How to find good companies to lease on as O/O

MCMILLEN TRANSPORTATION - Home
mcmillentransportation.com

 

www.OOIDA.com

 

Carolina Logistic INC – North Carolina Trucking Company ...
https://carolinalogistic.com

 

You need to forget every company you have mentioned. They are so cheap your will loose your rear.

I'm waiting for a collapse with roadrunner. They already have had a big sell off and are cheap.

 

I'll be honest I'm an independent with a clean record my own paid for tractor and brand new trailer insurance is $1,350 a month trailer is 600 and I can say quite often it barely seems like it's worth it no one cares about your truck no one cares about your time no one cares about how much do it cost all they wanted done is as cheap as possible and if something's wrong it's your fault if you make good money have a set schedule I would advise right now to stay there most companies you least to well Run you cheap forward air will pay you a $ 1. 20 with fuel surcharge same with most other megas if you're lucky and you do the math maybe you'll only be spending 30 to 40 cents per mile on fuel instead of 50-60c per mile depending on price and discount and out of that $1. 20 cpm maybe you'll be making 80c a mile and being dispatched so good luck and remember some of the Run cheaper than you it happens every day to me

 

A leased truck gets the DOT/MC# from the company it leases under, mercer landstar etc. If you have your own #s you have no need to lease on. Im not picking on you here but that is very basic, and it indicates you arent ready yet. There is tremendous risk and responsibilty that comes with having your name on the title, but not necessarily nore reward. An owner op can have seriously negative paychecks that company drivers cannot.

I recommend you see if you can go to a tiny company that will let you run the truck on the spot market as if it was your own, self dispatched. Theyre out there, usually a driver who gets a new rig and wants someone to run his old one. Youll get to taste the bigger picture before putting your chips on the table.

 

Alot of great lengthy threads on this forum that thoroughly oufline the process. Time to do your homework. Good luck, you will need it in this business.

 

I would learn more about the industry before you get into the O/O side of things. You're barely a driver and driving is the easiest part of being an O/O.

Do you know how much money it will take to run the truck? Do you know what causes the rates to swing up and down? Etc...

You've got a lot to learn. I'm not putting you down but you don't know who has to have the MC number. That tells me you don't know much about the industry.

To answer your question, once you have the knowledge needed to begin as an O/O, I would try Schneider if they will approve the truck you're wanting to buy. They're a good place to get started at but not until you have some knowledge of trucking and not just how to drive a truck.

 

I know you're eager to get out there and do it on your own and get your own shiny new truck, but that shiny new truck comes with a whole lot of work and responsibility. First thing you should do is read all you can find. There's this website/forum and other trucking specific sites and the internet at at large that's packed full of information. Yes, It might take you a while, but read and soak in all the information you can. The guys and gals on these forums have been there and done that, in good times and bad so take their advise and head their warnings, they know more than you do.

Second, drive the country and learn where the freight is and where it goes. If that means moving to a bigger company, do it. But you're not going to be a successful O/O without knowing the lines and how, why and why freight moves around the country. Different freight runs at different times, learn that. Learn the slow times, and the fast times and everything in between.

You also have to learn how to run a business. There's more to being an owner operator and driving and moving freight. You need to know how to start a business, the kind of business you should start and what it's requirements are. You need a plan, a business plan, a tax plan, a savings and maintenance plan, a retirement and healthcare plan. My point is, there's a lot of work, education and questions you need to answer before you just plop some cash down for a truck and call yourself and owner operator.

If you plan on being successful start reading...