At the end of the day the big shots on Wall Street know what the volumns are and cost. Some say we are about where the markets should be based on volumns. So the bigshots can make money. Why the rest of us eat PBJ sandwiches
What happens to you guys during a recession?
Discussion in 'Ask An Owner Operator' started by Driver Eight, Jan 11, 2020.
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Trucking Jobs in 30 seconds
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Midwest Trucker and jamespmack Thank this.
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Just remember that load on the board is there because nobody wants it. Or it wouldnt be there.jamespmack Thanks this. -
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I get by because my personal financial situation is great. Many people are in personal debt and think this industry will make them money to live beyond their means.
If one can’t mange their personal finances properly, they have no chance when things get tightLostkeys and blairandgretchen Thank this. -
blairandgretchen Thanks this.
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I increased everything last year.
I'm still trying to figure out what I'm doing wrong.
Is this good---????
dwells40 and Linte_Loco Thank this. -
dwells40, Midwest Trucker and Dave_in_AZ Thank this. -
I haul illegal aliens to the voting booths and welfare offices here in Ca. business is booming . If you are running under your own authority you only need to look back to 2008 to set up your business profile and profit margins. Expanding too quickly trying to built a bigger fleet, in my opinion, is the quickest way to go broke. I think getting your cost per mile as low as you can is the key to survival. Expanding only as your dedicated runs demand and only using the spot market for backhauls. Doing so will insulate you to a degree of market fluctuations not 100% but as close as you can. With Insurance, fuel costs rising and the liberal hate for the trucking industry you better aim for lean and mean as a business profile. Just my .02
Midwest Trucker and olddog_newtricks Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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