How Has Trucking Changed From 2023-2024? Our Numbers 

I see Miranda, I click. I'm a simple man

Anybody remember when we used to pick a load run it get another run it get fuel and chrome and washes without counting every single penny and percentage 😎

Great analysis of some really tough numbers. In 8 months my truck will be paid off. I am counting the days

I pull 53’ step deck under my own authority and do my own dispatch. Trust me I feel your pain. It’s a down cycle and will get through it.

As owner operator ,thank you for understanding the truck driver

I don’t really relate to anyone struggling in the industry and there isn’t much I can be taught being a 3rd gen company owner but my god this lady is stunning I could sit and listen to you all day 😂

this is the first time I've heard a metric regarding time off (10 days off every 4 weeks). This is useful to me as I'm trying to figure out what a reasonable amount of time off should be (for 2024 I'm planning on taking 31-36 days off myself)

I've spent just over 60 grand in a 12 month period on major repairs. Now it's just trying to recover

I share all Mirandas videos with all 90 agents of our Agency😀😀 its a must watch. Please keep the good work going. Thank you

GREAT episode! The human factor is not always easy but very necessary. Your business partner may want factor this in. While sacrificing for the company is noble, it comes at a cost and that cost is not always apparent in the moment.

Well done, as usual Miranda. Off topic of this video but in my railing against the over capacity and invasion of our country in trucking and in general I experienced something a couple days ago proving my point. I’m playing steering wheel holder as I coast towards retirement pulling a company dry van. I was to drop Sunday at a major food manufacturer. Upon arrival the guard handed me a sheet of paper with the QR code smart phone access in 4 languages: English, Spanish, Russian and Arabic. 🤮enough said!

Looks like you guys did ok, considering current market conditions.

Hi Miranda ur looking fabulous, agree in all u said u r on point, it doesn't get better than that, thats the way I run my business as u said at the end of the video and I make my numbers running hard 600-700 miles daily all over the state. Take good care of ur self and smile more often cause u got a beautiful smile 🥂🥂

Over 50% expenses that’s a huge risk I could say more like losses / if you could stay 40% expenses or lower you could be able to breath more and keep driver 3 weeks out 3-4 days off

It really depends on your location. Is the town growing..? Do you have to travel far for your loads, is he/she still using a broker? Also this years been a nightmare for most of us. As long as you still have that "eye of the tiger go get em mentality " you're gonns bounce back , adapt and get your numbers back up .

I’ve been running this company truck like I own it and the fuel is really the part of the whole deal. I mean it mood swings you. Gotta worry about your fuel surcharge. A lot of things going on out here. People had to take in consideration. Thank you for your work though.😎💯🚛

I appreciate your analysis and commentary. Very helpful

That's the first time I've heard about "owner's draw". I had to rewind and hear the word again and look it up immediately, thanks. I should've been studying instead of watching a stupid horror movie that left me depressed but that's what unharnessed curiosity can do to somebody.

Girl it's getting so crazy right now 🍻🥳

Miranda, in an upcoming video, can you discuss factoring and what goes into it ?

Been out of the game for awhile still hear about what's going on the industry bought my first truck when the market was not hot have a better life at home but weirdly ready to get back and deal whatever bs there figured if you can handle when it was tough back then you can handle it now

As always Thank You for sharing...always appreciated.

Thank you for all your hard work and time Miss M.

Good to see you back. ❤️

Great job as always. Thanks for your information

Great breakdown. Thank you.

Great video and very informative, thank you for your hard work ..

Excellent video

If an owner pays driver salary ( $10k ) you will end up with $4300, and if you count the Value of your Truck going down month by month, you will probably end up even or losing on the current market

This is slightly discouraging to see. I just bought a truck Sunday, I’m starting the paperwork for my own authority and I’m surprised how little the profit was. I paid cash for the truck so I will have insurance and other expenses but no expensive truck payment. It really seems like I’ll have to sharpen my pencil to make this work. Love the truck though. Drove it from southern Oregon up I-5 to Spokane. Cat C12 with a 10 speed.

Salute 🫡 to you Ms info appreciate you

My income dropped 10k last year. Company driver.

Thank you!

The profit margin essentially got swiped away. Hamsters on a wheel. Go and tell someone you will be need to work harder next year just to have your income reduced by 25% 😳

Wow, its krazy I only did 14k for the month of April 2024.

Miranda❤️❤️❤️❤️❤️❤️❤️

Miranda, could t find the broker bankruptcy video, however, not an attorney but has happened to me before. Check date of bankruptcy filing. If you completed the shipping within 20 days of broker bankruptcy filing, you stand a great chance of complete recovery of debt. Check your state bankruptcy rules

At the end of the day the conclusion is called BAD!

👍🙏.. glad I'm retired !.

7k fixed monthly expenses is insane

These brokers are getting out of hands, now if you are a PO carrier or O/O then its hard to get home because all this brokers wants you to return their trailer to the shipper after deliver and wont pay you for round trip . Once you are late returning their trailer, they charge you anywhere from 50 to 150 bucks per day . Insane huh

Hey Miranda, Looking to get into the industry never drove a big rig however am 61 very careful driver no dui no accidents ever! no moving violations in 25 yrs do you suggest I wait to get started or could a carrier like Roehl be a good place to start

❤ the 💇🏻‍♀️!! 😃

nice as usual.

