I have contacted several brokers during the week of Sept ember 10. Apparently, they think the Mexican truckers are here all ready and are looking for loads. Several of the brokers I contacted were brokering, what used to be good paying loads, for eighty to ninety cents a mile for OTR. Loads similar to this were going for $1.50 to $2.00 a mile just a few weeks ago.
With fuel costs at .53 cents per mile or more, what are these morons thinking?????? When I told them that there was no way that anyone could haul freight at those prices, they promptly hung up. By the way, I was polite.
Hopefully, there are no US truckers that will touch loads like these. However, freight rates do seem to be droping.25 to .50 cents per mile overall this week. Oil closed today at $80 a barrel. The logic fails me. Fuel price up - freight rates down.
The only logic I can see in this is , "If no one touches the cheap freight the low buck brokers go out of business and the next broker to pick up the account has to raise rates to move freight or they go out of business also."
The Mexican trucks are here inspite of what the news says. I just returned from 4 days in Texas and Oklahoma and saw about four trucks with Mexican Trucking Company names on them. Two of them had city of origin names of El Paso, TX on them and were brand new. The other two were ratty looking and looked like they would have a hard time passing any kind of DOT inspection.
Keep On Truckin!!!