Surviving The Trucking Market As A New Owner Operator (New Cost Per Mile Calculator Included Here!)

I know this video is ridiculously long, but I think this information is important to help you stay afloat in the current market. Keep fighting!
RTS Fuel and Factoring: www.rtsinc.com/agent-company/...
Cost Per Mile Calculator: www.calconic.com/calculator-w...
My email: [e-mail].
Dispatch Course: miranda-c-s-school.teachable....
Website: www.truckingmadesuccessful.com

[@xpicklepie]

You're the best trucker youtuber because you get right to the topic and the info is well explained/easy to get. *Please don't change anything.*

[@467inc]

She is Great 👍🏾

[@smokingjoe9864]

My Dad, a wise business man, told me "Borrow enough extra money for 2 years of expenses and the loan payments.". He emphasized that you need to have 2 years of your loan payments in the bank. I got my Mother's money skills. I was a company driver.

[@topdoglogistics1406]

I got in the market and I’m meeting my goals

[@aquianstanley3909]

How long?

[@hamelter]

Something about the way you explain things!!! I can’t never stop watching any of your videos once I hit play! You’re a wealth of information

[@CantrellMosley1]

Great content as always. Just riding this crazy wave. Thank you for the calculator as well, extremely helpful.

[@hansenhansen8349]

You are doing a great thing helping out driver's. Thank You. At the end sounds just like farming. Be well.

[@LeoAlexanderLLC]

If you have new authority. kindly contact us. We We a full team of dispatchers. Who will provide you best load.

[@belindajones7135]

I enjoy your videos and thank for sharing such great knowledge and experience in the trucking industry!

[@jlcfreightcorp4223]

love how you explain so clear. Gained a new follower!

[@arisedispatchagency931]

I appreciate your channel, thank you for all the advises you giving and for the calculator.

[@dougcleveland6988]

I am new to listening to your videos,but it is an instant attraction to information that is explained from realism…I am an o/o,and I will be honest…I haven’t done my business from a purely educated standpoint…I have done it from the hip,and was just lucky…I want to be more analytical in what I do…I’m a fan of yours now…keep up the good work,and keep the videos coming!

[@ssp7268]

Fantastic ! Thanks so much for sharing your knowledge and insight. It's greatly appreciated.

[@questioneverything594]

Wow. She seems like a genuinely nice person, is business savvy, brilliant, funny and is simply stunning. Rare combination.

[@wahoofan222]

Very effective presentation and excellent example on your spreadsheet. It is my experience that many owner operators don't know their CPM!! Very few who i have talked too and tried to recruit as a client are clueless and fly by the seat of their pants. This help explains the failure rates for O/O businesses

[@ANDREASRIAL]

Greatly appreciated, tons of informative and quality knowledge....THANKS A MILLION.

[@carlgrogan3681]

I'm glad I found your videos very informative, thank you.

[@adrienmitchell2417]

Hope for the best, prepare for the worst.... always a smart and safe concept!

[@jorgeespinosa5005]

Very good and useful information as usual. Thank you! You’re amazing! And beautiful btw

[@alexandruapostol]

I wish I had you 11 years ago when I start in trucking. You make it very easy for new guys. You should start charge some money

[@itsmitchnewton7670]

Thanks for the jewels as always!! 🙏🏽

[@nagaexpress9998]

This video is another example of why trucking logistics experts deserve so much respect. Further, why O/Os and truckers that apply these data-driven analytics to their business deserve so much respect. If people think that O/Os are just "steering wheel holders," Miranda proves how to be successful, or at least able to survive a market downturn, one needs to be almost a transportation CPA and MBA at the same time. These tools she has devised are learnable, and can make the difference between "rolling the dice" with your business, and actually using analytics to make sure that you are profitable, or at least breaking even while riding out this market correction. I hope that when she monetizes the dispatching course, that people sign up and pay for it. The information she provides here is invaluable, and those that follow her advice will see more $$$ in their accounts, even though her profitability calculator in today's video won't show "$$$" signs... :)

[@TruckingMadeSuccessful]

☺️

[@Coyotecreekgamefowl]

You are an amazing person thanks for all the information.

