Mode Transportation

Mode trans out of Jacksonville area is telling me that they are having the carriers move these loads going North East for about a dollar a mile and Ryan told me that there are others who are offering the same at even less $.87/mile . Here is my question, if it costs about $1.53/mile to operate a truck and on top of that northeast is not a good market place but crowded with traffic and tolls, where no one likes to go. He is telling me if the contract rate index is showing $1.87 with Internet Truck stop and another big loadboard then (he says that is wrong and too high) I should change the loadboard. $1.87/mile is not enough to go northeast from anywhere anyway.
Who is haulling for them and why and how can you afford it. Going into FL was about $2.0/mile with Freight Quote. What is the story here, obviously there might be only a hand full of carriers who are some how getting cheap fuel to run this kind of operation if he is telling the truth.