Team Freight Decisions....

@Ridgeline

 

I know this is not what you’re looking for, but you do know that you could make more money running a solo tanker than two of you can do pulling dry van, don’t you?

 

I see a lot of O/O s and companies renting trailers from Metro Trailer in Atlanta

 

How are you not making money pulling reefer...?? Like shooting fish in a barrel right now...
What's your average gross revenue per mile?

 

China?

OP, I have a couple questions.

1 - did you think that running team would be more money in your pocket?

2 - how far down did your margin dip?



OK you don't have to answer that but ... it depends.

It depends on what freight lanes you are using and where you are getting your loads.

I know that is the DUH! answer but I have a few teams running tight with general freight, hitting one after another.

One team is using LS load board and has a good reputation with three LS agents - they run under my authority.

Those running reefer are doing really very well, I just had one team go on vacation (they dropped the truck off at my yard and I drove them to the airport) and we talked this afternoon about them grossing record revenue for this year.

I can not see how you could lose money at the rates we've been seeing.

 

40% margin?

Seriously with that, you should be investing all the huge profits.

I run an average of 9% (this quarter), while other owners are as high as 14%.

BUT 40% ... really?

I assume that you are including your personal income into this which if you are driving, is included in the liabilities.

Many load boards don't have that great of freight to choose from, one reason why we went to LS external board is to capture some of that freight and because I have trucks with LS, I tapped some of the agents who also work with independents to provide non-LS freight.

IT takes some work to get out there and find the sources but you can do it, capacity is finally ... FINALLY dropping a bit (I think it was something like 1.2% drop) and the megas are scrambling to cover their sales areas with idle trucks to cover the needed projections in filling the capacity.