Trucking and Freight Market March 21 2024: Some Areas Are Getting Better

Today we will look at a very detailed view of how the freight market is doing. Volumes, rejections, diesel prices and capacity but then we will also look at extremely specific data regarding where the better areas are, especially for Dry Vans and Reefers.
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[@RomeoUrsu-fy9qo]

Was a great week for me…I didn’t move nothing this week…I rather sit for free than working for free 😂😂😂😂

[@poconowolf]

Same here

[@unperuanoenlascarreterasde9964]

I did that for the last 10 days . I just started driving last Tuesday night .

[@jorgevargas3695]

My respects to you guy’s , I wish more truckers grow some balls and don’t get cheap loads, because 90 percent of the the problem is the drivers who take those PS loads .

[@unperuanoenlascarreterasde9964]

@@jorgevargas3695 those cheap haulers are going to end up broke . I really hope so too !!

[@lifeitsgreat]

I made 6k net this week

[@chrisbelsito4231]

Thank you for your time young lady! How can anyone run a dry van for $1.86 a mile when fuel is $4 or more?? Trucks been parked going on a year now.. it would be financially impossible to run my truck for that! Repairs are way too expensive for that rate.. of course that’s me. Say NO to cheap freight!!! Anyway, thanks again for your time and input on this madness.

[@RomeoUrsu-fy9qo]

$1.86 is a good rate vs what is posted for example on DAT…..😂😂😂😂

[@unperuanoenlascarreterasde9964]

Finally someone agrees with me !! Finally !!! Reefers under 4 per mile is fng insane !!!!

[@anonymoustrucker1782]

Yall still wishing Covid was here. 😢

[@theobservermelanin1746]

@@anonymoustrucker1782 You ain't making no money

[@user-uo9ld2mb1w]

​@anonymoustrucker1782 no there being realistic and know there numbers to be in business.

[@r.mitchcullins1299]

Everytime you say ready let's go, I know that I am in store for a treat. Thank you.

[@paulmarker5689]

A very in-depth look and a lot of research this week, thank you for your time.

[@uria711]

Your videos have the most value of any other videos on KZbin. Thank you so much.

[@Hitty_456CTDriver]

Thank you Ms info!!! Sounds promising!!

[@Stavros1977]

I enjoyed your video as always, great content and great info about the reality of trucking 👍💯

[@whiteliontransportation5516]

You are total awesome !! You just don’t understand how important your info and research helps me out !!

[@hookem3616]

Great explanation. Wonderful job as usual. Thank you

[@Axel-mg6mb]

If every owner operator or a decent trucking company will stop moving cheap freight things will be different, sadly we all know that something like that will never happen for our own detriment , thank you, Miranda, for your good work and you are a great spirit, Must appreciate it

[@XRP-General_of_the_Army]

Well of everyone sits for 7 days waiting for a good rate… in reality, they will still end up taking the bad rate and losing 7 days of expenses and income. I know no one wants to hear that but it’s true. Try to sit and wait for a better load. You will only do it once. Trust me.

[@notsure984]

If we take what freight waves as gold and make our decisions based on that data than we are not in control of our companies. Freight waves than is the decision maker for your company. Not you.

[@bossrydakellz]

All the freight is cheap right now so, I really don't understand why people say stop hauling cheap 😂

[@Prodigal1]

Very true! Problem is slow economy and too many trucks. Too easy for anyone to get into this profession both as a driver and a carrier. One truck carrier or multiple. What’s needed is tighter standards to get into trucking and a new administration in Govt that decreases regulations stifling business, believes in drilling for oil here in the US and pipelines and putting the brakes on electric vehicles, stricter emissions standards, etc. In other words, fewer drivers and carriers due to stricter entrance requirements and pro growth economic policies thereby increasing freight.

[@fugitive1205]

Thank you Miranda,,,, you are our angel.... Thanks for everything you do for us

[@JPGodschild]

My husband and I only accept $4 to $5 a load. We rather not take the load and work for free. We're all struggling and they could careless. 🙏 pray this market flips soon.

