You need to have a business mindset. Whoever you’ll be hauling for is your customer. If they ask you to haul a load, the answer is always yes. Unless there is a safety problem involved.
You’ll be married to the truck. If the business winds up being a Monday to Friday affair, Saturday is never a day off. It’s for maintenance and repairs. Sunday might be a day off, but you’ll probably have to head out on the road before supper time.
Is it a good time to be an owner operator?
Discussion in 'Ask An Owner Operator' started by CommercialDriver, Apr 3, 2023.
Page 3 of 5
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
A thought, for a person starting out, dont buy in the spring or summer. Buy in the fall. If your ac sucks or is nonexistent at least you can get by till it warms up and establish some cashflow before messing with that bs.
Rideandrepair and Siinman Thank this. -
jamespmack, Opendeckin, Rideandrepair and 1 other person Thank this.
-
Datdudeba, Rideandrepair and Diesel Dave Thank this.
-
Rideandrepair and D.Tibbitt Thank this.
-
Do
Rideandrepair Thanks this. -
Constant Learner, Rideandrepair and Siinman Thank this.
-
You may consider dry van bottled water loads to south Florida. Deadhead to Maine for some plywood to Denver. Then reload in Denver to get back to the water loads. Run a triangle.
Rideandrepair Thanks this. -
The Supply & Demand factors is something to seriously look at before becoming an Owner Operator. Back a few years ago, things were booming with a greater demand for Freight being shipped, so Larger Carriers, Owner Operators etc. were jumping on board, obtaining great rates per mile, equating to more money. Things began showing signs of changes on the poles around mid-2022 and now in 2023, the Trucking market is over-saturated with trucks and less freight its become a dogfight. Rates per mile went from avg, $3.50 cpm to $1.80 (in most cases), some obtaining $2 per mile on average. Leasing onto a Carrier (with caution because most will give you a great song & dance on how they can get you still $3.60 average per mile, but in most cases, those are their top guys who have weather multiple storms with them, so they're not going to give you their best-paid loads right away). Unless you know the Shipper's personality and can obtain a 2-year minimum contract with them to haul their freight directly, I'd suggest waiting to see how things fair out by 2024. Fuel is beginning to slowly creep up and with everything going on in the economy things don't look the best currently.
Rideandrepair Thanks this. -
Rideandrepair and Diesel Dave Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 3 of 5