Aug 22, 2017 • Carriers

Truck Freight Rates

Truck Freight Rates

Truck Freight Rates

Before getting into the details surrounding truck freight rates and how owner-operators can find the best one, it’s important to understand what is a good truck freight rate and how are rates determined.

What is a Truck Freight Rate?

A Truck freight rate is simply the price or rate a broker or shipper is willing to pay a carrier to haul a load. Essentially, it’s what you will be paid to haul a load. Our focus here is regarding truck freight rates for owner operators and carriers with authority.

Where Can I Find Truck Freight Rates?

You can find truck freight rates on load boards like Truckloads. Search over three million monthly truck loads and filter your results based on location, trailer type, weight, pick up/drop off date and more. Use Truckloads free load board to view a freight broker’s credit rating, days to pay and call brokers directly from the mobile app to book the best freight rate for you!

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How are Truck Freight Rates Calculated?

Truck Freight rates are calculated based on a variety of factors including the current market conditions, demand levels, overall weight or size, distance traveled and the type of goods being shipped. Certain routes and areas will offer higher freight rates because the supply of loads is so great, therefore the need for carriers will be higher.

Keep in mind that truck freight rates are often set by a freight broker who takes a portion of the total rate a shipper is willing to pay and pays the carrier the difference. This rate is often negotiable and can fluctuate.

If a shipper is sending valuable equipment that is extremely heavy, chances are the freight rate is going to be very favorable for carriers.

Since the truck cargo that needs to be shipped is valuable, there is additional desire to find qualified carriers. Of course, you’ll need to have the right equipment and trailer necessary to haul the specific load.

What Loads Pay the Best Truck Freight Rate?

In order to maximize your earnings, you’ll benefit from hauling loads with the best freight rate as often as possible. Freight rates are typically paid by the mile and can range from $1.50 to upwards of $4.00 or more per mile. Typically, the best freight rate is for flatbed loads but this is not necessarily always the case.

We surveyed over 150 experienced owner-operators asking them what they think are the best freight rates. 59 percent considered $3.00 per mile the best rate for carriers while 32 percent said $2.00 was a fair freight rate.

While these are ideal freight rates for the carrier, they are often times difficult to find in most areas and the volume of freight shipping at these rates can also be limited.

