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

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

  1. Long FLD

    Long FLD Road Train Member

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    The company I run for also has flatbeds, conestogas, and some vans with ramps. The company trucks do a lot of that stuff, but at the same time I could too if I wanted to. But I’m not interested in hauling glass all the time or having to build decks in the trailer to haul pad wrap loads, and then taking the decks out and trying to store the plywood and all the blankets when you have to load back. The way I look at it is if the overall company is doing well then it allows them to grow and pick up more contracts and that’s better for all of us that are here.
     
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  3. DUNE-T

    DUNE-T Road Train Member

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    How many miles and how many days of work?
     
  4. JoeyJunk

    JoeyJunk Road Train Member

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    3.5. 723 miles
     
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  5. Rubber duck kw

    Rubber duck kw Road Train Member

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    I hope you're local and home every night for that. I spent 1.5 days in Shattuck Oklahoma this week waiting for it to be dry enough to load. 400 dollars to sit around and do nothing but eat and fart, about went out of my mind. I hate sitting in the truck doing nothing.
     
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  6. JoeyJunk

    JoeyJunk Road Train Member

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    Almost. I don’t go far. Sometimes it’s only a 5 hour day.
     
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  7. Kenworth6969

    Kenworth6969 Road Train Member

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    Problem is now everything is high.
    From tires, oil changes, truck prices and flying j pizza.
     
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  8. GYPSY65

    GYPSY65 Road Train Member

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    Previous company I leased to I got 90% but had to pay for their cargo which I think was around $0.10 per mile ??
    And a bunch of other fees
    I now get 75% but the cargo etc is covered by the company. I just cover my own truck and trailer plus the comp thing etc

    I’m not 100% sure but I think Mercer does the same
     
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  9. Concorde

    Concorde Road Train Member

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    West Melbourne Florida
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    Last company I was leased to charged 15% if you had your own trailer. I paid fuel, quarterly ifta tax and that was it. Everything else was inclusive aside for a $1k deposit on the Omnitracs unit.

    Was an awesome company and we were given all the tools to dispatch ourselves.
    The company owner is also a TTR member.
     
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  10. Kenworth6969

    Kenworth6969 Road Train Member

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    Say you gross $300,000 that extra 15% = $45,000

    Even at 100,000 miles that cargo and couple fees won't come close to $45,000.

    Giving up extra percentage adds up quick, especially when earner higher revenue.
     
  11. Siinman

    Siinman Road Train Member

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    I thought you was gonna go a whole different route with the wife coming out. Like you was gonna make her the welder. Ha ha
     
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