Some numbers for new O/O

Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.

  1. Farmerbob1

    Farmerbob1 Road Train Member

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    I am not taking offense, because as a non-driver, you dont know enough about the industry to offend me without making a very direct insult.

    Simply working hard and knowing how to back a truck is not enough. If it were, there wouldn't be so many people who cannot make money in the industry as o/o, or even as company drivers. Bad luck does not explain it all.
     
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  2. jochnessmonster

    jochnessmonster Bobtail Member

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    I think the sum of everything here is owning your truck as long as fuel prices are above 3.00 is not easy. Being an O/O that spends upwards of 13k on fuel a month before fsc and condata discounts (fueling every other day averaging 3.25 a gallon at an average of 250 gallons a fill up..) really takes the wind out of your sails when the truck has grossed 25k and you walk away at the end of the month with 4,500...
     
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  3. Scooter Jones

    Scooter Jones Road Train Member

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    52% of gross revenue is going into fuel cost? That could be an issue, for sure.
     
    Last edited: Nov 7, 2018
  4. jochnessmonster

    jochnessmonster Bobtail Member

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    Those aren’t every single month figures, I’m just stating as a “what could be” type situation.
     
  5. adayrider

    adayrider Road Train Member

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    It was an issue back in 08 when fuel went over $5 a gallon.
     
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  6. Scooter Jones

    Scooter Jones Road Train Member

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    Sorry, guess I misunderstood you. I thought you were stating that's what you are paying on fuel as an O/O right now. Not that it was a "what if" scenario.

    Are you currently an O/O?
     
  7. Scooter Jones

    Scooter Jones Road Train Member

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    I heard that. I didn't get into this Industry until 2009. However, I would imagine the guys that were charging an appropriate rate were able to survive just fine, no?
     
  8. adayrider

    adayrider Road Train Member

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    There was a lot of freight moving at that time and payed good but pulling up to the pump and pumping over a $1000 in the tank was heart stopping. It was really hard to imagine how you were going to stay above water. It was on a steady climb with no end in site.
     
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  9. whoopNride

    whoopNride Road Train Member

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    A major issue. I just took a look, my fuel cost is at 15.89% for this year.

    But, I don't chase miles and I don't haul Cheap freight either.
     
  10. Scooter Jones

    Scooter Jones Road Train Member

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    That's a beautiful thang ;-)
     
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