TagsOwner Operators

Trucker Spotlight - Fredrick Claxton <em>The Trucker Spotlight series explores the lives of truckers and their journey to make a difference in their industry. We interview different truck drivers to understand some life lessons that make them who they are today. We also learn more about their motivations, and the problems that they encounter on the job. We also tackle how Trucker Path's solutions helped them with what they do. The information that they provide helps inform other people who are looking to delve into the trucking world.</em> <h2></h2> [img src="https://truckerpath.com/uploads/2021/03/202102-BLOG-TP-TS_Fredrick-Claxton-2.jpg" alt=""] <h2></h2> Today we are putting the spotlight on <strong>Fredrick Claxton</strong>, who's also known as Choicemas on Youtube. A trucker since 2016. Born and raised in NY, he's a creative soul who loves music and art. He didn’t come from money and faced many serious challenges in life. A father of 3 beautiful and brilliant children and has been Married for 27 years. Let's get to know "Choice" as his friends call him and his life as a trucker. <h2></h2> <h3></h3> <h3><strong>Tell us more about who Fredrick is. Any trivia?</strong></h3> I love my dogs “Milkshake” and “Brooklyn” raised, trained, and bred Pitbulls for a better portion of my life. I’m a thrill seeker, as me and my daughter jumped out of a perfectly good plane over the Gold Coast of Australia landing on the beach last year. I love to build my relationship with the MOST HIGH, and I am extremely interested in cultures, how people think and move, behaviors. I’m somewhat of a compulsive thinker. <h2></h2> Here is a short story about when I was 3 years old. My parents were in the Military and it was about 7am in the morning and my mother heard a knock on the door: clueless to who it could be so early in the day she woke and opened the door only to see a complete stranger holding my hand in one hand and a big wheel tricycle in the other hand. My mother was taken by surprise and was very thankful for the stranger bringing me home. When my mother asked where he found me, the stranger explained that I was casually riding my tricycle down the side of a road. The theme of the story has stayed with me throughout my life. I’m always ready to go, ready to travel, fearlessly setting out on new adventures. <h2></h2> The Star of my YouTube Channel is my 9 month old, beautiful mixed Pitbull puppy, “MILKSHAKE”. <h2></h2> [img src="https://truckerpath.com/uploads/2021/03/202102-BLOG-TP-TS_Fredrick-Claxton-3.jpg" alt=""] <h2></h2> I am the Co-Founder and president of the “Truckers Feeding The Homeless” organization. In the past 2 years we’ve fed and clothed over 1,000 less fortunate men, women, AND CHILDREN in Louisville and Dallas. This year we will be feeding 300+ less fortunate people in Houston, TX... as well as supplying them with hygiene packages and clothing. <h2></h2> <h3><strong>What made you decide to be a trucker?</strong></h3> I was working in the same job for 15 years, facilitating classes to Motivate and inspire Management teams with GAP Inc. also forged relationships with Community based Orgs such as Habitat for Humanity, Fred’s Pantry, and AIDS Walk NY. Unfortunately, the company’s direction was not what it was when I started. I decided I wanted a change. I like music, I like driving, and I live traveling. I thought about getting a CDL and pursued it. I chose Flatbed and enjoyed the position very much. <h2></h2> Now I have my own of my trucking company, STC Trucking LLC. STC stands for stop the clock which is the theme and titles of my live feeds. <h2></h2> [img src="https://truckerpath.com/uploads/2021/03/202102-BLOG-TP-TS_Fredrick-Claxton-4.jpg" alt=""] <h2></h2> <h3><strong>In the years that you have been driving, what are the significant changes that you've noticed in the trucking industry?</strong></h3> I’m not sure I’ve been around long enough to speak to what’s changed significantly. I hear seasoned veterans speak of the significant changes and differences all the time. May would say the HOS and ELD mandate, however I began my career in the ELD time. If I had to say something about significant change, I would say that more and more drivers, especially new generation drivers are becoming more and more aware of the Truck Stops, Mega Carriers, taking full advantage of drivers in ways that do not show an appreciation for what we do. Truck driving is listed in the TOP 10 Most dangerous jobs in the world, and many are away from their families, and there are truck graveyards out here that unfortunately are locations where lives were lost. This country, this WORLD can not and will not move without Trucks. Everything and anything from the grass and front lawns of neighborhoods, to the nuts and bolts of technology, to the building supplies, to the... list goes on. Look around. With that said, many new generation drivers are steering their way into their own trucks as Owner Operators, giving them more power, control, and a say out here on the road. <h2></h2> Something that really NEEDS to change (which I think would be a great question to ask) is compensation!!! Even the Militaries that protect countries NEED trucks. Why is that truck drivers are being compensated with border line poverty salaries? I truly believe all truck drivers should make no less than 80k a year if not six figures. Too much sacrifice, and very dangerous, and unhealthy to receive less than. <h2></h2> [img src="https://truckerpath.com/uploads/2021/03/202102-BLOG-TP-TS_Fredrick-Claxton-5.jpg" alt=""] <h2></h2> <h2></h2> <h3><strong>What made you start your Choicemas Youtube channel?