Low rates and no profits: Everyone’s crying.

Discussion in 'Motor Carrier Questions - The Inside Scoop' started by SuttonPower, Jun 29, 2023.

  1. SuttonPower

    SuttonPower Bobtail Member

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    I keep reading about everybody who owns a tractor trailer, crying about no profit. The solution I hear is buying newer aerodynamic tractors, driving slower, equipping with smaller hp engines, and on and on babbling.

    If you’re working through a broker, they will pay you the cheapest per mile rate they possibly can, using you to enable them to profit more from your efforts. You are the only one that will do all the work and come up short, forever. If you work through a carrier, the carrier owner will do the same thing, sometimes even adding a broker between them and you at the steering wheel. You are trapped. You hold all the expenses to run the truck. Believe me, nothing will ever change. That’s good business for everybody but the owner operator…YOU!

    Instead of being married to the steering wheel, accepting their rates, all the driving miles + total effort with every expense associated with having a USDOT number, you need to do something differently, finally, or stay with the torturous route of trying to stay ahead financially. It won’t work, ever.

    Solution? Spend the time and effort, clean up, keep the truck parked, and spend a day every week selling yourself to the actual shippers. Learn how to sell yourself and your business! If it sounds scary, rip yourself out of the tractor, and go do it.

    Set your rate adding deadhead miles and the time it takes you to pick up the load, and deliver it. If you give away the show by giving them a bargain rate, the only one hurting will be you, again and again, forever.

    It is indeed a lot of energy. But a more comfortable energy than just driving yourself straight into the poor house forever.

    Start at $4 per mile deadhead, $6 loaded PLUS tolls. Yes, plus tolls. Don’t be afraid.
    Grow you business and take the actual time to really do it, patiently.
     
    Heavy Haul Nolan Thanks this.
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  3. DUNE-T

    DUNE-T Road Train Member

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    Why would a shipper pay you $6, when there are thousands of others who will do it for $2?
     
  4. LoneRanger

    LoneRanger Road Train Member

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    because he builds relationships and provides the best service.
     
  5. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    Thanks for all that wonderful info
     
    blairandgretchen, Opus and Oxbow Thank this.
  6. wichris

    wichris Road Train Member

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    Why hasn't anyone thought of that before now?
     
  7. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    They must not be as sharp as this tack
     
    Oxbow Thanks this.
  8. Judge

    Judge Road Train Member

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  9. Mattflat362

    Mattflat362 Road Train Member

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    I think most of us, well at least me, never want to run the same freight as close to ever as reasonable.

    I would rather work my arse off when things are good and then sit (my truck, not me) when things are bad. My truck will last longer and I won't grow to hate the entire industry as quickly as I might working every day ever year for decades.

    I am pretty sure I already have reached that point anyway but we shall see in 1 year. I am parked and in the paint booth and working a normal local job.

    As of now I am not missing any of it EXCEPT running actual loads of cool stuff. The rest of it sucks! (emailing accts payable, getting set up with the seemingly endless amount of brokers, seeing my mechanic often, traffic, potholes, DOT, haters, etc...)

    Yes I could very easily go seek direct customers that I already know and run year round. Nope.
     
    Last edited: Jun 29, 2023
  10. SuttonPower

    SuttonPower Bobtail Member

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    It's called, "Building your business!" It's scary to visit new potential customers, everything new is scary! Just knock out five to ten visits to different
    shippers (factories, manufacturer sites, etc., but stay away from brokers (they're doing what YOU need to be doing, visiting and telephoning
    customers).
     
  11. SuttonPower

    SuttonPower Bobtail Member

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    Mar 11, 2022
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    Spend the time and energy to promote your business. It's scary at first, but will grow like a rose if you don't give up. Pretend you
    are the only trucking company in the world...
     
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