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whats the bottom line?

Discussion in 'Ask An Owner Operator' started by latoya thurmond, Aug 23, 2009.

Page 1 of 4
  1. Aug 23, 2009 #1
    latoya thurmond

    latoya thurmond Light Load Member

    96
    3
    Jul 27, 2009
    chicago il
    0
    I know that fright is slow but, I want to know what are some of the o/o seeing as their bottom line now and what will it be in the winter when the work slows down. Please also list if you have a truck payment and what company you are working with

    Thanks
     
    Last edited: Aug 24, 2009
    latoya thurmond, Aug 23, 2009
    latoya thurmond, Aug 23, 2009
    #1
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  3. Aug 23, 2009 #2
    HongKongPhooey

    HongKongPhooey Bobtail Member

    14
    2
    Aug 18, 2009
    episilon eridani
    0
    Unbelieveable......:biggrin_25512:

    is there any other private info you want access to ???
     
    HongKongPhooey, Aug 23, 2009
    HongKongPhooey, Aug 23, 2009
    #2
    1989 Pete and Eskimo6804 Thank this.
  4. Aug 24, 2009 #3
    MedicineMan

    MedicineMan Road Train Member

    5,799
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    Jan 13, 2007
    Woodville, TX
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    you really just don't want to do any of your own research do ya?
     
    MedicineMan, Aug 24, 2009
    MedicineMan, Aug 24, 2009
    #3
    The Challenger, 1989 Pete and Eskimo6804 Thank this.
  5. Aug 24, 2009 #4
    latoya thurmond

    latoya thurmond Light Load Member

    96
    3
    Jul 27, 2009
    chicago il
    0


    I am sorry that you fell that way but the question has been answered here before, but not with this exact info.
     
    latoya thurmond, Aug 24, 2009
    latoya thurmond, Aug 24, 2009
    #4
  7. Aug 24, 2009 #5
    latoya thurmond

    latoya thurmond Light Load Member

    96
    3
    Jul 27, 2009
    chicago il
    0

    this is part of my research, as you can see I am looking for different point of views but, the messed up thing about is no really answer the questions they always give a smart ##### oponion , that no one really asked for. Thats done a lot on this site, so some times I may get one person out of 400 to actually give me the facts or a good reference. Thats something I also researched:biggrin_2553:
     
    Last edited by a moderator: Aug 24, 2009
    latoya thurmond, Aug 24, 2009
    latoya thurmond, Aug 24, 2009
    #5
  8. Aug 24, 2009 #6
    Redwave

    Redwave Light Load Member

    143
    75
    Feb 28, 2009
    North Georgia
    0
    ####; I hate it when the "fright" is slow. It's always better when we have more fright because it keeps us on our toes. My bottom line is I'll not be concerned about less fright. I think he "fell" that way cause he was leaning that way--center of gravity was probably screwed up.
     
    Redwave, Aug 24, 2009
    Redwave, Aug 24, 2009
    #6
  9. Aug 24, 2009 #7
    MedicineMan

    MedicineMan Road Train Member

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    Jan 13, 2007
    Woodville, TX
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    Did you ever think mabey your questions are the reason your getting those comments? I wasn't being a smart ###. I was serious. Every situation is completely different and you cant make any informed decision based on someone elses results.
    different prioducts, different regions, different equipment. Mabey one guy is a workahaulic while the other guy is a lazy ######.
     
    MedicineMan, Aug 24, 2009
    MedicineMan, Aug 24, 2009
    #7
  10. Aug 24, 2009 #8
    MedicineMan

    MedicineMan Road Train Member

    5,799
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    Jan 13, 2007
    Woodville, TX
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    and nobody is going to tell you what their bottom line is anyways.

    You may as well ask for people to give you the name of there Good contacts and shippers next.
     
    MedicineMan, Aug 24, 2009
    MedicineMan, Aug 24, 2009
    #8
  11. Aug 24, 2009 #9
    Pawnd

    Pawnd Medium Load Member

    346
    143
    Apr 8, 2009
    Chasing wind
    0
    Pick a number! any number! any number between -$10000 and +$15,000 and an owner operator made it last month. Your question does not have any relevance.

    OOIDA clear publishes that OO's average $40K net per year.

    Your question will provide you nothing more! Just what is the bottom line?? Is after hard expenses, after taxes, after a wage to the driver? It will tell you nothing about the effective ability of that particular business to provide for the owners. Without being able to audit the financial and tax returns, it is just a number. There are very profitable businesses that show red ink, and businesses with black ink that are going broke.

    So, even if some would divulge the information you asked for it would be worthless to you. You are not going to obtain the experience and information necessary to start and run a trucking company on this or any other website even if it is here. How would you have any idea what is correct and what is some bozo telling you what the lot lizard told him last night?

    Really want to start a trucking company? Go to freight broker school, take Accounting courses to managerial accounting, take a business tax preparation course, and take 2 levels of English and public speaking, and

    TURN THE SPELL CHECK ON!!!!
     
    Last edited by a moderator: Aug 25, 2009
    Pawnd, Aug 24, 2009
    Pawnd, Aug 24, 2009
    #9
  12. Aug 24, 2009 #10
    bullhaulerswife

    bullhaulerswife Forum Leader/Admin Staff Member Administrator

    28,283
    44,415
    Jul 23, 2007
    Midwest
    0
    Latoya, you are going to get some seriously varied answers here. And here's why:

    Example, my hubby bought a truck from another O/O. Went into hauling exactly what the other guy was hauling. In 6 months, the other guy went belly up. We can only speculate why, but pretty sure he was NOT watching his business the way he should have. Not making sure he was being paid for every load he hauled. STUPID....absolutely stupid. I always reconciled hubbys checks with our load sheets each week. And would find loads missing MOST OF THE TIME.

    Bottom line is, hubby's still running, the other guys not.

    You honestly need to research your area, your freight lane and the situations that YOU will encounter with the brokers/load boards, whatever. No one can give you any factual numbers, because they aren't running your business, you are.
     
    bullhaulerswife, Aug 24, 2009
    bullhaulerswife, Aug 24, 2009
    #10
    Eskimo6804, Mastertech, Rocks and 1 other person Thank this.
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