Some numbers for new O/O

I went through Schneider.

 

Here as well... And enjoying the time off.
If more people parked and took personal time the market would correct much faster.

 

The market DID correct. Last year was a once in a lifetime opportunity rates hit historic high points.

 

I can tell those are definately real numbers. Similar but higher revenue per mile and lower fuel costs than mine. You did good. The $12000 fluke is always a risk. Buying a new Truck vs repairing and running it, a gamble. Either way it all shakes out over time.

 

I did the same thing,took a breather for once, after years of always hustling and stressing. I have to say, it was nice. Also, I don’t have to work as much as I used to.Which has always been too much,Like most Drivers. It will be interesting to see what the rates do next month.I have a feeling the Brokers are being very cautious right now, fearing the worse.Ive been able to pass up loads, and even get a little extra lately. Add a short high revenue trip to the normal round helps.I see people spending money like crazy, as long as easy credit is available, it will continue. I think I’ll try to work a little more this year though. Lol. Nothing lasts forever. With the costs of everything going up, so will rates. The key for Me is to keep my costs low.

 

Oh man!!! The ones that get me are the “rent to own rims” Lol

 

The savings and money in the bank are the only way to do this business right. My motor goes down I call and order parts and pay for them. Didn't need a banker to approve a second note on truck. 2 weeks ago I found a great deal on a used truck and went and bought it. No risk in spending my money because I have no debt in it. Can't get a paid for truck repossessed. No shop liens on my truck when I had the funds to pay for it.

I have worked with many owner operators who need a clutch and can't find the money to do it. WTF. We run the same load. These guys run 6k weeks a lot and can't buy a clutch. Learn the difference between truck income and your take home pay. Cash is King and no banker will ever get my truck.

 

That isn't the only way to make it out here but it is ONE of the ways

 

You do have to realize that these are opinions. A nice middle ground is probably a good start. The biggest thing to realize is this business is expensive. Don't spend your 5k week like it's wages. Businesses need a budget and they need cash flow.