As long as you are moving, you are making money! You can keep moving for $0.85 or sit at home waiting on $1.50 🤷🏽🤷🏽🤷🏽. Just remember, moving or not, Progressive still wants their insurance payment, truck note still due, mortgage/rent is due on the 1st. I don't have the option to sit and wait 🤷🏽🤷🏽🤷🏽 but that's my choice.
There will never come a day, when any customer will risk his/her company's future by risking and resorting to low ball, low rent expedite costs. Let's open our eyes. It's etched into any Company's business model and budget to pay a higher premium for critical hotshot expedite. By any means necessary! But before that premium pay reaches the actual road warriors'(driver's)wallet, the broker/carrier industry are finding more and more ways to get their greedy paws on that premium cash. And the drivers continue to do an excellent job, so the Companies are pleased with their timely freight. But unbeknownst of the driver exploitation occurring daily. The eighth most dangerous job in the country, and they're taking away your hazard portion of the driver pay.
According to a Forbes Article last month the van expediting delivery business has increased 479% in the past two years. The market is flooded with drivers and rates will remain low until this changes.
Definitly time to start thinking local and regional,its been rough out there for awhile and found out that owning a business locally is much more profitable
Even if your van is paid off it still cost money as a business you have to deduct the cost of van and not to mention the van depriates in value , no matter how much you love the business and how strong you are if the rates keep getting lower that means your paying dispatch and brokers to drive ,
Not all brokers are like that. It's tough for them too because their customers shop around as well for a cheaper rate. If one broker can't give customer the rate they want they will find another broker who will. It's simple. Just like brokers with us if we can't drive for 70 cents and that's what the load pays then they will find someone who will... And they always find someone we know because those loads dissappear becasue someone took it for that rate.
I believe as an independent contractor, we're legally allowed to see the original rate confirmation. What is the original customer paying. That's why you'll see varying levels of documentation to "mimic" an original contract. Cut and paste, partial, made up confirmation. Some as little as, "$750 to you." A driver may see three or more broker/carriers for one load! Sometimes, fake carriers without any trucks. Just a middle man to skim your cash. Regardless, I think by law, the independent contractor should see the original contract and agree to his/her percentage. Carriers at times, avoid disclosing pay, by saying "PERCENTAGE ". Well percentage of WHAT!? Percentage of Ford's contract at $3000? Or percentage of the third broker/carrier down the line at $1200? Cut and paste: "$720 to you!" Lucky guy! Don't spend it all in one place now. Your transmission is about to fail with 350k mi!
I worked for Panther expedite in 2015. The rates are exactly the same as you quoted today. With all the inflation, Covid era you would think rates would go up. All local factory jobs pay and others made a substantial gain over the last couple years. Why are the rates the same as they were 8 years ago? I think the brokers are taking the extra. Why would they have to pay any more if they got Daryl Daryl and Daryl working for them.
It's not just greedy brokers, although they are a big problem. It's to much competition as well. I've been doing this since 2012, and it was good money back then, $1.10 to $1.20 per mile, but with the cut throats taking 35/40 CPM, it's tough for us. Also many retirees are expediting now because they realize they don't have to spend money to buy a motorhome and see the country. Since most sprinter freight is no touch, they can make money while they're seeing the country, delivering freight, and this is saturating the market.
Semi's make far more than a 1.50 mile. Maybe watch some TH-cam truckers. Many are making $3 a mile and more. I think any body driving for .75 a mile expediting is a sucker. Minimum $1 mile.
Dry van semi trucks are driving for $1 to 1.50 a mile average with full loads right now. I don't need to watch anyone when I have friends and close people in the industry doing this so I know the rates. You can open any load board for semi loads and you will see for yourself.
К сожалению все очень печально на рынке сейчас. Ребята которые набрали новых венов, лезут на стены, 109 dead head 430 load ставят $380…. мм страховку 1200 и за кредит 3000 надо каждый месяц платить. Надеюсь многие выйдут из этого бизнеса и баланс нормализуется.
Great, informative video at the current time. I can't wait to get on the road and ride out this tough time in the expediting industry. I'll follow your lead because you are knowledgeable and have been in the business through prosperous and difficult times.
Speaking as someone looking in from the outside that isn't doing this currently, it might be slow because a mass of people decided to jump on the "haul $$$ with a cargo van" trend. I just got bombarded with a youtube algorithm about people running loads with cargo vans last night, never heard of it until then. But i noticed a lot of new drivers/channels
We've been doing this for 9 yrs now. Nothing new here. Rates and freight is always up and down, like a heartbeat. Just like any business there's good times and slow times. Currently it's time to pull out the saved and gathered and slowly use it if there's not enough to feed on.
I have a question. If u bid .85 to.70 where is the profit margin for eagle express. Bidding all day wether you are doing it or someone in your company is takes time and is very hard to do on the road driving alone. Load boards aren’t for free either so I’m questioning the actual rate at which you win the bid because you can’t do it for cost and stay in business while only paying yourself for your loads if you have other drivers. Bottom line what is your profit margin before your drivers pay.