</strong></h3> My mother was fighting cancer at the time. Knowing she couldn’t join me on the road, she wanted me to document my travels. So, she purchased a GoPro action camera for me. Soon after posting videos, for my family to watch, I received a considerable amount of feedback from other truckers. Especially truckers new to the industry, as well as others considering acquiring a Class A License. I received a substantial amount of email, and comments on my videos stating how inspired and encouraged they all were, and thanking me for creating the videos and documenting my journey. In turn, they inspired me to built the YouTube Channel. <h2></h2> My friends and family calls me "Choice”. It is a handle I was given by friends in High School. They also nicknamed me “M.A.S” (pronounced like *mass). MAS is an acronym for Mind And Spirit. Hence the name, “Choicemas”. <h2></h2> <h3><strong>What attributes must one have in order to be a successful truck driver?</strong></h3> Patience, Resilience, Foresight, Safety Mindset, Time Management <h2></h2> [img src="https://truckerpath.com/uploads/2021/03/202102-BLOG-TP-TS_Fredrick-Claxton-6.jpg" alt=""] <h2></h2> <h3><strong>What's the most memorable experience you've had while over the road?</strong></h3> I had a “Ghost” or “Spirit” encounter on the road at night in Montana in the dead of winter. I’m not crazy, and they say seeing is believing. <h2></h2> <h3><strong>What's your favorite Truck Brand / Model? </strong></h3> The 389 Peterbilt, as it is a classic, clean, and mean looking machine. It is a beautiful truck. I now finance a 2021 Black & Chrome 389, and enjoying every minute of it going down the road. <h2></h2> <h3><strong> Aside from being a trucker, any other things you dream of doing?</strong></h3> I dream of owning a ranch/farm in the desert with an outdoor kitchen and an in-ground pool. And in 2 years I will have that dream. I also dream of traveling the world to as many different countries as possible, and will live to explore each culture and aim to create an intimate relationship with every new culture... the way of life, the culinary, the art, the music, and most of all the people. <h2></h2> [img src="https://truckerpath.com/uploads/2021/03/202102-BLOG-TP-TS_Fredrick-Claxton-7.png" alt=""] <h2></h2> <h3><strong>What's the best truck stop for you?</strong></h3> I can’t say that I have a best truck stop. I like 1-80 Wolcott just because I like to browse the store really. I frequent LOVES truck stop the most only because they offer the best in rewards. <h2></h2> <h3><strong>What was the worst breakdown or setback you've experienced while OTR?</strong></h3> I got jammed up in a Blizzard in Lake Tahoe for 5 days in 2017. Worst blizzard Lake Tahoe had seen in 5 years a resident told me while getting something to eat in a nearby gas station. I also had to dig my truck and trailer out of the snow. After 5 days of snowfall the snow was up to my door and the trailer completely snowed in as well. I ended up parking in the street as there was nowhere else to park and Bull dozers plowed around me every day and night. <h2></h2> <h3><strong>We're glad that you use the Trucker Path on your day to day trucking. What features do you enjoy the most?</strong></h3> I do use <a href="https://sixdays.page.link/tLUu">Trucker Path</a> every day. The features I enjoy the most are “Places”. It would also be amazing if I could be able to pull Gyms and Wellness centers up in the “Places” feature soon. It would also state that TP considers the health of drivers. I love that I can check the reviews of each place and especially WalMarts to see if parking is allowed (for trip planning purposes). I also like the breakdown it gives of each place, listing such things as Laundry, Fuel, Truck Service, Etc. One thing I don’t see on there are “Pet Bathing Services as some of these truck stops have them. I use the Map constantly. It really helps me to escape traffic jams when I need to get off at a random exit to move around a traffic jam. <h2></h2> <h3><strong>What are some tips that you would like to share for aspiring truckers?</strong></h3> Tips for aspiring truckers: Never give up, have a mindset that speaks “failure is NOT an option. If you must start your career with a mega carrier, get your 2 years experience, keep your license clean, no accidents or tickets, and you can choose your path after that. Choose a smaller company, get away from the Mega Carriers and KNOW what you want and what you DON’T want, and go for it!!! NEVER BE AFRAID TO ASK QUESTIONS!!! PRACTICE self-advocacy in any situation and with any employer. Over communicate. It is imperative to communicate as much as possible with dispatch, brokers, shippers, and receivers. It will save a ton of headaches and unexpected challenges if a driver is 2 steps ahead and has all the information they need as well as provides all the information they can. Be considerate!! There is a list comradeship out here that once existed. Be the better man/woman and give positive energy ALL the time, as it will return in a positive way. For Flatbedders a serious piece of advice would be dress for the weather. It can be freezing outside, but that doesn’t mean we have to be freezing. If you dress correctly it will not intimidate you. Hiking socks are the way to go ALWAYS, because they let your feet breathe in the summer and keep your feet warm in the boot in the winter. Several pairs of gloves, base layers, bibs, and more. There are plenty ways to stay warm out here. I do. [img src="https://truckerpath.com/uploads/2021/03/202102-BLOG-TP-TS_Fredrick-Claxton-8.jpg" alt=""] <h2></h2> <h3><strong>Where can people watch your videos on Youtube?</strong></h3> They can view my videos on my Youtube Channel, <a href="https://www.youtube.com/user/choicemas">Choicemas</a>. <h2></h2> <iframe width="560" height="315" src="https://www.youtube.com/embed/Dvvw7KwR-y4" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> <h2></h2> Hope you guys enjoy! <h2></h2> <h2></h2> <h4>By Aldous Aldwin</h4> <h3></h3> <h3></h3>

