Getting back in the game

Discussion in 'Ask An Owner Operator' started by shooter19802003, Jan 30, 2021.

  1. shooter19802003

    shooter19802003 Road Train Member

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    Yeah, but a new truck is around $160k. I'm looking to stay under $60kish. At 1mpg difference or so, $100k will buy alot of fuel.
     
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  3. shooter19802003

    shooter19802003 Road Train Member

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    Here is what I know. The oilfield is shrinking. I work in the Permian in west Texas. Our company laid off thousands last year and closed the Williston, Denver and Wyoming locations. they brought us back in force this year, however, the other locations are either still closed or skeleton for the most part. Alot of companies laid off and then closed their doors for good. even the big companies are divesting themselves of their u.s. operations and focusing on oversees. We just picked up another company that did this. It was 3rd largest in the u.s. as a whole, the oilfield is paying less and less. Therefore losing alot of good hands, because the travel and expenses aren't worth being away from home for weeks on end and working 16 hours a day. I took a $40k cut in pay from last year to this, plus they took away our 401k
     
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  4. riggins44

    riggins44 Bobtail Member

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    I am assuming that you never really ran paper logs, correct? The flexibility that the paper log will naturally enable you to run better. Not even harder per se. When you have a 800 mile load, you can log it where you can get it off the next day. With the ELD, that turns into a 2 day transit and it should not be. Just as an example.
     
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  5. Midwest Trucker

    Midwest Trucker Road Train Member

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    7.5 vs 5.5 on 2500 miles per week at $4.50/gallon is over $500 per WEEK in fuel cost difference.

    Factor in up time (more miles able to be ran) and less repair costs (likely around .04 vs .20 per mile) along with fuel savings when fuel goes back high and your new truck is much much more affordable. Not to mention much less head aches revolving around it.

    You will gross more dollars per year, and spend less per year with a new truck in this scenario being talking about. Even before fuel gets that high you’ll be money ahead. Higher it goes the more competitive vs your peers you’ll be.

    Good luck.
     
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  6. 77fib77

    77fib77 Road Train Member

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    No I have. I started on paper and prefer it .

    I have talked to refer guys one running on an old W9. He was told by his company his fuel cost were like 20k a year higher than modern Cascadias the company drivers run. Him and his wife did coast to coast. He was going to trade in his w9 once it was paid off, in 8 months and get a modern truck.
     
  7. Dino soar

    Dino soar Road Train Member

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    If you have your choice I would go for pre Eld. It isn't that you are doing anything wrong you just have a lot more flexibility. Not to mention what I think is just a better truck.

    As far as them outlawing older trucks I don't know about that. The reason I say that is because I don't think they can do that through an executive order. If it was executive order then the next president could reverse that. I think that would have to be something that's actually passed into law and I don't think there is enough support to really do that. Not if the filibuster is still in place. Now if with the filibuster goes, the United States is going to see things that outlawing old trucks is going to be the least of our problems...

    I think probably a more pressing problem would be if they raised the insurance minimums to two million dollars or four million dollars the insurance rates will really go up.

    We already know fuel prices are going up and they're going to keep going up. I don't think that $4 a gallon or $5 a gallon or more is an unreasonable guess.

    If the insurance rates go up and the fuel prices go up together you'll see a lot of guys go out of business.

    I am hoping for something better, but my rational self does not see eye-to-eye with my hopeful self.
     
  8. 77fib77

    77fib77 Road Train Member

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    DOT agency can. They have broad mandate powers. I worked under the FDA, in a blood theorpy manufacturing facility. They had ultimate power over rules of production.



    Under the FDA. Stupid auto correct. Any change in production procedure had to get approved by them.
     
    Last edited: Jan 30, 2021
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  9. Dino soar

    Dino soar Road Train Member

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    I'm not saying you're wrong at all because Idon't know for sure, but I don't think they can.

    The reason I say that is because any mandate for old trucks to be taken off the road is going to come from EPA not DOT.

    For the EPA to do that I would think it would have to be some kind of a law that goes through Congress.
     
  10. Midwest Trucker

    Midwest Trucker Road Train Member

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    Far as I know and understand. The EPA sets the rules at the Presidents direction. Or, sets the rules and has the President sign off. The last President was able to roll back some silly epa stuff and we know that didn’t go to congress. Generally the President doesn’t get too crazy overturning things because it messes with companies plans and investments in a huge way.
     
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  11. D.Tibbitt

    D.Tibbitt Road Train Member

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    Can get an 800 mile load off next day with elogs.
     
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