Returning o/o : Maybe?

Discussion in 'Ask An Owner Operator' started by BIGMIKE1, Feb 13, 2010.

  1. broncrider

    broncrider Road Train Member

    if you havent pulled a platform trailer before, now is not a good time to start

    even in good times its hard to find good lanes with matching frieght.......now is a little less than ideal, add in the fact you want a very un-fuel efficent truck and your getting way behind the 8 ball

    coastie....hope it works out man
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. BIGMIKE1

    BIGMIKE1 Light Load Member

    257
    86
    Jan 23, 2010
    Missouri
    0
    Hey Broncrider i appreciate the input, its just that ive seen a lot of loads out of my area which is in zone 5 running to zones 5 and 6 for about $1.70 to $1.98 and loads coming back for around 1.60 to 1.90. I know thats not the greatest but with my $1.68 per mile overhead including my own wages it would get me through till times got better. As far as the truck fuel mileage is concerned you can take a c-15 cat in a hood and make a few minor modifications and get 6.5 MPG out of her,weve done it before to one that was mostly running all city and averaged off the ecm at 6.2 MPG.:yes2557:
     
  4. BIGMIKE1

    BIGMIKE1 Light Load Member

    257
    86
    Jan 23, 2010
    Missouri
    0
    I just want to share with everyone, the reason i think now is as good a time as any to get back in this business is because just as with the stock market or commodities market the time to get in is when everybody is so pestimistic about everything and that the sky is falling. If you look back in history this is usually the case. Think of this business just like the markets do you want to buy when trucks and freight prices are at their peak and getting ready to fall off the cliff,:biggrin_2551: or do you want to get in on the bottom floor. Just keep in mind everybody that when things look the worst the clouds are getting ready to part, you just need to trust in the lord. If your lucky enough to be doing what you love to do put all your heart and soul into it and it will work out for you because nobody can ever put their heart and soul into something they dont enjoy.
     
    scratch Thanks this.
  5. MedicineMan

    MedicineMan Road Train Member

    5,799
    6,440
    Jan 13, 2007
    Woodville, TX
    0
  6. BIGMIKE1

    BIGMIKE1 Light Load Member

    257
    86
    Jan 23, 2010
    Missouri
    0
    :biggrin_25511:
    Medicine man, do i detect a little sarcasm.:biggrin_25512:
     
  7. broncrider

    broncrider Road Train Member

    im not saying it cant be done with a 'hood......in fact a friend of mine is getting right below 6.5 mpg with his

    but theres alot more to securement and tarping than most poeple think, you do it wrong and you either ruin equipment (straps and tarps) or it comes off an kills someone

    MM is kinda sarcastic at times, but mostly he's a realist who has in depth knowledge of how this industry can make or break ya
     
  8. Derailed

    Derailed Road Train Member

    2,383
    2,657
    Dec 10, 2008
    Upstate NY
    0
    Ive been out of the o/o scene for a little while myself and have been keeping a close eye on things as im in the same boat you are as I hate my current job. I was kicking around buying another truck and putting it to work hauling a reefer out of Rotterdam. Im having a hard time justifying though as I dont see us being at the bottom yet. Everytime something pops up that seems to pay good around here it gets cut down by JB Hunt, Prime or one of these other cut throats. If you do decide to do something I would try to hang on to your state job and maybe operate regionally on your off days at first to see just how things might go.
     
  9. BIGMIKE1

    BIGMIKE1 Light Load Member

    257
    86
    Jan 23, 2010
    Missouri
    0
    Derailed, i understand where your coming from and i dont know if were at the bottom yet or not. I do know that if i dont start by this spring or early summer then i will probably wait till next year as i want to start when the freight season is in full swing to take advantage of paying as much on set expenses as possible. I cant justify just doing it regionaly on days off as the insurance would just be to expensive. :biggrin_2558:
     
  10. slabrunner

    slabrunner Light Load Member

    158
    36
    Jan 17, 2010
    Muskegon, MI
    0
    when things start recovering a little bit you will see a fast jump in rates because of the tightening in capacity.

    That depends on the elasticity of supply. It may differ somewhat regionally but all in all the supply has historically been highly elastic. In other words, as margins increase the supply surges to meet it. It's just too easy for new suppliers to enter this service market.
     
  11. MedicineMan

    MedicineMan Road Train Member

    5,799
    6,440
    Jan 13, 2007
    Woodville, TX
    0
    don't expect to see rate up any time soon.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.