Truckload Rates ‘tumbling’ In Q2

Topic 33070 | Page 1

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Pacific Pearl's Comment
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Truckload rates ‘tumbling’ in Q2, report says

I wish you all well - I expect to be up to my butt in rice paddy by the end of the year.
PackRat's Comment
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Good luck because more will be closing the doors this year. Glad I'm paid CPM and a company driver.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.
Dan67's Comment
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Just looking at the tender rejection rate percentage has me concerned. From 20% down to 3% means the market is really getting tight. Already freight at my job is tight and last week the upper management had to have discussions with fleet leaders taking each others loads for their driver boards, its getting cut throat. Too many drivers for not enough freight. I am a shift driver and we are having road drivers taking our local hauls away from us. I have not had a backhaul from Atlanta in weeks, Its been one load down and empty back. Normally on 3 loads a day to sometimes just 1.
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