Why would you go OO with these fuel prices?
Posted by A_World_Divided@reddit | Truckers | View on Reddit | 22 comments
Looking at the guy a couple posts back asking what is better. I am a dispatcher running both OO and company drivers. Good weeks look like 2k-3.5k for company and 2k-4.5k for OO. BUT bad week breakdowns etc still get my company drivers at least a thousand while the owner usually goes negative and has to follow up with payments after. So why a dilemma?
External_Result_8560@reddit
Because not everyone is in the same situation. company I know has drivers around 1-1400 and o/o 2800-4000
TruckinTuba@reddit
Right, O/O in my area can make $4500 in one load that takes 2 days
TruckinTuba@reddit
Idk where you're hauling, but OO in my area is $4500/round trip 1000 miles
Unfair_Analysis_3734@reddit
Which company pays 2k-3.5k?????
Robjla@reddit
Friend of mine just sent me his paycheck it’s 3500 and he is running legal
Unfair_Analysis_3734@reddit
Which company?
Cardinal_350@reddit
A shitload if your willing to do labor instead of steering wheel hold
LongjumpingCat6642@reddit
Because fuel surcharge. You should barely be paying for fuel right now, and truck prices are going down. Right now is literally the time to O/O
Auquaholic@reddit
If an oo is in the negative after running a week, they're doing something wrong or working for the wrong company.
A_World_Divided@reddit (OP)
What about a breakdown that cancels out 5 days out of your week and brings big charges as well?
Princetrix@reddit
That’s part of trucking.
You can’t account for everything but you can still budget for breakdowns, tires, maintenance etc.
Always assume worst case scenario when running the numbers.
A_World_Divided@reddit (OP)
Yes but people aren’t bright like that
PraiseTalos66012@reddit
Then they have no business being an owner operator.
If you aren't going to run you truck like it's a business and have your finances in order then don't become an owner operator.
SaltAndBitter@reddit
This. Even when I blew my motor (resulting in having to write that truck off), blew my DPF on my replacement truck a week later, and then had to spend a week in the hospital for gallstones, the week I was hospitalized was the only week I had a 0 on my settlement. The entire rest of that time, the company I'm leased to paid me $1k each week, minimum. It took a while to stop having carryover on my deductions, but the fact that they were willing to work with me on that matter no questions asked meant a whole hell of a lot to me.
(For context, my average settlement is $5k/wk net most of the year, and $8k/wk net during harvest)
Robjla@reddit
Is that gross? It’s been the best week since gas hit $8,500. That’s up from under $7,000 at 3,000 miles for both figures. However, gas is $1,000 more on average, and I’m very careful about fuel prices.
planetbuster@reddit
rookie numbers, always ask the brokers for more. oo taking in 2500 net is what.. driving part time or something? wtf.
men, need to remember to lean on these brokers hard. fuck em. their loads can rot otherwise, some of those W900s and such get 6mpg the money has to come from somewhere. we aint here to break even.
A_World_Divided@reddit (OP)
True true my brother wise words
jabber1990@reddit
*laughs in fuel surcharge *
Fluxus4@reddit
Who are these 2k-3.5k companies and are they hiring?
Different_Mousse_564@reddit
😂😂I’m wondering the same thing
Ok_Bug_6470@reddit
Have a shit ton of cash. You take fuel directly off the taxable amount like per diem and other expenses so it kinda gets a bit reasonable but cash flow wise it hurts in the short term bc that’s when other shit happens.
Islanderwithwings@reddit
It's an IQ test. It's capitalism so let them sink or swim.
It's the same when COVID crashed the markets and people started shorting and buying put options. Why would you do that when the Fed literally printed trillions? And people still kept shorting and buying put options while all the markets kept making all time highs. Someone turned a $10m account into $10k lol. Wallstreetbets sub I believe.
The one's who wait for things to settle will benefit. It's all about positioning.