Market saturation, fuel prices are up, insurance premiums are criminally high, food is up, maintenance is up. The only thing going down is the rate per mile. I anticipate lots of people leaving and only the well connected or the more stubborn will remain. My 2 cents.
Most likely yes. Competition needs to be iliminated before normal rates will appear again. It's kind of like the Circle of life. But the strong will survive.
If you can afford to stand until you get what you want per mile then it's up to the driver. But it's the same as going to the grocery store and waiting until something you want is going to cost the amount that you want to buy it for. You either take it for the price item costs or go home empty handed.
Isn't it odd and peculiar that we never hear the Brokers and Dispatchers whining and moaning about low rates! If a driver is complaining about booking loads is he a driver or a part of recruiting newbies who only get low rates, Werner and others their size of big rigs companies treat new drivers to low rates because their CDL is new.
Hey bud your videos are awesome , you motivate me to keep running strong in these bad times, got to keep going!! some money is better than no money in these days it’s all about survival of the fittest 💪!!
I’m on the road all the time. You should do your math one more time cause your numbers are too small. You are a smart guy and in my opinion, you hunting for new drivers. I wish you luck. If you want to contact me I would like to explain how things are going in the Midwest
We know exactly how things go all over 48states. And were not hurting for drivers, we actually have a waiting list of drivers waiting on get on board with us. Our numbers are what they are because of the current load market.
I use to be a broker/account manager about 3 to 4 years ago. I now have my own cargo van with MC and DOT. Take the lower rate from the broker and let them see that you are willing to hustle when the market rates are down or up! You don't know how many times we would contact the same drivers to offer them loads when prices were good because they were willing to earn our respect because they helped us just take care of the customers.
Yep we get load offers from brokers as well before freight even gets posted on the board. Because we have earned the credibility, we have earned the trust and reliability. Rates have been and always will be up and down. It all comes down to how much money you save not earn... In good times and in bad times... Always need to save and put away.
Cut out the broker go direct!!! Fire the independent dispatcher and keep all your funds to stay in business. Not all Brokers are loyal funny you guys agree with this.
That attitude is what broke me when I had a straight truck for 2 years. If these bums cant pay you a profit just park your trucks for several months and go back to your job you left before until they see that no one is hungry enough for beer money to give their labor and truck away.
One thing no one talks about as an owner/ oprtator is benifits. Aside from monthly van and insurance payments, what about medical insurance, sick time and 401k/retirement? Unless you have a spouse that can provide medical through her employer, then how can you afford to drive at these low rates?
More saving then spending that's how you can afford it. And 85 cents a mile is not cheap. Semi trucks are ranging $1 - 1.50$ a mile and they have a lot more expenses than a cargo van. 5 to 6 mpg vs 20mpg in a sprinter.
How low depends on the driver and what they're willing to drive for. Every driver has different expenses and some have none other than fuel for and insurance.
We will outlast this without a problem. When things were great and loads were paying very well we saved money in the busy time like everyone else should have. Now it's time to use that savings. If vehicle is paid for its easier for owner operators.
Its a good time to get a van now theyre a LOT cheaper. Rates are still on the low side and things are not running at full blast either yet but were being hopeful that summer will pick up and give us a deep breath of fresh air and we will be able to make and save money to go through the winter again.
So you make the bet on the load board, you win the load for X amount and you sell that load to the driver in Y amount??…that’s how eagle express works?
That's how all companies work in expediting not just Eagle. But we don't sell anything. When driver is available waiting for a load we bid say 85 cents a mile add $100 to 130 $ for dispatching and driver gets the awarded work if we win the bid.
Everyone thinks this before they get in a situation and then people start thinking differently. Or after you stand for 3 days without getting a load then things chat get in drivers mind.
This business is very sensitive to economic downturns. It has a relatively low barrier to entry ($ initial investment, licensing, education). It seems to me the best time to enter a business such as this is during the 2nd half of a recession, assuming you have enough other income and savings to ride it out. The weak hands will fall to the wayside and the strong hands will remain as the economy starts to recover and rates pick back up.
Even now in the slower times drivers still make more money than they would working an 8 to 5 job. Plus a lot of freedom and time off whenever they want. It's unbeatable.
@@Eagle-Xpress I don’t know much about this business model but by my back of the envelope calculations, it should cost a single driver with his own authority about 0.50 cents per mile just to break even. This assumes a $60k van, 100k payable miles per year, 20k miles per year dead head, repairs, and a gas engine lasting 480k miles before needing a total rebuild. An average of 75 cents per mile should net about $25k per year. Is there another way to save more money or make more? Do drivers divert to pick up an additional load from a private party on their delivery route to help pay for gas? I’m also assuming $1M/100k liability and $3/gallon gas.
Despite all the negative vibes online about expediting, I'm still looking at starting up in 2023. Like you say, keeping your overhead low is key. Hauling any load is better than sitting while earning zero. Any independent job like trucking or expediting has to be better than my current retail warehouse job.
