To sell out or not to sell out.

I think you’re in somewhat a similar position financially to me.

A review of last week saw a lot of profit lost to fuel cost, and though I may operate at slightly better income than you, 1 oversize load and 2 legal loads over 7 days brought $9,700 to the truck - 25% roughly to fuel.

2 years ago fuel was 10-15% of gross to me.

The last time I went through the west Texas area, it was obvious that consumables and accommodations were grossly inflated.

And as others said - the wear and tear is accelerated.

Choose carefully. If you can - park and wait.

 

No need for others to guide you.

Go and run the oilfield for a couple of months and report your findings.

I just offered you my numbers running what I do.

You’re welcome.

 

Im happy most of my jobs come with free fuel with those rates, especially when it’s $5.50-$6.50 in my area!

 

That sounds good to me.

 

Then - this is what you do for a while.

Others with payments and a good business plan will adapt and survive.

 

I’ve been thinking the same. No need for remorse now. I had my chance and decided to stick with it. Recently hourly local jobs have been increasing wages. The thought of punching a clock and leaving it behind looks good. $28-$30 hr. if I could get 50 hrs in 5 days, along with paid health benefits. Been doing a lot of work on my Truck. It’s not costly. But the physical demand takes a toll. Also tired of always doing the little bs involved with compliance. It’s like working 3 jobs sometimes.

 

The juice and the squeeze.

If trucking is a pre-cursor to the overall economy, then it’ll be a hard winter for most.

A husband shot his wife, himself, and killed all 6 children last week in Broken Arrow, OK - last week, bankruptcy a couple of years ago , debts mainly student loans.

The more threads here about the overall picture, things aren’t looking great.

 

Would be running in the low $2 a mile range over there it looks like.

 

They advertise on ‘Road Dog’ often, and talk a good line.