[@azshort5755]

You have very help expertise thanks for the videos

[@adamvediz8495]

Thanks for the info!

[@Advikap14]

Thank you 🙏 for good information. I am your one of the classes taking your online classes.

[@volodymyrprosov6134]

Thank you for the video!

[@leandrony10]

you r very good youtuber and very simple explanation ..,

[@jason6919]

I really enjoy RTS because I also preplan my stops. I can go from Houston to PA or NY and average about $4.50 a gallon currently. Prices just started going up 2 weeks ago. Two weeks ago I averaged $4.25 a gallon.

[@kain3582]

I forgot about TQL and their annoying habits.. dying when you said that 😂

[@adipakiamerican4628]

Very useful video. Thank u for ur help. Plz make similar video for lil guys like box trucks.

[@Resistance_is_Futile01]

Yay another cool vid 👍👍

[@abrahammuhammad2649]

Best channel ever... Where you been all my life lol

[@OrtodoxDB]

To maximize your fueling even further you need to now ifta rates in each states.

[@BarryWoodward-kg7rw]

You're so classy and intelligent love you in glasses God bless you glad I met you❤

[@raccoon_cheeky]

Cool, as usual!)

[@larrysandoval4751]

You’re awesome

[@adyh3004]

I agree with you 💯 💯💯Don't buy a $80,000 car Mr.Truck Driver and drive it 4 days a month .... Or expensive house 🏠 and sleep home 3 nights a month !!! Used your head Mr.Truck Driver if you want to have a great life am going to stop here for now .....Good luck Mr.Truck Driver

[@lowcosttrucking4586]

Surviving & surviving mode activate 💆🏾‍♂️🎻

[@alexanderherrera5276]

I love the content you are creating especially since you mention California and I'm a CA resident. I'm a newbie and will barely getting my CDL process going this month. Other than your dispatch school is there any information you provide about starting a transportation company?

[@TruckingMadeSuccessful]

I am actually in the process of making a course on how to open and manage a trucking company :)

[@alexanderherrera5276]

@@TruckingMadeSuccessful that's the goal

[@Miggytunes]

Glad I found your channel. Your content is great and the delivery is very fun and professional. I’ve been trucking for 3 years now and I’m currently running for a company out of the port. I’ve done regional loads out of the port Dallas, Austin, San Antonio etc and back nightly. As of now I’m doing yard runs. I’d like to venture out and get my own truck while leasing onto one of the many companies available out here. Also I have financing ready for a truck. Monthly payment will be roughly 1300 when my monthly expenses are relatively low as a single dude. How do you feel about the Texas market? Is it a good time?

[@TruckingMadeSuccessful]

I love Texas, but the market is dead right now as of 8.15.22 for reefers and dry vans at least. But neighboring states are still ok.

[@Miggytunes]

@@TruckingMadeSuccessful I really appreciate the input. Thank you. Over the last few days I’ve decided to put more money back instead of going all in as an owner op. With that being said these ports out here are still crazy.

[@Truckergregg]

Thanks- good stuff. I run only California and fuel here for trucks and cars Right now is out of hand.

[@smokingjoe9864]

Big oil should be Nationalized. They can not be trusted.

[@sjeffreyw]

I like your other personality so cool

[@evguenimertodjan9783]

Good channel. Do you know about Canadian market? Most outbound loads to USA? Thank you!

[@bradtaylor6139]

Now is a bad time to start but not a bad time to buy new trucks. I concurre.

[@levankenchadze6268]

❤️love you❤️

[@wolfmantrucker1541]

Dude you crack me up with the other you tho for real😂😂😂

[@dave.lawrence.3894]

Great video, freight rates will get better, it will take time, we are coming out of a shutdown of the country, it will take everyone to get it rolling again... i.e. YEARS... to make this happen....

[@c0ntender1]

I see the pretty trucker then I'm like there is much more there yeah spiritually thanks for shedding light ✨ 💫🙏

[@RigAndRaise]

Mud flap is better than RTS fuel card and it take about 2 seconds to setup an account.

