CHR profits are up..

Maybe if the truck owners would refuse to haul for Cheap and Heavy they wouldn't have made such a high profit!

 

The problem is that there are too many guys out here just "playing trucks" instead of running a legitimate business. Most have no idea what their costs are so they have no idea what they can run for. I hope fuel skyrockets again and weeds these people out.

 

Amen to that! When fuel was going through the roof and alot of ppl were crying, I had some of my biggest profit margins..... The price of fuel is irrelevant in a true business, it is a cost that MUST be passed trough. Too many ppl are thinking if they do someone a favor, it will be returned but I assure you, that whole mindset is just a sorry pipe dream from ages past(Though I do wish someday that a man or woman can engage in a business transaction on a word and a handshake and it actually mean something again...). Remember to look out for #1 because no-one else will.

 

I havent had a problem with them...I pull almost exclusivley CH frieght however I have been doing it so long the loads I get NEVER hit the loadboards (actually you could say I have dedicated runs with them) and I get a very nice rate (way above whats on the loadboards).. due to the fact that I have more than PROVEN my dependability with them, and I work with the same rep everytime. She knows me and we are on eachothers speed dial on cell phones.

 

those days of hand shakes and a mans word are long gone its all for who wins first and screw the other guy

 

just gos to show you chr will play their favorites and the ones trying they jew them down to nothing ,iv had my go arounds with them,the trick with them is tell them what you will haul it for and dont settle for anything less,but after they figure out your on the up and up and get there on time everytime its less of a battle

 

It's NOT CH Robinson that's the problem.

CH is a very large company that understands that profit isn't a dirty word.

They're also very prompt about payment and fair about advances.

It's the O/O that's willing to run for the lower rate that's the problem.

The O/O needs to learn to say......NO.......to an offered rate that doesn't meet their operating costs and profit needs. I'm not talking about just breaking even.....profit is what drives business.

If it's "Too cheap".........just say NO. Don't be insulting....just say NO.....or make a counter offer that meets your money needs.

Many times the rate is negotiable and will be changed on the spot.

CH understands profit......maybe more O/Os ought to understand it as well.

Why should any O/O that's making their profit margins or maybe a little bit more even care that CH (or any broker for that matter) is making theirs???

The bigger problem is with lowlife brokers who don't pay O/Os for the service rendered..........that's the way I see it anyway.

 

If you need to make "X" amount for your BEP...don't get insulted when the broker offers you "Y" amount....

Either negotiate up or call someone else...simple as that........

 

http://www.nasdaq.com/aspx/stock-ma...rofit-up-2-on-higher-margins-as-revenue-falls

So, they make an average margin of about 20% on each load. Now you know exactly how much more money, on average, they have to offer on each load. If they offer you $1/mile, then you can assume that they have about $1.20/mile into it... $2/mile (lol!) then they have $2.40/mile into it.

In the article, it said that they had earnings of $95.5 million on $1.95 billion in revenue. So they are making less than 5 cents on the dollar. An operating ratio of 95 seems really slim for a company that has no real overhead, physical assets or infrastructure to speak of. Sure, they make it up on volume, but I wouldn't be comfortable as an investor with that type of performance. That is the thing I've never understood about CHR.