Over The Road VS Dump Truck Start Up Advice

www.OOIDA.com is a business website for the owner-operator and small fleet owner. I'd study that for awhile before making a decision.

 

Why does everyone think I'll buy a truck and be rich or business man. How many customers do you have? Do you even know what IFTA is or have a CDL. How much are IRP plates going to cost and insurance cost How about worker comp and social security, unemployment taxes and there health insurance. You won't find a good driver cause good drivers already have good jobs and will be your down fall. I can tell you so many stories of failed trucking companies and drivers caused most of it. There was a local dump truck company had 30 plus trucks and he had five to seven trucks sitting looking for drivers plus 3 to 4 trucks in for repair. He paid union wages 28 hour plus overtime full benefits and couldn't get drivers. He gave up sold it all. Who going to drive that truck when it sitting looking for a driver or he sick or on vacation. Buy rental income duplex then you have something they make payment and in 20 years sell for a profit that where the money is.

 

Dump truck in FL blows.....

There might be a lot of work going on year round. But rates are low and you have to complete with 3rd world types with their broken down freight trucks.

Add in getting your work from a broker. I’ll assume you don’t have a direct customer lined up and paying someone else to drive it . This is a receipt for going broke........

 

Welcome aboard centralfl, you came to the right place. Quite frankly, these days, you'd be better off selling art supplies to starving artists than run a truck. Years ago, one could do something like that, and probably make it. Many did, I did ok, but I drove my own truck. Today, it just isn't so, and one mistake from even the most qualified driver, will send you and wifey to the poor house for the rest of your life. There's a reason these mega fleets are big and O/O's are fewer and fewer, you just can't compete with the megas. They can afford to wreck a truck everyday, and still continue. And I don't even want to start on what a cut throat business dump truck is. Did that for many years too. Really, I'd look elsewhere for something to do. Listen to terry, housing in Colorado ( where population grows by 90-100,000 people every year) would be a win-win if you asked me.

 

The best way to start a trucking company is to spend two million dollars. As goes the old saying.

I'll probably end up running trailer trucks with reefer or flatbed out of Florida. There is Chain and Cable that goes west to Texas and Pipe coming back. That would be one route. Another would be reefer work supporting McKesson.

Dumptruck work eh, you will be paying people unemployment in winter if you cannot get work moving in the cold. Or be up to here in contested claims and so forth. Ive done dump for a small owner and it worked out well. But... it's NOT all that and some days you really have a problem when a job begins to smell and stink on your barrel.

If money is not that important to you, don't get involved in trucking. This isnt... tonka toys in the sandbox at recess. Money is everything and by extension people's lives depend on it.

 

Yeah, everyone missed the boat on housing in Colorado. When I bought my house I had to make week offer before the viewing was over. And there was three people to look at it after me