Truck Driver With 5 Paid Off Peterbilts Had To Shutdown His Trucking Company Today 😵
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- Опубликовано: 8 сен 2024
- Truck Driver With 5 Paid Off Peterbilts Had To Shutdown His Trucking Company Today 😵
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AFTER 17 YEARS I LOST MY 4 TRUCKS IN CALI
Thank the subversive Israelites
@@robotcommenter sorry to hear that brother or sister , Unfortunately the owner of this page ALEX NEVER REPLIES TO HIS FOLLOWERS. HE ONLY REPLIES TO THE PEOPLE HE ACTUALLY KNOWS! COMMENTING ON THIS GUY'S PAGE IS A WASTE OF TIME. IM STARTING TO THINK THIS GUY ALEX IS A HOAX... FAKE HE PROBABLY NEVER EVEN DRIVEN A SEMI! HONESTLY I DONT KNOW WHY WE EVEN FOLLOW HIS PAGE? MAYBE THIS REPLY WILL CATCH HIs ATTENTION!
The crazy thing is shippers are paying less to ship products but they sure aren’t lowering the price for the consumer when they purchase products!
I work for a manufacturing company and we give very generous discounts. Whenever I see a distributor or company reselling our products, I’m absolutely floored.
We don’t charge for freight, only the cost of fuel and whatever we pay for shipping via UPS, etc, we charge the customer the same amount.
I’m not sure what’s going on
Course they are not lowering their product price.
They pay whatever they want to move their freight , because we are Fkn stpds for accepting their crumbs .
I don’t blame brokers or shippers , I blame truckers for bending their knees and taking it .
You're trying to play the blame game. You want a bogey man bc you know inflation has increased prices for raw and finished materials and goods but it's easier to say that some sort of conspiracy to pay truckers less exists. Those shippers and distribution chains and manufacturers are all hit with slowing demand. What are you going to do? You're the type that ends up believing some kooky theory that the government is purposefully slowing the economy or some such nonsense. When I see a fool like you I just roll my eyes because most times your chain of logic leads to other equally senseless assumptions and conclusions about how the world works. The sad part is you represent how the average person who doesn't question themselves thinks. It's astounding.
Brokering loads should be illegal for companies that don't have druvers
Facts and food prices shot up when diesel did and since diesel came down the prices didnt!!
Hang on to your trucks. Suspend what you can. Don’t give up. Lay low Hang tight. You seem to be someone who cares for their drivers❤️❤️❤️❤️❤️
Yeah, if you can manage to do that, lay low and secure your trucks. Then when mega-carriers have eliminated all the competition and raise their prices and start demanding that their clients submit to genetic screening to get carrier services, ambush them by offering slightly lower prices and no genetic screening or any other collection of personal info.
agreed
But the freight isn't making money like it was. So wasting time energy and fuel isn't beneficial to the smaller carriers and medium companies. So a lot of them are reducing the employees and laying off less paying accounts.
Disagree! I've been around the trucking business all my life, dad, grandparents, aunts, uncles, brothers, neighbors friends have been in it, the whole deal, I'm 58 years old, I've seen many people including myself decide after driving someone else's truck that we were gonna get our own trucks and show everyone how it's done and everyone I know ended up in the same situation pretty much broke with a bunch of scrap iron to get rid of, there's a very small to no profit margin in the trucking business, it was harder than hell to start back then and it's gotten harder, it's a rich man's game, and by rich I mean millions of dollars and then I wouldn't advise trucking business there's better businesses to get into, there's companies with 100's of trucks that are bailing out and selling out, what does that tell you? What chance do you think you got competing with companies with billions of dollars, I'm making a good living driving for a mega carrier and I sleep good.
@@artykohl1118wrong! not gonna happen that way.
Nobody cares about truckers you will be surprised how insensitive brokers and shippers are
Not surprised at all actually
Yea they treat us like roaches trying to find crumbs.
Just last night a loaded trailer didn't have working lights, I pushed my manager to let me leave it, he refused, so took 45mims to get it fixed, 45mins I'm not paid for by the way... Then the next load got canceled because of the delay then they wanted to act like it was my fault for missing the load. Like I told u we didn't have time for the customers mistakes yet u let them repeat over an over...
No I won’t
Facts
Walmart came in with a new business model, bought in bulk, prices below what anyone could match and ran all the small stores out of business. Same thing is happening in trucking.
That’s why I say that small trucking companies need to come up with a different plan or business model. In your example, Walmart put the local 5&10 out of business. Instead of selling a little bit of a lot of things, specialize in a specific market segment which the mega carriers won’t.
