I was always told that there are 3 criteria for good freight
1) Time sensitive
2) Specialized eqipment not readily available in market
3) Very high value product
Double Yellow's Company Driver to Independent Thread
Discussion in 'Ask An Owner Operator' started by double yellow, Nov 5, 2014.
Page 145 of 198
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Lone Ranger 13, Dominick253, CaptainDaveG and 6 others Thank this.
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I specialize in dry van general merch freight
Dominick253 Thanks this. -
What others can't or won't do. The good money rarely comes easy. Other than that you're really just a commodity. There's even an oversupply for time critical needs so that's a segment trucks are just as much a commodity as loads of toilet paper anymore.
Dominick253, spyder7723, double yellow and 2 others Thank this. -
One of these days we are gonna have to sit down over a steak dinner and compare notes.double yellow and scottlav46 Thank this. -
Excellent discussion and thanks for continuing to highlight the not so good along with the wins.
Think along the lines of the guy with no expenses that puts a cheap, paid for truck on the road. He runs buck three eighty freight all day and thinks he's ballin. Then there's the guy with a big mortgage, two new cars, and four kids in college, and he can't make it running $3/mi everywhere.
The hardest angle is finding a compromise. Work that is profitable enough, and meets your personal needs and expectations. Some can find it, some don't. I'm struggling with that right now. I'm close to a parity of sorts, but still a lot more hands on and schedule committed to the business than I want to be. I've been doing it long enough, that I know in a day or two this will pass and I'll be back closer to mental health LOL.
Higher rates happen when truck supply is short. Lots of loads available isn't the only reason that happens. Sometimes it's a lane that sucks. Sometimes it's a nasty product nobody wants to deal with. Sometimes it's a shipper or consignee that nobody wants to deal with.
What it does is create kind of a two sided opportunity if you can make it work by fitting it into your route and getting enough money on it to put up with the downsides.
It's an undesirable load (that you can overcome apparently) so fewer carriers will even look at it. So on one hand, the availability for you on the regular, will be more likely. Coincidentally, probably not much competitive threat that someone else will get in there and take it, since it's ugly.
Another possible side benefit, it may let you get a foot in the door on an account that's otherwise locked up. You have gone in there and turned their load that's always been a headache to cover, and made it the low maintenance one. You're now a problem solver, that apparently the carriers they like more, were unable or unwilling to be that.
Not saying it happens every time, but that's the sort of thing that leads to more favorable offers. The next lane their contract carrier fails on may not be so crappy and you're right there to pick it up and make it happen.
All that being said, that logic in the last part probably works more for me at the moment than it would for @double yellow since he's basically running irregular lanes nationwide, putting together runs that meet his personal wants at the best possible rates. On the other hand, my operation has been constrained a little more to the region since we don't like being out more than 4-5 days at a time and have really focused on two primary lanes since we started, coincidentally and not by plan for what it's worth. Since we're usually in or passing through the same places on a regular basis, those kinds of load opportunities are somewhat easier to make happen.FoolsErrand, bbechtel16, Jonkie and 9 others Thank this. -
Jeff Bezos' (Amazon.com ceo) annual letter to shareholders is out and is well worth the read, particularly if you're interested in growing a business:
https://www.sec.gov/Archives/edgar/data/1018724/000119312516530910/d168744dex991.htmbbechtel16, n3ss and Dominick253 Thank this. -
Well I can't procrastinate much longer, it's that time of year. Here's my temporary tax command center:
Anyone else hate how turbo tax starts off showing a massive red number of how much you owe (before you get a chance to enter expenses)? -
Dominick253, fordconvert and double yellow Thank this.
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I can't make the label out in the picture, but from the color of the contents, sure does look like a cheap bourbon.
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