I would suggest working for a fleet owner just to see how you like it and I'm currently working for a fleet owner and some days are good and then you may sit for a day to 5days and my Dispatch tried to get loads today and I didn't get one run after my morning drop and again hopefully this will help some of you out there and good luck and GOD BLESS
@Michael Keogh I would suggest Bolt as well, drive for a fleet owner. I talked to a driver in Laredo that was getting normal rates of $1.30+ out of LAREDO. Folks that drive for .80 are operating on fear and desperation and are getting taken for a ride
So how much does the company earn for dispatching a load to a driver? You are not very clear about it. You take some of the money off the top, I understand you do not want to call that a percentage. So what do you call it and how much is it? Do your drivers know exactly how much money taken off the top when they are offered a load?
It varies on the load, short loads its less long loads its 100 = 130$ we add on top of driver pay for dispatching. Theres no taking away, we just add on top of that rate.
@@Eagle-Xpress thank you for taking the time to go into greater detail. It's much appreciated. That sounds like a great way to handle things for both the office and the driver, and that's the way it should be I think.
As of late I've been seriously considering making the switch to the expediting business but from what I'm hearing I'm wondering if it will work with the way I need it to be structured. I live in Florida and really would want to stay regional and/or within the state due to my family situation. what i need to know is, Is there a way to accomplish this and still be profitable? I've driven OTR before for several years and the weeks and months away from home were only bearable as long as the bottom line made sense. its seeming like the only way to see success/ profit is OTR. any input on the subject would be greatly appreciated.
Not in FL. It's cheap and slow there for expediting. Won't even make enough to cover Operations costs. Our drivers go to Atlanta to get moving when they're in FL. I would not even waste time thinking about it.
@@Eagle-Xpress Understood. Thank you very much for the input. what i need to know now is If i am willing to do the OTR work and travel to a zone that's moving i.e., Atlanta to get going would the expediting business it still be a bad move?
People who think no matter what the question, Trump is the answer, are in a cult. None of these people understand that TRUMP printed up four trillion dollars in new debt and injected all that money into the economy. Now, we have runaway inflation, a cheapened dollar. 25% of this country's total debt was incurred under Donald Trump. If you think that's good business, you shouldn't be in business.
Dispatch worth anything to Brokers will reposition their drivers but some lanes are more responsive to the economy, regionally than other areas of the country.
Are you saying you drive for 80 cpm gross or net? I would argue that if that is gross you are losing money on every mile. Simple math will show that your cost is around 80-90 cpm. That means you need at least $1.80 per mile to make a decent profit.
That's gross. My fuel cost is 22.5 cents per mile. Costs 90$ for a tank of diesel and it gets me 400 miles.... and insurance is 600$ a month. I don't have a van payment. I can easily drive for 80 cents a mile and make very good money. And so can any other driver. There's no cargo van out there who's driving for 1.80 a mile on any descent mileage. If you can load me regularly for that rate leave your coordinates in the comments and I'll gladly go drive for you.
The rates will go up only if the drivers make it happen by stop these low-ball bids. Item X has to be moved from A to B that will never change. It's up to us to demand what we are worth!
If you can afford it you can try to demand, just remember at the end of the month bills need to be paid, mortgage is due, phone bills, credit card bills etc etc etc. All comes down to how long you can last if you want to " make the change " you're referring to.
Does dispatch take less of a % when rates fall, truck is still covering all cost at lower rate. Just wondering why dispatch companies never take less % when rates fall. Instead they try to tell you how to live cheaper on the road.
We don't take out %. We just add in top of driver pat for dispatching. In good times it was more in slow times its less for us just to keep units moving.
I can function on less than 30 a day on food. The amount of discipline isn’t hard to achieve and knowing what you need to keep your self going nutrition wise. But to sit idle for aiming for a particular cost per mile for a long time is just ridiculous. I’ve learned a ton of pointers from you Andre and from other expeditors to make in in the industry. It’s not easy but it’s completely achievable. Keep up the good work. I hope one day I can work along side with you in Expediting. I’m just on the other side of the Cascades north of Everett.
Andre quick question man. Im a CDL, this year I'll buy my van. Is it ok to have a rebuilt title sprinter??? Is insurance more expensive for being so??Rebuilt title cars are less expensive Thank you in advance
It's ok to have a rebuilt title. Insurance is not more expensive for them. Only issue on case of a total insurance only pays out about 50% of book value. Just something to consider.
That's what it is in the current market. Semi truck loads are cheap too. But even with as you say chump change is still good money in the current economy.
I've been doing this for over a year now my dispatch is in Canada they dispatched both Canada and USA you are right only the Strong survive and you got to be ready to go all the time to make money I only get a minimum of 3 to 4 hours sleep sometime not even that the only way you going to get the rest you really wont is if you lucky not to have freight on the weekend
I'm trying to get into this business. I've been about to buy a van. But the information on internet has me completely undecided. Eagle Express says it's bad time, and he got just two loads in three weeks... and on the other hand you say that you don't even have time to sleep... I don't understand... is there work or not?
