WE ARE IMPORTANT!

I hope that my posts will educate and encourage people to charge fair price for their work and not haul for $1.14 per mile like you do

 

Sometimes I haul for 1.14 sometimes I haul for 4.14 - market depending.
As long as I am not in debt and live a happy and honest life in a beautiful house, that's all what needs be said for the whatever I do to be correct.
When I end up in a poor house, I'll let you know.

 

When I first started reading all the the rate talk. The attached spreadsheets and testimonies, and so many people voicing their opinion on what is cheap and what is not. Condescending replies to all those having courage to show what their reality is. Jeez, I thought, that's so much money to be made here. Absolutely, time for own authority and calling your own shots. BUT as soon as you do it, there is no semblance of what their PROCLAIMED elevated standards are.

It is all individual. Just like there was a general tendency to protest the idea of transparency or capping the brokers' pay, then there should be the same sentiment with what someone else is hauling for. If all you need is 1 dol per mile, then good for you and anyone else can piss off. One month a year you will haul for 1 dol a mile, another you will haul for 3 dol per mile. I find that when the equipment is good and the fuel is cheap doing cheap runs for a few weeks are better than doing nothing in the overall scheme of things.

@DUNE-T referred to my 8 day run that on all odometer miles I averaged 1.16 (or 1.14) don't remember, but I do remember that I netted over $3000 after fuel and tolls and no unemployment would have paid the same for the 8 or 9 days of OTR work. I could not care less of what he or others think of it because I know the best what is good for me.

In today's market, the same set of runs would probably end up close to 1.85 per odometer mile.

Most of people prefer to lay low to avoid this BS bashing, and keep at what they can do best for themselves. Remember, all of you lurking here and thinking of how much an owner operator makes, there is no other way for you to find out unless to try it for yourself. And also there is no way f...way in this world that at the time when I haul for 1 dol a mile, someone else will haul for 1.5. It is market that will tell you how much you will haul for or If everywhere they paid 4 dol per mile, nobody would take a load for 2 dol per mile. No social media wise men but the market only will tell you what you will haul for.

 

Look, you have posted that you only cleared like 60k last year and that's even without major breakdowns and paid off truck I believe. O/O should not be making this kind of money. You obviously are doing a lot of things wrong, yet, you keep arguing that nothing is wrong with your business model.

 

Right here, your $3000 for two weeks worth of work after fuel and tolls, was not your Net income. Sorry, but you do not know what you are doing

 

2019 $20,500 in maintenance. 98000 miles. That year 60K previous, 85K, the one before, $58 the one , the one before my authority 85, before 95, before 87 and so on.


You never showed how much money you ever made. As you once said, you did not feel comfortable doing it.
None of mine business, anyways. I don't care what your believes are. I am debt free and live a good life and am about to water my flower beds.
The reason I am sharing my numbers is because I want there to be a reality check for those who may need it.

 

1.
The money was quickpaid upon my returned and my account increased by that amount. If I stayed home, there would have been no increase. The tire thread depth of my tires did not change by a lot, I did not have any maintenance issues and I felt good and healthy. I had cash for which, I could pay for my bills and food.
Amortization and overall cost per mile you calculate periodically is always a post factum and not apriori thing. You don't know how the 1.14 run would fit in in the overall result.
Let's say I would have died a day after the return, then my family would not have have had $3000 but a truck with a little more rubber on its tires and less than 3 500 on the odometer. Which is better?
In other words, the fact that my historical cost per mile is 1 dol per mile does not necessarily mean that for that very trip I netted only $500. It may or may not. To me, it was more important to have 3K on hand after 8 days of work vs having nothing. If continued to run like that all the time then perhaps the truck would wear down and I end up with no money in the bank but at that time it was not the case.

 

Have to agree with this.

The rest of the year may not continue as well for me, but I've always found that doing something rather than nothing is a better option, at least in the short term of depressed rates/volumes. If it is simply to cover fixed costs, in the short term that's better than bills piling up. You also find new opportunities when you're out running, not when you're on the porch.

I've maintained the best entry into O/O is from a low/no debt position, with cash on hand and cheaper/older equipment. That way, you can survive and learn in slow times, and thrive in good times. It also allows you to simply sit if you feel it's 'not worth it'.

 

Hey hey! Ho ho! These low rates got to go! Owner operators matter! Defund the brokers.

Say no to chep freight!

 

This ^^^

He just had an awakening and thinks everyone else is like he used to be, but still is.

Edit: Dang Joe you came out swinging. You guys must have history.