Trucking and Freight Market August 8, 2024: The Great Trucking MESS

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Hi Miranda everything you are talking about is why my truck is setting idle. Paid my equipment off about a year ago and will not go back in debt for trucking. Keep your head up and good luck.

EdBoozer
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You do such a great job. You provide a lot of info in a short time. If people are not Subscribing to you they should be. I've been in Logistics /Transportation approx 27 years. You know what you are doing. Keep up the good work.

trime
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Thank you for the update and your dedication Miranda!

RomanVarl
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Swift, prime all the big carriers are pulling as much spot freight away from everyone. Those carriers are taking freight at a seriously low rate to force everyone out of business.

fozman
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A&A express out of SD is closing business next week 8/16. They have 300ish power units.

MyNicknamesBear
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You are 100% correct on everything you said I’d rather face it and not not face it people who give you a hard time. Don’t pay them no mind I respect what you do. I see the same information you do thank you for all you do.

kjkj
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While I am not a trucker, I have always had a strong interest in trucks and I do somewhat follow the trucking industry, just as I also follow the airline industry.

I know the world is a very unsettling, crazy place right now, but I agree with you about trying to keep a positive attitude even when things are tough.
Since I discovered your channel, I sincerely hope you keep doing what you are doing, your videos are very informative and professionally done. Thank you so much for sharing with all of us.

Hang in there Miranda, maybe there will still be better times ahead, but even if there isn't, we are all with you dear!!! ❤❤

BrandonG
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Well even if the rates go up it won’t matter because people will start saying they make 30k a month gross and next thing you know everyone wants a piece of trucking and rates go back down.

duvasio
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Believe I read something on Freight waves via one of the news outlets about several businesses closing down their operations in various parts of the country which means less freight to be shipped in those areas. It’s a bad economy and over capacity. Regardless of demand watch for diesel prices to climb soon as a larger percentage of each barrel of oil gets diverted into the production of heating oil for winter (used by much of the east coast). I admire your intestinal fortitude to stay in it and fight. You’re young, I wouldn’t recommend you stay in it but I wish you the best. (Bake dancing doesn’t appear to be a viable career alternative for you😂)Like I said before, I am winding it down back as a company steering wheel holder just long enough to replenish my retirement savings that got depleted from repairing and maintaining my last truck and then retiring.

Prodigal
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You say the truth Miranda n I like that way you explain.. everything is understandable you have a wonderful weekend

nickramos
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Hello Miranda. I feel your frustration cause I feel the same way this week. This was very crappie. Nobody would negotiate on any of the lanes the offers were all below my running costs. It just plain sucks. A few of them I told them to put it on your own dam truck. They laughed

ohsmqny
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I just took a high paying load to Idaho and thought I will drop down to Salt Lake City and pick up a load back to Texas. I could not book a load coming back. By the time I called on them they were gone. The highest paying loads I saw were 1.20 a mile. So I just filled my truck up and deadheaded back to Texas where I picked up a load for 2.10 a mile. I will not take another load west not worth it to me. I don’t know how anyone can make it hauling loads for 1.20 a mile. My truck is paid for and I still need 1.60 mile to break even.

jerrybearden
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🏴‍☠️Say no to cheap freight... Park your truck...

bcotrucker
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Heard a Bloomberg analyst saying today trucking is at the bottom. He said better days are coming soon.
Another great video !!
Thanks Miranda ✌️🇺🇲
Keep on Truckin Girl

bretyoung
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At this point, i don't think trucking will ever make it from comatose...

marshmallow
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Can you imagine 4 more years of "building back better"?

landriver
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I feel like greedy freight brokers are doing more damage to trucking than we talk about..

torinoman
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Thank you again Miranda for your viewpoint and opinion
🙏💜

tonyabowles
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Keeps on fighting and posting, it’s tough market right now!!

Hopefully after new government takes over layout many new policy!!

winnaung
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Thank you for an update. Really hard time. Who the hell takes those crapy loads…..

iulik