They did almost 50mm in sales - can you believe this?
Cheap Freight of the day
- Thread starter MyTrucksMyRates
- Start date
yep. its prob somewhat accurate based on my knowledge.
You'd be surprised that number of brokerages / forwarders in Ontario that do more than 20mil + annually.
York Region & Simcoe County businesses spend 3.5 billion CAD in transportation spend annually... this excludes warehousing.
Ontario did about 33 billion CAD in output for transportation and warehousing in 2023.
Here is more additional stats from our paid research reports.
Local Cartage Trucking in Ontario is $6.1bn in 2024
Local Cartage Trucking in Ontario is $7.4bn projected for 2025
We are happily working hard to take our share of the pie, being a local cartage company.
Local Cartage Trucking in Ontario is $6.1bn in 2024
Local Cartage Trucking in Ontario is $7.4bn projected for 2025
We are happily working hard to take our share of the pie, being a local cartage company.
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They will if everyone says no all it takes is what two days and docks are full rates go up. Supply and demand we as carriers need too create a false demand by all saying no too all the cheap shit the cheap shit still needs to move so the rate will have to go up if they cannot cover at the amazing rates some are offering now.
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Can we somehow involve the government in this plan as well ? That surely will turn out fine !
you know involving government gives them control and would charge fees to us and consumers we all loose then
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So we will centralize the rates for all combinations of lanes x trailer type x freight volume, but we cannot let the government or a private 3rd party be in control, because they will abuse the power for their own benefit. We need crypto trucking !
That concept didn't work to well for Canada Bread.... or Gas stations.... price fixing is a no no in the public eyes.
Can't wait to get pumped on dumped on a shitcoin lane, truly the future
Hard Pass.
Give me capitalism and free market.
Does it suck right now? Sure. But I can also tell you the revenue on my book has grown by 92% from 2023 to 2025. There is literally opportunity everywhere.
Not sure if you were around prior to De-Regulation, but, it wasn't an equal playing field either, even though it was supposed to be. Associations monitoring (price fixing) rates...You were to choose a carrier by service or region. the truth was, what ever companies were willing to buy a customers business won. Trips/freebees/stuffing pockets...the real winners were the traffic Managers. The losers were the paying customers. Carriers had to determine how thin a net margin they were willing to work with. It was a different time, but, one way or another, it was the same. It too was a race to the bottom, just a different route.
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I don’t want to sound uncaring or dismissive, but the cyclical nature of transportation means there will constantly be times of low rates and times when rates are better. If you are having difficulty surviving the low rate periods, this can be a good opportunity to take a long hard look at your operation. Reduce overhead wherever possible, stop servicing unprofitable customers and most importantly, make your company more nimble and able to pivot when market conditions change, as they always will. At the end of the day, if you are still constantly struggling to keep your head above water, perhaps transportation isn’t the field for you. Complaining about low rates, although it might offer some temporary relief, and blaming others (shippers, brokers, etc.) for causing your challenges, is not a good long term business strategy.
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Their issue is brokers is all they have for customers and living and dying off the internet load boards will be a slow death is a tight economy. If you want to survive or have a better chance of doing so get rid of the brokers as much as possible, Brokers can be your best buds all they want but at the end of the day they care about their business profitability not yours. The scummy ones do not care about carriers ever and we all know who those ones are.
Wont happen in our lifetimes. Brokers have become the logistics departments of too many companies to cut them off. Its cheaper and more efficient for shippers. There was a time where companies employed multiple people (actual departments) to source/vet/trace carriers and their shipments. Now its done by one person who has their real job to do on top.
The Caramilk secret lies in dealing with the good brokers, and, letting the others die on the vine.
So I've seen a VERY slight shift where companies are taking back control from brokers/3pls/management companies.
Had 2 different companies ask my opinion on 3pls/freight management as their contracts are up in 2026. Both were looking at taking back control from the 3pls, multiple pain points but most of it was the revolving door of reps causing bottlenecks.