I'm an O/O, thinking about expanding. Help!

Here's some advice from someone a little older than BUBBAQUICK, but he's only a has been, so consider carefully whether this advice will apply: Ecclesiastes 4:9 Two are better than one; because they have a good reward for their labour. 10 For if they fall, the one will lift up his fellow: but woe to him that is alone when he falleth; for he hath not another to help him up. 11 Again, if two lie together, then they have heat: but how can one be warm alone? 12 And if one prevail against him, two shall withstand him; and a threefold cord is not quickly broken.

 

You shoould think about Borkering your own loads. It'll save you a bunch of $$. As far as finding good drivers - how about a % basis of the load earnings, less expenses. This way you know you're getting more than just a driver. Someone who'll be looking at the Net/net/net and not just the cents per mile. If you have the cash outlay, and heed my tips, you WILL INCREASE YOUR BOTTOMLINE.

 

I was wondering if I own my own truck and leased onto a carrier, would one of their company drivers operate it with the company pay while I received the balance of the O/O pay?

Like Swift lists $.92 a mile for O/O leased onto them. If a company driver were driving my truck for Swift and earning $.35 a mile, could I then collect $.57 for their miles sitting at home?

 

I don't know if this is the same thing but when i drove one of my uncle's trucks, they paid him x amount of money for the load & he paid me by the mile.

 

Let's say Swift caps your fuel cost at $1.20 per gallon, the rest is covered in fuel surcharge. $1.20/6mpg is $.20 per mile right off the top of your cut. How many other expenses can you think of that will continue to reduce your chunk of the pie?

 

Ouch they get ya coming and going.