Thinking about switching carriers

Discussion in 'Questions From New Drivers' started by ZX14DRAGRACER, Aug 4, 2020.

  1. ZX14DRAGRACER

    ZX14DRAGRACER Bobtail Member

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    I’ve only been driving for 2 1/2 years and own my own truck for 1 year. Would you stay with a carrier with your own truck after netting $6200 for 2 weeks after all expenses? Reason I ask is I’m thinking about jumping ship and sign to a different carrier.
     
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  3. Judge

    Judge Road Train Member

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    Still net is 3100$ week.
    So that’s after expenses, I’d stay.

    Gross 3100- expenses would be 1300-1800 depending on how much truck payment, would be my guess.
    Then I’d be tempted to look elsewhere.
     
  4. ZX14DRAGRACER

    ZX14DRAGRACER Bobtail Member

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    Yeah that’s considered the high end. My settlements are usually between $5200-$5600.
     
  5. Judge

    Judge Road Train Member

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    Yeah, but with the “sickness” everything takes a hit, everything runs down hill.

    As long as you’re making enough for bills, I’d say wait and see.
     
  6. Gdog66223

    Gdog66223 Road Train Member

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    Were in the middle of the worst pandemic in US History, I doubt anybody else is going to be any better. This company knows you, and your making decent for a lease-on job so I'd stay with them until at least after the election.
     
    rachi and Judge Thank this.
  7. ZX14DRAGRACER

    ZX14DRAGRACER Bobtail Member

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    Yeah I get that, I look at my settlements and see how much they take for load and the trailer rental percentage per load. 9% for trailer and 10% load. Company I’m looking at is 15% total. Yeah it’s only a 4% diferrence but that adds up over a year.
     
  8. Gdog66223

    Gdog66223 Road Train Member

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    I mean from the sounds of it, it sounds like your already dead set on moving so no matter what we say your gonna move anyway.
     
  9. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I'm thinking about jumping ship as well.

    Here on TTR everyone makes more money than I ( we ) do. It doesn't matter if they are borrowing money, or have no money, they all still do better.

    Basically bro, unless you are making $150K a year, take home, you're missing out.
     
  10. Razorwyr

    Razorwyr Road Train Member

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    OK, they take 19% where you are at and 15% elsewhere, but what do you get for the 19%? What do you get for the 15%? What kind of discounts do you get on fuel, maintenance, or parts at each place? How much does the average load pay at each place? How long are the average runs? There are too many factors to just assume 4% more is better or even more
     
    magoo68 Thanks this.
  11. Eddiec

    Eddiec Road Train Member

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    So based on the numbers you provided, you are trending towards a "potential" annual net of $161,200.00!
    Unless this is strictly a drop & Hook operation,or specialized carrier, talk to your CPA about investing in your own trailer, and keeping that 9%.
     
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