Crude Oil Owner Operator- Profit & Loss Statement (Full Disclosure)

Crude gotta move

 

Bummer

 

I truly hate company that do this. About 12 years ago in the city I was living we had all the gravel haulers stop their trucks and park on the side of the road for 2 weeks in protest of outsiders coming into the province and slashing the rates hard. Eventually rates were mandated so people couldn’t cut them so hard.

 

Did they just set a floor rate, or were you locked in both ways?

 

This is an interesting take into this world of trucking. I just hope you're not still paying $2500 a year for bobtail insurance. Mine is $480 a year.

 

That's pretty good including the trailer.

 

Hey Rockdoc, who do you have insurance with that it's soo low? Im paying over twice that price. I'm happy with it's policy (tow reimbursement, hotel, rental car etc up to $100 daily repaid after breakdown). But not sure if my price is right??? $190 monthly for bobtail.

 

Also to add a quick note to the OILFIELD CRUDE HAULING UPDATE... Things are down temporarily. I believe because it's 'tax time' & that time of year, called 'seasonal lag'. I recently (almost a year ago) purchased my own truck to cash in... oops, lol. It will be back fellows, bigger & badder. Have your ducks ready!!!