Current state of trucking industry summed up into one image

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Apr 30, 2022.

  1. Heaveninamoment

    Heaveninamoment Light Load Member

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    i felt the same after reading it. Eh. What can we do? I can be just as happy in a palace suite as in the bush of a remote African village with wild monkeys stealing my breakfast and ants crawling on the food I’m eating-they’re just more food to eat right?
     
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  3. teemobile707

    teemobile707 Bobtail Member

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    I get his point here! If you have equipment that is not paid for yet, you'd have to keep rolling. Selling the equipment is always an option but breaking even and walking away would be determined on the value of said equipment. If your equipment is paid for then you have a clean cut choice on if you'd like to continue as an O/O.
     
  4. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Just because a dealer is selling an over priced truck for $130K, doesn't mean you're going to be able to.

    You need a buyer, that has the money. Unless you're going to carry the note.
     
  5. Heaveninamoment

    Heaveninamoment Light Load Member

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    Ooooo y
    Ok yeah that was me. I worked non stop for about 20 months with nothing but my 34’s off to pay mine off. I couldn’t leave and ooooo how I wish I could but it’s cool now.
     
  6. teemobile707

    teemobile707 Bobtail Member

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    For sure, now is NOT the time to buy a truck! If you own your own truck OR purchased one when the prices were no so over inflated you may be in good shape. Question is: do you want to continue down the Brandon Yellow Brick Road?! :)
     
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  7. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I'm not sure what that means. My political view is just to the right of Atilla The Hun's.

    Trucking, like just about everything, have people that make it look easy. Doesn't mean that it is.

    Lot's of folks want to be O/O, but simply don't possess the skill set necessary. And some learn that the hard way.
     
  8. 201

    201 Road Train Member

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    I'm no teacher, but with nobody to buy the truck, and those payments keep coming in, quitting is not an option, unless you bail on society altogether. You have to take in the shorts whatever "they" throw at you, and something else has to suffer, like maintenance, or the wifeys new bathroom and "wait it out", until you have nothing left to sacrifice. I have a farmer friend that told me 20 years ago, he lost $1,000 A WEEK, but had so much into the farm, he couldn't afford to quit.
     
  9. Heaveninamoment

    Heaveninamoment Light Load Member

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    technically I am losing $3,000 a week or more depending on who is doing the books. It’s all up to whatever fits best for each person. Yes I take whatever “they” throw at me, whatever is on the load boards public and internal and from brokers calling. I am not like y’all with my own manufacturing plant and distribution centers where I can create a product and ship it to my own sellers for any rate I demand from my imagination. I’m ok with where I’m at in life because I cannot do any better at the moment and when I have and can then that I do. And if I knew of a better way I’d take it too.
     
    201 Thanks this.
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