[@victorcorrea8178]

Hello, You provide great content by the way. I use to be a company driver many many years ago and want to get back into the industry as a driver. With what is going on now and the videos you are pushing regarding the decreasing market, do you think its best to be a company driver for a mega carrier or maybe wait for the market to pick up and then get my own authority and start my own business? Meaning, as of today, would you be a company driver, lease on to a carrier, or own authority? Thanks in advance. Love the content and guidance.

[@dankruger2890]

take it one day at a time.

[@Akaturki]

Hey should I get a 16ft box truck light or just get a cargo van. Feeling like the box but what do you think

[@MikeWilliams-ev6tc]

Nice from 9:05 to 11:47

[@marquezinj22]

Omg I’m sitting here following your operational cost and I’m trying to figure out how you got the 0.71 total profit per mile . Can you please tell me how you got that number pleaseeeeee thank you so much your freakin awesome

[@LeoAlexanderLLC]

If you have new authority. kindly contact us. We We a full team of dispatchers. Who will provide you best load.

[@sheilarene7996]

How to get in contact with you?

[@fricky00]

How should one negotiate buying a truck when they are too many trucks on all the lots?

[@Whatever0704]

What about depreciation on the truck? Do you not factor that in? e.g. A brand new truck will depreciate a lot for the first miles. Thinking about buying a brand new Ram 5500 for around 100K, will pay it cash. But I would need to factor on the depreciation on it per mile.

[@wanderingfido]

7:20 What would be wrong with the following experiment? To temper the volatility of disparate fuel prices across the country? 1) Fill up to $900 if below $6/gal 2) Fill up to only $800 if above $6/gal

[@TruckingMadeSuccessful]

Interesting idea

[@wanderingfido]

Sure. But perhaps those quantities are not the optimal targets. Perhaps the Linear Programming math formulas can yield better values for minimal cost. Just saying that if it is to be done right, the Math Nerd Hat has to come on. 🤷‍♂️🤓🥸

[@fugitive1205]

Miranda I would like to ask you the worst scenario for 2023? what do you think might be in 2023 the worst case? Let say tomorrow morning you have enough cash and all experience as you have so far,,,, do you think are you going to jump in trucking with 1 truck and trailer? or would you rather wait to see new year or so? If your answer is wait and see then how long you think something will appear to solid sign that it is good to start,,, Please forgive my ignorance I am just asking to get some brainstorming and new ideas from you and other fellows who are your videos subscriber ,,, Thnx and have a good weekend everyone

[@assadbarakzai5921]

What about loads to canada? Do they pay morr or from canada to us croos border is it the same rates or.lower?

[@phanachen740]

to add to my comment, are you just speaking on 26ft trucks and power only or all?.. I was looking to get my foot in the door with a 16ft straight truck or sprinter/transit van

[@colemeeker908]

So if my best buddy is a broker and he can guarantee me $2.20/ mile loaded or empty power only, and do about 2000 miles per week i should go for it? Seems like it might be a good time to buy a (lightly?) used truck and jump in if i don’t have to fight for freight.

[@ICYPROFITS]

One thing i would highly recommend new authorities do is book a CR England load so you can get in their system. They will put you on their discount program for maintenance and tires at Loves. Even if you break even on the load it's worth it to be in the program for life. Some other megas might do the same im nor sure. Also most brokers putting loads on the load board is last resort for them. They really want to work with you like you said in the beginning of the video. And they will pay more to know you will do a good job. Great video..and if a broker is late tell them you will file against their bond 🤣 that will get them paying

[@TruckingMadeSuccessful]

Yes! The bond thing is my go to threat and works each and every time!

[@ICYPROFITS]

@@TruckingMadeSuccessful yea especially if they are going out of business definitely want to be one of the first to file before the bond is exhausted

[@nagaexpress9998]

@@ICYPROFITS This would be a great video tutorial...how to execute on a broker's bond. I know that no one wants to make enemies of brokers, but the enemies of honest brokers are the bad brokers. Knowing how to put a claim on a bond would be good 411 to have.

[@darksecretsandtipsoftrucki1230]

@@TruckingMadeSuccessful Will you talk about the secret web page that blk balls drivers?

[@TruckingMadeSuccessful]

@@darksecretsandtipsoftrucki1230 Do you mean Carrier 411 Freight Guard?

[@coreyceasar5795]

When a dispatcher gives you 1050 for a load from north carolina to Dallas, TX how can you negotiate in a cargo van as a owner operator ?