Mar 26, 2021 • Community

Top 10 Counties For Cargo Theft [p]Cargo theft is a growing concern for the trucking industry with driver safety at the forefront. Here's a closer look at the worst areas.[/p] [h2]Top 10 Counties for Cargo Theft in America[/h2] [p]Being a truck driver is the most dangerous job in America and the threat of cargo theft from potentially armed thieves looking to steal truck cargo escalates the risks for truck drivers.[/p] [p]According to CargoNet, there were 836 occurrences of cargo theft resulting in an estimated $172.9 million in losses during 2016. [a href="https://app.appsflyer.com/com.sixdays.truckerpath?pid=Social Facebook"]Los Angeles County had 329 thefts reported from July 2013 – July 2016, the most of any other county in America.[/a] The worst state for cargo thefts was California, with 228 thefts, an increase of 36 percent from 2015. The most common day of the week for cargo thefts was Friday with 164 incidents. There was a 5.1 percent decrease in total cargo thefts in 2016 compared to 2015.[/p] [ol-2] [li]Los Angeles County, CA[/li] [li]Dallas County, TX[/li] [li]San Bernardino County, CA[/li] [li]Chicago Cook County, IL[/li] [li]Miami-Dade County, FL[/li] [li]Houston Harris County, TX[/li] [li]Tarrant County, TX[/li] [li]Edison Middlesex County, IL[/li] [li]Bolingbrook Will County, IL[/li] [li]Riverside County, CA[/li] [/ol-2] [img src="https://truckerpath.com/uploads/2017/02/cargoNet.jpg" alt=""] [h2]Most Common Cargo Theft Locations[/h2] [ol] [li]Warehouse/Distribution Center – 329[/li] [li]Other – 295[/li] [li]Parking Lot – 170[/li] [li]Secured Yard – 166[/li] [li]Unsecured Yard – 120[/li] [/ol] [h2] Avoid Cargo Theft - Find Truck Parking with Trucker Path [/h2] [p] With over 8,000 locations to find parking in our app, you can find safe truck parking at the truck stop, rest area even Wal-mart of your choice. We even have a list of the <a href="https://truckerpath.com/blog/best-truck-stops/">best truck stops in America!</a> [p]Best of all you can see how many truck parking spots a truck stop has and see if there are any available in real-time. Download our free app today in order to save yourself time and provide you with the peace of mind you deserve.[/p] [button-green href="https://truckerpath.com/trucker-path-app/?utm_source=blog&utm_medium=cargotheft2015"]Learn More About Trucker Path![/button-green] [video id="NSSOwFRJaQw"] [quote]“Cargo theft continues to be a pervasive issue,” said Anthony Canale, general manager of CargoNet. “Our 2015 year-end report indicated 881 incidents of cargo theft took place across North America. That increased from 844 cargo thefts reported in 2014 and accounted for more than $175 million in goods. While thieves continue to get more tech-savvy with their approaches, there are measures that can be put in place to stop them, ranging from proactive deterrence tactics to extensive recovery assistance.”[/quote] [img src="https://truckerpath.com/uploads/2017/02/CARGO-THEFT-FB.jpg" alt=""]

