Another one bites the dust.

Discussion in 'Motor Carrier Questions - The Inside Scoop' started by brsims, Dec 20, 2019.

  1. brsims

    brsims Road Train Member

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    They also bought out Millis Transfer fairly recently.

    Whole trucking landscape is changing these days.
     
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  3. jamespmack

    jamespmack Road Train Member

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    It's a race to be super mega fleets. They can not compete with small operations so the are trying to drive them out of operation. Lower wages and increase profit. Pushing the driver shortage platform and in the end will get goverment subsidies. That's how they will run under or are running under the operating cost the rest of us have.

    And hopefully they will collapse before it happens.
     
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  4. brsims

    brsims Road Train Member

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    I don't get it. It seems to me the bigger a carrier gets, the higher their operating costs get due to EVERYBODY digging into the piggy bank. So they start cutting corners to save money while at the same time paying out to CEOs and shareholders.

    Maybe I'm off base, but my little one truck operation seems to run a lot leaner and more efficiently than a big time P&S or Swift. Of course, I'm not also constantly paying out for accident settlements due to driver error and I spend far, FAR more on preventative maintenance than they do. I prefer to fix little things before they become big things. Little things cost less.

    And I'm not on the hunt for another carrier to buy. Too many of these carriers are locked into the "Growth at all costs" mentality that was popular in the Eighties. I'm into the "Steady Profit" mentality, preferring to maximize my income while keeping an eagle eye on my expenses.

    Could it be we small single owner operators are smarter than those big time mega carriers?
     
  5. jamespmack

    jamespmack Road Train Member

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    Your right. That's how I was taught. It's also why I dont work if it doesnt pay what I want. They can't stop moving till the doors close. If I'm gonna go broke it will be from my driveway.
     
  6. brsims

    brsims Road Train Member

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    You and me both, brother! Truck costs less sitting still than it does chasing cheap freight.
     
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  7. Last Time Around

    Last Time Around Medium Load Member

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    The mega carriers are paying the CEOs 6 figures plus.....are one truck operators paying themselves
    six figures after paying themselves a regular paycheck?
     
  8. brsims

    brsims Road Train Member

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    What's a "regular paycheck"?

    After expenses and paying the house, some weeks I'm lucky to be able to buy a Big Mac.

    I'm just starting out (less than two months in), so I'm still paying myself back for all the start up costs (plates, insurance, equipment, and so on). I'm not actually hungry, I just joke a bit. But I'm still at the low end point of net profit. I just hit the point of self sustaining. I'm figuring another month or so (barring any major market fluctuations or breakdowns) before I start seeing regular net profit.
     
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  9. Last Time Around

    Last Time Around Medium Load Member

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    A regular paycheck, for me, as a company driver is $1640 gross on avg...5.5 days/avg ...I run regional, not local.
     
  10. brsims

    brsims Road Train Member

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    Oh! I remember those!

    I don't miss them, though. MUCH happier running my own thing in my truck. And my house is seeing far better money now than it did when I was a company driver.

    I pick my freight and lanes, my customers, and get to decide whether or not my truck is moving today. I get to say "No" and back it up. Don't have dispatch saying to me "This is the only load going, so you gotta take it no matter what."

    I add my house expenses in to my truck expenses. Truck gets paid first, obviously. Then the house. I get what's left. And I'm finally back to actually enjoying what I do again.
     
  11. Last Time Around

    Last Time Around Medium Load Member

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    Yeah in a perfect world, a company driver could pick own freight,.... That is the eternal drawback.
    The bennies.,,, I make that on less than 1750 miles per week.... I get paid whether I run or not.
    I get paid to be "Capacity" as well.... Pros and cons to everything.
    If I could do less than 1750 miles a week, pick my own freight, work when I wanted, drive what I wanted and also gross to me $1640 plus a week for 5.5 days total... No work on truck or billing on my off days ..... I'd be an owner too...
     
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