[@Vone-pz3id]

Started April 2022 averaging 5500 after fuel

[@jacekpaliwoda9538]

only short distance up to 300 milles

[@primeartifacts6467]

a company driver with a good pay rate makes almost the same or slightly less than the owner operator. The amount of work and responsibilities which come with Owner Operatorship are just not worth the extra 10k-15k/year you make as OO.

[@brianfortner9010]

👍👍👍👍👍

[@matthewmoore3947]

I've been an owner operator for year's and this is one of the worst year's, I'm making money but not much.... Thing's will get better (they have to)

[@TruckingMadeSuccessful]

They really have to- this is not sustainable at all. Wishing you luck and prosperity! Keep fighting, you've got this!

[@elperrocovero]

How much you making

[@aldanereid3848]

I want to take ur class but what do I need to start ur class

[@valeriejohnson4204]

Well I want to be a dispatcher that's why I'm watching your videos so me being a new dispatcher and getting a new owner operator and I was thinking about Uber Freight myself until we get 6 months experience. Will Uber Freight pay the dispatcher or Carrier??

[@TruckingMadeSuccessful]

It depends on who's bank information you put into the payment tab

[@beniyamhailu8262]

Where are you doing your dispatching training? How much is cost to do these training?

[@TruckingMadeSuccessful]

I will be posting the link to my channel in about a weeks time

[@redmesa2975]

Just discovered this channel. What part of the country are you in ? I’m in western Colorado on I-70.

[@TruckingMadeSuccessful]

I’m in Cali 😓😓😓

[@redmesa2975]

@@TruckingMadeSuccessful I would have not guessed that, considering how crazy the trucking climate is there. During Covid, I ran out there pretty much every week for Western Distributing of Denver. Coors beer and JBS beef out, and the dreaded Taylor Farms produce from Gonzales/ Salinas back. Western has several business’s under its umbrella. They bought Frontier Produce of Denver years back. So they have big contracts with Walmart in Cheyenne, and North Platte NE. King Soopers in Denver too. I went back to fuel hauling a year ago. Sinclair Wyoming every night and back.

[@TruckingMadeSuccessful]

Cali is singlehandedly the WORST state to have a trucking company in...thats for sure!

[@itsmitchnewton7670]

@@redmesa2975 have you thought about fuel hauling as an O/O? I'm in Colorado Springs and just got my cdl with all of the endorsements just to become an O/O. Ofc I'll drive for a larger company for a while until I learn the ins and outs of trucking.

[@redmesa2975]

@@itsmitchnewton7670 I haven’t. There aren’t many fuel companies that use owner operators. Lubenstein in Denver, and Rod Asmus in Colorado Springs. The later is jet fuel only. I ran for Dixon Brothers before Covid. I was told there were a couple up north in Montana or somewhere. I never saw them

[@LeoAlexanderLLC]

Wooww

[@xtremetransportationllc6117]

Question 1 is the cost per mile weekly daily or monthly for those numbers you punch in. Secondly why do you like rts they have been nothing but horrible for me

[@TruckingMadeSuccessful]

I do monthly but it can be used for weekly or daily. I’m surprised about your experience with RTS, they have always been incredible in my experience

[@Cat-uf8wi]

If your factoring service doesn't factor with a broker not listed/ rated well, does that mean you can't take that load??

[@kbarnikow]

you can take the load but the factoring company you use will not factor the bills you would have to bill it yourself or if they offer some kind of quick pay for a percentage you could use that. But just be careful and investigate their credit the factoring company usually has a reason why they don't except their credit rating.

[@Roger_Rabbit_Adventures]

Also be aware net pay is normally 30-45 days from the time they receive the BOL/POD so could be 45-60 days waiting to get paid unless they offer a quick pay.

[@jacekpaliwoda9538]

This is USA i cant focus all the time price oil.

