future of trucking

[Magard]

I see it as big fleets buy new trucks. Owner operators buy those used 450k mile trucks that are “fleet maintained” which means 50k oil change intervals and ran to the end based off of statistics on maintenance. Then owner operator or small fleets go broke because they are getting very complicated to work on yourself. Very few elite owner operator that works on their own stuff will make it. Better have a cool 40k in the bank to start with because that truck is gonna be a maintenance nightmare for a while. The owner operator that works like it’s feast or famine ever day. If there’s a paying load that works for you, you better take it. Those guys that work on truck on weekend and drive it during the week will make it just out of shear determination. But they have no life. Wife hardly ever sees you because your married to the truck. Or other options is buy a new truck like fleets only, you pay twice as much. Drive the shi#t out of it and not have the big maintenance bill and maybe have the weekend off but still no money to enjoy it anyway. It’s a dogs life. The company guys have no idea what a owner operator goes through. They all think there gonna get rich owning there own truck and have time off too. It just doesn’t work that way. Most company guys think the boss is getting rich. A truck will make maybe 15% of the gross dollars as profits. Looks like the rates have come down around that much in the last year. Now truck companies are going broke. This pattern will stay in the low side for a while as it’s just starting down.