You mean, now they’re doing the same in trucking?😊
Then how do explain Yellow going bk ?
Yeah and than have the state subsidize all there employees Healthcare by making them part time.
@@petelavelle7987Union put them out of business.
These shippers are going to learn the hard way and learn it fast- these mega carriers are not only “deading the market”, but they won’t provide dedicated service that he’s done for them. God bless him, his family and drivers.
🎯🎯🎯
You get what you pay for
When you can send 20 trucks a day to a shipper it's better than sending 5 trucks once a week
Yellow found out
What they are going to do is eliminate the small competition then set a good price That only a few big carriers can control, in the end consumers have to pay
My heart goes out to this guy, he's done everything right but still got screwed. Take Care mate and bst of luck
The American Way has never been designed to be played st8 up
Mega Carriers can underbid all day long. But the rates won't stay that low very long. They have to turn a profit too. Greed is driving this country into the toilet. And the toilet isn't full of clean water.
Once they get rid of the small guy then the prices will sky rocket .. its not designed for us to win smh
I think other owner ops are the ones driving the rates down. I'll bid 3.20 on a load and someone else will bid 2.00.
Don't sell your trucks do Amazon relay loads man
@@youngsavagefury7138 he gonna lose even more money doing that
They don't even need to turn a profit. They would just literally just claim bankruptcy, and feds would just bail them out like they did Yellow. Unfortunately for Yellow, they were too damaged to even obtain another bailout. Sheeeesh
If the trucks are paid for, he's better off parking them and wait for things to straight out.
Maybe sell one and stand by brother.
It won’t straighten out until then border wall is erected. Can’t compete against illegals driving for $100 a day
My thoughts too. Wouldn’t be surprised if the company drops the mega carrier after finding out why the rates are low. It’s getting what you pay for.
Wait for Trump come back in 2024
@@Markwarner102or not
I work for an owner operator who has just two trucks and trailers paid off. It’s tough now. Sorry you had to park it.
Jeremy is a good honest hard working guy and a family man I drove for him for 2 years up until the first of this year done really well made great money until TMC cut our throat on rates then had to start running off the board whatever he does next he will be successful much love brother God bless
Well, go work for TMC now.
This is a man getting out BEFORE he loses ANY money....see....there's a difference. Don't let this market COMPLETEY bankrupt you. Use your head.
😢😢😢 Damn it! This Trucker Blood Bath is taking getting out of control. Condolences, Brother.
I hear ya brother. Went thru very similar experience 2008 - 2009.
Closed up my company for very same reasons. My company was debt free as well. Never looked back. Industry is very cruel but professionals always seem to find away. Good luck to you.
What did u end up doing when u closed it down? Im on my way out as well!
@@Fieldspowerfitness"thank you for hard work. You made us millions and were pretty cheap. Heres a pizza party.
If you haven't figured it out the Government is only going to allow a few Mega Carriers. This is what happens when good men do nothing.
Bingo! It's much easier to control a few.
Or maybe giant unregulated corporations have bought off the government?
That is how europeans are doing it, very few owner operators there. Our politicians seem follow in their footsteps
Old School OO music:
ruclips.net/video/90wPdSt0pwc/видео.html
I herd that years ago, and i didn't believe it butt after 29 years in this mess I really see it happening now.
Meanwhile truckers rescued us during the pandemic and stood up to Tyranny in Canada. These are real heros!
Your right and I’m going to just say the American truckers were punks
Unfortunately, that as long forgot about already
@@dubd7626 Canada showed more backbone for sure.
They don't give a crap
Pandemic?
That Shipper will be calling him back in a short time to come back after this MEGA carrier fails them. Don't sell them trucks so quickly.
His drivers will be hired elsewhere.
Totally agree don’t sell em all I will say
@@jimbobjim2310there are others, especially if he pays them well.
If its so bad, who's going to buy them?
Thing is, TMC is one of, if not the best flatbed carrier in the market. When TMC takes over an account, they don’t give it up and they don’t lose it.
Trucking, from my experience, is always changing. Changing for the worse. I started as a owner operator in 1992 with a lease purchase deal with Mayflower. All I made was a truck payment for a year. So I left Mayflower after a year and got the truck refinanced and leased on with Heartland Express. I started out at .81 cents a mile. Everything was paid for by Heartland except for my bobtail insurance. It started out good but after a year I could see the changes and they weren’t for the good. Year after year it never got better.
