still no room to park a truck in a rest area or truck stops
Thank you for valuable information about the industry. Enjoy and learn from your videos. Appreciate it very much 🫶
Regardless of rejection, rates are LOW!!! If a carrier rejects freight its because the Payout is not worth the their time to pull. The rate dosent go up , the broker just finds a carrier to pull cheap freight. No progress.
Exactly these guys are still pulling cheap loads with high fuel prices little to no profit
Miranda you look like average rate per mile is $5 😍😍😍
What kind of trucking rizz is this?!
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I know you must of read the news of Swift and Knight laying off employees...?Hold on...Im believing we need to just tighten the belt for this end of year..Starting March it will pick up and fuel will go down...👍
I just did orientation at swift and there was about 35 other new hires there.
@@flonkas why would you go and work for swift ? They don’t pay anything and trucks are going slower than 65 mph
@@garyounrou3718 few reasons. My cousin works for swift and he makes 80k per year after 8 months of working there. He loves it. My bills are coming up and they were able to get me on the road just 2 weeks after I applied. I only want to do OTR for 6 months and then go local, swift is fine for that.
Let’s be honest, this is the worst trucking has ever been. Rates are the lowest compared to the fuel and maintenance costs that is has ever been in history. I bought my first truck in 1993. It’s really bad right now, we ate steak and lobster in 2021 and now we’re not even eating chicken, we’re eating the feathers.
Feathers sound delicious! I am out here eating the beaks
Boil those chicken feet down for soup!😝
Your so cute 😍 💕
And smart to !!
Be prepared for 2025
I have no love for brokers. BUT why call them out all the time when the MAIN causer of this disaster is the Government, your “fellow” carriers that haul cheap freight and the below average IQ truckers that work for them!!! If you look around at truck stops you’ll be able to see many foreign drivers, with their own authority and 3 family members inside the cab rotating as drivers with only one them that has a CDL. Indians especially do this a lot.
As long as these carriers and owner ops are still in business…. You can kiss living wages and rates GOODBYE.
Hello. If someone could afford it that just loves big trucks could they drives a truck as a hobby without all the fees if it was not for commercial gain ? Thanks for your time
If you don't mind working for the same money being paid 20 years ago with higher inflation.😂
Not to offend anyone but if you blame a women who shares news and faces who has less then 100k followers for the freight market you are out of your mind and are desperately looking to place blame 🤔
Take responsibility folk are you taking loads that pay less then your break even it is not always better to be loaded then empty it is not sustainable. Be safe out there drivers 🙏
Don't encourage anyone to get in this industry. We One capacity to get lower lol.
As I said towards the end of the video, its not a good idea to get in right now
@@TruckingMadeSuccessful lol I was being goofy. Thanks again for your content.
Brokers shouldn’t have the upper hand. Truckers should all get together and stop taking shit from brokers. Then we will see who has the upper hand
NOOOO DONT GET IN TO TRUCKING, KEEP YOUR JOB
The freight market is not going to recover until about ten years from now. Demographics in North America will not recover until the offspring from the millenials and zoomers become employed consumers.
Don’t waste your time get out the trucking game it’s burnt and rotten it’s spoiled
Im sticking it out but everyone is welcome to do what they wish/what their operations allow
Thanks, for the info.. FYI.. JUST had my insurance renewal.. no accidents. Ticked and clean loss runs and the insurance.still went up.. had a quote from other company and came on @ double.my.currwnt rate!! Wow
Yeah it's unbelievable- I was told that insurance companies have been burned so badly over the past few years that they are increasing premiums across the board. Its ridiculous. I was also told that the lowest rates are in Colorado- not sure if its true but thinking of moving my businesses over there if it is
Not only September all months were good under Trump! Fact
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