[@victorsuarez2954]

That's a lot of work. Thanks ❤

[@trancedunn8064]

Excellent work ‼️🙏🤗❤️

[@XRP-General_of_the_Army]

We need to write the FMCSA, Transportation Secretary, ATA, and OOIDA. Tell them to enforce the rate con law and the UCC code that forbids the rate con waiver in the carrier packets. Once we have transparency on how much the brokers are taking we have the power to push back and ask for a rule capping broker percentage. The shippers are paying record money but the carriers are not seeing it. It’s fairly obvious where the money pot in the middle is. If we all write an email and forward it to all 4 above they might see the problem is enforcing the laws we already have. Transparency allows free markets to fix themselves. But the guy cutting the cake (broker) isn’t showing everyone how big the cake (shipper pay) is. We cannot stand up for a bigger piece when we don’t know how big the cake is. The waiver of our right to see the rate con means if you push for the rate con to see how big the cake is….simply the broker won’t give it up and will blacklist you from working with them. The FMCSA could make a link to report brokers who do not give rate cons out. Then use their authority to enforce it.

[@jeramiekochlefl-bodner5965]

Should be mandated to be auto-included on ratecon

[@bossrydakellz]

I love this idea‼️

[@omegakrest]

Don’t hold your breath, it’s never going to happen. And if it did(hypothetically), that wouldn’t solve anything, you will still have to be the cheapest carrier in a lot of cases, in order to get the load. Low rates are there because there are shady carriers that take those loads at those rates. If there’s no one to take that cheap freight, brokers would have no other option but to *pay more* .

[@austincapps4381]

Brokers are not making as much as you think brother. Not only are there more trucks than needed on the road, there are entirely too many brokerages too. Too much competition is driving rates to the bottom of the barrel for everyone

[@XRP-General_of_the_Army]

@@austincapps4381 I would like the receipts on that.

[@shawnfairman911]

Happy spring from Pennsylvania.

[@AVitkouski]

Great! Thank you!

[@user-xh8fq6mj8b]

Thankyou, and God bless you ! ❤😊

[@kinglevo1369]

Thank you.

[@tadlocktrucking4456]

❤The time taken on the maps is worth it. I book my loads seeing what's good based on my memory and you confirm my limited knowledge every time!!! It's still a guessing game.... 😮

[@Prodigal1]

Excellent, thorough presentation as usual. I am sure it helps the younger men and women trying to stay in business in this deteriorating profession.

[@davidowen9671]

Changing the subject a bit: Yesterday I drove on CA-17 down to Felton (near Santa Cruz) with a near weight limit load of lumber. The cruise control, which I only use to go uphill, disengages below a certain MPH, which it seems is 25. Then, on manual throttle the truck --- with its industry-leading Cummings X-15 --- slowed to about 17 mph. All this was after hours of slowed, sometimes stopped, traffic in San Fransisco metro. Is a 25% higher rate per mile in dense urban areas starting to lose some of its glister? (Oh' and a dispatch liason clerk, who all the while can't be pried off his fixation that running loads is as per Google Maps' times!)

[@davidowen9671]

Dollars and cents per mile is only a metric on the way to gross revenue per day (and shipper and receiver schedules mean the days are not created equal for these purposes); and gross revenue per weekday is, in turn, only a metric en route to net profit per (usually semi-monthly) settlements. Stated a different way, that juicy gross rate of $4.00/mile (say this includes the FSC) on that 200-loaded-mile run which consumes two weekdays will leave the lease operator with circa minimum wage pay for this ALL CONSUMING JOB. Yes, you heard that phrase first here, and all honorable readers should attribute to me, David Owen, any re-publication. No other adjectives really work. This is NOT a full-time job only. It is two full-time jobs, plus a third full-time job as night watchman on truck, trailer, cargo, fuel and your own life, all while nightly parked next to epsilon semi-morons idling their engines to make your teeth vibrate. 24/7/365.

