Depends on what you are buying and selling at. With regards to utilities, they can be fairly stable because most utility companies have little competition. Need upgrades or anything else, they just raise the rates.
Have You Heard of XPO Logistics, Inc.? If not, you soon will.
- Thread starter ATeam
- Start date
Depends on what you are buying and selling at. With regards to utilities, they can be fairly stable because most utility companies have little competition. Need upgrades or anything else, they just raise the rates.
lir47942
Seasoned Expediter
In the year and a half I have been with them no layover pay and the dead head rate is now .15 per mile after 75 miles
Wow....a whole .15 cents.
DH 100 and you might have enough for a candy bar.
As mentioned,
Good for investors, pretty questionable for contractors.
Falligator
Expert Expediter
If things don't start picking up, I'll be thinking of a move to greener pastures. I know they're out there... somewhere.
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Dakota
Veteran Expediter
I have no doubt they are out there...
But this I put to you....
Do you want to run the miles for the sake of just moving?
or do you want to run for the money?
...because right now there is no having it both ways....it just ain't out there...
Falligator
Expert Expediter
Yeah, just got done talking to TJP says its slow for him too. Good with the bad. Last month was decent for me, but like you said earlier. I got a van sittin that Im making payments on. I've been considering using some of this money I saved, fixing the ac, getting my own comm insurance. But with everyone slow, I just don't know. Guess just TRY and save what little scraps I do get and keep on rollin. Could be worse and unemployed.
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Posted with my Droid EO Forum App
Falligator
Expert Expediter
Why not? You can run a straight truck at sprinter rates. All miles and as many as you can get.
Falligator
Expert Expediter
Now that is the part some just don't or won't get....
The regulatory question aside, Express-1 (XPO) is a story stock. A private equity firm is about to inject up to $150 million into XPO with the intent of building it into a multi-billion dollar company. The number of available (and potentially available) shares will be fixed at a certain level when the deal is approved by stockholders (assuming the deal is approved). Buying shares in this small company today with the view that it will be a bigger company tomorrow makes sense to me.
I'm not looking at the regulations under which the company operates. I'm looking at the growth potential it has. Jacobs has a proven track record and the market analysis and growth strategy stated in the proxy statement seems plausible to me.
It is going to be very interesting to watch not only XPO stock but also Jacobs in action once he is seated behind the wheel (September 1, assuming the stockholders approve the deal).
Full Disclosure: Diane and I own shares of XPO.
lir47942
Seasoned Expediter
OVM is working too hard, you need to go to Load 1 and help him out
would go to load one in a heart beat if and when they start taking vans again
chefdennis
Veteran Expediter
lir wrote:
Hey we sit just like others, we just get paid to do it then we get paid to move when the need comes up...the difference is we are making good money and driving less, so the sitting is alot easier to take because we know the carrier will take care of us and that dispatch is working to get us moving..and the fact that the owner knows where every piece of equipment in the fleet is and if it is moving or sitting and if sitting, he can tell you how long to the minute...and when he feels the need, dispatch knows he knows whats going on...
Contracting to Load 1 is not for everyone, but when you sit back and look at whats out there verses load 1, i really can't see how those that were here could adjust there way of doing things to stay here...but it happens, people come and people leave....
lir wrote:
Not to be a "pita", but i wouldn't hold your breath on that happening....i can tell you that recruiting has a list of people that will go buy a bigger unit that will carry 3 skids at a minimum waiting to get on at Load 1...Cv's just aren't what is working at Load 1....yes they get freight, but no where near what the bigger units get...
Hey we sit just like others, we just get paid to do it then we get paid to move when the need comes up...the difference is we are making good money and driving less, so the sitting is alot easier to take because we know the carrier will take care of us and that dispatch is working to get us moving..and the fact that the owner knows where every piece of equipment in the fleet is and if it is moving or sitting and if sitting, he can tell you how long to the minute...and when he feels the need, dispatch knows he knows whats going on...
Contracting to Load 1 is not for everyone, but when you sit back and look at whats out there verses load 1, i really can't see how those that were here could adjust there way of doing things to stay here...but it happens, people come and people leave....
lir wrote:
Not to be a "pita", but i wouldn't hold your breath on that happening....i can tell you that recruiting has a list of people that will go buy a bigger unit that will carry 3 skids at a minimum waiting to get on at Load 1...Cv's just aren't what is working at Load 1....yes they get freight, but no where near what the bigger units get...
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moose
Veteran Expediter
"Moose the formula they use is they take the MIDWEST average...which is the 2nd lowest in the nation...and they round off to the lowest number... so if its at say 27.9 cents you get .27..."
O.K, there are 6... got to give'em a twelves FedEx points for lowballing creactivity .
purgoose10
Veteran Expediter
I got an e-mail from Fed Ex with the rates they are paying. I returned the e-mail and asked them what they paid for a 14' Ultramaxx. 85c a mile + FSC. No wonder no one there is happy.
I have never dealt with Express one or XPO or whatever you call it and reading these posts I don't think I ever will. Everyone knows that Bolt runs low rates but not much said about them or their rates but Express 1 must be something.