@@marcheco4498 yeah it was slow a little bit couple weeks ago but we've been rocking and rolling I've been getting three loads a week especially if you in out of Canada you going to get loads get you a passport if you don't have one already I guarantee you you going to have more work than you can handle
lol... Then this job is not for you because sometimes there's an hour or 2 to sleep and u gotta keep moving. Nothing wrong with sleeping in a well built vehicle sleeper if everything is done right. Should be just as comfy as your home bed.
@@Chad-wk2pm then expediting is definitely not for you if you cannot drive all night non stop. That's what it's all about. It's sort of like the reefer trucks. Load in evening deliver in am or middle of the night sleep later in the day after ur empty.
If you dont yes wait it out. Maybe till end of spring or summer time to see how things go. This is not rock bottom yet, it needs to hit rock bottom 1st before we go back up.
I want to work for eagle Express 20 days at a time 1k miles plus per day and off 10 days at at time is this even possible? Thanks in advance and in a sprinter van
Mileage cannot be guaranteed. We will bid on the long miles for the driver if thats what he wants but thats all we can do is bid until we win the load. Its not in our drawer sitting waiting to just give it to someone who wants it.
80 cents a mile! Better sale that van and get you a job. It costs 80 cents a mile to pay expenses. Where is the 70 cents to 90 cents a mile pay for the drivers?
I make money at 80 cents and so do our drivers. If you would flow the freight market you wouldn't be asking that question right now. Things are slow and cheap in Transportation right now. Been like this for almost 1.5 yrs for truckers now. Since last spring. And expediting got hit right in 2023
@@charlesfinnegan7930 really , too say that fuel is free in the usa the other costs must add up, fuel is total con this side of the pond but we have no tolls and crisps chips are from 7 cent to say a dollar depending on make and size
Great insight on the industry. As an outsider I got enticed by watching Sprinter/hot shot drivers on TikTok. They said they were making a ton of money daily while being their own boss and seeing all the beautiful parts of the USA. That really perked my interest. Starting to research and watching TH-cam videos like yours I'm hesitant to jump in.
Some Companies just want to pay 0.40 pr mile I even think 0.55 is to low but that's just me I say if you can make at least 150 day for a short Run it's all good
As long as you are moving, you are making money! You can keep moving for $0.85 or sit at home waiting on $1.50 🤷🏽🤷🏽🤷🏽. Just remember, moving or not, Progressive still wants their insurance payment, truck note still due, mortgage/rent is due on the 1st.
I don't have the option to sit and wait 🤷🏽🤷🏽🤷🏽 but that's my choice.
So true.
I call that making money?? Your on life support. Takes one thing to go bad that will need extra money to fix and your done for.
There will never come a day, when any customer will risk his/her company's future by risking and resorting to low ball, low rent expedite costs. Let's open our eyes. It's etched into any Company's business model and budget to pay a higher premium for critical hotshot expedite. By any means necessary! But before that premium pay reaches the actual road warriors'(driver's)wallet, the broker/carrier industry are finding more and more ways to get their greedy paws on that premium cash. And the drivers continue to do an excellent job, so the Companies are pleased with their timely freight. But unbeknownst of the driver exploitation occurring daily. The eighth most dangerous job in the country, and they're taking away your hazard portion of the driver pay.
According to a Forbes Article last month the van expediting delivery business has increased 479% in the past two years. The market is flooded with drivers and rates will remain low until this changes.
Definitly time to start thinking local and regional,its been rough out there for awhile and found out that owning a business locally is much more profitable
Local and regional is the same thing. Slow and cheap as well. Can't survive without doing long miles and clearing lots of miles.
@@Eagle-Xpress maybe if you work for someone,but if you have your own authority and own vans you actually profit alot more then otr
Even if your van is paid off it still cost money as a business you have to deduct the cost of van and not to mention the van depriates in value , no matter how much you love the business and how strong you are if the rates keep getting lower that means your paying dispatch and brokers to drive ,
Currently vans are still holding value. My van currently costs 10k more than I paid for it originally.
Brokers are the issue. If we continue to give in, they will continue to groom us, while they rake in the bigger percentage. It's tough decisions 😕
Not all brokers are like that. It's tough for them too because their customers shop around as well for a cheaper rate. If one broker can't give customer the rate they want they will find another broker who will. It's simple. Just like brokers with us if we can't drive for 70 cents and that's what the load pays then they will find someone who will... And they always find someone we know because those loads dissappear becasue someone took it for that rate.
I believe as an independent contractor, we're legally allowed to see the original rate confirmation. What is the original customer paying.
That's why you'll see varying levels of documentation to "mimic" an original contract. Cut and paste, partial, made up confirmation. Some as little as, "$750 to you."
A driver may see three or more broker/carriers for one load! Sometimes, fake carriers without any trucks. Just a middle man to skim your cash.
Regardless, I think by law, the independent contractor should see the original contract and agree to his/her percentage. Carriers at times, avoid disclosing pay, by saying "PERCENTAGE ". Well percentage of WHAT!? Percentage of Ford's contract at $3000? Or percentage of the third broker/carrier down the line at $1200?