[@deanhibbert3240]

Hey Ms Miranda how is everything going blessing 🎉

[@porttrucker]

People fail to remember when the US had its supply chain problems cause of the pandemic , many ,many companies began to over order in fear of not having enough supply , so that stirred up the huge uptick in volume and so there was so much freight flooding the market, companies all over were building warehouses everywhere and leasing warehouse spaces , to store the over flow , once every thing began to normalize, companies now had more freight being warehoused, there was no need to bring in more so volume of freight in the market plummeted, and so until excess supply is depleted we won't see a jump in freight volume .

[@wrld-zu9yt]

The fact that there is an increase of carriers in this market is completely unfathomable to me

[@XRP-General_of_the_Army]

Landstar and Mercer drivers are trying to get that extra 25-35%. The new authorities are just contracted guys taking their trucks solo.

[@Prodigal1]

Well, two things. Immigrants keep coming in and our Govt goes out of their way to help them get into trucking and other jobs and two, many of those new carriers are likely former IC’s leased on to carriers and are being forced to choose between returning to company driving jobs or obtaining their own authority. AB-5 California type stuff.

[@debeacon]

@@XRP-General_of_the_Army I talked to a Mercer driver yesterday and got the information that he is still leased on as usual. Nobody is urging them to get their own authorities. (what's with that???) So I don't think that is the source of the new authorities.

[@XRP-General_of_the_Army]

@@debeacon No driver at Mercer or Landstar is being encouraged to leave. That is correct. A lot are leaving because rates are way down and the extra 25-35% can be the difference between staying in business or not.

[@kevinfuentes127]

Thanks for all the info. AZ and KS is paying good for reefers. As a dispatcher I can tell you rates are going up. This week overall I did $2.80 per mile for reefer loads. Dry van loads we just need to pray. 🙏🏻

[@olizverka1234]

What the hell u meaning KS is paying good? Literally 50 loads coming out of kansas daily, if u people consider getting a 2,80 $ per mile load good is whats problem in todays industry.

[@gilbertoavina6156]

Miranda you're not the only one that's been dealing with scammers. It seems lately i can't leave a comment on any video anywhere without a clone account talking about send me a message. It's really getting out of hand.

[@tsocity213]

Hey letsss gooooo !!!!! Thanksss

[@1930-Ford]

Thought you were going to take a week off. Or break. But glad to see you. Nice

[@Suddenly_Quinn]

Thank you always for these videos; I look forward to them. Sad capacity isn’t leaving like we hoped, but I think that’ll shift. There’s no way these guys running less than 2/mi can stay afloat forever

[@debeacon]

If you've never tried to get truck parts in Miami, Laredo or El Paso while looking a little Spanish, you might be surprised how afloat you can stay. Also, the level of desperation may catch some by surprise. So for these reasons and more, including the global economy, the rates are not going to get better by any significant margin.

[@alaaelgannouny4942]

Dry van is really stressful .. i'm working with 8 drivers , it's crazy to cover all of them everyday in this market , the brokers are not even answering emails and phone calls . i really started hating my job .

[@dandavenport4565]

Increased capacity - WTF ?? Your Dryvan map looked like a delicious salsa - yum 😊

[@AA-hy3xs]

I apreciate your work Doing statistics it’s hard But in reality the things are very bad 1,5$ average not 1.86$ All the areas are bad Nobody will gave you a fair price I think we need to refuse some brokers rates first for a week or more We need to shock the brokers ,shippers pay good $ for loads but a lot of that $ stay at broker not at the carrier Say no to cheap freight

[@osamatahir7163]

These Weekly snipets are good for Focusing Load Search's. Would also appreciate any input on Power Only Loads.

[@treyfeeley2519]

I look forward to your wonderful videos! Why is there a difference between your info and DAT? I was disagreeing with another youtuber because his rates for dry van seemed higher than yours? He said he gets info from DAT??

