Truck Load Rates Halt 8 Week Slide 2.0

I am sure it is in a median for a spot market based independent o/os - year to date. I would not be surprised, if it is much better for some other folks. Reefers and flats must be way better than this. I wish I had a reefer but...THOSE LUMPERS!!!!

I am really grateful for your suggestion on QuickBooks online. It has been a great upgrade in tracking the finances and staying on top of things in terms of projecting and dosing a workload. I don't meter myself with revenue per mile or profit per mile any more - those are good Kevin Rutherford disciples.
I am only interested in aggregates. They are the only meaningful thing as to what I have in the bank, in the end of a day.
BTW. I am glad, you are able to have a business that works better than this. You get to see Blue Herons at your yard, play with your dogs, and eat your wife's diners everyday not to mention grandkids and family of course. Good for you too.
I wish I could do the same. Maybe one day, a lighting strikes my grey head, and I'll get an exit idea too.

 

Hiring a driver with assumptions that they are to meet your own workload and performance is more than naïve. This is not a rental condo... Chicago based fleets get calls from people who want to be hired on 1099 and demand....70 c per mile. There are other things to consider too, for instance, constant lack of peace of mind with these drivers. What if they crush into someone or make a cargo claim. Things like these are not about potential loss of revenue, these more about "do I want to sleep well at night, at this point of my life.

 

I am in Omaha and freight has been strong I just bounce around Midwest and home on weekends. Ran 2000 miles this week and grossed 6200.00 been enjoying the time off. Freight to CA has been good
But can’t hardly stand the land of fruits and nuts .

 

I started with paid off equipment, and I probably work only half of the year. I think we're at around 250k miles in a 4-5 year span running a team truck. It also allows us to do dumb stuff like deadhead into Florida. Scooter's situation really isn't that far fetched. As hard as I try to stay out 2 weeks and only take 1 week at one of our properties, it almost always ends up being 2 weeks off or more. This has been going on since long before Covid-19.

 

You're doing great Joe! Sounds like some of us are all running about the same miles for the same pay. I was out 5 days this week at about 3000 miles and a bit north of $10k. The two weeks prior were less miles for considerably more pay, but that was just luck and timing. It would be nice if these rates held for the summer, but I don't hold out much hope. Things have a way of dropping quickly in this business. Imagine a year's worth of income at the current rates. That would be over $400k gross on one truck and trailer.

 

Wish they would quit extending all of the exemptions. My gut says many are running willy nilly. I can’t imagine the squeeze if everyone was on the same playing field. Rates could be as high as another dollar per mile I’d guess.

I expect things to stay as they are atleast through beginning of next year. Get it while you can.