Maybe they don't but they sure buy them up by hundreds to cover any load available. They can operate at lower cost than average o/o with single truck like myself.
TQL scum
Discussion in 'Ask An Owner Operator' started by mitmaks, Mar 9, 2023.
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Every joe blow and their brother has gone out and bought a truck, or a few more more, those payments on that 5 year old 200k truck and 10 year old 50k trailer come every month no matter what, they are the ones that have no choice but to run the wheels off for $2.50 a mile or less, because they have no choice
megas also have huge overhead with all the useless bean counters they have in officesLast edited: Mar 9, 2023
Vampire and Rideandrepair Thank this. -
IMO 3 Weeks is way too long to be out. For me now anything over a week I need to step out. It's an unfortunate industry today compared to yesterday going back about 30 years. In the late 90's when I ran the East Coast and some midwest things weren't that bad. My timing was bad when jumping back into the Owner Operator business. Even though its been a rough road, I am still at it and know that as an O/o you need to watch every penny. I find with the Megas, they try to con drivers and o/o lease on by showing their highest paid driver on their list. But never mention the politics with Dispatchers who either add you to the load board with brokers screwing the O/o's in these times or give you a dedicated customer to keep you floating in the water. Favoritism amongst certain drivers & dispatchers occurs usually creating a bad environment for the O/o's. Unscrupulous Brokers are the same as unscrupulous dispatchers in a lot of ways. What goes up must go down and vice versa so in time I believe things will pickup hopefully sooner than later.Vampire, Rideandrepair and mitmaks Thank this.
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I see this as (and - another dumb trucker with 8 years in, many have seen far more years of cycles) - as, "This is about normal for spot market rates, maybe a bit low" - and all other pitches and heaves are the "Profitable times".
During the last "Pitch and Heave", capacity surged, and now is the period where everything "corrects".
Those that are cash flush survive by parking (quietly striking?) - and those finance heavy run themselves out of business.
In that stupid video posted, why is the video not "We went home and went broke in the driveway" instead of the drivel that it is?Jubal Early Times, JoeyJunk, exhausted379 and 7 others Thank this. -
YES!!!!!!
We didn't pull a load for 4 months. Why didn't everyone join in then?????
It's all good though. When are we starting?Jubal Early Times, JoeyJunk and blairandgretchen Thank this. -
I don't think so. They have huge overhead. They get top dige, or they don't go.Jubal Early Times, JoeyJunk, RubyEagle and 2 others Thank this.
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I’m starting tomorrow afternoon or dinner time at the latest. I will be striking until the 26th.JoeyJunk, blairandgretchen and Dave_in_AZ Thank this.
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Tomorrow afternoon is no good for us, plus we're planned out for awhile.
The 26th would be much better. -
Just the beginning of minds coming unraveled on the way down. I remember last time. Guys were just way too stressed out. Ripping hoses off fuel pumps, trying to pick fights in the parking lot, over silly things. Everyone blaming each other. I’m surprised it hasn’t started yet. Hope it doesn’t. Can’t change the Market. It will change when it has to, not when you want it to. Self proclaimed expert seasoned pros calling diesel fuel “gas”. I have to admit though, I like the idea of boycotting a certain broker. That’s not practical, enough bad practices and one by one it happens naturally. Welcome to the real world free market. I suggest the YouTubers keep making videos. Might help make that $3000 Truck payment,$1500 Trailer payment, and their new authority $2000 insurance payment. Cry me a river. It’s tough all over. Can’t survive, look elsewhere. That applies to myself as well. That’s how it works. All the YouTube videos ever made won’t change it.
themetro, Jubal Early Times, JoeyJunk and 3 others Thank this. -
OOIDA and a lot of other places. It is a commonly know number, it fluctuates between 9 and 10%. Reality seems to be closer to 13% with the over capacity we have, we should be at 9%.
NO that's wrong, they cover areas, not loads, they look at their customer base in areas and determine how many trucks should be in the fleet and how many they need to cover a specific area.
No the spot market is driven by a combination the brokers and owner/operators and it is tied with the capacity of the industry, not just owners or small fleets.
It is a combination of the owner/operator, the small fleets and other fleets, megas don't saturate the market to the point it drives down rates but now we have too many owners who are marginal taking anything they can.
Most megas don't get loads off of the load board or spot market, they have established customers or they work with other megas to cover work they can't.
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