
Booking your own loads can be a game-changer for trucking companies looking to grow their business. By taking control of freight operations, you can increase revenue and reduce costs.
According to the article, top book your own loads trucking companies like Landstar, J.B. Hunt, and Schneider can generate up to 20% more revenue per year by doing so.
To get started, it's essential to have a solid understanding of the freight market and the ability to negotiate rates. This requires a strong network of carriers and a keen eye for opportunity.
With the right tools and expertise, trucking companies can successfully book their own loads and take their business to the next level.
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Freight Contract Options
Booking a freight contract can be a stable and predictable way to make a living as a trucking company. A contract rate is a fixed price agreed upon by a broker or shipper and a carrier for a certain period of time.
You can find government contracting opportunities on three main websites. Booking contracts as a carrier offers more stability and predictability than booking on the spot market.
Government contracts can be particularly fruitful, especially for veterans or minority groups, but they can be difficult to get. It's always best to speak with an agent and verify that you have the ideal policy for the types of loads you would like to transport.
Contract rates are set for the duration of the contract and can't be renegotiated, but spot rates can be negotiated to make more on each load you haul. The spot market is short-term pricing defined by the laws of supply and demand.
More trucks available and less freight to move means lower rates, while fewer trucks available and more freight to move means higher rates.
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Finding and Booking Loads
Finding and booking loads is a crucial part of being a successful trucking company. Load boards are online marketplaces that match shippers, brokers, and carriers on a job-by-job basis.
You can find hundreds of digital load boards, with thousands of jobs available. Some popular load boards include DAT, Trucker Path, and Truckstop.
To get started, you'll want to check the broker's credit rating on load boards that offer this feature. This can help you avoid working with brokers who don't pay their bills on time.
Diversifying where you look for loads can increase your chances of getting a good rate. You might try a dozen load boards before finding the 2-3 that truly serve you.
Load boards like DAT and Trucker Path allow you to input your vehicle details, preferred lanes, and specifications to find matching loads. You can even save searches and set alerts for new loads.
Here are some of the top load boards to consider:
- DAT
- Trucker Path
- Truckstop
- DirectFreight
- 123Loadboard
By using load boards effectively, you can find consistent work opportunities and make booking loads for trucks simple.
Strategies for Success
Building relationships is key to success in booking loads. This means working with brokers and shippers you already know and trust.
The DAT load board is a great resource for booking loads, with over 235 million loads posted every year. You can book freight or loads to suit your vehicle size and location from anywhere in the country.
The DAT Priority Booking system makes it easier for carriers, brokers, and shippers to book loads fast. This is done by automatically offering loads to private carrier networks.
Having access to the full DAT load board in the palm of your hand is a game-changer. The DAT One mobile app combines 15 essential trucking apps in one, making it easy to find and book loads anywhere, anytime.
Using the DAT load board and mobile app can help reduce deadhead and make your business more successful.
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Working with Shippers and Brokers
You can pick up the phone and start offering your services directly to shippers, introducing yourself and inquiring whether they're interested in entering a contract with you as an exclusive truck driver.
Be prepared to hear "no" from some shippers, but keep going, as making personal contact can help you explain your rates and negotiate contract terms.
Contracting with shippers directly should be paired with other strategies, as they may contract with a surplus of drivers, leaving you without direct work until a future need arises.
You can book loads for trucks on the DAT load board, which posts over 235 million loads every year, making it a great resource for finding and booking freight quickly.
The DAT Priority Booking system makes it easier for carriers, brokers, and shippers to book loads fast, by automatically offering loads to their private carrier network.
As a DAT subscriber, you'll have access to the full DAT load board in the palm of your hand through the DAT One mobile app, which combines 15 essential trucking apps in one.
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Making Booking Simple
Making booking simple is crucial for truckers to maximize their time and profits. With thousands of new posts each business day, DAT's industry-leading load board is a game-changer.
You can input your vehicle details, preferred lanes, and any other specifications you like and see all the great options that match your interests. This makes finding the right loads a breeze.
Simply input your vehicle details and preferred lanes, and the load board will show you all the matching loads. This saves you time and effort in searching for the right loads.
You can even save searches and set alerts for new matching loads to make booking loads for trucks easier in the future. This feature is a huge time-saver and helps you stay on top of new opportunities.
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Pros and Contracts
Choosing your own loads and running your own trucking company comes with many benefits. You get to choose what loads you take on, where you drive, how long you stay, and how much money you make.
Having flexibility in your schedule is a major advantage, allowing you to work on your own schedule and choose when you want to work and when you want to relax. However, keep in mind that you're operating a company, and you won't generate enough money to meet your expenditures and cut yourself a nice salary if you spend too much time off the road.
As an owner-operator, you keep all your profits, which means whatever money left over after costs is yours to keep. This can be a significant advantage, but calculating how much more you may earn is more complicated than simply deducting what your present company earns from each load.
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Freight Contract vs Spot Rates
A contract rate is a fixed price agreed upon by a broker or shipper and a carrier for a certain period of time, like $2.25 per mile for a load of candy bars from Detroit to Louisville.
Contract rates offer stability and predictability, but you're usually not able to renegotiate them.
The spot market, on the other hand, is short-term pricing defined by the laws of supply and demand, with rates changing rapidly from day to day.
More trucks available and less freight to move means lower spot rates, while fewer trucks available and more freight to move means higher rates.
Booking contracts as a carrier can be more stable, but booking on the spot market can be risky and volatile.
Government contracts, which can be difficult to get, often offer more opportunities for owner-operators, especially veterans and minority groups.
Pros:
As an owner operator, you have the freedom to choose your own loads and runs, providing you with a great deal of flexibility in terms of where you drive, how long you stay, and how much money you make.

You can work on your own schedule, choosing when you want to work and when you want to relax, which can be a dream come true for many drivers.
Keep all of your profits, as having your own authority means that whatever money left over after costs is yours to keep, instead of filling someone else's bank account.
Calculating how much more you may earn as an owner-operator is more complicated than simply deducting what your present company earns from each load, as your operational costs will be substantially greater.
You can choose your own lanes, weight, rates, and avoid forced dispatches by driving as an independent contractor with a great trucking carrier like Matrix, Inc.
Sources
- https://www.bobtail.com/blog/find-loads-new-trucking-company/
- https://www.coverwallet.com/business-tips/get-freight-contracts-loads-owner-operators
- https://advancedtrucking.net/booking-your-own-freight-as-an-owner-operator/
- https://www.dat.com/solutions/book-truck-loads
- https://www.matrixtrucks.com/blog/2022/01/24/owner-operator-without-authority/
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