Praying for our Truckers, things are getting worse!
In Cali yes, Texas has work right now .
The democrats are succeeding in destroying the USA
@@raygandarilla Texas is still mostly anti democrat. That's why they are doing better than almost every other state.
@@raygandarillaIn Louisiana also , it’s slow as I’ve seen it in 15+ and tons of layoffs
Started getting bad August of 2022. Steel orders started going in the toilet and construction is way off. High interest rates, high fuel and insurance, flatbed rates under $2 a mile. Just wasn’t worth beating myself up anymore after 25 years as an independent so I shut it down in February. No violations or tickets, never late so the industry lost another great dedicated trucker. Lots of us gone!! Now I just pull my 5th wheel camper, live frugally, and taking it easy. Good luck to y’all and be safe!! ✌️
This was very informative. Looking into getting my CDL and this channel has opened my eyes to allot. Thank you Mutha Trucker!
I'd say get it either way, you can still get the experience needed to grow in this field even while the industry is tough.
Make sure you get the manual transmission qualification on your CDL, as well.
Even with his lower overhead and owning his equipment his debt levels were probably minimal and he was having a difficult time competing on a price basis.
Id crush in that situation… just sayin
Hauling general freight
He aint too bright obviously
The spot rate is screwed. Contracts and pulling reefer (if you want to stay with a box) would be the safer bet. Oversize is the money.
Well yeah...when you getting 4 miles to the gallon
I only have 1, paid , and numbers are not looking good. Working for fuel, insurance and maintenance, and barely making profit. 🤔
Sad what happened to him but he's destined for greatness at a young age. I hope you don't give up on this trucking dreams. He's accomplished a lot. At the age of 31. My hat goes off to him. He's a top hat in my book!!!🚛🚛💪🏾
What was he paying his drivers ?
Why drive for a smaller operator & build up their American Dream empire vs driving for a mega carrier that provides better equipment, better pay , better healthcare benefits, better tractor , more home time , etc
This undercutting has been happening to us in construction for decades because of 'immigration'. legal and illegal.
Foreign aid used to pay foreigners to TAKE American jobs needs to STOPPED ASAP ⚠️🤬
Importing voters
go to Florida there are not construction workers because Desantis Inmigration Bill
@@maxgutierrez1843 That's where I am
@@maxgutierrez1843 I am in Fl and can tell you that is complete BS.
I upgraded my truck from 2006 to a 2018 and the money I save on fuel I can pay my truck payment of $1,400. Drive smarter O/O.
I don't know why but people refuse to hear this. Smh.
BS
@@kelvinvann1969 Bro your math isn’t mathing. 3 to 4 mpg to 8 plus mpg.
2018 is old ...
@@ceasarwright7567 from 2006 to 2018 bought it 3 years ago. Good enough for me, lol.
This episode was amazing . Two well minded dudes with good attitudes .
I’d rather cut grass with scissors than drive for a mega carrier. Good luck to this guy.
The worst part of all this is. These brokers are biting the hand that feeds them.
When the o/o go out of business no need for brokers.
When mega carriers take over no need for brokers
I've been saying this for over a year. Brokers making big big money right now while biting the hands that feed them.
Seems like common sense but i never thought of that... good point
If the Economic effects continue,
there may be no come back?
The Markets appear headed down
and staying there.
@@generalpattton I got out 20 years ago.
The 1980's offered some of the same effects.
The 1970's seemed like a Poor Guy could make a buck.
Now the whole economic situation seems to be about done?
Great point!!!!
Reaching out to the guy closing his shop
....hit me up I can connect you where fuel is paid for plus you get the same loaded and empty....I been doing it for 13 years,let me help you out
You are awesome. Blessings to you and your family.
He’s a owner with a direct contract with a shipper. Post office loads are chump change to an owner like that. You cannot “help” a true owner.
@@AV144Kdid he say post
@@sentra2skyline141 yes in other comments. Brokering, middle men email small owners like myself all the time trying to “help”. It’s owner operator money when we are actual owners.
Well maybe it's small change,but they paid me 1.2 mill last year
Went to pick a load to a company; there was a TMC sales person negotiating with the shipping.
So? What if you went and he was negotiating with shipping. That's how trucking Co.s stay in business.
@leebomccool8997 going thinking. Never thought about it
New trucks 8 to 10 mpg. Old trucks 5 mpg. Plus mega get volume discounts on fuel.
