Hi! We have a small fleet! We actually scored some excellent rates this week because of negotiation power with less trucks on the road!

interest rates are extremely high to curb inflation. that price trickles down to the general consumer/trucker

Not all shippers can do it ; more needed space for trucks. Need to create another trucking company withing the former company. Need more money to hire and buy new trucks and drivers. Extra financial responsiblity to shippers. Good luck dealing with DOT and their credit score when they screw up…. All in all extra responsibility to shippers , not all of them have the capacity nor the sucker balls to make it . DOT please deal with shippers 😂

If these shippers can take away all the loads from the brokers and carriers for hire and offer great hourly wages for their truckers, with a pension plan, health benefits and a great work life balance… as ex truckers. I would definitely dust up my CDL A and jump on board. Brokers carriers for hire and government oversight has WRECKED this industry.

Trucking is done get out while you can

As a professional dispatch company we use Total Dispatcher / Turbo Dispatcher TMS for our entire business. Hard working from spreadsheets when you have 50+ carriers

Thanks for your insights. Preciate ya!

My two cents is once these shippers see what exactly is involved in keeping huge fleets going and keeping drivers and dealing with accidents and law suits plus compliance they will re-evaluate if it’s cheaper when risk is involved. Not to mention there are so many little manufacturers who don’t have fleets already and who don’t have a clue what is involved that they will loose money trying to save money.

Bnsf and jbhunt and shnider are putting more on rail

If shippers expanding their fleets are a concern, then thats a win for company drivers that would have even more options to choose from. If each shipper can't woo enough drivers, then there will always be hired freight to haul.

Id say, its going to be interesting as to who will survive the high interest rates environment. According to the producer manufacturing index, shippers are in no shape or position to start private fleets. Id go do some research on the trucking companies and owners who survived the Paul Volcker era, and use their strategies. If they were, private fleets will become unionized lol.

Politics will destroy this country.

Let’s not spread misleading disinformation. That’s what I think. Noting perfect in this and one not moving that expense in house (if not only partly), because in 80% of cases that one would end up loosing business. I can cut one of my fingers if someday more than 20% of shippers will have any meaningful capacity of traditional fleet. Such a news sounds to me same like news about Oil that won’t be needed anymore any time tomorrow.

The reality is that drivers is only one in the industry who’s not paid for overtime and plus market going constantly bad even diesel price going down,we must or stop driving or start to protest peacefully ( stop driving at least for 3 days) ,they need to hear us otherwise they will continue to 💩 on us !

They said the intermodal was gaining more traction. JB Hunt has cornered the market. Also WALmart is going to completely prioritize there loads. I work for SWIFT. They stated intermodal was picking up faster than anything.

That will make no sense for shippers. Fuel plus maintenance and repairs will sink their profits really fast. They will FAFO! Lol

Thank you Miranda💜

Its rigged perry obviosus. They had money to over pay brokers when rates were $4ish after broker fee may of been $6-7ish per mile. Now they gonna try make they own fleets which is killing the market. Also people who run for cheap trying to keep up on all thier payments

Very true : shippers are taking over . This trend has been obvious here in Canada since last Spring . LOBLAWS and JBS , some of the biggest here are building their own fleets Thank you for your videos. Very interesting and well done !

Let them to do it,to deal with all this new trucks sitting on dealership for repair and insurance. Just go ahead !

Stop apologizing for talking about what is. If people don’t want to hear the truth nobody is forcing them to stay here and listen. They can go where ever they want to stick their heads in sand. As for the rest of us, let’s go.

Doom and gloom??if people want to know the truth about trucking then I would think that they would like to listen to yourself sweetheart but I guess some people want to listen to just bullshit to make then feel better (NOT ME) I want to hear the bold truth, good or bad!!

New trucks with emissions problems you have to be a billions $ company to do that.

Looking good this morning Miranda I guess if we didn't have the fake president in the White House. Market in the front rates wouldn't be where they're at. Think if we get President Trump back in the White House the next 12 years will be good because he'll have his vice president after his term to carry on his legacy and keep the markets where they need to be.

Doom Queen ❤

Don’t worry, when shippers see how much it cost to buy, operate, insurance and drivers pay not to mention fuel cost, repairs and all the regulation cost most will see it’s not worth it and gladly pay outside carriers to take on those burdens.

I would not have my own fleet if u was a Shipper that looking at having more money n time working in their Favor. Trucks needs a good drivers, maintenance n much more 🤷🏾‍♀️

Employees are a pain in the ass for a company that could do with outside labor. There are risks like liability and lawsuits in what is the most dangerous profession, minimum wages and employment overhead such as taxes, and insurances, and the always present threat of DC and politicians passing laws to protect the employee such as paying for detention, overlay and overtime. In many ways is shipper to pay more to outside carrier or contractor to haul the load without all these liabilities.

