I will start by saying I am 18, which does present some difficulties I know when dealing with commercial vehicles. Anyway, let me set the scene for you so I can get your input:
I have a part time job, starting college in late August, and stay busy with other money making endeavors when I am not at my real job. Logging is an industry that, however weak it may be at times, fascinates me and I want a piece of it. Is there anyway I could make any money hauling logs if I bought a cheap truck?
The thing is, I wouldn't be driving it myself. Ain't no way I have time for that. I would simply want to lease it out or have some sort of agreement for it to haul for a local logging company. Could I insure it, put a driver in it, and all other associated costs and still have anything to show for it at the end of the day?
And, in this situation would insurance be as steep since I personally wouldn't be driving it, but a guy over 21 would be? Or would insurance be my responsibility? Any thoughts?
Owning a Log Truck?
Discussion in 'Ask An Owner Operator' started by Bridger, Jul 24, 2010.
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Dang, got to have at least two posts to post a link. The following link is a truck of the type I would be wanting to get:
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Looks like a nice truck.
What sort of logging do you want to do? In the bush? If so then you will need a truck spec'd heavy. Those roads are not for the faint of heart. It also means some serious wear and tear.
I think that truck would be a money maker doing regional hauling.
It has a wet kit as well. -
That is not a logging truck. The price of the truck is just the start of the money you will dump into it getting set up to haul logs.
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I should have clarified in the post my location is Southeast Alabama. The logging around here couldn't really be called in the "bush". Certainly not like out west or up in Maine. The tracts are only a few hundred acres and the decks usually aren't very far from the road.
http://cgi.ebay.com/ebaymotors/1994...Item&pt=Commercial_Trucks&hash=item3caf246ae8
Sure, a truck like this would probably be better, but it would just be way out of the budget for me. -
Not to be negative but,
1. The truck is old so it will require a lot of your time keeping it in good running condition.
2. It will be harder to find a driver that will want to drive such an old piece of equipment.
3. Logging is hard on equipment.
Having said all that, I don't know your background. Maybe your the type that can make it work. You'll have to get into contact with a few different mills and logging companies in the area and see how the contracts are set up. Once you know that info, then you can start calling insurance companies, Al Dot, etc, etc to find the cost of insurance, plates, etc, etc. If you don't already haul logs, I strongly suggest you find a job working for a company first, then decide if you want to buy a truck. From what I've noticed, the logging market is like other forms of tree work in that it's either feast or famine. Aside from the market, the weather can really make or break a paycheck. Good luck. -
I'm sure there's probably better-faster ways of seperating you from your cash at 18 than by buying a truck to haul pulpwood, though I can't think of any.. A good rule to live by "never hire a driver, especially when you only have one truck"..
Given your location and acute sense of timing, you might also consider buying a shrimpin boat and hiring forrest gump as a better way to maximize your losses..feldsforever, Woodys and ramblingman Thank this. -
Another thing you should consider buying is your own 24hr emergency roadside assistance.. Hire gomer pyle to run that of course, just make sure he covers the same area your log-truck runs and you'll have all kinds of buisness..
Oldironfan Thanks this. -
Dang, here I was thinking I might be able to make a little more money in a way that was at least somewhat "hands off".
I was hoping to possibly find an older guy to drive that maybe wouldn't give my equipment so much hell and might make insurance a little cheaper. From what yall have said it sounds like that might just be more of a pipedream than anything else.okiedokie Thanks this.
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