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LOAD IT
Joined: 02 Sep 2006
Posts: 614
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| Posted: Mon Sep 04, 2006 11:03 pm Post subject: Why cant we make money in deregulation? |
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| We can be paid for hauling out and back. Why do we say we arent making money? |
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GMAN
Joined: 13 Feb 2005
Posts: 9882
Location: Tennessee
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| Posted: Tue Sep 05, 2006 7:39 am Post subject: |
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| The answer is real simple. There are too many people running a truck who aren't business people. They think cash flow is profit. They don't know their costs of operations and are under capitalized. They believe that as long as they can keep moving they can make money and survive. They are so terrified of sitting for a day or two, they are willing to take anything for fuel money. |
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Rev.Vassago
Joined: 04 Apr 2006
Posts: 6239
Location: The other side of the coin
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| Posted: Tue Sep 05, 2006 7:57 am Post subject: |
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Unlike what I did this morning. I called into dispatch, and told them to find me something that would convince me to leave the house (where I've been since last Tuesday).
I love having a sound business plan. :wink: |
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beachbum2
Joined: 29 Aug 2006
Posts: 69
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| Posted: Tue Sep 05, 2006 3:27 pm Post subject: |
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It is simply AMAZING how many folks don't know the difference between cash flow and profit!!! I hear drivers bragging about all the money they making, yet they are behind on all payments!
You hit the nail on the head. This is a business and a business has to make a profit to stay in business. |
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classicxl
Joined: 08 Nov 2004
Posts: 1197
Location: Rosemount MN
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| Posted: Tue Sep 05, 2006 3:37 pm Post subject: |
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| Well it does not help when news drivers who become O/O's go out and buy an $80000 truck becuase it had alot of chrome. My first truck cost $18000 but had a rebuilt motor with all the paperwork and was a good solid truck. Made good money with it. Does not have to be pretty to pull freight |
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yoopr
Joined: 01 Dec 2004
Posts: 12865
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| Posted: Tue Sep 05, 2006 3:43 pm Post subject: |
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Don't know why you made a separate thread on Deregulation when you already posted one but the answers to your question was on it.
Truckers SCREAMED bloody murder for Deregulation in the Early 80's and they got it and everybody and their brothers jumped into it=Lower Rates.
Were you given Permission to talk yet on Deregulation GMAN? :P :P |
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LOAD IT
Joined: 02 Sep 2006
Posts: 614
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| Posted: Tue Sep 05, 2006 4:46 pm Post subject: |
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yoopr wrote: Don't know why you made a separate thread on Deregulation when you already posted one but the answers to your question was on it.
Truckers SCREAMED bloody murder for Deregulation in the Early 80's and they got it and everybody and their brothers jumped into it=Lower Rates.
Were you given Permission to talk yet on Deregulation GMAN? :P :P
Gman didnt need permission :D :) :lol: I can just tell that he would know the answers that you knewn Yoopr. My goal is to keep my trucks and anyone elses trucks who will listen, loaded with good paying freight. We are not regulated to headhaul out and deadhead back. So we should get headhaul rates the whole time the truck is away from home. Also keeping a bunch of fingers out of the pie. A salesman shouldnt be telling a trucker how to run his truck. |
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yoopr
Joined: 01 Dec 2004
Posts: 12865
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| Posted: Tue Sep 05, 2006 6:18 pm Post subject: |
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You're the Captain of your Ship and you can have your Bottom Line that you won't haul under that Amount.
Unfortunately Deregulation brought about Cut Throat Freight hauling which is why I mentioned the Tom, Dick, and Harry thing.
It's hard to fathom but there are some very wealthy Truck owners who went into Trucking for the Tax Right offs. |
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GMAN
Joined: 13 Feb 2005
Posts: 9882
Location: Tennessee
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| Posted: Tue Sep 05, 2006 6:49 pm Post subject: |
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yoopr wrote:
Were you given Permission to talk yet on Deregulation GMAN? :P :P
I wasn't asked to not post on this thread, so I did. I still haven't posted on the other one. Perhaps I should go and see if there is something I could post. :lol: :wink: |
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yoopr
Joined: 01 Dec 2004
Posts: 12865
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| Posted: Tue Sep 05, 2006 8:01 pm Post subject: |
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| you know I was yanking your chain |
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Rev.Vassago
Joined: 04 Apr 2006
Posts: 6239
Location: The other side of the coin
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| Posted: Tue Sep 05, 2006 8:36 pm Post subject: |
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I talked to dispatch later in the day, and they offered me a 10 day, 2800 mile trip that would have paid me a gross of $6572.44.
I turned it down.
Life is good. 8) |
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GMAN
Joined: 13 Feb 2005
Posts: 9882
Location: Tennessee
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| Posted: Tue Sep 05, 2006 10:14 pm Post subject: |
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yoopr wrote: you know I was yanking your chain
I know, yoopr. :wink: I did post on the other thread. I couldn't help myself. :P |
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carolina trucker
Joined: 09 Aug 2006
Posts: 34
Location: Raleigh, NC
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| Posted: Wed Sep 06, 2006 3:46 pm Post subject: |
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<< I talked to dispatch later in the day, and they offered me a 10 day, 2800 mile trip that would have paid me a gross of $6572.44.
<< I turned it down.
<<Life>>
Call me stupid, but why would it take you 10 days to run 2800 miles? Maybe 5 days to run 2800 miles out, and another 5 days to run 2800 miles back, that's believable.
Just curious, really. <shrugs> |
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Rev.Vassago
Joined: 04 Apr 2006
Posts: 6239
Location: The other side of the coin
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| Posted: Wed Sep 06, 2006 4:38 pm Post subject: |
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carolina trucker wrote: Call me stupid, but why would it take you 10 days to run 2800 miles? Maybe 5 days to run 2800 miles out, and another 5 days to run 2800 miles back, that's believable.
Just curious, really. <shrugs>
Household goods. 6 shipments to load, 6 shipments to unload. These things take time.
And I never "run 2800 miles back". I go where the money is. Backhauls are not in my vocabulary. |
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BanditsCousin
Joined: 05 Jun 2004
Posts: 3341
Location: Chicago, IL
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| Posted: Wed Sep 06, 2006 6:01 pm Post subject: |
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| 2800 mile linehaul paying YOU $6K and change aint nada. A trip to the coast should gross 10K to the driver for 2000+ mi. |
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