This is exactly what I mentioned about half year ago, more and more shippers are making a pool of their own traiers however they don't wanna by trucks and deal with all this "carrier business", istead they are offering PO contracts

Interesting…. With the exception of the shippers learning how tough for hire carriers have it. Insurance, driver issues, back haul rates, maintenance , weather, and false claims by the traveling public. This will not last long. Example, they will be ripe for lawyers to aim at the parent company for class action multi million dollar lawsuits, or the first time the dot focuses on a private shipper like dollar tree for being unsafe on the highway, they will nix this asap. Their “reputation “, “customer reputation “ for selling products are completely separate from one of their drivers loosing control on donner pass and killing a family of four. Just my input……:

Bottom line. A shipper has a load for $1 RPM ( or less). We all know this is a total loss for a carrier but someone takes this load to off set fuel costs. 1) the shipper learned they can get it moved for $1 or less. 2) shipper won’t want to lock in on a contract rate when they see it will get hauled for $1 or less on the spot. 3) shippers will have the same costs as carriers to set up or expand their own fleet. If we loose at $1 RPM so will they. So save money put it on the spot for $1 and it will get hauled. For this market to turn ALL carriers need to stop hauling cheap freight. Let it sit and rot on the dock. Shippers want to starve us out so time to flip that switch. Stop hauling cheap freight NO EXCEPTIONS! My definition of cheap freight is a RPM that does not cover ALL costs of moving that load with with some profit. This idea of I got $3 going out and $1 getting back gives you an AVERAGE of breaking even is ridiculous. EVERY load you load must be profitable. If not, you are the problem.

We just cant take 2 million drivers and find unity in such a diverse industry. If we all worked for one company then there could be better balance. As an owner operator....im at the mercy of my customers! Everyone is my customer and im only responsible for myself. Moving freight is my specialty. Miranda brings up what most drivers never see or understand.... Control is only an illusion. Driving still remains the dream.

Miranda tells the Truth, The Truth delivers Freedom, Freedom is beautiful, Miranda is Beautiful!!! Gotta Love Miranda...

The reason a lot of shippers are doing this is because the fraudulent so called double brokers. They are getting tired of paying twice . Plus a lot of shippers are going direct with smaller carriers that have been in business for awhile

Just a few more months and it will get better.

You’re not doom and gloom you’re making us look at things right now what we need to be saying on our business with and I thank you for that😎💯🚛

And why should things get better? As I have written to you here before, what is the combined population of India Pakistan Bangladesh Indonesia the rest of Southeast Asia Southwest Asia Sub-Saharan Africa Central- and South America???? And in a system of representative democracy, the more of these folks that are here, the harder it becomes to say no to more, unless someone thinks that the Bantu or the Sikhs will say --- will vote --- for no more Bantu and Sikhs! Res ipsa loquitor.

Miranda and folks, What is the longest time-frame you can imagine before Artificial Intelligence makes the truck driver obsolete... and what is the shortest? (For these purposes, let us rule out thermonuclear war and starting over again from flint stones.) So, we probably all agree that the transition will not be completed over the next five years. And probably we all would agree that there will not be commercial truck drivers a hundred years forward, the way things have been going. Anyone want to take a guess at narrowing this window, with supporting arguments and information?

Hey LEEETSSSS GOOOO!!!! Thank youu🎉🎉. Shippers expanding their own fleets. Is a recipe for disaster. Imagine having 300 trucks that you didn’t before. Now they will find out the ridiculous maintqnce costs.

I like reality. If I know the truth, I can deal with it. Thank you ..

I used to work for Batesville casket co and they considered backhauls a 100% profit because when they built the price of the casket in it was round trip. They used to be a top notch company then they went on the nyse and now they treat the drivers like common folks.

A change in supply is not to be confused with a change in the quantity supplied.

Private fleets will divest in the long run. All the overhead of trucks, fuel, drivers, maintenance, insurance. Besides, it is no longer a ‘private fleet’ if they go to the spot market. The rates still need to support costs. Private fleets aren’t immune to costs so eventually it’s better to pay for hire carriers to dispense with overhead.

Got a good one!!! Miranda I just found out the trucking company i have been driving for for just over a year my second cousin owns i am definitely asking for a raise!!!😃

No, shippers won't be running the show., unless they can over run the middleman. The Market? Never like it was, they made sure of that. Up a bit more when demand surges, sure.

I’ve been a contract owner operator with Amazon for the past 2 yrs and have seen steady rate drops currently as low as 1.29 a mile. Do you think Amazon has any effect on the load rates?

Ready .. lets go!! Doesnt have the excitement behind it like it use too.. just saying 🤔

Everyone needs to stop focusing on market rates and focus on what it costs to run a business. Look at what you're paying for items that you want or need and ask yourself is it justified knowing how much market rate is to haul that product. The answer is no. So obviously the shipper or customer is paying more to haul that freight then what carriers are getting. Stop hauling freight that is under operational cost. Operational cost is around what fuel cost is.

Do you have O/O running for you?

If we can't get loads above break even cost, how is a shipper going to afford to truck them selfs?