[@johnathantwinz810]

I am so confused 😕 I'm new to this whole thing

[@skeeskeexd2502]

Carmatebebi 👍👍

[@ericrobinson2627]

Do you pay your drivers dead head. If so what is a good cost to do so

[@TruckingMadeSuccessful]

I pay for all work related miles using odometer readings :)

[@sipzter]

Was watching this and thought it very imformative so I wrote this to another youtuber trucking with velox18: Been watching a lady on youtube trucking made successful. I'm including the specific video link for the video I thought you might find interesting. : kzbin.info/www/bejne/aWGqYmhndtefias ...I certainly don't know exactly how you trip plan etc. What I saw that I thought was cool was she showed some kind of fuel cost map. You can input your start and end points and by reviewing the fuel costs at various stations, you can trip plan where to fuel up before you even leave your start point. She also used a DAT map and other things that I thought were very nuts and bolts. You may do this stuff already. Can't hurt to check it out though. Stay safe.

[@akhan1045]

Can someone please explain , why payroll is not a fixed expense???

[@TruckingMadeSuccessful]

Because usually, payroll is done on a Cents per Mile basis. The miles will change week to week, and so it is a variable expense

[@tomtennesson7241]

dont get into business if this puzzles you

[@j.m.5995]

Why not deal direct with Customers too many middle men in the trucking industry

[@realworldmotivation365]

will the market go back to being good anytime soon?

[@TruckingMadeSuccessful]

Experts say that the beginning of 2023 might be the start of a better cycle, but that the market will continue to decline in 2022

[@realworldmotivation365]

@@TruckingMadeSuccessful Kinda blows but just bought a truck and trailer for flatbed. Hopefully picks up soon

[@TruckingMadeSuccessful]

@@realworldmotivation365 Keep fighting, you've got this!

[@muddy_redneck4483]

if a dispatcher told me "go here and only fill half a tank, so you can get somewhere else down the road and fill up," I would not drive for them very long.

[@Roger_Rabbit_Adventures]

That's the difference between a company driver & a Owner Operator. The Owner Operator is watching their expenses. The company driver don't care.

[@muddy_redneck4483]

@@Roger_Rabbit_Adventures true.

[@volodymyrprosov6134]

12:30 I fall in love with that girl 🥹😁

[@michaelf.2449]

Forget getting into the trucking market. When's a good time to get into your dm's?

[@wthshorts9287]

She’s a high value woman

[@aj4ever38]

You can dispatch me anytime you want 😍😍😍😍😍😍😍

[@b-radshotshotservicellc6606]

I had it figured you'd be getting blown up in email. It's cool. Get at me when you can

[@soleboy4064]

2:26 What is the purpose of that baby voice popping in each 2min interval ??

[@TruckingMadeSuccessful]

Lol. Is my inner demon bothersome? If so, we are in the same boat. I share everything in this channel, including the little voice that annoys the crap out of me. 😂

[@robertcussen8039]

I find that it's entertaining and makes you stand out.

[@mr.p6054]

Did your phone divorce you again?

[@TruckingMadeSuccessful]

Oh no, this time I just dont have that phone number anymore haha. Only email at this point :)

[@mr.p6054]

@@TruckingMadeSuccessful, ok. What is the email address I can reach you at?

[@TruckingMadeSuccessful]

@@mr.p6054 [e-mail]

[@mr.p6054]

Tried emailing you, don't know if you got it.

[@ronnyarvelo7999]

Some truckers can't hear the truth

[@brendanwilliams8661]

If you would like more content from a full DOT compliance company let me know look me up Brendan Williams ITI owner.

[@dangda-ww7de]

Do you know what you are talking about girl? A trucking channel for a girl? really?

[@TruckingMadeSuccessful]

I don’t you, you tell me if I know what I am talking about.

[@demondriver5151]

Stop using fuel cards. Mudflap is killing the game in that dept

[@stop-1backup296]

Good morning, thank you for your KZbin channel. I know you’ve been busy and I’m wishing that when you have the time, check your email which I have question and trying to ask for help with DOT & MS# Thank you

[@TruckingMadeSuccessful]

I will get back to all emails this week, promise!

[@aa-kx6wy]

Hi miss ! 😍do you have an Instagram page , share with please

[@TruckingMadeSuccessful]

Yes :) Its @truckingmadesuccessful

[@jocker105]

How can I contact you please let me now ?? By phone or email thanks you are the 👌🏼

[@TruckingMadeSuccessful]

[e-mail]