Mega’s get Volume Discount on fuel and 70% of their freight is the contract freight plus they’re self insured and pay 55 cents per mile on avg … it’s almost impossible for a small mom and pop carrier to compete with them
@Nikowalker007 volume discount on fuel + They get a FSC on top. So, they mKe a shit load on that alone and can run loads cheaper.
I’m on my fourth trash company. At 52 years old this one should be my easiest, but it’s the hardest!
The further you climb up the ladder the harder the fall. I'm never going over 2 TT and if my driver of 6yrs leaves I'll just go back to 1 TT.
That's the key. Unless you come across some major wealth, you can't compete with these mega carriers. They are decades ahead in terms of revenue. The idea for us small guys is take the money made in trucking and invest in other endeavors.
I've run into fellas like him
Never said anything discouraging
It's not how i was brought up
Damn shame he's had to shutter the doors.
Keep your head up Jeremy
If ya wanna take a vacation
I'd do it now man
Number 1 rule, Nothing good ever lasts in trucking because the vultures are always circling
I won't sell my truck until the wheels fall off. I'm riding it out like the band on the Titanic!
Thanks Alex This is one of your best videos. Would love to hear part 2. This young man is amazingly talented. May God Bless him and his family!
He just made the wrong decision early in his working career.
What is the highest pay for a diesel mechanic?
The middle 57% of Diesel Mechanics makes between $46,406 and $107,258, with the top 86% making $229,409.
The ones with thirty years experience are the ones who are least likely to understand the ramifications of that flat tire OOS. Back in their day, you had a flat, trooper would usually cite you, or give a warning, and driver would go get the flat fixed. End of story. Old school mentality. Younger inexperienced drivers dont understand that the CSA score affects their employers insurance cost, and employers ability to obtain good paying freight. With all the FMCSA regulations, truck driving now qualifies as a Profession. Lawyers have to learn about roughly the same amount of civil procedure rules as truck drivers have to learn FMCSA operating rules. Lawyers are considered professionals, so ought truck drivers to be considered. Our industry will always remain second tier as long as we dont recognize, and realize the regulatory buden that we labor under. When we get busy understanding our relationship to the FMCSA, instead of job hopping from one crappy corporate seat to another, that is when truck drivers will "become"
"professional" truck drivers. There is no glory in doing the tenth most dangerous job in the country, while being underpaid and abused by corporate, and the flunky dispatchers they hire, that manage to keep everyone in a boiling state of confusion. What was the name of that school that teaches basic logistics? That most dispatchers never heard of? Anyone? The next step that is coming will be the hiring of foreign truck drivers at even lower rates per mile. That will be interesting to see how well the FMCSA deals with all the accident statistics involving foreign drivers who cant be bothered to obey those pesky traffic signs, lights etc... Roll on brothers, and keep the rubber sidedown.
Those foreign drivers are already here. My husband has already run into a couple at truck stops that couldn't tell their a$$hole from a hole in the ground. One was trying to take a tire off and somehow hit my husband's truck. At least he knocked on the door and let him know - he knocked a light off of my husband's tanker. SMH. Glad we didn't have to pay for that repair!
@@TerryeToombs You just complained about a foreign truck driver making a mistake and fixing it, wtf. How shitty of a person you must be.
What is that name of that school? Genuinely interested.
Hey Moniker, I was being sarcastic when I mentioned logistics school. As far as I know, there is no school that teaches logistics for the Trucking industry. There may be instruction as part of aviation control, but that is something that I am only guessing at.
Most mega carriers own their own insurance companies and they insure their trucks. OO can't compete with that.
Exactly why they need to get rid of lease purchase. It’s the only thing that allows these mega carriers to bid the way they do
I agree lease purchase from a carrier should be illegal
California did and drivers got mad..smh. New York is next.
Do away w 1099
Can you explain how?
What’s crazy is the mega carrier that under bid this man doesn’t do lease purchase. I know because I work for them
My father had 10 trucks when i started driving in 1982 in 1986 I took over bought him out because he retired.we were hauling freight all through out the 80’s 90’s dbl what companies are pulling freight now!! I paid my drivers well took great care of my equipment and took care of my customers which my father insisted in me!3 things he taught me and the rest will take care of itself.made a good living had fun my employees did the same!!I retired out in 2017 with 45 trucks still had some same customer’s from 80’s 90’s as well as drivers! But it was time for me to move on spend time with family no regrets!2 brothers bought me out and are still running today..stay to basics keep your head up..
One thing I can say about this guy is that it's NOT the end for him..
