Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. God prefers Diesels

    God prefers Diesels Road Train Member

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    This is my last month with ITS for now. I admit, I actually really like the new interface, and the recent update on the phone app is pretty darn good as well.

    The problem is since the update, it's not very stable. It's constantly needing restarted, and when you do, loads pop up from an hour ago that weren't there all morning. Even when I'm paying for the top package with real time updates. So I don't trust it.

    Also, the mileage is off about 30% of the time. Dead head, and loaded miles. And I'm not talking fifty miles. I'm talking North Dakota to Texas showing 65 loaded miles. I asked a broker about it, and they said since the update the only way they can guarantee the miles are right is when they manually input them. So this problem makes sorting by rate per mile useless, because you have to map every load and double check.

    I'm just sick of it. Going back to DAT for a minute.
     
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  3. Dirk Diggler

    Dirk Diggler Light Load Member

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    They have never been accurate on mileage. You should always double check the mileage before you book. I will admit the new app is glitchy. They should have left it alone.
     
  4. Kenworth6969

    Kenworth6969 Road Train Member

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    Those numbers for costs for a carrier, NOT an owner operator.
    The wages, benefits and administration costs is what inflates the number.

    A guy running his own show will have a lot different breakeven costs than a trucking company with 100 trucks for example.
     
    Rideandrepair and D.Tibbitt Thank this.
  5. God prefers Diesels

    God prefers Diesels Road Train Member

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    This is sarcasm, right?

    O/O is a carrier. They also pay themselves, pay for benefits, pay for administrative costs, ect. One truck, or 50,000 trucks just changes the scale. If anything, the larger scale gives better fuel discounts, maintenance discounts ect due to volume, on top of the possibility of being self-insured, and so on. So the costs for a carrier should decrease as they scale. Not increase.
     
  6. Kenworth6969

    Kenworth6969 Road Train Member

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    Do you pay for an office building?
    Do you pay for dispatchers?
    Do you pay other employees like management, billing etc?
    There's other random things too like what if one of your drivers quits and abandons a truck, you are on the hook recovering it and still covering costs on the truck until another driver gets brought in.

    Yes things like if you can pull off being self insured lowers costs but still having many trucks adds costs because you as a single person can't do everything that you possibly can do as a single truck operator.

    That cost number truckstop put out wasn't simply just made up.
     
    Last edited: Jul 30, 2022
  7. God prefers Diesels

    God prefers Diesels Road Train Member

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    I'll concede that point.
     
  8. Dirk Diggler

    Dirk Diggler Light Load Member

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    Before all the updates you used to be able to do a “what”?
     
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  9. Dirk Diggler

    Dirk Diggler Light Load Member

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    I am a carrier. I have all the expenses you laid forth. They are still inflated. I will admit that a 1.40 is also not likely accurate. It’s probably closer to 2.50 to 2.75 if I were to take a wild guess as to what a generic van or flat’s true cost are.

    which if you added a 20-25 percent profit margin onto that you would be in the 3-3.5 range for a rate. And then you need to quote that rate for not just loaded, but DH miles also.
     
  10. PakMak

    PakMak Bobtail Member

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    Exactly this, is it supposed to be impressive lmao? Kinda makes his 30k look pathetic since it was 19k prior to that. He’s trying so hard to boost his own ego when we can all see through the BS.
     
    Rideandrepair and Dirk Diggler Thank this.
  11. D.Tibbitt

    D.Tibbitt Road Train Member

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    Wait what? Sorry, conceding another's point is not allowed in this thread. You must fight until the bitter end ! There can only be one survivor :biggrin_25523:
     
    larry2903, LameMule, Magoo1968 and 8 others Thank this.
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