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Originally Posted by GMAN
I have been offered rates less than $1/mile recently. A number have been around $1.20-1.50 and that is going to bad areas. issedoff:
Since there are fewer and fewer carriers available to haul cheap freight, I can't imagine this particular downgrade in rates will last very long. I would assume it has to do, at least in part, to the decrease in fuel costs - shippers and brokers thinking they can get it hauled for ridiculously low rates, and some carriers complying. If it sticks around for any length of time, I'm sure we'll see more carriers going out of business. When the economy does turn around (and it will), it should be quite interesting.
There are clearly good things ahead for those who can manage to stay in business.