Finally got my own truck

Discussion in 'Ask An Owner Operator' started by BoyWander, Jan 1, 2017.

  1. rollin coal

    rollin coal Road Train Member

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    No sense in worrying over what you can't change. Don't waste time fretting with that. Look foward.
     
    unloader, joseph1853, Lepton1 and 4 others Thank this.
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  3. nax

    nax Road Train Member

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    My question is: Was the potential "waiting" cost PLUS dead-head cost factored in the load that got you to Grand Island, NE?

    If yes, then I would dead-head outa there...lol

    If no, then I would chalk it up as a loss AND use that as a learning opportunity for pricing future loads heading into Grand Island, NE
     
  4. 2CAN

    2CAN Medium Load Member

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    In this case I would have booked a load in the area that has more freight before leaving the slow area. As long as there is a plan in place dead head doesn't bother me. To just pickup and go without something makes you start second guessing your self.

    Either way look at all the possibilities before making a decision and then make a choice. Right or wrong will be very clear when it's too late to change your mind!

    Congratulations on taking the leap to O/O!
     
    BoyWander Thanks this.
  5. daf105paccar

    daf105paccar Road Train Member

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    Do not become the dog chasing it's own tail.
     
  6. BoyWander

    BoyWander Road Train Member

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    Yeah I went into NE for good rate from SD. I just dilly dallied around and lost out.

    Getting a load booked now going back north. Always try to look forward.
     
    Drew352 Thanks this.
  7. Tug Toy

    Tug Toy Road Train Member

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    You will make many of these choices. They are not right or wrong just different.

    I ran empty from Denver to Chicago once and it was a good choice.

    I ran from Souix city to Chicago empty once and it was a bad choice.

    If your smart (and it sounds like you are) write this stuff down so you have numbers to work from when making these choices in the future. Choices are made better with facts not emotions. It's hard starting out because you don't have the facts built up yet.
     
  8. BoyWander

    BoyWander Road Train Member

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    Yeah every load I take, I keep a database with all the info, the route, broker, miles, shipper/receiver, and rates.
     
  9. rollin coal

    rollin coal Road Train Member

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    Excellent info to keep. After a few years you have reliable trend info for you. As a solo truck if you focus on a few specific regions or areas that info is even better and more in focus.
     
    BoyWander Thanks this.
  10. BoyWander

    BoyWander Road Train Member

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    Just a journal update / recap for this past week.

    Unloaded in Indy Monday morning. Boss kinda had a hard time finding anything. Had to go through Chicago to get permanent plate on the new trailer I picked up, so kinda limited us, but not in a bad way. Ended up picking up Monday afternoon for a food grade load. Went somewhere by Sioux Falls, SD. Stopped in Minooka, IL to meet my boss for the first time, so that was cool. And got the plates put on the trailer.

    Unloaded in Sioux Falls Tuesday afternoon, lucky to get a quick reload 30mi north going to Grand Island, NE. Unloaded there Wed. morning then things went to ####. I passed on a couple of early loads hoping to get something good. Nothing, so after 3 or 4 hours I decided to deadhead to Lincoln, and my new dispatcher/load finder couldn't get me out. So I sat Wednesday without a load to haul.

    Thursday, there was interest of a load going to Rapid City, SD. Turns out load wasn't ready. Sat for another couple of hours. Starting to get nervous. Then I saw that load pop back up on the board again, so I msg my guy to call back on it, turns out it was ready. Went to go pick it up at some mud pit in Norfolk, NE. 120 empty miles north, 2 stops, both of them at Menards in SD, one of them 2.5 hours away, the other one further west in Rapid City. Was lucky to get empty late that night, and I wasn't sure what would happen Friday morning in Rapid City. Hot maps showed high load/truck ratio, but not many loads. Was hoping to get anything, really. Then things got interesting.

    Saw a load on the board the night before, going somewhere 1650 load miles away, posted for a certain amount, nothing special. I liked the miles and delivery location but rate was ehhh. So it sat there on the board, then an hour later, the price went up $100. Then half an hour later, it went up another $100. So I tell me guy to call on that and offer another $300 more than what it was currently priced at. My guy comes back and says they do it for $200 less than my offer, but load doesn't deliver til Monday night. Maybe you should call them? So he gives me the number to the broker, from USXpress. I call the guy and ask about it. He talks about the load, and the delivery time, I tell him Monday would be a wasted day, if I had to deliver at night, and he says well some of our guys do get out of there early, but not all the time, it's hit or miss. So I says I'll tell you what, I'll split my daily layover charge with you and take the chance. And then I ask the weight, 43,000 lbs. I let out a long sigh. "Ah...man...hummmm" then he says "Well what would you need to make this work for you today, Brandon?" So I say well I suppose I would need $x. And x was $200 more than what I told my guy to offer. He says he'll go ask his manager, then he comes back and says OK, we'll do it.

    I got the load for $800 more than it was originally posted for the night before and early that morning. It was about $2/mi.

    So yeah that was my first time negotiating a load with a broker. I think it went pretty well :D :D :D it went my way, for sure. Boss later tells me that western SD is often $1/mi or so coming out on some days and that I got a very very good rate.

    "What would you need to make that work for you today?" was something I was hoping to hear.
    I also think I did well by recognizing that load on the board, and how the price kept going up every so often, and I was thinking to myself that hey, they need this load moved today, and they don't have a driver in that area. So I felt I had the advantage, and really I felt I probably could have asked for a couple hundred more and gotten it, but didn't want to push the issue.

    Load took me through my buddy's town and got to spend time with him and his wife today, had a good time. Getting my 34 and yes I will get down to delivery area Monday afternoon and attempt to deliver, but planning on finding another load Tuesday morning. Got to get back to MI by next Monday for the week to have my Webasto heater installed, so this week will probably be crap, and I think freight is really slowing down. Seems to be drying up quite a bit, so I'm going to have to accept the fact that I'm not going to average $2/mi on 3,200 miles for the next few weeks. But it is what it is. I had a pretty darn good first two weeks as an O/O. I'm just going to have to struggle to keep things going decently until things pick up, and I really hope they do. I think we're all counting on Trump to make good on some of his campaign promises about repatriating a lot of corporate money from overseas to invest here, and a moratorium on new regulations, and hopefully lower the corporate tax rates. We need some serious economic activity, and a lot of us out here on the road could use it.
     
  11. nax

    nax Road Train Member

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    @BoyWander

    This is what I would do....

    Prepare for the negotiation....
    1. Get a small whiteboard & an erasable sharpie
    2. Do the base calcs for what they are offering i.e. rate vs. miles
    3. Do the good rate vs. better rate vs. best rate calc (side by side)
    4. Then call the broker and have them GIVE YOU (not you give) the "we need it moved" offer
    5. Then pull them up to your best rate numbers, and hopefully you fall somwhere between better & best
    Remember, on point # 4....WHOEVER PUTS A NUMBER DOWN FIRST, LOSES

    Dont be on the losing end.

    I also liked you making the case about a lost day and the "uhhmm, sigh" about the weight....it bought you more $$ without even spitting out a number...LOL...

    Imagine how much more drivers would earn by just a "sigh"...its all in the body language

    I learned that in my business negotiaions class in undergrad, the best course ever.
     
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