Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. Oxbow

    Oxbow Road Train Member

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    Well, I guess that defines the contrast between mega fleets and independents.
     
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  3. gentleroger

    gentleroger Road Train Member

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    Assuming this is in regards to my last line - I would say that's the contrast between employees and owners, regardless of company size.
     
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  4. JonJon78

    JonJon78 Road Train Member

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    Regardless? LOL. Go figure. A thread created for owner operator and a company hack spewing that rates don't matter... Go figure. No shame ever!!!
     
  5. Oxbow

    Oxbow Road Train Member

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    Yes, that was in regard to your last paragraph.

    You are incorrect in your assertion that that is the contrast between owners and employees, at least in regard to small businesses like mine. My employees are as vested in our performance and level of service as I am - perhaps even more so. They realize that their compensation is directly related to the level of service that we as a company provide.
     
  6. gentleroger

    gentleroger Road Train Member

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    I didn't say rates don't matter, or that I don't pay attention to rates, or that I don't think rates should be higher.

    I said we should inspect vehicles at a much higher rate regardless of the impact on rates. Or profits. I would hold that belief regardless of my position in the industry - company driver, O/O, broker, office worker, etc.
     
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  7. JonJon78

    JonJon78 Road Train Member

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    You could careless bout rates, so.....

    Your opinion is non existent....

    Right???

    They have a Schneider thread on here... Just saying...

    Stay in your lane... Right?????
     
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  8. gentleroger

    gentleroger Road Train Member

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    I don't know how you've set up your business or compensation scheme.

    I will grant that the smaller the company, the greater the correlation is between employee pay and company profitability. The larger the company, the larger the disconnect between wages and profitability. At no time is it a direct relationship unless all compensation is percentage based.

    What I'm saying is that for the vast majority of workers, their income is most directly related to how many other people want their job. If your net profits were rising, but you had a stack of qualified applicants- would you be offering raises in direct relation to your rising profits? Probably not. Conversely, if net profits were falling but there was a dearth of qualified workers you'd be raising wages as much as possible. It's basic economics - supply and demand is the number one price setter regardless of the commodity.
     
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  9. tiddlytanker

    tiddlytanker Light Load Member

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    I thought I would upset some people with my post but never thought it would be someone who agrees with me. Sheesh, sorry for derailing the thread lol
     
  10. gentleroger

    gentleroger Road Train Member

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    I said "I care less about the rates and more about enforcing vehicle regulations."

    Not "I don't care about rates".

    Even as a company schlump, I care about what rates are doing. I care about the price of fuel and new equipment and repairs and all the other things that O/O care about. Those things impact my job security and, after much dilution, my potential earnings. Understanding what the industry is doing and feeling informs my opinions and guides my choices. In this case, I care more about increasing inspections to get bad actors off the roads than I care about the impact the increased rate of inspections will have on rates.
     
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  11. Iamoverit

    Iamoverit Road Train Member

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    Several like him here on TTR. Don't own, nor ever owned a truck but they have lots to argue about though.
     
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