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Huge moving truck imbalance

Posted By: 360view

Huge moving truck imbalance - 11/16/20 11:59 AM

https://www.msn.com/en-us/news/tech...s=3yci4dukcsn1zrull8hh&ocid=BingNews

Sample quote

U-Haul changes truck prices regularly, but Perry has noted the pattern over time. Checking online recently, he noted that trucks going from Phoenix to San Francisco were only $311, but going the other direction it cost $2,500 – roughly eight times more. He checked cities in other top destinations for Californians, including Texas, Washington and Nevada, and found all outbound rates to be exponentially higher than inbound ones.

The high demand and high prices have created perfect market conditions for exploitation. Scammers are cashing in.

End quote
Posted By: Mastershake340

Re: Huge moving truck imbalance - 11/16/20 01:42 PM

I haven’t checked rates, but I did hear a couple months ago there was a 2 week wait to reserve a U Haul in Chicago. So many people wanting to move out it’s hard to get a truck!
If the governments in some of these states where they’ve succeeded in driving out residents by the droves want to increase revenue, maybe they should start some state and city moving services to compete against companies like U Haul, Penske and Mayflower? twocents
Posted By: wingman

Re: Huge moving truck imbalance - 11/16/20 01:48 PM

That is crazy high, but in a way it is simple logistics.

You don't make any money moving an empty truck--only a full one. So when 1-way moves are out of balance, rentable vehicles "pool" in certain areas and get scarce in others.

The only options they have is to have employees drive empty trucks back to the needed areas which is 100% money loser, or adjust prices to try to influence the trucks to "flow" where they are needed.
Posted By: Bad340fish

Re: Huge moving truck imbalance - 11/16/20 05:47 PM

Originally Posted by wingman
That is crazy high, but in a way it is simple logistics.

You don't make any money moving an empty truck--only a full one. So when 1-way moves are out of balance, rentable vehicles "pool" in certain areas and get scarce in others.

The only options they have is to have employees drive empty trucks back to the needed areas which is 100% money loser, or adjust prices to try to influence the trucks to "flow" where they are needed.


Yep, doesn't sound like a scam at all. Sounds like business!
Posted By: DirectSubjection

Re: Huge moving truck imbalance - 11/17/20 03:30 AM

Happens with cars too, just on a lesser scale. Places like Vegas may charge more to drive in and drop ff than pick up and go
Posted By: HemiSportFury

Re: Huge moving truck imbalance - 11/17/20 04:05 AM

The bad thing about this is the moving truck is full of the same political opinions they are running from. I live is a state they already did this to.
Posted By: Fat_Mike

Re: Huge moving truck imbalance - 11/17/20 04:39 AM

up up
...which will get this thread whacked.
Posted By: Guitar Jones

Re: Huge moving truck imbalance - 11/17/20 10:24 PM

Originally Posted by 360view
https://www.msn.com/en-us/news/tech...s=3yci4dukcsn1zrull8hh&ocid=BingNews

Sample quote

U-Haul changes truck prices regularly, but Perry has noted the pattern over time. Checking online recently, he noted that trucks going from Phoenix to San Francisco were only $311, but going the other direction it cost $2,500 – roughly eight times more. He checked cities in other top destinations for Californians, including Texas, Washington and Nevada, and found all outbound rates to be exponentially higher than inbound ones.

The high demand and high prices have created perfect market conditions for exploitation. Scammers are cashing in.

End quote

So let me guess, this was written by some snot nosed college graduate that wants his student loans forgjven. I suppose they procured a $100,000 government grant to research this too when anyone with two brain cells to rub together could have figured this out years ago for free.
Posted By: Guitar Jones

Re: Huge moving truck imbalance - 11/17/20 10:28 PM

So just curious, do Uhaul trucks in Cali have Prop65 warnings on them?
Posted By: 71TA

Re: Huge moving truck imbalance - 11/17/20 10:58 PM

At 57yo, my next move, I'll fit everything I need in the bed of my pickup. Under the bed cover. Like the Beverly Hillbillies smile

Heck, appliances are junk in 5-10 years now. I don't buy high end furniture - would be cheaper to buy new than the hassle of moving it. I shop at Lands End and Carhart. 1/2 the stuff in my closet/dresser I don't wear anyway. I own one suit for weddings and funerals. Guess I'd take that.

Wife and I looked at a house a couple months back. I told the wife if we put in an offer I'd tell them I want all their furniture if they want to do the sale. Much nicer stuff that our Salvation Army rejects smile
Posted By: Cab_Burge

Re: Huge moving truck imbalance - 11/18/20 12:23 AM

I remember when the car rental companies in SO CA would pay us to drive cars from L.A., Long Beach and other large cities in SO CA to Palm Springs in the fall and again in the spring to drive them other places they wanted them in up
When I called around to reserve a large 24 ft. box van rated under 26,000 Lb. GVW, to move my shop stuff from SO CA to Oregon it was much cheaper to rent it for a week and drop it back off at the same place than it was to rent it one way to Bend, OR and ride home with my wife in our truck towing my 24 Ft Pace car trailer that we used to haul more shop and parts in shruggy
It, the box van, had a Cummins diesel motor in it with a automatic tranny and wasn't to bad on fuel, empty or loaded. I had to stop at all the commercial truck scales both ways, it weighed 24,890 Lbs. here in Oregon loaded shock. Oregon laws on having a class B license to drive commercial trucks is different than CA, I was barely legal here in Oregon at that weight shock
Penske had the best rates and where the easiest to deal with up
Posted By: 300rag

Re: Huge moving truck imbalance - 11/18/20 06:54 PM

Originally Posted by Guitar Jones
So just curious, do Uhaul trucks in Cali have Prop65 warnings on them?


I would think not, as U-Haul vehicles are registered in AZ. shruggy
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