Why you'll go Bankrupt hauling around $2 a mile loads

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Jun 3, 2022.

  1. Kenworth6969

    Kenworth6969 Road Train Member

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    I was quoting the person who said "Plenty of 85-90% (with your own trailer) that have no other charges."

    Still waiting to see those jobs listings.
    Everywhere I look you still pay for the insurances and some other fees.
     
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  3. bumper Jack

    bumper Jack Heavy Load Member

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    He said he pays 87%. Did you miss that?
     
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  4. GYPSY65

    GYPSY65 Road Train Member

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    I own my own gear and my leased on rate was 90% at the last place and now it’s 75%

    You need to stop looking at that % rate. At 75% I’m better than the 90% and I only cover my personal insurance
     
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  5. Rubber duck kw

    Rubber duck kw Road Train Member

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    If you have to explain to somebody why they'll go broke hauling for no or very little profit there's only one way they're going to learn.
     
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  6. Judge

    Judge Road Train Member

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    But!!!!

    What if the carrier only takes 10%????

    AND you’re discount fuel is 4.71$: Gal
    03FB043B-EA4F-4008-BCC3-24B7718FFB11.jpeg





    Asking for a Friend.
     
  7. Big Road Skateboard

    Big Road Skateboard Road Train Member

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    But then he wouldn't get any post likes
     
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  8. bumper Jack

    bumper Jack Heavy Load Member

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    Good thing for him there isn’t any post dislike button
     
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  9. God prefers Diesels

    God prefers Diesels Road Train Member

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    Yeah, but YOU pull a flatbed. So why are you concerned with van rates?

    And just because the gravy train is coming to an end doesn't mean everyone can't make a good living. 99.99% of truckers won't pull unless there's a profit to be made, so no matter what rates are, rates will be profitable. Doesn't matter the cost of diesel, parts, new trucks, insurance, none of that matters. Might have to step down from rib eye to sirloin, but nobody's eating Ramen noodles. Except maybe the OM.
     
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  10. Kenworth6969

    Kenworth6969 Road Train Member

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    I'm personally not too concerned as Iong as my flatbed holds up which it has.
    We all know mire people jumping ship from van though
     
  11. Kenworth6969

    Kenworth6969 Road Train Member

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    Meanwhile the same people keep showing up in my threads.
    :hiding:

    :wav:
     
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