He could still remain an owner op no matter what he chooses to do from now on. He set himself up 8yrs ago, the right way.
But he’s bailing out???
You’re a jerk, who can’t listen, but thanks
If he tapping out of trucking when he paid off his 5 tractors , then he is NOT doing everything correctly against the mega carriers
What was he paying his workers ?
Rates were looking ok going up and all of a sudden, the load board and the brokers were offering super low rates and they were flying off the board. I guess they're getting what they want putting us out of business. Nice to see a positive guy in a tough spot hopefully everything turns out good for him.
After 25 years as an Independent Flatbed Trucker I’m just tired of it all. Not beating up my body and equipment anymore for $2 a mile. Starting in September the only thing I pull now is my 40’ 5th wheel camper. Good luck to the rest of you and be safe!! ✌️ 22:48
There is nothing wrong with calling out these companies. What’s not professional is for a customer to have no loyalty. I hope all these cut throats and customers that prefer quantity instead of quality go straight out of business.
Coming from a 6 year broker, its just as cut throat on us too. Its the eb and flows of the industry but I will say drivers are getting shafted majority.. These customers teeter on the edge of price and quality. If their product isnt time sensitive the better.
Sold my company last year. Every cost went up 6 x from when I started in 98. Fuel, insurance property taxes. My revenue grew by only half. It just got stupid. Lucky to get out.
I feel this out there! I run east coast a lot. My income has dropped 10k. I had to pickup a load, looked right at the guy at his facility and said he was too low. He said he'd have to raise prices to pay me more. I said raise them, costs of living has skyrocketed, repairs and fuel are killing us. I spend more a month on food than my mortgage as a single guy. I left the empty when I calculated my loss empty wasn't much more than my loss with that load
How much you spend on food big boy lol
He wanted to cry you will come back harder and stronger brother wish you the best
The military Co.😢😢😢
Makes me sad hearing this for all you young guys that started from the bottom and built a small fleet with quality trucks. I pray you are vindicated for your loss from the greed of these corporate monopolies.
What a smart young man in the trucking business.
I was making .43cpm at Swift. I quit today. Couldn’t take it anymore
That rate is slave wages.
Great 👍 I left my first company after 6 months on .43, went to a company making double now. More people need to not be afraid to change jobs every 6-12months if there is something better.
This is ridiculous, I quit and can’t handle the pressure.
Also, I gotta add - TMC is one of those carriers that tries its best to masquerade itself as a "professional" outfit when in reality they are as mega as Swift. Your shipper will likely come running back to you the moment one of their rookies loses a load from lazy securement or winter weather wrecks.
I'm saying this as a former TMC driver too. I fell for their bull when I was fresh out of CDL school and easily one of the best career moves I ever made in this industry was leaving them for tankers. Hell, I've even taught a couple of their drivers how to chain up tires north of Davenport WA because I already knew they didn't teach that in Ankeny.
I was O/O hauling Steel from '93-'97 with my side kit flat. 'Tarp My Coils' was always cutting the rate to an already cheap commodity. After 14 years O/O parked the old truck and had it sold within a year. Second happiest day of my life!
Yeah, TMC is having a hard time right now too. They keep shoving steering wheel holders into their trucks, then get pissy when one of them has an accident. They're having a hard time getting freight right now too, I doubt they're going to cut back on shoving new guys through training though.
Sorry your going through this, hopefully things will change in in 2024. Keep your head up sending you good thoughts.
It won’t,that just the way it is.
Dame that’s crazy,your a good honest dude,I hope that you will recover really well,hopefully the trucking industry,will get back on track,with paying truck owners really well,especially a guy like you and your company.
Truckers are a moving target in virtually all aspects. Law suits, inflation and upsales seem to be the standard under the Flag of convenience fees. Stayed Prayed up and avoid being Preyed on!
I’m owner operator and I was only making money to fix truck not pay myself. So I parked the truck 3 months ago now I’m working as a company driver for USAL . Guaranteed 100k a year with weekends off. My buddy has been there for 2.5 years and I finally just made the move . Gonna wait to get back in my truck but meanwhile customize my truck and get me a trailer.