Cut and paste: "$720 to you!" Lucky guy!
Don't spend it all in one place now. Your transmission is about to fail with 350k mi!
No SUPPLY N DEMAND IS THE ISSUE!! Too many trucks not enough freight.
@@LynnUnfiltered Too many trucks AND corrupt brokering. They're not mutually exclusive.
@@williamrobinson6680 yes and independent dispatchers let’s not forget them. They get paid no matter how cheap the load is.
I worked for Panther expedite in 2015. The rates are exactly the same as you quoted today. With all the inflation, Covid era you would think rates would go up. All local factory jobs pay and others made a substantial gain over the last couple years. Why are the rates the same as they were 8 years ago? I think the brokers are taking the extra. Why would they have to pay any more if they got Daryl Daryl and Daryl working for them.
It's not just greedy brokers, although they are a big problem. It's to much competition as well. I've been doing this since 2012, and it was good money back then, $1.10 to $1.20 per mile, but with the cut throats taking 35/40 CPM, it's tough for us. Also many retirees are expediting now because they realize they don't have to spend money to buy a motorhome and see the country. Since most sprinter freight is no touch, they can make money while they're seeing the country, delivering freight, and this is saturating the market.
Semi's make far more than a 1.50 mile. Maybe watch some TH-cam truckers. Many are making $3 a mile and more. I think any body driving for .75 a mile expediting is a sucker. Minimum $1 mile.
Dry van semi trucks are driving for $1 to 1.50 a mile average with full loads right now. I don't need to watch anyone when I have friends and close people in the industry doing this so I know the rates. You can open any load board for semi loads and you will see for yourself.
К сожалению все очень печально на рынке сейчас. Ребята которые набрали новых венов, лезут на стены, 109 dead head 430 load ставят $380…. мм страховку 1200 и за кредит 3000 надо каждый месяц платить. Надеюсь многие выйдут из этого бизнеса и баланс нормализуется.
I think this industry should be regulated. I a lot of hard working Americans getting ripped off...
It's just like any business. Theres good times and bad times.
Please guys don’t take cheap loads 🤦🏻♂️🤦🏻♂️
Great, informative video at the current time. I can't wait to get on the road and ride out this tough time in the expediting industry. I'll follow your lead because you are knowledgeable and have been in the business through prosperous and difficult times.
Speaking as someone looking in from the outside that isn't doing this currently, it might be slow because a mass of people decided to jump on the "haul $$$ with a cargo van" trend. I just got bombarded with a youtube algorithm about people running loads with cargo vans last night, never heard of it until then. But i noticed a lot of new drivers/channels
We've been doing this for 9 yrs now. Nothing new here. Rates and freight is always up and down, like a heartbeat. Just like any business there's good times and slow times. Currently it's time to pull out the saved and gathered and slowly use it if there's not enough to feed on.
I have a question. If u bid .85 to.70 where is the profit margin for eagle express. Bidding all day wether you are doing it or someone in your company is takes time and is very hard to do on the road driving alone. Load boards aren’t for free either so I’m questioning the actual rate at which you win the bid because you can’t do it for cost and stay in business while only paying yourself for your loads if you have other drivers. Bottom line what is your profit margin before your drivers pay.
We bid the rate per mile for the driver and add anywhere between. 100 to 130$ per load. On the long mileage ones of course.
@@Eagle-Xpress Thank you for the info… trying to find a fair margin for my drivers and myself as well.
Market saturation, fuel prices are up, insurance premiums are criminally high, food is up, maintenance is up. The only thing going down is the rate per mile. I anticipate lots of people leaving and only the well connected or the more stubborn will remain. My 2 cents.
Most likely yes. Competition needs to be iliminated before normal rates will appear again. It's kind of like the Circle of life. But the strong will survive.
When you drive for lower rates the lower rate becomes the norm, it then becomes a race to the bottom as in Uship and boards like it
If you can afford to stand until you get what you want per mile then it's up to the driver. But it's the same as going to the grocery store and waiting until something you want is going to cost the amount that you want to buy it for. You either take it for the price item costs or go home empty handed.
Isn't it odd and peculiar that we never hear the Brokers and Dispatchers whining and moaning about low rates! If a driver is complaining about booking loads is he a driver or a part of recruiting newbies who only get low rates, Werner and others their size of big rigs companies treat new drivers to low rates because their CDL is new.
If you took the van home and sat there for 6 months id respect u more
Not sure what the meaning of your message is.
Hey bud your videos are awesome , you motivate me to keep running strong in these bad times, got to keep going!! some money is better than no money in these days it’s all about survival of the fittest 💪!!
I’m on the road all the time. You should do your math one more time cause your numbers are too small. You are a smart guy and in my opinion, you hunting for new drivers. I wish you luck. If you want to contact me I would like to explain how things are going in the Midwest
We know exactly how things go all over 48states. And were not hurting for drivers, we actually have a waiting list of drivers waiting on get on board with us. Our numbers are what they are because of the current load market.
