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Percentage still O/O

Discussion in 'Ask An Owner Operator' started by Mrfasttrack, May 18, 2011.

  1. May 18, 2011 #1
    Mrfasttrack

    Mrfasttrack Light Load Member

    223
    58
    Aug 12, 2010
    Georgia
    0
    I wonder with the fuel costs, and the way the economy has been the last few years, how the many owner ops either left the industry or took a company job.
     
    Mrfasttrack, May 18, 2011
    Mrfasttrack, May 18, 2011
    #1
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  3. May 19, 2011 #2
    Krooser

    Krooser Road Train Member

    2,493
    1,066
    Jul 25, 2010
    Wisconsin
    0
    Tens of thousands of O/O's have left the biz... either voluntarily or via repossession.

    I read last year that there were 300,000 drivers who have left the biz....
     
    Krooser, May 19, 2011
    Krooser, May 19, 2011
    #2
  4. May 19, 2011 #3
    Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

    9,426
    30,794
    Jan 20, 2010
    Hesperia, Ca.
    0
    The few the strong survive. It's called business savey
     
    Diesel Dave, May 19, 2011
    Diesel Dave, May 19, 2011
    #3
  5. May 19, 2011 #4
    BigBadBill

    BigBadBill Bullishly Optimistic

    4,599
    4,439
    Oct 2, 2010
    Chattanooga, TN
    0
    The last couple years hit the industry as a whole with many factors playing into. And during a downturn even the best O/O or company can have serveral bad things line up and put them out of business. But at present, if an O/O says the fuel is what drove him under then you can bet that if it wasn't the fuel excuss it would have been a customer/broker not paying or repairs or or or.

    And Diesel Dave is correct - business savey.
     
    BigBadBill, May 19, 2011
    BigBadBill, May 19, 2011
    #4
  7. May 19, 2011 #5
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,751
    12,510
    May 28, 2009
    Rancho Mirage, Ca.
    0
    I bailed in '08 when fuel went to $4.81 a gallon. It was $2.81 7 months earlier. I was getting a nice fsc leaving Ca. but, coming back was usually a joke. The brokers can manipulate the fees easily. My company had dedicateds outbound, but used brokers to get back and we needed to get back NOW, to keep the shipper happy.
     
    Allow Me., May 19, 2011
    Allow Me., May 19, 2011
    #5
  8. May 19, 2011 #6
    Unclegrumpy

    Unclegrumpy Light Load Member

    177
    98
    Feb 15, 2011
    Wisconsin
    0
    I'm still truckin' but as I look at my IRP bill I'm thinking why bother there's other things I can do to make a living.
     
    Unclegrumpy, May 19, 2011
    Unclegrumpy, May 19, 2011
    #6
  9. May 19, 2011 #7
    BAYOU

    BAYOU Road Train Member

    2,847
    1,592
    Sep 23, 2010
    Beaumont,Tx
    0
    Its not what it was 5 years ago i work more for less 50% of my money is fuel but all my stuff is paid for and bills are geting paid so keep trucking
     
    BAYOU, May 19, 2011
    BAYOU, May 19, 2011
    #7
  10. Sep 24, 2011 #8
    peteybob1

    peteybob1 Bobtail Member

    11
    3
    Sep 24, 2011
    new hampshire
    0
    Is 85% of the gross on load a fair pay system?
     
    peteybob1, Sep 24, 2011
    peteybob1, Sep 24, 2011
    #8
  11. Sep 25, 2011 #9
    BigJohn54

    BigJohn54 Gone, but NEVER forgotten

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    May 13, 2011
    SW Missouri
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    That question has too many undefined variables. What kind of rates does the company charge? Who pays for base plates, permits, fuel tax and insurance? Do you pay trailer rent? What else do they charge back? What type of trailer? How does it compare to other companies?
     
    BigJohn54, Sep 25, 2011
    BigJohn54, Sep 25, 2011
    #9
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