I listened to this guy on an earlier video explaining EXACTLY how to be successful. I am old and have been retired for over 20 years. One thing I learned in all of my years in business is never take advice from I person who has recently failed and had to close his business. :)
A lot of failures turned out to be very rich in the end
Man I need advice, Im 17 and my plan until now was work and then buy a truck , and then buy more trucks , and then diversify your earnings , but this guy did everything right, and still he failed, man Im so confused right now
@@deislerrodriguez6864 that life for you stay in school if you are good at it
@@deislerrodriguez6864 There is nothing to be confused about..buy a truck a good old truck and start from there..don't look too buy more and put drivers in them..that's a fools errand..and you'll realize just how much you actually dislike truck drivers if you start hiring them..first you crawl then walk and then run..you didn't even start but all ready you're buying more trucks!
I started driving 1980. Been tanking sense 99. I'm 64 now and have never had a desire to own my own truck.ive done my own repairs , full services, breaks , clutch adjustment, trailer repairs, ext. He should try pulling tanks. HAZMAT. I've never slowed down even with covid.
What I find weird when I hire people with decades of experience is they get mad and quit because i assigned them the hard jobs that require the experience they have to do. They always want to cherry pick all the easy jobs. I’m not going to pay you a higher salary so you can hog all the milk runs
Im 44 and im listening. Enjoy your time off, you be doing something amazing soon.
The idea of being 'professional' no longer matters. The only way we can start to fight back against these mega carriers is by calling them out when and where we can. You're effectively helping the mega carrier by not letting people know which major carrier is out here undercutting small companies. This is not a knock against this man, but we need to come to the reality that these major corporations do not care about us and will absolutely bury us when given the opportunity.
BINGO ! We need to expose these carriers... fuck being professional in TODAYS day. If im running a business best believe ima put word out there about these carriers/brokers
Start up a movement 👍🏿
The industry is in the crapper. Estes is sending us home once or twice a week. The ones working that day are doing two loads getting our backs blown out. I feel like the Home depot contract is on a timer at this point.
I tried to get onboard with them and I was put through a 30 minute interview with the terminal and assistant terminal manager just to be a dockworker. I had 5 years of experience.
@@kentharrisgeorgia That's ridiculous 😒
Amazing and enterprising young man. I wish him the best in spite of this set back.
I just now watched this. He is here in Texas. I would like to let him know that if he is willing, he could apply at US Autologistics (USAL) and learn to haul cars. USAL will not mind if you have your own authority and get your own truck then contract back to them. As a company driver you will make $110k to $180k per year depending on how hard you want to run and if you feel the need to be home every weekend and a couple of times a week. Great benefits! 3 paid weeks off plus 2 personal days and a floating holiday from the beginning.
The guy that owns SOS started with USAL to learn car hauling. He did it for 2 years and then bought his own trucks. He lets other owner operators run under his authority and dispatches them the loads they want. The first year he keeps 13%, second year he keeps 9%, and third year and there after he keeps 6%.
He has 18 owner operators now and a couple of company drivers including still running loads with his own truck. He is grossing around $700k a year after starting 5 years ago. Just an idea
We can’t take care of one another and this is America 🇺🇸 people wake up we ain’t free we’re slaves
I totally agreed with you .
We are in America . However , people here live life like slaves by nature .
Continue leasing , continue working under someone’s authority, continue driving for abusive and exploiting companies that treat drivers like crap .
And the worse part is that exploitation became like a normality , like is part of your job to accept recording cameras in your face ????? Seriously??? No privacy at all ???
WTF !!!!
We got to change this industry for the benefit of the drivers , O/O , the people who does the work .
So we wake up. Can you lead us n tell us what we should do or you just gonna keep screaming wake up.
They won't do anything about Human Trafficking so do you think they care about the people that make their life simple .
Capitalism was built right off American slavery… tables just turn to cheap labor
Far from slavery, how insulting!!
He’s gone be okay. Seems like a very capable guy.
Tmc is taking over everywhere man. I am on east coast there domanting
Truckin made cheap
Yeah I'm in upstate New York right now and I've seen a couple TMC trucks, never used to see them up this way
Yeah, they're pushing A LOT of drivers East right now.
Times are hard right now. HARD. Don`t know if I will last either. Rates are way too low
one of the things I’ve learned from 6 steps ahead (book) is never to rely on “one” customer for your business. That’s one of the biggest mistakes a company can make. You lose leverage on negotiation and if competitors find out they low ball a contract on purpose and once a company files for bankruptcy they buy it. Just an example. His situation is a perfect example. Learn from his mistakes.”
It’s important to have multiple customers for your business so that you don’t rely on just one customer. This way, you can have more leverage in negotiations and avoid losing everything if that one customer goes away
He said in the video he had more than one customer. He was just using one of his customers for an example to speak on what’s going on.