Some Walmart stores are closing so I understand everything it’s just God time now cause us mankind are getting worse every day
I use to be a broker/account manager about 3 to 4 years ago. I now have my own cargo van with MC and DOT. Take the lower rate from the broker and let them see that you are willing to hustle when the market rates are down or up! You don't know how many times we would contact the same drivers to offer them loads when prices were good because they were willing to earn our respect because they helped us just take care of the customers.
I agree 100%
Bullshit
Yep we get load offers from brokers as well before freight even gets posted on the board. Because we have earned the credibility, we have earned the trust and reliability. Rates have been and always will be up and down. It all comes down to how much money you save not earn... In good times and in bad times... Always need to save and put away.
Cut out the broker go direct!!! Fire the independent dispatcher and keep all your funds to stay in business. Not all Brokers are loyal funny you guys agree with this.
That attitude is what broke me when I had a straight truck for 2 years. If these bums cant pay you a profit just park your trucks for several months and go back to your job you left before until they see that no one is hungry enough for beer money to give their labor and truck away.
One thing no one talks about as an owner/ oprtator is benifits. Aside from monthly van and insurance payments, what about medical insurance, sick time and 401k/retirement? Unless you have a spouse that can provide medical through her employer, then how can you afford to drive at these low rates?
More saving then spending that's how you can afford it. And 85 cents a mile is not cheap. Semi trucks are ranging $1 - 1.50$ a mile and they have a lot more expenses than a cargo van. 5 to 6 mpg vs 20mpg in a sprinter.
How low is too low? You sound like if their paying .25 mile well then that's what I have to drive for. Your mentality is part of the problem.
How low depends on the driver and what they're willing to drive for. Every driver has different expenses and some have none other than fuel for and insurance.
80 CPM is simply a joke, if you take whatever you see you simply banding over , good luck
I'll take more if you can pay me more.
Low overhead is key right now...but still this can't last much longer , alot of drivers are taking really low paying loads and messing the rates.
We will outlast this without a problem. When things were great and loads were paying very well we saved money in the busy time like everyone else should have. Now it's time to use that savings. If vehicle is paid for its easier for owner operators.
Is this a good time to get into van expediting? I’m am looking at an extended 3500 pro master. Love your videos!
Its a good time to get a van now theyre a LOT cheaper. Rates are still on the low side and things are not running at full blast either yet but were being hopeful that summer will pick up and give us a deep breath of fresh air and we will be able to make and save money to go through the winter again.
So you make the bet on the load board, you win the load for X amount and you sell that load to the driver in Y amount??…that’s how eagle express works?
That's how all companies work in expediting not just Eagle. But we don't sell anything. When driver is available waiting for a load we bid say 85 cents a mile add $100 to 130 $ for dispatching and driver gets the awarded work if we win the bid.
im new to this but im here to tell you, this thinking is the problem, so deparate to move, letting them pay you anything??? NO f u c k no
Everyone thinks this before they get in a situation and then people start thinking differently. Or after you stand for 3 days without getting a load then things chat get in drivers mind.
Yo yo drive safe bro bro
This business is very sensitive to economic downturns. It has a relatively low barrier to entry ($ initial investment, licensing, education). It seems to me the best time to enter a business such as this is during the 2nd half of a recession, assuming you have enough other income and savings to ride it out. The weak hands will fall to the wayside and the strong hands will remain as the economy starts to recover and rates pick back up.
Even now in the slower times drivers still make more money than they would working an 8 to 5 job. Plus a lot of freedom and time off whenever they want. It's unbeatable.
@@Eagle-Xpress I don’t know much about this business model but by my back of the envelope calculations, it should cost a single driver with his own authority about 0.50 cents per mile just to break even. This assumes a $60k van, 100k payable miles per year, 20k miles per year dead head, repairs, and a gas engine lasting 480k miles before needing a total rebuild. An average of 75 cents per mile should net about $25k per year. Is there another way to save more money or make more? Do drivers divert to pick up an additional load from a private party on their delivery route to help pay for gas? I’m also assuming $1M/100k liability and $3/gallon gas.
@@jasoncarter4343 exactly they never tell you to add all that cost up
Dont know much? lol summed that up pretty well@@jasoncarter4343
Despite all the negative vibes online about expediting, I'm still looking at starting up in 2023. Like you say, keeping your overhead low is key. Hauling any load is better than sitting while earning zero. Any independent job like trucking or expediting has to be better than my current retail warehouse job.
I would suggest working for a fleet owner just to see how you like it and I'm currently working for a fleet owner and some days are good and then you may sit for a day to 5days and my Dispatch tried to get loads today and I didn't get one run after my morning drop and again hopefully this will help some of you out there and good luck and GOD BLESS
Running around for beer money is a waste of time, deliver pizzas if that's what you're chasing
@@nickleplease I just want something different. I have less working years ahead than I do behind.
