The journey begins - purchased a truck.

Discussion in 'Ask An Owner Operator' started by blairandgretchen, Dec 10, 2014.

  1. rollin coal

    rollin coal Road Train Member

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    Most definitely put back money for the slow periods. Understandably you are probably in a cash crunch right now and need to work so do what you gotta do. Some people park when rates are down and some people roll on lower rates. It's about the averages. There's no right or wrong way you're the captain of the ship just take care either way and watch everything like a hawk.
     
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  3. nikmirbre

    nikmirbre Road Train Member

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    So you can no longer rent one for $170 and get %73??
     
  4. skateboardman

    skateboardman Road Train Member

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    dang, I think you should have went to mercer,lol that 8 per cent will be a bit more than 170 a week.
     
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  5. Big Don

    Big Don "Old Fart"

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    Sounds like it to me! It's all preparation for what is in the future!
    As I said, it is preparation. You are working for your future right now. You really can't put a price tag on that, as long as you are able to keep your head above water!
    Wouldn't hurt anything. But do you really WANT to be off just because of the weather? Sure, it is uncomfortable, and sometimes downright dangerous, but the freight does keep wanting to be relocated.
    Man you do everything that you can. You plan, you prepare, but then some things you just have to leave to God. Just keep in mind that God can use all the help he can get, in making your business a success.
    You have to take a little time to unwind. And we are ALL hoping that your brain doesn't grow so much that your head becomes B I G!:biggrin_2559:
     
  6. blairandgretchen

    blairandgretchen Road Train Member

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    I had to have her explain it to me like I was a 4 year old - but , yes - You can USE the trailer, but you only get 65%. B Y O trailer - get 73%. At least right now . . . Brenda - (or Glenda) Trailer Utilisation.
     
  7. Starboyjim

    Starboyjim Road Train Member

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    I watch your posts, and hope for the best for you. I am researching O/O details, income, expenses, loads, accounting and taxes, and get good inforrmation from you and your responses. J
     
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  8. blairandgretchen

    blairandgretchen Road Train Member

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    South west Missouri
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    Well, our company truck was ready to go, but the freight was not. So - another day at the house. I noticed something VERY important.

    When I woke up, I was all ready for company work. There is a sense of dread that goes with it. As soon as I made the call and they said they had no freight - it was like a weight had lifted, and my brain buzzed with all the things I could do instead. I'm positive now that this is a good move - she hates it, and I dread it. So . . .

    Down with 2 cups of coffee. Load up the house with firewood. Put on 4 layers and snowsuit. Chop ice in the pond so the cows can drink. Off to the machine shop down the road.

    The machine shop. 2 guys, in partnership, one does machining for several local accounts, employs 3 guys. The other does EVERYTHING. All less than 2 miles from the house.

    Thursday we cleared the back of the cab from upright muffler, and extinguisher mount. Friday we mounted the headache rack, repositioned air lines and pig tail, fitted muffler and done. Had to run to Joplin for 2 muffler brackets, and down to the auto parts shop for 2 45 degree streets (learned what a 'street' was), a fellow lime spreader picked up an additional U Bolt for the headache rack, and delivered . . . And it all came together. When I say 'we' - I helped the machine shop do the work - partly to ensure it was done to my satisfaction, partly to make it a little cheaper, act as gofer for tools and parts, and partly because I actually like to crawl around under dirty stuff.

    Total shop - $288. Parts $210 + $40 + $15 + $12. So for $570 ish, We've converted a muffler to a weedburner (replaced muffler with simple flow through), and mounted the headache rack, and shifted the 5th wheel back one more position. It now sits the kingpin dead center between the drive axles. Should be OK, right?!

    Trailer financing

    Local dealer has a 53' spread combo, out the door for $30k - Delivery late Feb. Hitachi and ENGS came back with HORRENDOUS rates - 14-22%. Dealer is asking why. I think they may have run the EIN, not my SSN, new llc, therefore high rates. Back to local bank for 8% unsecured finance, and we'll have to make up the other $5k. Somehow. More on Monday.

    Back to work for the weekend.
     
  9. blairandgretchen

    blairandgretchen Road Train Member

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    Yes - that one threw a wrench into my spinning gears. Not willing to let that percentage go for very long . . . if at all.
    Recruiter clueless to the change. Not that I expected anything else.
     
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  10. Knucklehead

    Knucklehead Road Train Member

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    I know what you mean about the "dread," when it comes to waiting for a load. I would get antsy, not really get into anything heavily, tossed and turned a lot when I slept. But when I was running on my own, and looking for loads, it was like, "Ahh... time to go to work." Yes, I got a little bit lazier, but oh the peace of mind.
     
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  11. blairandgretchen

    blairandgretchen Road Train Member

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    Dec 9, 2011
    South west Missouri
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    Have a look at Double Yellow's thread of transition from Company driver to O/O - I've just got finished with the whole 24 pages, lots of good resources there too. He's gone full blown with his own authority, I'm doing the 'in between' , for now at least.

    Good luck and thanks!
     
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