Truck Load Rates Halt 8 Week Slide 2.0

Discussion in 'Freight Broker Forum' started by Scooter Jones, Mar 7, 2020.

  1. Midwest Trucker

    Midwest Trucker Road Train Member

    5,878
    21,148
    Aug 31, 2018
    0
    I need to start a “How to” heavy hitter school. I’ll just need 50% of gained revenue for however long it takes to hit 25k.

    That’s half off for the first 5 customers. :D
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    I was just goofing. It's really not that big of a deal. I appreciate the input.
     
  4. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    LOL
     
  5. jamespmack

    jamespmack Road Train Member

    19,971
    215,554
    Mar 25, 2014
    OH
    0

    Just becareful its not a Trump University deal. They are looking for that kinda of operation.
     
  6. jason6541

    jason6541 Road Train Member

    2,425
    5,366
    Mar 5, 2012
    Omaha, NE
    0
    My last truck I am ordering and last trailer. Going out with a bang.
     
    Ruthless and Midwest Trucker Thank this.
  7. jason6541

    jason6541 Road Train Member

    2,425
    5,366
    Mar 5, 2012
    Omaha, NE
    0
    I am not #####ing one #### bit, stacking Benjamin’s for sure. I will work hard now and enjoy all of Jan and feb off this coming winter
     
  8. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    Good for you. Being able to take time off whenever I wanted, especially in the winter, was part of what motivated me to become an owner operator in the first place.
     
    Czar_Zero, Dale thompson and jason6541 Thank this.
  9. TallJoe

    TallJoe Road Train Member

    7,490
    16,271
    Apr 12, 2016
    Chicagoland
    0
    Fact is this:
    We have been going through an exceptional period of profitable experience. Look at L.A. CA rates $10 000 to Boston, MA/3000 miles. When you play partial game, you can up it to $15 000. Even Phoenix, AZ pays $8 000 there too. Rates from L.A. CA to N.W. were $5 000 and more yesterday. That's all dry van. I am sure that reefers are at $30 000 and more in revenue per month, also flatbeds - or even better in recent months, with all that construction material boom.
    It's been gradually progressing like that for almost a year. If you stayed active, with your equipment up and running, you were harvesting the best crops ever.

    I am not a spot market shark and my next work load is this:
    $700 / 40 miles short water run
    $1000 / 150 miles short water run
    $2000 - 600 miles IL - ND
    $5150 - 1200 miles MN - PA then going home for $1600 - $1800 form Baltimore area

    $10 500 on 3000 miles - (10 days with only 4 nights in the truck, intertwined with full and partial days)

    At first glance, it would make more sense to go to CAL and take one of those $10 000 to North East but then you are completely OTR for almost 2 weeks.
    I am trying to find balance between home time and maximizing revenue. Thanks to new HOS split berth rules, I am able to stop by at home an route from WI or MN then wait as many hours as I wish, so the traffic subsides and then at late evening proceed. It is quite something for me vs. be gone completely OTR.

    You can get $25 - $30K of monthly revenue like that with a dry van, if you don't take too much time off. But you want some time off.
    Therefore, I am projecting annual revenue be somewhere between $250 000 - 280 000. Then as a rule of thumb, after operational expenses (before you pay yourself) you get to keep more or less half of it. Although with these better rates, it may be more at 60%- 70% even.
     
  10. TallJoe

    TallJoe Road Train Member

    7,490
    16,271
    Apr 12, 2016
    Chicagoland
    0
    If, after 5 months, an average Joe has this, then it ain't bad.
    upload_2021-5-29_9-46-17.png
     
  11. Scooter Jones

    Scooter Jones Road Train Member

    9,551
    19,977
    Apr 19, 2011
    0
    Good for you, Joe!
     
    Midwest Trucker and TallJoe Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.