@Michael Keogh I would suggest Bolt as well, drive for a fleet owner. I talked to a driver in Laredo that was getting normal rates of $1.30+ out of LAREDO. Folks that drive for .80 are operating on fear and desperation and are getting taken for a ride
I agree .. just bought a sprinter van yesterday
So how much does the company earn for dispatching a load to a driver? You are not very clear about it. You take some of the money off the top, I understand you do not want to call that a percentage. So what do you call it and how much is it? Do your drivers know exactly how much money taken off the top when they are offered a load?
It varies on the load, short loads its less long loads its 100 = 130$ we add on top of driver pay for dispatching. Theres no taking away, we just add on top of that rate.
@@Eagle-Xpress thank you for taking the time to go into greater detail. It's much appreciated. That sounds like a great way to handle things for both the office and the driver, and that's the way it should be I think.
As of late I've been seriously considering making the switch to the expediting business but from what I'm hearing I'm wondering if it will work with the way I need it to be structured. I live in Florida and really would want to stay regional and/or within the state due to my family situation. what i need to know is, Is there a way to accomplish this and still be profitable? I've driven OTR before for several years and the weeks and months away from home were only bearable as long as the bottom line made sense. its seeming like the only way to see success/ profit is OTR. any input on the subject would be greatly appreciated.
Not in FL. It's cheap and slow there for expediting. Won't even make enough to cover Operations costs. Our drivers go to Atlanta to get moving when they're in FL. I would not even waste time thinking about it.
@@Eagle-Xpress Understood. Thank you very much for the input. what i need to know now is If i am willing to do the OTR work and travel to a zone that's moving i.e., Atlanta to get going would the expediting business it still be a bad move?
We need Trump in office
Things were good when trump was in. But not everything is up to the president. God is in charge of what goes on in the world.
People who think no matter what the question, Trump is the answer, are in a cult. None of these people understand that TRUMP printed up four trillion dollars in new debt and injected all that money into the economy. Now, we have runaway inflation, a cheapened dollar. 25% of this country's total debt was incurred under Donald Trump. If you think that's good business, you shouldn't be in business.
Dispatch worth anything to Brokers will reposition their drivers but some lanes are more responsive to the economy, regionally than other areas of the country.
I appreciate your healthy content 🙌🏻!
Are you saying you drive for 80 cpm gross or net?
I would argue that if that is gross you are losing money on every mile. Simple math will show that your cost is around 80-90 cpm. That means you need at least $1.80 per mile to make a decent profit.
That's gross. My fuel cost is 22.5 cents per mile. Costs 90$ for a tank of diesel and it gets me 400 miles.... and insurance is 600$ a month. I don't have a van payment. I can easily drive for 80 cents a mile and make very good money. And so can any other driver. There's no cargo van out there who's driving for 1.80 a mile on any descent mileage. If you can load me regularly for that rate leave your coordinates in the comments and I'll gladly go drive for you.
Hey! I can i contact you? I have 2020 Ram Master hight roof
This video was a good one 👍
I send a message to the email but they don't answer me please..
I think I answered you
@@Eagle-Xpress yes thanks
The rates will go up only if the drivers make it happen by stop these low-ball bids. Item X has to be moved from A to B that will never change. It's up to us to demand what we are worth!
If you can afford it you can try to demand, just remember at the end of the month bills need to be paid, mortgage is due, phone bills, credit card bills etc etc etc. All comes down to how long you can last if you want to " make the change " you're referring to.
Does dispatch take less of a % when rates fall, truck is still covering all cost at lower rate.
Just wondering why dispatch companies never take less % when rates fall.
Instead they try to tell you how to live cheaper on the road.
We don't take out %. We just add in top of driver pat for dispatching. In good times it was more in slow times its less for us just to keep units moving.
The point is it sucks right now.
Its not super bad and its not super great. Its in the middle currently.
I can function on less than 30 a day on food. The amount of discipline isn’t hard to achieve and knowing what you need to keep your self going nutrition wise. But to sit idle for aiming for a particular cost per mile for a long time is just ridiculous. I’ve learned a ton of pointers from you Andre and from other expeditors to make in in the industry. It’s not easy but it’s completely achievable. Keep up the good work. I hope one day I can work along side with you in Expediting. I’m just on the other side of the Cascades north of Everett.
Too many trucks in the industry right now! They need to leave expeditiously then you will see a rate change.
Yea I do believe that competition has a lot to do with it. The strong will survive. In the last 9 yrs its been a LOT WORSE and we lived through it.
I'm ready to buy a sprinter and get out of my CDL shuttle work. Any more advice.
There's over 200 videos on my channel about expediting. You can watch more videos and become a pro even before you start.
It is just simple math. Seating 3h no loads means 0$ earnings. Sometimes you got to take a hit to get out of a bad area
What state are you in ?
Washington
i have been following your videos since last year. im about ready to purchase a van, are you on one strict board like DAT? thank you
We dont use DAT, its not an expediting load board. We use special expediting boards.
Andre quick question man. Im a CDL, this year I'll buy my van. Is it ok to have a rebuilt title sprinter??? Is insurance more expensive for being so??Rebuilt title cars are less expensive Thank you in advance
It's ok to have a rebuilt title. Insurance is not more expensive for them. Only issue on case of a total insurance only pays out about 50% of book value. Just something to consider.
