Cutting cost vs. increasing revenue

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  #31  
Old 02-11-2009, 01:37 PM
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One truck is sitting. I am trying to find a driver. Another is sitting more than I would prefer. I won't run my trucks for less than it costs to operate and make a profit. There are loads this morning for as little as $1/mile or less. Some poor guy will likely take them eventually. Some seem to fly off the boards about as quickly as they are posted. Some people with whom I deal don't always post their loads, but even those are cheap compared to what we have been accustomed to seeing. Some people have a choice of taking a load that pays little or no profit or sitting. Personally, I prefer sitting if I can't make something on a load.
 
  #32  
Old 02-11-2009, 01:57 PM
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Originally Posted by lowrange
Are your trucks sitting right now, Gman?

See, I've often longed for a place big enough to park a truck and a trailer, but I don't have it. I definitely don't have a place big enough to park a small fleet and have my own shop. Add to that all the paperwork. I don't have a spouse at home to handle a lot of that, and I'm not organized enough to keep my own truck on the road and do all of that, too- fuel taxes, hiring drivers, making payroll, finding loads...Man, it's so much! Is anyone able to do that without at least a spouse working full-time anchoring things at home? Nah, I'm not in a position to expand. But, it's still interesting to hear from those of you who have and how you've done it.
It helps to have a spouse help with the paperwork and to hunt and book loads. Finding decent paying loads is a full time job in itself. I know a number of owners who got rid of their authority and lease to another carrier just to get rid of the paperwork. Some people make as much or more leasing to a carrier as they would running their own authority. You need to be very organized to run this type of business. In fact, any business requires a certain amount of organizational ability. It should not make any difference which way you decide to go. It is less stressful for some to lease rather than run their authority. Just do what makes you most comfortable. Whichever way you can enjoy what you are doing and make a good living is the way to go.
 
  #33  
Old 02-11-2009, 02:20 PM
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Originally Posted by GMAN
It helps to have a spouse help with the paperwork and to hunt and book loads. Finding decent paying loads is a full time job in itself. I know a number of owners who got rid of their authority and lease to another carrier just to get rid of the paperwork. Some people make as much or more leasing to a carrier as they would running their own authority. You need to be very organized to run this type of business. In fact, any business requires a certain amount of organizational ability. It should not make any difference which way you decide to go. It is less stressful for some to lease rather than run their authority. Just do what makes you most comfortable. Whichever way you can enjoy what you are doing and make a good living is the way to go.
I appreciate it, that's what I thought. I don't know how many O/Os I've met whose wives evidently know more about their numbers than they do. As long as I'm operating a truck, I won't try to put on another. The subject is 'increasing revenue', and it looks like we've gone over a lot of the options.

So, even in today's climate, you're trying to keep all your trucks running?
 
  #34  
Old 02-11-2009, 03:37 PM
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Originally Posted by lowrange
I'm talking about earnings, owner operators make just so much.
Yes! But the main question, you should ask yourself;-Am i comfortable with it? If answer is "Yes", that solves the problem. If "No", than go ahead, explore the opportunities. Just remember,-There is no such thing, as a free lunch.
 
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  #35  
Old 02-11-2009, 05:06 PM
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Originally Posted by solo379
Yes! But the main question, you should ask yourself;-Am i comfortable with it? If answer is "Yes", that solves the problem. If "No", than go ahead, explore the opportunities. Just remember,-There is no such thing, as a free lunch.
I was hoping I could come live with you and sleep on your couch...

 
  #36  
Old 02-11-2009, 05:50 PM
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Originally Posted by lowrange
I was hoping I could come live with you and sleep on your couch...

Anytime! But didn't i just told you about "free lunch"?
 
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  #37  
Old 02-11-2009, 07:40 PM
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Originally Posted by solo379
Anytime! But didn't i just told you about "free lunch"?
:clap: Doesn't sound like much of a vacation, Solo. I'll pass.

Hey, are you back to work yet?
 
  #38  
Old 02-11-2009, 10:35 PM
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Originally Posted by lowrange
:clap: Doesn't sound like much of a vacation, Solo. I'll pass.

Hey, are you back to work yet?
Not yet, couple more weeks, may be....
 
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  #39  
Old 02-11-2009, 11:17 PM
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Originally Posted by solo379
Not yet, couple more weeks, may be....
Is that your morning breakfast, before doing 700 miles in a day?

Wouldn't trust you on my six that's for sure!

LOL, just kidding good buddy.
 
  #40  
Old 02-12-2009, 12:18 AM
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Originally Posted by allan5oh
Is that your morning breakfast, before doing 700 miles in a day?

Wouldn't trust you on my six that's for sure!

LOL, just kidding good buddy.
He isn't doing jack.


Debonair, Solo, looks like a good life! What kind of cigar is that?
 




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