Well said bro, I can confirm the profit margin on all freight, is between 2-8%, even doing LTL. Most companies out west here, have been operating on break even, or 5-8% loss, surviving on credit and savings.
This also goes for the gravel/construction business, big dollars on the invoices, nothing left after you pay for it all; break even to maybe 5-8% profit. Unlimited truck and pup outfits, willing to do it for a loss just to get the work.
I’m still doing ok, but I’m starting to think I should have looked into fuel/propane hauling, roll off or something else. For Hire anything in trucking just seems to be the same old dead end.
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