Oil industry is too unstable. Prices go up, they pump. Prices go down, drivers get fired. Add, I'm not really hot about living in NE Colorado.
Anyone Quitting??
Discussion in 'Ask An Owner Operator' started by blessedman, Dec 29, 2015.
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As for sitting and waiting,.. I dont do that.
My carrier had some trucks sitting. I borrowed his 2010 Cascadia with 53' manac step deck that was set up similar to mine. I ran it for about a week and grew disgusted with the truck. 2010 and it and the trailer we beat to crap. Brought it back and took his 2012 Coronado SD 9 axle RGN setup for the remaining 6 weeks till my truck was ready.
I did not sit idle. I could not afford that,.. not with no income coming in,.. I would have been broke if I did. I have too many bills at home. I have another house on the market that I am trying to sell. Meanwhile the bank still wants that note, govt still wants the property taxes. I have a disabled brother living in the house who requires $1500 a month in nursing and daycare services. Then I have the house and property I am in now. I took out a loan to finish my driveway and got a foundation built for an 8500 sqft out building to be built, The plumbing and electric is in the ground. Just need to pay that off before I can afford to take out a loan to have the building built. Once all that is done I can bring my truck home and park it in the building.
I did not just sit home watching reruns all day. It wasnt like that at all. That RGN was a lot of work. Gave me a new found respect for the heavy haul guys. I stayed working the entire time.
Hurst -
HurstG13Tomcat Thanks this. -
Why would you quit?
CDL school will never teach you everything you can know. When I signed up for school the guy opened my mind up and told me that I have a bright future, and to look around his office. Every single thing had to be TRANSPORTED. Transportation will always be the key into making money. Does that mean Elogs, Automated trucks? Whatever it means, as long as you got a hold in transportation, you will make money.
But let's get to this. Are guys quitting? Why? Maybe they should quit their companies if they aren't doing to well. If they're I/C maybe they should lease onto a good carrier since they can't make it happen themselves.
2014 Everyone went out an bought a truck thinking "oh man market has been going up, let's go buy more trucks!". Suddenly all these companies cry driver shortage. I remember a guy deadheading his company driver 700 miles every other load because "freight paid good". Suddenly that rates went down for WHATEVER reason it's time to quit?
Those that choose to quit, and then in Sept. 2016 let's say rates are paying $6,000 on 800 mile and fuel is only 1.23/gallon. You're not going to come back into the game acting like Mr Macho?
This a business and every business has it's ups and downs, and those that quit now, never have established anything prior to now, and won't establish anything after now.natanishe, Dominick253, mc8541ss and 1 other person Thank this. -
@Hurst .... MUCH respect, man. TOTAL. OD is hard; do it on the downturn.
@Flipflops ... DITTO... tanks rock.
Y'ALL 2 just summed it up in the last two posts, thank you.scottlav46 and Flipflops Thank this. -
I was perfectly fine working, but my work has a PRICE. I'd better be getting enough runs to pull down at least $800/week or it's not worth it for me. I have goals in life which are related to how much I can save. Saving doesn't happen when you're getting $150-$330 for weeks at a time. I can stay home and make more than that.
Plus the Canada thing really pissed me off.Last edited: Dec 31, 2015
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04 LowMax Thanks this.
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Dominick253 and 04 LowMax Thank this.
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producelove85 and whoopNride Thank this.
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New truck sales are down 37% from this time last year.
Truck dealers have over 50,000 new trucks on their hands that they can't sell.
Reason being that demand for goods is down, therefore the trucks that haul those goods are not needed.
Rates are affected as well.
Hoo boy, we're going on a little ride folks........Dominick253 and Lone Ranger 13 Thank this.
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