Not many people make 14K per month. I don't get why everybody keep saying it is bad times for truck drivers. Even considering you have to own a truck.

WE ARE NOWHERE NEAR THE BOTTOM. When your average rates drop below $1/mi - that’s what I would call a true freight recession. Until then…keep your drivers door closed and roll 🚀

I have 2 trucks "running" 2022 to 2023 my profit fell by more than half my gross went from 666k to 400k 2024 looking even worse.

Why don’t you haul reefer or dry vans? Because of low rates or expenses are higher for them than flatbed, I can’t understand this topic 😮

You should change the name of the channel to Trucking Made Stressful

There a lot foreign b1 mexican drivers doing this jobs for less on the road you only see double plate on trucks

I hear you say that the driver had to use a junk truck. How do you insure a backup truck? I have an extra truck sitting here but i can't justify keeping everything current on it just for backup when new truck goes in shop

Question: would you get an extended warranty on a used truck. The truck has 400,000 miles ?

RU-vid ( Josh Turner - Me And God ) ( Official Audio ) and have fun singing along ! ❤😊

Do you guys use a factoring company? And if so why not secure a line of credit and do your own invoicing. I’m think about doing this would love your opinion!

HEY LETSSS GOOOOOOOO THANKSSSS🎉🎉🎉🎉

Loadboard costs seem high

Is it still worth becoming a truck driver?…

That explains why big successful companies don’t operate junk equipment. $45k…ouch!

I dont see how anyone can survive on their own in this market. Especially a 1 truck operation working off load boards. Thats just asking for bankruptcy.

If y’all spent $45,000 in 3 months imo that justifies a new truck payment.

Trucking industry will take at least 10 years to adjust. Now people are buying Trucks like crazy, because of the price is so low.

I disagree with the doing you're own taxes. If you find the right CPA, that person will save you more money than what it costs to hire them. Not to mention their fees are written off as professional and legal fees. I pay about $1100 for consultations and filing taxes. Me personally, I focus on building relationships with clients and brokers and let my tax guy worry about the taxes. Same with my compliance team, let them take care of it and make sure I am compliant so I can get contracts. FIVE months in to my authority, and I have a contract lined up with a media company that is going to pay me layover time whenever I am not hooked up to one of their trailers and far better than market rates. The dream is still real. As you said Miranda, have some skin in the game. The whole driver not wanting to do something like go to certain parts of the country or tarp every day 🙄 respectfully offer that option but let them know, in order to accommodate these demands it will result in a lower pay or home time, so we can continue to make a profit.

Did you get a haircut?? Beautiful ❤️❤️

I have a truck and trailer for sell out of SC

Miranda pack your bags!!! head to the Midwest !! California and Texas have been boom and bust for the last 150 years!!! run while you can!!!😀

That is crazy as hell $4000 a month for a truck payment I would be making my drivers shit. Their GPS is to no tolls that would save you a lot of money. Almost a whole week worth of truck payment It’s not that much longer to go non-toll road Compared too toll roads

What the heck why the drop in monies ($$) even though there are a lot of drivers shouldn’t that be more loads going out?

Hello, what type of trailer are you discussing in this particular video, is this dry van?

Please factor in your health deterioration and having been away from family friends. If you young, please don’t even think about it! There many other options out there.

Hi Miranda what program are you using to keep track of your income n expenses. Fuel, repairs and costs in general 😎

Hi there TMS, I just watched a video and the gentlemen said that it is possible to be a owner driver operator and a dispatcher at the same time, is this information correct? He said his is student has a multiple stream income, is making more money by doing both!

Which software do you use to calculate all these numbers and graphics? Thank you 😊

Reefer van or flatbed

❤❤

🥂🍾💯

these numbers only for 1 unit ? if s how many units u got in fleet ?

Is this step deck rates ?

Have you ever heard of the concept opportunity cost? Sure, You can save something by doing all the office work, dispatch, compliance. Or, like I do, You can train and pay a kid in India 400$ a month and He ll do all that, freeing up your whole time to do something else way more profitable than 400$. Same applies, athough to a lesser degree, to driving your truck. If You can do something more profitable than a truck driver salary, your opportunity cost is more than what you save, so it makes sense to delegate. And removing collision insurance? Right. Paid off the truck that is now worth 100k, have your driver smash it into a wall and now what?? Lost 100k just like that? Take that risk just to save a couple hundred per month? Lol

There is no way the average driver takes off 10 days every four weeks

This is not going to get better unless we all unite and fight the corporations run by bean counters!

The new blood pressure standards taking drivers off of the road as fast as cheap freight. Get to your private Doctor at least 3 months before your current medical card expires. Your body may be a junker and you don't even know it.

just park it, folks

Oi 👋

Absolutely screwed in this Economy. We all know Biden could care less about a Trucker!!!!! I wonder how many can survive until Trump takes over!!!!

Fire those lazy drivers, please.

Raven and Arnold transportation going out of business,it's getting worse by the minute.