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Struggling as an Owner Operator in this economy.

Discussion in 'Ask An Owner Operator' started by pumpkinishere, Nov 11, 2022.

Page 2 of 6
  1. Nov 11, 2022 #11
    Long FLD

    Long FLD Road Train Member

    11,879
    48,739
    Mar 4, 2015
    0
    I don’t know your financial situation or where you live but there are FedEx Ground contractors hiring right now paying over 90 cents to the driver. You could always park the truck and drive for someone until stuff gets more back to normal.
     
    Long FLD, Nov 11, 2022
    Long FLD, Nov 11, 2022
    #11
    Another Canadian driver, TallJoe, Siinman and 4 others Thank this.
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  3. Nov 11, 2022 #11
    Banker

    Banker Road Train Member

    4,110
    11,919
    Aug 19, 2012
    0
    In years past Teams signing on for the entire peak season with UPS or Fed Ex would be a hot commodity. This years rates may be down, but it may beat the current spot market freight and could get you a couple months of stability.
     
    Banker, Nov 11, 2022
    Banker, Nov 11, 2022
    #11
    Another Canadian driver, Siinman, Long FLD and 2 others Thank this.
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  5. Nov 11, 2022 #12
    pumpkinishere

    pumpkinishere Heavy Load Member

    945
    4,986
    Apr 21, 2021
    0
    Thank you all for your responses. A lot of ideas here and good information as usual. Thankfully our equipment is paid in full so we don’t have that worry of expense. We kinda figured flatbed with the weather was going to slow down but the rates have been 2.00 to 2.30 a mile which after fuel and expense we figure we making company wages. We like that idea of making the box from Memphis to Atlanta, Cleveland, Chicago, so we looking into something like that. Our problem is we don’t have current flatbed customers. We do have a couple of customers on the power only side who call upon us but they just don’t call often enough. We did what lual mentioned and thought outside the box a little bit and we called on a couple power only loads today. We have one booked for tomorrow paying 3.20 and we can use their trailer for 5 days after delivery free of charge. So I guess we going to go that avenue for the time being. Thank you all for your recommendations and although I’ve never met any of you I truly feel like I can ask questions and get solid advice from all of you. To me your my TTR and I appreciate each and every one of you. Blessings to you all.
     
    pumpkinishere, Nov 11, 2022
    pumpkinishere, Nov 11, 2022
    #12
    86scotty, Another Canadian driver, Oxbow and 11 others Thank this.
  6. Nov 11, 2022 #13
    Banker

    Banker Road Train Member

    4,110
    11,919
    Aug 19, 2012
    0
    Since you have your own authority I would contact Coyote. They are owned by UPS and handle setting up all the peak runs. It may or may not work out, but it doesn’t hurt to see where they need the help the most. In Louisville Mercer has it locked up, they have owner ops being paid to “stand by” and get paid hourly just for when they need an extra power unit.
     
    Banker, Nov 11, 2022
    Banker, Nov 11, 2022
    #13
    Another Canadian driver, Feedman, D.Tibbitt and 4 others Thank this.
  7. Nov 11, 2022 #14
    pumpkinishere

    pumpkinishere Heavy Load Member

    945
    4,986
    Apr 21, 2021
    0
    Yes I need to check into coyote. Thank you for the reminder.
     
    pumpkinishere, Nov 11, 2022
    pumpkinishere, Nov 11, 2022
    #14
    Another Canadian driver and Banker Thank this.
  9. Nov 11, 2022 #15
    Judge

    Judge Road Train Member

    13,284
    87,641
    Mar 19, 2014
    Arkansas
    0
    There’s a ton of new convoy trailers waiting for delivery in Jonesboro AR, seen them the other day, about 30-40 of them.
     
    Judge, Nov 11, 2022
    Judge, Nov 11, 2022
    #15
    Another Canadian driver, Feedman, pumpkinishere and 1 other person Thank this.
  10. Nov 11, 2022 #16
    san00

    san00 Medium Load Member

    332
    1,241
    Jan 3, 2011
    0
    Same in Northwest Arkansas. I don't know what they are doing. I don't know if it's a Wal Mart contract or what.
     
    san00, Nov 11, 2022
    san00, Nov 11, 2022
    #16
    Another Canadian driver and pumpkinishere Thank this.
  11. Nov 11, 2022 #17
    W923

    W923 Road Train Member

    1,340
    4,080
    Feb 28, 2022
    0
    Buy a cheap hopper and haul grain. Not the best paying but it will keep money coming in. At least in central Illinois it’s pretty easy to get something going. I would assume that most of Indiana would be similar
     
    W923, Nov 11, 2022
    W923, Nov 11, 2022
    #17
    Another Canadian driver and pumpkinishere Thank this.
  12. Nov 11, 2022 #18
    Midwest Trucker

    Midwest Trucker Road Train Member

    5,889
    21,240
    Aug 31, 2018
    0
    I'm bidding on some new stuff that would work well for you. You'd have to slam doors though. lol

    If it comes to fruition i'll give a hollar. I think we're all having to sharpen our pencils right now. It seems to be hitting especially hard all of a sudden. Hell, I had a team, and a solo reach out today about driving company trucks. That hasnt happened, umm... maybe ever in a same day.
     
    Midwest Trucker, Nov 11, 2022
    Midwest Trucker, Nov 11, 2022
    #18
    Another Canadian driver, Oxbow, Feedman and 6 others Thank this.
  13. Nov 12, 2022 #19
    Siinman

    Siinman Road Train Member

    5,283
    13,360
    Mar 5, 2017
    Kansas City, MO.
    0
    Siinman, Nov 12, 2022
    Siinman, Nov 12, 2022
    #19
    Another Canadian driver and pumpkinishere Thank this.
  14. Nov 12, 2022 #20
    Judge

    Judge Road Train Member

    13,284
    87,641
    Mar 19, 2014
    Arkansas
    0
    He deals with vans/reefers/flats/drop deck
    He didn’t deal with tank/bulk/commodity trailers.
    haven’t talked with him in a bit cause i do dry bulk now
     
    Judge, Nov 12, 2022
    Judge, Nov 12, 2022
    #20
    Another Canadian driver, Siinman and pumpkinishere Thank this.
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