Feb 03, 2017 • Carriers

How Do Freight Brokers Find Shippers [p] Freight brokers need to find shippers in order to connect them with carriers and move freight. How do freight brokers find shippers is an age-old question and one new freight brokers need answers too. Here are seven ways how freight brokers find shippers.[/p] [h2] How Do Freight Brokers Find Shippers? [/h2] [p]For freight brokers to find shippers, it's important to understand consumer products. Who manufactures them? Where do they come from? How many products do they sell? These are the sort of questions you need to target to know how freight brokers find shippers.[/p] [h2] 1. The Leads Surround You [/h2] [p]Look around you, regardless of where you are the things you see were most likely freight hauled and delivered by trucks, after all, over 70 percent of all freight in America moves by truck. Furniture, office equipment, consumer electronics, clothes, they are all types of freight that shippers need to be hauled from one point to another. As a freight broker, you can find shippers by doing research on the products you see every day to find out where they are manufactured and how they are transported. [/p] [giphy] <iframe src="https://giphy.com/embed/xT39CYwjsPWvIfw6UE" width="480" height="270" frameBorder="0" class="giphy-embed" allowFullScreen></iframe>[/giphy] [h2] 2. Review Your Purchase History and Compare [/h2] [p] Drawing a blank or feeling helpless in finding shippers? Reviewing your own purchases can be a great starting place. Whether it's the receipts from the store or your online Amazon order history, the products you purchase are manufactured and transported from somewhere. [/p] [p]As a freight broker looking to find shippers, you have to get creative at times and go beyond the normal trains of thought. Understand how companies are connected and if one lead doesn't pan out or isn't a viable option, don't give up, there are seemingly endless possibilities. [/p] [h2] 3. Look at the Competition [/h2] [p] Every product that is moved by freight has competitors, it's a natural occurrence and a driving force of the capitalist economy. Take a large company like John Deere. They proudly manufacture varieties of tractors with manufacturing plants in Iowa, Wisconsin, and Georgia. [/p] [p]Despite being a Fortune 500 company and having a tremendous market share, John Deere has a lot of competition in the tractor industry. Using a tool like <a href="http://financials.morningstar.com/competitors/industry-peer.action?t=DE&region=usa&culture=en-US">MorningStar Financial </a> you can get insight into who's its competitors are by clicking on the industry peers tab. Freight brokers can do this search for any publically traded company.[/p] [h2] 4. Use MacRae's Blue Book and Other Shippers Lists [/h2] [p] <a href="http://www.macraesbluebook.com/menu/product_heading.cfm?groupid=2533">MacRae's Blue Book</a> is an industrial directory that provides detailed information about manufacturing companies. You can search through companies based on the types of products they manufacture and the detailed information about a company will even include freight rate estimates for you to compare. [/p] [p] Other manufacturing lists such as <a href="https://truckerpath.com/uploads/2017/08/Top-500-Manufacturing-Companies-USA.pdf">The Industry Week 500</a> are great guides to help freight brokers find shippers. Companies such as Boeing and General Electric have a tremendous amount of supplies both in receiving and shipping of freight. Use the list as a starting point to help you find suppliers for these companies. [/p] [p] Ever wonder how many parts are required for Boeing to build one of its 737 planes? 367,000 parts. Suppliers of those parts are sourced from all over the nation (even world) and are often times small to medium sized businesses that may not have the resources to handle their own freight. This is where freight brokers can use the magic of Google to find shippers. [/p] [p] Search <a href="http://www.airframer.com/aircraft_detail.html?model=B737">"Boeing 737 Suppliers" </a> and boom, a full list of the suppliers for the aircraft including company details and contact information. [/p] [h2] 5. Livestock, Produce and the USDA [/h2] [p]Produce is shipped across the country to satisfy consumer demand. Who doesn't love guacamole even in the winter time just in time for the big game right? Produce locations vary based on the season, though you can conclude that Florida has fruits, Texas has avocados, the Midwest has corn and the Pacific Northwestern has apples. [/p] [p] You can use the <a href="https://www.ams.usda.gov/services/business-listings">USDA business listings</a> to locate farmers that grow crops or raise cattle, poultry, and other livestock and contact them as well.[/p] [h2] 6. Satellite View of Company Buildings [/h2] [p] Continuing to rely on Google and being imaginative in your searches to find shippers, freight brokers can use Google Maps satellite and street views of a building to see if it has shipping and receiving docks. You can spend hours just going street by street in industrial areas, verifying if a location has docks. From there you can do research the company to find out what they do and find out how they ship freight. [/p] [h2] 7. Cold Calling Shippers [/h2] [p] Yes, cold calling is still alive and well. Once you find a shipper you will need to contact them in order to gauge their potential interest in using a freight broker. It's easy to send a quick email but the chances of getting a response are quite low. The best way to connect with shippers is by calling them directly and be straight-forward in your dialogue. [/p] [p] A sales pitch isn't necessary and can be off-putting, but you should describe who you work for, company background or achievements, where you're looking to move freight through and see how you can be of assistance. Remember, you are there to provide them a service so it's imperative that you listen to their needs and how you might be able to address their pain points.[/p] [p]You'll need to understand how the shipper currently transports freight and see if there is an opportunity you can capitalize on. Undoubtedly, a significant portion of shippers will turn you down, but it's a numbers game and you'll never know if you have potential clients or not until you call.[/p] [h2] Relationships, Trust and Load Boards [/h2] [p] Finding shippers is only one aspect of the journey to be a successful freight broker. You'll need to cultivate relationships and build a reputation for being dependable when servicing your shipping clients. To do this you will need to rely on load boards like <strong>Truckloads</strong> with over 100,000 qualified carriers that you can connect with to haul freight for the shipper. [/p] [p]As a freight broker you'll also want to develop a rapport with carriers, especially the qualified ones. Once you use a carrier to move freight that you trust and have a good working relationship with, continue to use them and provide them with the opportunities they desire to maintain the relationship. [/p] [video id=snyBYpnuhWw] [button text="Try Truckloads for Free" href="https://ship.truckerpath.com/signup?utm_source=blog&utm_medium=findshippers&utm_campaign=Aug16" width="250px"]

Aug 16, 2017 • Brokers