Rev.Vassago said:
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Back then? $1.50 per mile minimum.
Now we're talking REAL information. Note the O.P. NEVER quoted a rate that he had been offered. YOU came up with the substandard rate on which you based your arguement.
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Yes, but when that investment isn't reaping a benefit that is greater than being a company driver, then it is a futile exercise, and is "buying a job".
I believe my post indicated the scenario of earning a rate that would "realize" the investment in the truck and pay the wages comparable to a company driver. The investment of extra time and aggravation was the investment in the truck/asset. In fact, IF the rate was not enough to keep the investment from exceeding the income of a company driver, he would not only be "buying a job," he'd be buying DEBT.
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I'm sorry.....where did I say that again???
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What you are failing to take into account is that there is a lot more work involved with running a business as opposed to being an employee.
That is pretty much an indictment of my "accounting" for the requirements of "running a business" as opposed to working for someone else. Since I was "running a business" before you ever got out of diapers, I took (and take) offense. I was first "self-employed" (with two businesses) at the age of 13 in 1969. [Were you born yet?] I owned three businesses in 1980 when I got out of the military. (About the time you discovered you had a peepee.) I started my last venture at the age of 33, in 1989 which ran for 10 years. And you think you can "school" me in the requirements and RISK of proprietorship because you own a TRUCK?
Why don't you go ahead and throw in an indictment of my political acumen since you surely can top my 8 years in the intelligence business? Like "YOU" ever read or contributed to the President's daily INTEL briefing!
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Absolutely not. What you seem to be misunderstanding is that it has less to do with the idea of being an O/O, and more to do with the idea of working for a company that is paying substandard rates. When the actual cost to operate a truck is between $1.50 - $1.75 per mile (with wages included), and these companies are only paying $0.90 per mile plus FSC, then guess where the difference comes from........
Good info! But, show me where the O.P. mentioned working for one of these "fleece option" companies.
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Needless to say, I've done the math.
And I have NEVER questioned that you DID....even if you DID have to take off your shoes to do the counting.
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To operate at or above a company driver's wages at one of these type of companies, you would have to run an excessive amount of miles per year, thereby further reducing the equity that you have in the piece of equipment used to operate the business.
What "type" of company did the O.P. (or me) mention? How about a fiscal analysis of the difference between buying an older truck (knowing it was ready for an engine rebuild) versus the increased monthly payments on a newer truck? The truck I mentioned, from my company, with 3 years on it would have had about 750k miles on it. Had he stayed in business, how much would I need (and how soon) for a rebuild? How CHEAP should that truck have been? Should I have bought a truck from a "solar driver" like you instead? It would have less miles, but cost me more.
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That's why I would rather run 70,000 miles per year for $2.00 per mile than 135,000 miles per year for $1.25 per mile. Not only is my equipment going to last longer, but I'm going to be less stressed, and I'll end up making a little more in the process.
That's good info, too! Now, break that down for the noobies! Tell us how to GET $2/mile. Or what would be the first to "go" (or need to be scrimped on) if we could only get $1.25/mile and HAVE to drive 135k miles a year. What type of companies/industries would offer one or the other. give us some INFO dammit! And SAVE your condescending attitude!
Don't know why I'm even asking you. You spent most of your career in HHG, didn't you?
"What you fail to realize" is that that is a niche in the industry, and not representative of the reality MOST of this board are engaged in. :rofl:
I'm not an O/O, but MOST of them I have met don't have the luxury of sitting around playing on CAD and wondering how to burn down their trucks with a makeshift generator, or how to cook Chinese dumplings on their "off duty" hours! If it really IS that easy, tell us so we can ALL go out and buy our own truck!
Your are a valuable asset to this board, Rev! An Icon of your own designation. I have never disagreed with that. But, now you have grown up into a Mod. The "extra" time you spend without pay will now be of value to you (I hope) only if it repays your efforts in personal satisfaction in making this the best board on the web for trucking info. If not....then why not be a "company" poster?