Considering a pilot program for O/O-feedback please.

When you put the idea on paper it looks and sounds fantastic!

Example: communism (on paper) is actually the fairest for all as a form of government. the problem....even in your description....is human greed! It may start out all well and good, but eventually the "common factor" creeps in!

 

I think all this sounds good and fine but for some reason (and if I am wrong no offense intended) this OP sounds really scammy like a business out to gain something. Once again I could be totally wrong but everything I have read by this guy sends the same vibe.

 

The problem is not the crooks offering these fleece purchase, its the never ending supply of lemmings willing to follow the one ahead that just went off the cliff to financial ruin.

 

It is clear from this rant that you know very little about this industry.

- Give a shipper 30% discount and you will be running a lot of vans for less than a $1 a mile. And some of the best market contract freight is not going to be in the $1.20 range.

- Many of the failures in this business have to do with who is running it and not the person on the other side of the desk or phone; CRE, CHR, TQL, whoever. A bad business person can be given a truck, paid on delivery for all loads, have a zero interest line of credit and still fail. Many others, like myself, can be in the most lopsided deal in the world and succeed.

- Not sure how you are calculating ROI for the hedge fund but it must have come out of one of the Obama financial teams text books. The only income you are describing for the hedge fund is the 8% loan on the equipment. But then they are losing money on the brokerage.


This, like any other business, is one where the resourceful succeed and it has less to do with resources. I have a driver that is doing pretty good with better than $2/mile dry van freight on 500 mile loads from CHR.

So while I applaud new ideas and pushing conventional thinking the basis of the idea needs to be based on what is happening and not based on the rantings of a bunch of people that are making excuses for why they can't succeed or do better.

 

not sure we could trust you with all the BIG words when we could just lease to a good honest company like mercer and let them do what they do and let us do the driving

 

Nope... I've been lucky enough to work for some people that actually had scruples, and enjoyed the hell out of it. I didn't get rich,but I never went hungry either. Unfortunately, they're a dying (literally) breed, replaced by the younger, selfish, "I'm gonna get mine and screw you" generation.

 

Personaly i have to laugh (all the way to the bank) when i hear how CHR and TQL are are scum brokers ,,, they happen to be my best 2 customers, dont get me wrong they both contain scum brokers in there thousands of employees but when your in this biz a short time you can smell them coming a mile away.

There are a lot of brokers hurting right along with the owner OPs but will still give you honesty along with a fair rate IF they have it.

 

Gotta love the lack of scruples in this business. We are getting ready for our next round of expansion and talked to a small O/O carrier in my town (just got off the phone with him). I know he is hurting for money and recent fuel prices are killing him. So thought it may be a good time for a talk about buying him out.

We both do about the same in terms of percentage to drivers but he adds 10% to insurance, keeps all fuel discounts, charges $145/week for trailer rental for trailers that cost him no more than $60/week and lies about what he actually makes on loads.

His words: "How can you make any money when you don't skim $25-$50 of the top of each load?"

There will be no offer I will just steal the best drivers.