Run my numbers or sign on?

Discussion in 'Ask An Owner Operator' started by W Bench Farms, Aug 2, 2019.

  1. W Bench Farms

    W Bench Farms Bobtail Member

    24
    7
    Oct 16, 2017
    0
    I currently have my own operating authority, and mainly haul for the farm. Our equipment, hay, grain, etc. We do have a couple of private lumber hauls that we work in, sometime one or two a week. I am thinking of running one of my trucks a little more, just finding some regional flatbed hauls within 150-200 miles. I am going back and forth on whether I should run my own authority and pull freight from the loadboards, or if I should sign one truck on with a carrier. Looking at some of the freight rates where I plan to run, it doesn't look too difficult to gross $2500 a week running 600-800 miles. I am wanting to stay flexible, as the farm keeps me busy, so some weeks I would be able to run 4 or 5 days a week, where others I may only take a load or 2. I'm not sure if there are carriers out there that would be this flexible, this is why I am leaning towards just running the loadboards. However, all of the freight that I have ran in the past has been on our own private contracts, so I'm new to the loadboards. Any help or suggestions would be appreciated.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  3. Midwest Trucker

    Midwest Trucker Road Train Member

    2,862
    7,214
    Aug 31, 2018
    0
    Your own authority 100%

    It’s not to get signed up with brokers, you’ll learn quickly what all you need and can put your own “packet” together to send them. They approve you and send you a rate con. You do the load and then invoice them. They pay in 30 to 45 days.
     
    MartinFromBC, 86scotty and Long FLD Thank this.
  4. Long FLD

    Long FLD Road Train Member

    4,566
    13,911
    Mar 4, 2015
    Fairmont NE
    0
    If you’ve already been watching what’s available for loads and need to be flexible then run your authority.
     
    MartinFromBC and 86scotty Thank this.
  5. W Bench Farms

    W Bench Farms Bobtail Member

    24
    7
    Oct 16, 2017
    0
    I figure there's going to be a learning curve on it all. Everything that I've been looking at looks good on paper, but haven't run any of it for real, so that's yet to be determined. I'm hesitant to go with a broker because the runs that I have put together off the boards are with different brokers. I had thought of finding someone close to me to help put some loads together and book them, just until I get my feet wet. Right now, when our shipper needs a truck, they call us and we schedule it in. I haven't had to call around looking for loads.

    Example of some of the runs I have been looking at, load about 60 miles from the shop, run 210 miles loaded. Reload 45 miles away, come back 249 miles loaded. 14 miles empty back to the shop. First run pays $575, 2nd run $900. 579 miles for $1475, or $2.55 all miles. I am trying to keep my miles at $2.20 or better, I think that it will make money. If I'm missing something, please point it out.
     

    Attached Files:

  6. Opendeckin

    Opendeckin Light Load Member

    258
    588
    May 20, 2018
    0
    You're in one of the best flatbed markets in the country so you should do well. The problem running those short loads though will be time. For example the Menards DC next door to you in Holiday City will think nothing of taking 6 hours to load a truck. I got $1000 on a 200 mile last minute run for them, but they took all afternoon and into the night loading it.

    You'll need to figure out who to avoid (or charge enough to cover the loading/unloading delays) and who will load/unload in a timely manner to make this work well. Running that small of an area it won't take too long to figure it out.
     
    Long FLD and Midwest Trucker Thank this.
  7. 86scotty

    86scotty Road Train Member

    1,911
    4,256
    Aug 27, 2017
    Appalachia
    0
    You have a business, the farm, so that takes priority. Running for someone else, they won’t like not being your priority.

    Run for yourself. Run when you want, how you want.
     
  8. Fatboy42

    Fatboy42 Light Load Member

    267
    356
    Feb 9, 2011
    Indiana
    0
    I have had my own authority for many years, that being said I hauled many loads for a certain carrier and they offered me to lease on with them like an idiot I did. I have no issues with this company still pull some loads for them but I’m back under my authority. Their customer I was hauling for changed stuff and there were times they could not load me. Went from 2 or 3 loads a day to 1 then sometimes 1 a day only 3 days a week. Now being leased I could not haul for any one else or if I did find something I had to give them their cut. So just run your own numbers and live happily ever after.
     
    Midwest Trucker Thanks this.
  9. Cat sdp

    Cat sdp . .

    11,919
    24,314
    Apr 8, 2012
    Orion's Belt
    0
    Your gonna have a hard time getting that second load off the truck the same day.....
     
  10. Shotgun94

    Shotgun94 Medium Load Member

    443
    271
    Sep 24, 2017
    Georgia
    0
    So with say tql, coyote, ch rob, etc you can make your own packet for them to fill out instead of you filling their's out to be an approved carrier?
    Or when you send them a packet is it to the smaller brokerages only?
    Still thinking about that authority y'all, insurance is the main thing that keeps me back.
     
  11. Shotgun94

    Shotgun94 Medium Load Member

    443
    271
    Sep 24, 2017
    Georgia
    0
    Are you able to get an insurrance quote before paying the 300 for authority?

    Makes me think, i pay the 300, then i can see what the insurrance would be, see where i am at etc.


    also does anyone here haul for scneider or swift or werner or other carriers as an outside carrier on their boards?

    I see some of the boards but you don't know what the rate is so i assume you call on it. As oppossed to someone who is leased to schneider or LS where they can see what the rate is.

    Or if your on dat or its or 123 or whatever other board their is if you pay more for the 15 day average to get an idea of the rate.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

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

  • Draft saved Draft deleted