maniac said:
I am an unaware of this too, and I've been in OTR for 30 years.
Well, it's a fact and the FEMA deal's only impact is it forced the carriers to take on more contractors. FEMA hauls are already bottoming out and, combined with the industry seasonal lull from December to March annually, the carriers currently have more contract drivers on their boards than loads. A dollar a mile has been this industry's standard rate for years, and there's never been a shortage of manufacturer-to-dealership hauls other than during that lull....driver "vacation time."
Even with the FEMA phenomenon, it ain't necessarily a get-rich-quick scenario. Operating expense for a one-ton can run $0.30-$0.40 per mile and taxes take another 26% or so chunk out. You include staging time/fees, spotty backhaul opportunities/deadhead mileage and you basically can just count on driver wages until tax time.
It ain't something I'm going to leap into....I never was interested in the FEMA trailers with all the attendant DOT compliance BS....as I'm happy with the occasional private hauls I manage to get on my own. However, I'll immediately jump on a deal where I can pick up three or four tag hauls per month....a standby/hot load situation. I'm currently negotiating with these two carriers:
Horizon
Hoosier
I have two friends who have been making a good living at this for a number of years, and another who just left class 8 OTR and went down to GA last weekend to pick up his new CTD dually....he's going to give it a shot. Based on what comes to pass over the next few months, I'll take another look. Or, if I happen to be notified I get my terms, I'll immediately sign on.
But....I ain't giving up my steady job yet.