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XPO | Why Are We Sooo Slow

GO40 said:
I should have put the company I work for in my post (Abf) some wouldn’t know that....
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I wasn't replying to your post. I was posting a general post. It doesn't matter where you work some location will always be busier than others
 
icuicp said:
Freight sector flashes warning sign


"A suite of factors combined in 2018 to goose the freight market to record levels, from customers stocking up before tariffs took effect to new governmental regulation mandating electronic logging devices. Trucking companies across the country hired drivers and added trucks to meet the surge.

Kiswani is vice president at Kiswani National, a South Holland trucking company with nearly $30 million in revenue and 200 employees, 150 of them drivers. Around mid-February, the company saw volume drop, which was normal. But the flood of holiday merchandise that should have arrived by now hasn't materialized, which isn't. Drivers have been working just three or four days per week since March."

- Crain's Chicago Business
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Sadly, these types of articles will also trigger rate cutting, driver wages go stagnant, and companies like Amazon taking full advantage of O/O’s that need to turn revenue just to survive.
 
BIG R GUY said:
Sadly, these types of articles will also trigger rate cutting, driver wages go stagnant, and companies like Amazon taking full advantage of O/O’s that need to turn revenue just to survive.
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The trucking industry as a whole is like an erection. When it's up you drive it home like hell. When it's down you get by until the next time. The only problem is there no blue pill for it though
 
survy9 said:
Why is this a mystery? We're on the edge of a recession or may already be in one.

The transportation sector is always the leading edge. We turn down first, and we rebound first.
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Been one hell of a boom. It's going to be a mess of a bust.
 
sucker666 said:
Economy has been a boom since 2010
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And I'm not sure that they can't work things out and still have another 5 years or so of growth until the next financial hang up. Ultimately, there will be war. And they may blame it on this or that problem. But all war is economic. Be it goods or territory or the currency itself. During the Iraq war they said it was about weapons of mass destruction and oil. But it was about opium and gold. Cargo planes full running back and forth.
 
Bloodwidow said:
It because it’s the beginning of the end. They would rather run empties and sit trailers that are under 80 cube.
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When a company is more worried about the act of business than the action of doing business. And that's where we are.

Look at the LTLs showing double digit growth the last few years. We all see the reports. It's very clear. Move freight. Collect money. Repeat. If for whatever reason. You can't move the freight or collect the money. You stop doing that business. And look to move the freight. Collect the money.
 
radman said:
For the life of me I can't understand that. I have run more empties lately because the load is not heavy enough or not cubed out enough. Why not move what you have got loaded down the way instead of an empty???
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They'll keep doing that until a customer don't get the freight and **** them and lose the business and we'll be running singles
 
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