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I won't surprise me to see the company slash in house employees because they are not making money either. I have small fleet of three trucks with Panther and between St. Paul MN and Pittsburgh PA I have seen two loads go out today. If you can get to Chicago not one truck is there. Stay away...

The disbatcher was wrong to tell them that the rate changed. The rates are still the same, but most of the freight is reduced right now.

I was told by one of my drivers that Panther reduced rates for refer units if the load is not a refer load. The new rate is $1.25 for non refridgerated loads. Most likely because customers can demand lower prices in this market. At least we have seen our loads go up in the last few days. I...

I posted this as a public service. I thought it would help develop ideas on ways to get out if you had to. What made me come up with this is my real estate investor coarse. Many people claim hardship and investors buy the property at a discount price.

It's not my plan. I would sugest this to all fleet owners. Break up your teams and keep the best driver out of that team. Offer the other driver employment when the freight picks up. A solo will do alright in this market maybe 500 to 600 a week. If your a team working for a owner it isll be...

Lets say you've had enough and you want out of the business. The only problem is you owe more on your truck then it's worth. Try doing a short sale with the bank and send them a letter of hardship. Tell them that you are going to sell the truck back because the economy is down and your not...

What happens if that load every two days is a mini or a 200 mile run and you have a team that shares .63 cents a mile. It's not going to cut it. 200 mile runs are ok for teams if they do two a day and sit a short time after the loads. They really need at least one 1,000 mile load a week if...

Great post Phil, good points. I think we are going to see half the expediting trucks on the road by this time next year. The load offers will increase and come more often when a good amount of owners call it quits. Those who are not diversified in trucking will not make it. What I mean by...

Thanks for the correction now I know what it is.

Not sure if Panther got the contract or not because we had two cheap loads from Ford last night. They were one mile loads going from the factory to Ford in OH. They only allow one piece on each truck. Both loads were 2,000 pounds and they sent a truck for each. No wonder they need Federal...

They lost a major contract to a unknown bidder at this time. Check out the article it's up to 90% of their automotive business. They feel that auto freight is going to drop to 15% of their business come Febuary. Express-1 Expedited Solutions Announces Loss of Its Primary Contract Within Its...

I talked to Adam Walter at Panther yesterday. I wanted to get a update on the fleet. They have lost 60 straight trucks since January 1st. He expected one of two things to happen. Freight spikes soon or more trucks will leave panther. If I remember correctly his break down was 650 straight...

DHL went out of business do to poor mangement leadership. They ran buildings with independent owners mix in with company employees. Their on time service was only 80% of US ground shipments. FedEx and UPS are 98% on time and thats the industry standard. DHL in one word was a mess and lacked...

Not sure Moose, but I know DHL brokers some loads to Panther. Now thats gone.

As a multi route owner at Fedex Home Delivery I can honestly say that solo's opperate in every state exception of California.

Well we seem to get growth every year and I am not sure how in this enviornment, but I am going to say exceptional service. We are winning lots of new accounts as shippers buy into the independent contractor model. We are also gaining accounts that DHL once held. DHL is on the verge of going...

I can see why it would be better to run it stand alone. You can see your cashflows and you can have seperate business credit. What I was refering to is my loans are rather new and I don't have enought cash on hand to take a 50% loss on each truck. I know that the trucks I bought just a few...

Phil I appreciate you point of view on the business. My trucks are older used trucks that are financed for 32 months. I have three 22ft straight trucks. 2001 Kenworth T-800 with Cat C-10. 2002 Freightliner Century with same thing lift gate and Refer. This truck also has a Cat C-10 They have...

If you deadhead a long distance home. You owe it to the owner to at least have him try to get a backhaul or a expedited load going close to home. If the owner pays for fuel you should not abuse that. If you paid for the fuel would you drive a 1000 miles home? I can understand why he would...

Thanks for the advice. I really do enjoy reading my copy of Expedite Now when it comes in. I am going to hang in there I am rather new to expediting. I got my three trucks at the begining of this year so I don't really have the option to park them more then a month or two. Selling them at...