Thank you for the up front information…
hey, you talking funny stories,
.80 cents a mile in chump change
That's what it is in the current market. Semi truck loads are cheap too. But even with as you say chump change is still good money in the current economy.
@@Eagle-Xpress the vans are pretty high cost ans the fuel is high,, seems like there needs to be more money ,
I've been doing this for over a year now my dispatch is in Canada they dispatched both Canada and USA you are right only the Strong survive and you got to be ready to go all the time to make money I only get a minimum of 3 to 4 hours sleep sometime not even that the only way you going to get the rest you really wont is if you lucky not to have freight on the weekend
I'm trying to get into this business. I've been about to buy a van. But the information on internet has me completely undecided. Eagle Express says it's bad time, and he got just two loads in three weeks... and on the other hand you say that you don't even have time to sleep... I don't understand... is there work or not?
@@marcheco4498 yeah it was slow a little bit couple weeks ago but we've been rocking and rolling I've been getting three loads a week especially if you in out of Canada you going to get loads get you a passport if you don't have one already I guarantee you you going to have more work than you can handle
It's time to stop sleeping in a vehicle
lol... Then this job is not for you because sometimes there's an hour or 2 to sleep and u gotta keep moving. Nothing wrong with sleeping in a well built vehicle sleeper if everything is done right. Should be just as comfy as your home bed.
@@Eagle-Xpress ok thx I would not run that hard anyway
@@Chad-wk2pm then expediting is definitely not for you if you cannot drive all night non stop. That's what it's all about. It's sort of like the reefer trucks. Load in evening deliver in am or middle of the night sleep later in the day after ur empty.
I email you for job application get no response. Are you hiring now or not.
Every email I respond to personally. If you didnt get a response then it didnt come in. Did you copy and paste it?
So if I don't have a Cargo van should I wait...please suggest
If you dont yes wait it out. Maybe till end of spring or summer time to see how things go. This is not rock bottom yet, it needs to hit rock bottom 1st before we go back up.
I want to work for eagle Express 20 days at a time 1k miles plus per day and off 10 days at at time is this even possible? Thanks in advance and in a sprinter van
Mileage cannot be guaranteed. We will bid on the long miles for the driver if thats what he wants but thats all we can do is bid until we win the load. Its not in our drawer sitting waiting to just give it to someone who wants it.
You aren’t doing 1K per day everyday. That’s not possible.
I wonder how much apps like uship have impacted the industry.
? The only freight I saw on there was something that I could not afford to haul...lol
80 cents a mile! Better sale that van and get you a job. It costs 80 cents a mile to pay expenses. Where is the 70 cents to 90 cents a mile pay for the drivers?
I make money at 80 cents and so do our drivers. If you would flow the freight market you wouldn't be asking that question right now. Things are slow and cheap in Transportation right now. Been like this for almost 1.5 yrs for truckers now. Since last spring. And expediting got hit right in 2023
30 dollars a day on feed what your running a horse on ketamine.
Water tacos sandwiches some chips and dollar store snacks easy 5 dollars a day
a bag of doritos is $5 by itself🤣
@@charlesfinnegan7930 really , too say that fuel is free in the usa the other costs must add up, fuel is total con this side of the pond but we have no tolls and crisps chips are from 7 cent to say a dollar depending on make and size
yea, gotta be shopping at grocery outlet these days....
Do you provide original bet pay you win to the driver!?
If it's needed yes we can.
Is your company hiring for drivers?
Might have room for 1 more. Depending on what kind of van you drive.
Do you need a DOT # when expediting?
not when youre in a cargo van, its under 10k gvw
Do you have to run ELD.?
Nope
Great insight on the industry. As an outsider I got enticed by watching Sprinter/hot shot drivers on TikTok. They said they were making a ton of money daily while being their own boss and seeing all the beautiful parts of the USA. That really perked my interest. Starting to research and watching TH-cam videos like yours I'm hesitant to jump in.
I tell the truth like it is.
I’m looking to join your team. Can you give me realistic numbers on what I could be looking at for income?
Currently anywhere from 2k to 4.5k a week if you're a good driver that can drive all night long and clear long miles.
@Eagle-Xpress really, no less than 2k/week?
If you have a fridge and microwave you can save a lot of money while otr.
Good content.Andre
Thats right! And little propane stove and a pan. Its easy to cook for yourself.
Where can that stuff fit? I have a promaster i have a toilet but where would you fit the other items
Some Companies just want to pay 0.40 pr mile I even think 0.55 is to low but that's just me I say if you can make at least 150 day for a short Run it's all good
55 is too cheap. Fuel is still pricy. We have not loaded anyone lower than 80 cents a mile this year as far as I know.
Yes Sir that's a lot better than others out there but I'm getting a % pr load
You're taking all the loads 😂
It's time to leave Andre so i can get in 😂
We need Trump again 🇺🇲
Yea things were better, but Bible says that all power comes from God...it was meant to be that we have what we have now.
Can I join your company how I can contact you what is your email
It's in the description