In that case, if he lost multiple customers, the question becomes how much was he charging for his services? Even mega carriers have a limit on how low they can go…
@@nicolecox5171 Yeah he said he had 2.
Hate to see it! But I went through the same thing a few years ago. Constantly trying to get rates up. It gets to a point when it’s not worth it! High Fuel, High Insurance, Equipment prices are higher than ever, and the rates never go up, just down! Finally gave it up after 20 years. Now I’m driving for a great private fleet. Hate to say it but I’m making way more money than I ever did before, no stress, plus great benefits. The only thing I miss about being an O/O is driving a classy Pete.
General freight trucking is no place to be right now, don’t know how it’ll get better anytime soon.
Don’t let these disgusting bullies ruin your business
Trucking as we older people knew it died 30 yeras ago just wondering why anyone would go into something that was already gone
I pray for anyone in trucking right now. I can't believe his direct shipper could do that to him after been loyal to them for so long!! Very sad bit hang in there brother. We are praying for you!!
You can't believe they'd rather only pay half and save A LOT of money? If you have to quit when you completely rely on one piece of business and don't have reserves saved from 2021-2022 when EVERYONE made more than enough then you have bigger issues than what you're telling us
VERY smart play to shut down the way he did! Knowing how NOT to go down the drain is the mark of a true professional.
You can't pay your drivers more than market allows,you have to be a buisness person, your well paid drivers will drop you for a nickel. Did those awesome well paid drivers come and say ( we can take a small pay cut to help you stay afloat while we figure this out.... my guess is NO .
THIS is why you NEVER rely on one or two clients I ran three truck/trailer rigs with ZERO clients for over 11 years!!
Thoughts and prayers for All you Truckers out there. Hope ya'll catch a Hell of a break Soon 🙏❤. This mess needs to get cleaned up Pronto so ya'll can get back to making a living and feeding your Families. Safe travels and Roll on 🚚.
I had to park mine to can't afford breakdown cost in this market.... save your equipment for another day keep trucking
I am going through same thing
All of the dollar signs continue to go downward except fuel, maintenance, parts, fees, taxes and insurance.👎👎
God bless mom and pop trucking!! 🇺🇲🇺🇲
Damn TMC and also years of experience is base on how effective you are as a truck driver as for me I challenge DOT if they inspect me and try get over they can't because I'm effective and take the job serious 37 years is not just talk .
Your mistake was buying multiple trucks. Should’ve either kept one for you to drive or became a company driver. You should open a mechanic shop where there’s more stability and guaranteed money.
Tell me where to sign up to drive for Taylor Swift, 100k bonuses are sweet 😂
I did the same one year ago. High fuel price, expensive maintenance, too much regulations and low rates made impossible to continue. It’s sad to see many owner-operators out of road.
This is where im at now, tried to hold on as long as I could as a 5 year owner operator.
After a disaster from a shop doing my inframe, that turned out horribly and 6 months in the shop, they left me in such a bad position and debt I cannot catch up.! So I have to let go of my 379. Lawyer said 3k retainer(which i dont have the money for) and the lawsuit calculated to be more than 80k.
Multi million dollar shop they will probably drag it out.
Holy .... I'm sorry u went thu that , I did my in frame September of 2021 and have no issues what so ever , it took about 2 weeks to complete and thankfully I was able to locate the parts
@@rrios283s73 i should of known better when the mechanic said my cummins n14 was the oldest engine he ever worked on!…. It was a young mechanic. When they couldn’t figure it out i took it to an older gentleman and he figure it out in 1 day. ( they forgot the accessory drive plug). A 80 cent piece.
What was your average fuel economy with that 379?
@@BigdeesulOfficial 5.5 mpg, almost 6 with the wind pushing me lol
Getting real out here. March of last year I have seen the ball slowly dropping down the steps. Smfh I definitely feel his pain.
DONT SELLLLL PARK 5 and drive one by yourself for now ! Market will turn around and you will be among first to start milking again.
Once you close or suspend your mc even for one day you will loose your continuance and brokers require at least 1-2 years recent activity.
Also there are US army loads you can try to jump on.
Pipe dream: there is no market but there is a Socialist engineering Cabal bring operated by the sinister UNITED STATES GOVERNMENT!
And I say this with no apologies.
Pissed
US Army vet
And pay insurance to let the truck sit? You have to always have insurance on them.
@@Ironiclobster69 you dont have to have insurance on them unless youre running them
There are plenty of companies like this... Started during the highest rates in a long time. Thought it was easy until things got tough, then give up. Starting out with 5 old school Pere's is the worst business plan ever. Poor fuel mileage, high cost of parts over other brands. I guess chrome don't get you home.