[@XRP-General_of_the_Army]

DAT averages include the 3,4,5, and 6 dollar short hauls. Miranda is giving you the actual OTR rates avg without the high rpm short runs.

[@debeacon]

I have decided it's time to get out. I could keep going but the writing is on the wall. Now the goal is to fine tune all the self-sufficiency measures I started. So...I'm bugging out...i want the world to know...

[@CristoEsRey7]

Why isn’t there a percentage limit that the Broker can take from each load?

[@danieldelmuro7194]

Good morning! Thank you for the report, the hard work!! Just wondering, what is your take, what is going to happen to the carrier population, capacity, with all these new emissions regs from CARB, ARB, EPA , especially in states like CA. The way I see it, it is just not sustainable for a lot of us. I am very surprised to see the carrier population increase!

[@TruckingMadeSuccessful]

I was also surprised to see that- it goes against all logic

[@finalout99]

Thanks Miranda! 1 foot in front of the other.

[@jakekart55]

This channel is so informative and awesome! But is there a channel like this that shows the statistics for cargo vans? Instead of semi trucks like we see in this video!

[@TruckingMadeSuccessful]

I haven't found data specific to cargo vans yet but if I do I will share it!

[@jakekart55]

Really appreciate the reply. That would be awesome! Do you know of any channels about cargo vans that might have informative market info?@@TruckingMadeSuccessful

[@cigjohnson157]

Thanks you ! I am looking for a good tax preparer. Do you have any recommendation Im in PA

[@TruckingMadeSuccessful]

I do not at this time

[@EduardoSilva-xe3gp]

You deserve like 10 million subs and views, but then all of those viewers are going to go to the good spots make those spots worthless 😅 Thanks a lot for this super valuable information and you hard work my lady 🙏❤

[@glennbrooks2848]

I curious on what Power Only has been doing in rates, while everyone is taking this cheap freight!

[@fr8law]

To everyone that loves trucking and logistics, keep the faith. If you live long enough, you learn that life throws us sometimes insurmountable challenges, but so long as we persevere, work hard, and keep the faith, life tends to work out toward the positive. For Miranda, and all here, keep adapting, keep learning, and it will be a matter of time before things start to work out. In life, we don't always get to follow the script we think we have written for our careers, but if we keep the faith and adapt, things will tend to work out. Trucking and logistics is at the heart of the economy, and those that love this business need only strive to learn and adapt, and be willing to move "off script" to thrive in this industry. Many small trucking businesses will survive this freight recession...look to what these survivors are doing and mirror their approach.

[@publicname515]

What's the best way to get loads as a new DOT?

[@georgewashington1106]

Anybody who isn't watching these videos isn't serious about what they're doing. Also, @6:34, the pause, and slight emphasis on the one word, is hysterical.

[@2dsie]

United we stand, as long as there are carriers who keep taking the crap rates while only a few percent of us are still saying NO and negotiate - there will be no good change. Brokers become more and more arrogant - of course they will, as long as there are people to sell these crap rates to.

[@dennynisevic7848]

OMG , how cuuuuute is this girl 😊😊

[@imranwayne9542]

Would you think this year is Bater then last year

[@jaydhillxn]

What you guys consider good RPM for dryvan in today’s market?

[@aroundthecornertrucking6433]

2.00 and up

[@Davecy]

How many companies quit by April 1st?

[@sammyus2016]

Wisconsin is almost dead 1,80 per mile for dry van, low volume for loads

[@unperuanoenlascarreterasde9964]

Yet ! Mfkrs continue hauling it !!!

[@markomilosevic4293]

I parked march 11th, and not planning to drive until I can average $2.5 per mile running dry van. $2.5 average is my bottom line.

