Anyone run strictly North east?

Discussion in 'Ask An Owner Operator' started by RogerThat72, Jul 2, 2014.

  1. RogerThat72

    RogerThat72 Road Train Member

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    I've been weighing all my options and looking into being a true O/O I have about a year experience and wouldn't jump into this for another year or two.

    1- What is a good base amount of money to have saved up after all expenses.
    2- would you reccomend a truck with a sleeper if just doing north east?
    3- what's a good amount to finance on your first truck?
    3- is it possible to run strictly massachusetts and make money?
    4- after all expense and insurance and every thing else how much are you looking at spending to get everything you need to be a true owner op?
    5- how much is it to get your own authority in Massachusetts?
    6- would you rent a trailer instead of buying one right off the start?

    As you can see I'm deffiantly new as I'm sure my questions show that. I'm starting to read the sticky thread above but it's 190 pages long and I figured I would start by asking some questions off the top of my head.
     
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  3. bad-luck

    bad-luck Road Train Member

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    Im going to try and answer your questions in order the best I can.

    1. This is difficult to answer. You never know what will happen. If you are leased to someone it makes it easier.

    2. A sleeper. You want a truck you can do anything with

    3. What you can afford. Look for one with low miles or a rebuilt engine

    4. Another difficult question to answer there are to many variables

    5. Getting you own authority is about $900. The states you want authority to run in would be added on your cab card (registration)

    6. Renting a van trailer is between $300 to $400 a month and .03 to .05 a mile. I would not rent a trailer until you know what you are doing. Lease on to someone first and pull their trailer.

    Good luck
     
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  4. RogerThat72

    RogerThat72 Road Train Member

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    Would you reccomend me getting more experience. Then leasing into a company like land star? See I really don't want to lease as I see there is no good to come out of a lease. So many decisions and it's all so much to think about.

    appreciate the responses.
     
  5. Ruthless

    Ruthless Road Train Member

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    You should get more experience. Leasing to a carrier isn't always bad. No one but you can answer all the can it be done questions-the life you want to live determines a lot about how you'll need to work and what you'll need to earn.

    As for money: make a worst case scenario theory, take that number and double it. Then add 25%. That's what you're likely to need for capital.
     
  6. kw550cat

    kw550cat Medium Load Member

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    I ran strictly northeast pulling a flat and mainly steel. I would go from south Plainfield to Boston with a multi drop. I will post more when I get home to a proper computer and not a smart phone.
     
  7. fortycalglock

    fortycalglock Road Train Member

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    I bought my first truck running the Northeast only. I also got my authority two years later staying in the Northeast primarily.
    I would have a couple months home reserves a few months truck reserves, a break down fund and operating funds.
    Personally I'd recommend leasing to a quality percentage based carrier so you can learn the business end vs the steering wheel end. There is a lot you don't know, so why learn the hard way. You mentioned Landstar, I think that's a great idea, but I'm biased. I sold off all my trucks and trailers but one and signed on with them in 2009, which was a terrible time in trucking. The northeast is full of lucrative freight, but the odds of a rookie o/o finding it are slim unless you know someone. Besides, how do you know what to charge? The Northeast with traffic and tolls can make a 100 mile run into a $1000 or more load. I would definitely have a sleeper truck. You'll most likely be running as far south as Baltimore and west to PA as that is how that region works. It's a great area to be a regional trucker. I think staying strictly in Mass is laughable. Regional will work best and make the most money, and if you self dispatch with your own authority or Landstar, you control when your home.
    If you go to Landstar, I'd use their trailer for a couple of months. If you're not doing much drop and hook, lease or buy your own. Talay, Bowman, and a couple others up there will lease a trailer to a one truck operator. I primarily did grocery warehouses when I lived up there and made a lot of money. Of course, I wasn't afraid of grabbing a jack and unloading and pocketing the lumper money. Some places were worth doing and some weren't. It wasn't worth it at Walmarts and A&P if I remember right, but you'll have to figure that out yourself through trial and error.
     
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  8. fortycalglock

    fortycalglock Road Train Member

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    Did the shipper start with an M and broker start with a N? If so, we ran a lot for them out of there and GA.
     
  9. RogerThat72

    RogerThat72 Road Train Member

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    Thanks guy's. I've been thinking more and more about this and it just sounds so right. I think you're right about leasing into landstar. I also agree with using their equipment like a trailer. They also have a pretty good program for tires, and what not.

    I woulsnt do this for another year because I want a morgatage first. Then my Class-D truck is off the road but I owe about 15,000 grand on it now. Was thinking of getting that down before actually buying a truck. What would you reccomend for a first truck. My max price is probably going to be in the 60,000 range. I'm more or so leaning towards lower but I know I'll have to put money into it. I was listening to the trucking radio about a week ago and they were talking trucks. I like the old internationals with the square nose. I want pre EGR Pre DEF until it's all mandated. I think the model is 9400i or somthing. Although the Pete's 389 and KW W900L are beautiful I'm leaning towards a more arrow dynamic truck. Looks turn heads but it doesn't put money in your pocket. That comes later down the line if successful.

    i was also wondering about a good base amount to have saved. 10? 15? 20? 25? Thousand in the bank with 1-2 3-5,000 credit cards. I'm also assuming that would be later down the line or what would you reccomend if I was to lease to landstar. How much experience do they want if you try to get on with them. I'm just about at 1 year haha!


    When getting insurance do they look at your license record and CSA both or one or the other?

    excuse me for the grammar or completly out of text words if any. Current on the road, no computer only iphone5.
     
  10. kw550cat

    kw550cat Medium Load Member

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    Nope no broker ran for norbet trucking hen it was still decent and also cypress trucking out of perth amboy. Both were good gigs when they were good in the older years.
     
  11. fortycalglock

    fortycalglock Road Train Member

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    You were leased to Norbet? They were the broker for me. I hated having to tarp those HD loads.
     
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