Exactly! These dudes that take advice from the old mechanic that's stuck doing grunt work because they haven't learned anything new in the past 10 years that says "an old 379 with a Cat is the best truck made get one of those" but has no clue about how to make money with a trucking company.
Of course other carriers can do it for half his rate. They have half the overhead from fuel alone!
I've seen this happen a lot here in California. All trucks here have to have emissions, and if they don't, you can't drive them, and I believe they have a certain year they have to be as well .. sucks bro
What are main rules that I need to know before I take a load into California? As far as my truck?
@@johnmiller3970it better take DEF. That’s the only rule.
@johnmiller3970 If you can’t research this yourself, you’re exactly who needs to leave this industry now. You’re not a professional if you can’t figure that out.
@@thedevilandhertrumpets4268 There's always a dumb smart ass out there. Even Stevie wonder can research it. I never go to California. Do you think I would really depend on what you tell me. Hell you don't even know yourself and you live there.
Anything older than 3 model years is frowned upon in California, even heavy construction equipment has to be replaced at that interval. Now, the new ban is on small engines in California. That kills the landscaping industry there. Switch to battery-powered garden tools and you need 80 to 100 batteries per truck just to run for the day. Only huge outfits can absorb that kind of cost. Your 1 truck landscaper is fucked.
Man I loved the way he carried himself, spoke and his vision… I’m a young driver my self I’m 28 and have some experience with flat bed and RGN but not a lot to say I know the ins and outs , but if by any chance you read this man and you are able to make a come back with your company , I also live in the Dallas area and if there’s an Opportunity for me to get on board with you and learn from you and be part of your team let me know how I can make that happen
I have something in the works bud. As of right now I’m getting a few things ironed out.
I used to think I wanted my own truck, but being from California, this state is making it harder and harder to being a trucker...
Shows what could happen when you drive nice trucks did only get 4 miles a gallon. Last time I checked diesel fuel is in $.50 a gallon anymore.
TMC TOOK YOUR BUSINESS BROTHER! That really sucks, so sorry to hear that. Praying for you and your family brother.
And TMC pays good from my research?
@@22addict40TMC pays 65cpm average, I worked for them and maxed out my percentage at 34%, didn't matter though because I made $4200 to the truck on average. So my take home almost always hovered around $1,100 per week. Not worth it.
To be successful in business, you have to be competitive. To stay competitive, you have to run a very efficient operation.
Everyone is asking for 20% cut even though nothing on the expense front has changed
Shout out to this guy for being a good dude. It suck’s America support cooperate more then the small business owners
Sorry that happened to a good man. Unfortunately too much competition in this 🌎
all in general freight
It’s hard for a independent owner Operator now a days without having some kind of backing. That’s one of the reasons that I never got my own authority because I didn’t want the extra headaches that come with that. Being a lease owner backed by companies that have a large customer base is far better to me.
This is a prime example of why owner operators need to unite. Consolidation of the industry is inevitably coming.
Mega trucking companies are swallowing up the smaller companies that are struggling. If owner operators don't wake up and leave the little things that are stumbling blocks behind and unite under one voice we will be at the mercy of the large trucking companies and brokerages.
#NOOASTRONG
Indian guys are killing the industry. Running for 1$ a mile.
Too many truck drivers think unions are bad.
Unions are that buffer between big corporations and employees. If you look at the history of work place, the unions have traditionally kept wages high along with benefits. If you look at giant corporations that have unions they are usually doing well financially. Yellow is a victim of bad business practices and the economy failing. Public perception is controlled by who owns the news media. Those giant news conglomerates are no different then places like UPS. They don't like unions either because they have to treat people fairly and these giant corporations don't practice fair business unless they're checked. It's all about the mighty dollar. Not the backs of the people they abuse to gain market share. Like em or not unions are needed. Business associations are needed. They protect the interests of the people. Money will ruin large corporations.
Pipe dream 😂
@@Jacob-to3ccFacts
Nobody looks at their brakes if their adjusted or not. Keep your maintenance up
Fuel prices are killing these guys.
Not really, that is why fuel surcharges exist.
Loads going for 0.70-1.50/mile is what’s killing things.
@@Ironiclobster69 The consumer pays for all of it, so I don't see the issue.
Fuel is cheap now its the Rate
@@doggtownryker7645 California, we pay the democratic dictator tax.