Unprofitable O/O - Canadian

You would probably have better luck posting in the Canada forum. Landstar might work for you but it's hard to qualify a driver and most of the Canadian freight involves borer crossing.

 

Wow, that's funny! I was just posting on another thread how Landstar has compleatly gone in the crapper! I'd have to say from reading your post it's not a driver, truck, diesel or work problem. It's a Landstar problem! Get your own authority back, find your own work and start adding to that savings account of yours, not landstars! You are already in a better position than most, have trucks with willing and happy drivers. You just need to put in the effort in finding your own work.

 

He's not leased on to Landstar.

 

Yeah....about that. Jury is still out (for me at least) on why they are so happy and willing. Call me a skeptic, but the OP said he was in the hospital for 5 weeks and the drivers looked after themselves. Those are some awesome drivers.

 

Sounds like someone is getting your fuel but not you. I always catch drivers trying to sell fuel for my friends company when I am hanging out at the local truck stops. I catch them advertising on the CB. They do it more than you think. I had my friend implement a mileage at the pump and he checks the odometer weekly so he knows the miles driven and mileage he is getting. Then he can tell if the fuel is getting dipped into from this unless there is excessive idling overnight , ( this uses about a gallon per hour ) and sometimes they fall victim of someone stealing your fuel at night when they are sitting. I installed locks on my tanks and this stopped. My guess this is what is happening

 

whats hst boss man?

 

Im a dummy, tried to quote the happy and willing drivers comment

something tells me the drivers are taking advantage of this gentleman and that is why theyre happy.
As bad as this sounds , numbers don't lie and youre not doing yourself a favor by keeping them employed if youre not making money. Youll burn thru your money and only be left with regret as to why you did not act sooner.

A change is definitely needed, maybe don't pull containers ?

Im not sure getting your own authority will help if you can not get good rates, maybe leasing on to a reputable company would help. I don't buy into Landstar is crap bs. I would think for the most part all companies have their mix of good and bad rates.

There was a post , I believe it was on Mercer , as to why some fail and some succeed in that particular company , and skateboard made some really good points as to picking your lanes and putting in a little effort to route yourself

 

HST is harmonized sales tax. It is a combination of the 5% GST which is national sales tax and 8% Provincial Sales Tax. It is expempt on certain items. Groceries, medical, drugs, child care.

For a corporation all of your HST purchases are deducted against your HST revenue so you only have to pay HST (which is charged to your customer) on the net revenue of the business which will be pretty much all purchases in Ontario minus insurance which is exempt. If you do a lot of cross boarder work or broker work you don't charge GST on those loads so you will end up with a credit than if you hauled your freight directly for a customer in Canada (I may have bits of this wrong as I work in Alberta where we only have GST, but the general process should still be the same).
If you work 100% in Canada, you will be paying some sort of GST/HST to the government if you are profitable. Revenue (GST/HST) > Expenses (GST/HST). The instance where you may not be is if you purchased a new truck or trailer which will give you a big credit and you will receive a rebate.

 

O/P any updates ?