Under $2/mile loads with $6/gal diesel.

Discussion in 'Ask An Owner Operator' started by kay_ray, Oct 11, 2022.

When will another strike happen

  1. No strike

    44 vote(s)
    43.6%
  2. Is $2/mile cheap ?

    4 vote(s)
    4.0%
  3. I run at $2/mile

    2 vote(s)
    2.0%
  4. Strike in 3 months

    1 vote(s)
    1.0%
  5. Strike right now

    16 vote(s)
    15.8%
  6. I don't care

    26 vote(s)
    25.7%
  7. I am a broker idgaf

    8 vote(s)
    7.9%
  1. D.Tibbitt

    D.Tibbitt Road Train Member

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    Some people will never get it...
     
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  3. Knightcrawler

    Knightcrawler Road Train Member

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    Apr 10, 2017
    Mpls, Mn oops Ocala, Fl.
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    Interesting theory. Lets put it to the test:

    Does your "15%" factor in the deadhead miles you have to run to get to the pick-up?

    Does your "15%" cover the cost of getting a tire fixed on the road?

    Does your "15%" cover the vacation time an owner-op would get paid if he was a company driver?

    Does your "15%" cover the $1500 tow and $2200 repair because a Loves oil tech stripped your drain plug? (no joke happened to me 2 months ago).

    How many more of these would you like? YOU run for 15% over your "cost". When you are OOB along with the other "people" that are willing to work for nothing, then the rates will go back up to where they should be. Until then, I run 1 load a week that pays my truck payment, my insurance, and fuel for the week and leaves me about $400 left and I make up the difference day trading...
     
    Siinman Thanks this.
  4. TallJoe

    TallJoe Road Train Member

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    Chicagoland
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    Carrier- shipper transaction has a different meaning.
    A Carrier is a party that invested in tools to perform services, without them the process could not take place. The costs of operating equipment and competition level of other carriers will determine the rate. However, carriers are the core substance of the transaction. There cannot be honey without bees. You can't starve bees and expect to find honey.
    Brokers don't make honey. They have a function of mere static auxiliary lanterns casting light on the process but may burn too much energy.
     
  5. TallJoe

    TallJoe Road Train Member

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    I came up with 15 % arbitrarily because I think I heard it somewhere on the Road Dog Radio that this was the average broker cut at the time.
    I feel, intuitively, that it is fair.
    If a brokerage is established adequately , it should be able to function to the benefit of everybody involved at this percentage.
     
  6. LoneRanger

    LoneRanger Road Train Member

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    9,541
    Jun 3, 2018
    0
    I might have to do this load just to see how idiots do it.


    8D55252F-4F6E-4907-85C4-0BC208B8ABC9.jpeg
     
  7. Knightcrawler

    Knightcrawler Road Train Member

    1,627
    5,768
    Apr 10, 2017
    Mpls, Mn oops Ocala, Fl.
    0
    Landstar brokers get 17% I believe. I took what was said as 15% to the truck (this is the o-o forum after all), which is insane.
     
    Siinman and blairandgretchen Thank this.
  8. D.Tibbitt

    D.Tibbitt Road Train Member

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    I'd hate it if the government capped my revenue at 15% ... I'd probably leave the business.. Because I'm a capitalist and believe in free markets.. If I wanted the government to limit everything I can do. I'd go live in a communist country, where that mindset belongs...

    Broker transparency or limiting how much they make, accomplishes nothing other than, the brokers will then lobby to get a limit set for how much trucking companies make.... If you're gonna make ur living on the spot market, you have to take the good rates with the bad rates.... I don't see why that's so hard to understand... why not use the time you spend complaining about rates to work on finding work that doesn't involve the spot market and brokers.?
     
  9. TallJoe

    TallJoe Road Train Member

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    Chicagoland
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    In a communist country you would not own a truck. You would work in a Kolkhoze and your truck would be my truck and my truck would be your truck.
    There is a long, long way from capping brokers to communism. Longer than Mississippi and Missouri rivers lengths combined.
    Besides, Restraining brokers is within capitalistic spirit - you heartlessly optimize your position by reducing their cut.
    Capping is not limiting how much they make but making sure they know what they owe you.
    It is about getting money.
    How's that communist?
     
  10. D.Tibbitt

    D.Tibbitt Road Train Member

    21,716
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    Apr 26, 2013
    Gettin' down westbound
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    I don't think you actually understand what you're saying... but I refuse to argue with you.... Unfortunately there is a lot of people that think the same way you do out here... and it is why the spot market is a constant game of who can be the biggest cheapskate...
     
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