[@jimmyconway6080]

You’ll be waiting for a very long time I guarantee it

[@danlindeke2561]

Mpls,Minnesota Star and Tribune ,March 24,editorial page,Page A7,"MN can do better than uberlyft"....CEO made 24 MILLION,a 22% increase.5th paragraph,"highly effective middlemen who extracted outrageous fees......maneuvered lower pay for drivers"

[@simonjusticier333]

Tbh, at this point I don't give a damn! Trucking industry is now for the bottom feeders and desperados.

[@aroundthecornertrucking6433]

Good video like always but the 24th

[@TruckingMadeSuccessful]

Thank you! I just changed it. oops!

[@mcampos17]

Could you make money with a 9ft reefer trailer ?

[@thiagocastelo6738]

Bc of this news next week 10k new carriers entering the market

[@1REALJESUS]

Hey

[@davidowen9671]

Dollars and cents per mile is only a metric on the way to gross revenue per day (and shipper and receiver schedules mean the days are not created equal for these purposes); and gross revenue per weekday is, in turn, only a metric en route to net profit per (usually semi-monthly) settlements. Stated a different way, that juicy gross rate of $4.00/mile (say this includes the FSC) on that 200-loaded-mile run which consumes two weekdays will leave the lease operator with circa minimum wage pay for this ALL CONSUMING JOB. Yes, you heard that phrase first here, and all honorable readers should attribute to me, David Owen, any re-publication. No other adjectives really work. This is NOT a full-time job only. It is two full-time jobs, plus a third full-time job as night watchman on truck, trailer, cargo, fuel and your own life, all while nightly parked next to epsilon semi-morons idling their engines to make your teeth vibrate. 24/7/365.

[@geraldjunior4235]

The electric simi of Elon musk on green map color

[@sammyus2016]

Omaha this week was dead!!!

[@jorgevargas3695]

Like a said before trucker’s grow some balls and dignity …. Do not take cheap loads if we get together we can break them .

[@johnathantwinz810]

LORD YOU ARE SO BEAUTIFUL

[@johnkatakowsi9907]

Well Mid West was kicking butt!!! i am beat!!! 2000 miles this week!!! move to the Midwest if you want to drive!!!😃😊

[@MrRafi425]

Looks like all that talking for last 12 months from the everyone about second quarter 24. That should starts going better not gonna happen.

[@Patrickz94]

Idk about you guys but reefer is getting worse and worse. These brokers keep dropping rates like crazy

[@milehigh-ghost7286]

Long nose trucks RIP. Fuel costs too much, and their fuel economy is awful.

[@DudeDude491]

Miranda❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️

[@tracyobert5811]

Perhaps, since COVID, people have just decided they don’t need so much useless crap.

[@dariodjakovic1600]

First i want a cookie

[@ecast1500]

TRUMP 2024 is are only hope

[@georgiiarakelov6560]

😂

[@georgiiarakelov6560]

Is he going to make shippers to pay more rpm ?

[@miguelmorales2367]

@@georgiiarakelov6560 yes

[@ulisesfernandez3739]

I don’t see personally any big difference w/the previous guys in the White House but the Best market was with the current Guy😏 so…will be better soon! Economy is getting in the right direction 🎉we getting there folks…and Four more years 😎

[@FarhanKhan-kn5es]

@@georgiiarakelov6560 atleast he will ditch all the biden polices nd infiliation to go down nd it will directly increase demand of freight.

[@olizverka1234]

Everyone just get out of trucking. Its not gonna get better, why would it get better tell me honestly? If u have indians and pakistanis booking buck a mile loads overseas why the hell would it get better tell me? Its not gonna get better. So just quit while ur sanity is still somewhat ok. This is the shitties industry to get it.

[@johnnyleon9218]

[@BigFaggTruckingLLC]

All I can say is, GOOD LUCK, to all these new authorities coming into this market because you're going to need EVVVVEEERRRYYY bit of it to survive.

[@RomeoUrsu-fy9qo]

Many don’t even know the numbers…and many are coming from Biden 3rd world country…so they don’t understand the reality in long term for their finance.

[@jimmycagnee65]

Thank you.