Multi Service Fuel Card is the one I used the past 3 months. Given to me by my carrier. They have a web site. I don't know if they're any good, you'll have to check that out. They do have an online directory of all fuel stations that accept their card. All the majors take it but not all the small mom and pops.
Taking the leap...
Discussion in 'Ask An Owner Operator' started by Dr Demented, Dec 13, 2009.
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Dr Demented Thanks this.
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I've been happy. Going on my second month.. hee hee. so far, so good.
Dr Demented Thanks this. -
Dr Demented, newly crusin and Big John Thank this.
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As far as being an O/O, I don't think I could ever go back to being a company driver...and I havent found any companies worth working for! Besides, They don't want drivers like me, they want trained monkeys that can hold that steering wheel, do what you are told, and dont question anything......Dr Demented Thanks this. -
I would like to hear from some owner operators that are not completely negative. I understand that with any business process there is going to be ups and downs and it will not always be the best of times, but there has to be some guys/gals out here that are doing good as an owner operator and are loving it. I would like to hear those stories... Tell me about your good times, good memories, and the great money you have made. Please keep all negative comments out of this thread if possible.
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I'm not negative. I like running my own show. A huge responsibility comes with that luxury, but it's worth it to me. Right now I'm gelled up and probably won't get the truck and reefer started until Sunday. Yeah, that cuts into the pocket, but if your business plan is worth a hoot, you've planned for things like this.
I guess THE BEST advice I could offer to anyone considering becoming an O/O is to keep your overhead as low as possible. My truck isn't at all fancy but it was affordable and I had it checked out thoroughly before buying it. My plan was and remains to run this truck until end of summer when I'll be able to upgrade to something nicer. I saved and have no truck or trailer payment. I don't have my back against the wall like many starting out with high payments. I don't have to run near as hard. This is no "dis" against those that have payments or whatever.... I was just lucky and blessed to have some $$ in the bank. I've got some great memories in the short time I've been an O/O. I won't share my $$ numbers as that's between me, the wife and my accountant. I'm not a good example of your average O/O.
Those that have big truck payments and are doing a good job have my complete admiration. It's tough out there, no sugarcoating that fact.nevuloso and Dr Demented Thank this. -
Sry all... I actually meant my last post to be a new thread all together, i posted wrong... Sry...
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I appreciate all your replies...hoping to have an answer from the bankerman next week.
Here's my startup numbers for anyone who's interested:
Truck: $33,000 (2007 Freightliner Columbia w/454,000 miles)
2 Trailers: $15,000
DOT Authority, Plates & Stickers: $2,572
Insurance: $7700
Heavy Highway Use Tax: $550
Third Party Safety Management: $210
Three months fuel buffer: $20,000
Maintenance WTF fund: $20,000
edit:it might end up only being $25k, because another truck has been found with the same mileage but is a 2005 Kenworth T2000)Last edited: Jan 7, 2010
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I must have missed something.... Why two trailers?
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