This is my dilemma: I love trucking but would like to be home more when I want to. So the solution: become an owner operator, right? Well, I know the reality of the situation. In order to pay your bills and make a good profit you have to be willing to run the piss out of that truck, which means not being at home much.
My Question: Can two drivers go in on buying a truck together, each driver staying out 7 days at a time and flip-flop every 7 days? This would keep the truck moving at all times, but keep me home 14 days per month. Bills would be split down the middle basically, and each driver would leave the truck full of fuel before the swap. Insurance dilemma: would it be more like splitting one policy in half or more like each of us still having a personal monthly policy--that is the deal breaker!! Anyone ever heard of this kind of scenario?
**Roehl transport has a 7 on/ 7 off program that i've investigated**
I still want my own authority though.
Scenario? Two drivers rotating 7-day shifts on one truck.
Discussion in 'Ask An Owner Operator' started by Red Ryder, Dec 9, 2008.
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For one, it would have to be someone that you could really, really trust, and it would have to be set up as a partnership with everything spelled out in minute detail.
The other problem, until you have actually spent some time driving and really learned the ropes you don't want to go o/o anyway. Being an o/o is not for a beginning driver. -
What Lilbit said! Get some time/miles under your belt before jumping into O/O.
Knight also has some positions that do this. I think theirs are 4 on and 4 off. Not that I'm recommending Knight. . . -
One other thing to consider is that it's unlikely you guys would be able to time the swap of the truck at home on a regular basis. You never know where a load will take you or where you might get stuck waiting for that load...
Lilbit Thanks this. -
I know of 3 drivers doing something like that. O/O pulling a Reefer coast to coast. Two of them team from Indiana to Cali and back, the third runs solo from Indiana to NYC and back. Its a pretty cool little operation. The trick for them is the O/O has some long time connections so there's nearly zero downtime looking for a load of dry freight going back to Cali.
Lilbit Thanks this. -
One of the reasons that some of the big companies have this option is because of their dedicated runs. It would be very hard to deal with in just general trucking.
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And what happens when your partner gets a 3000 mile week doing a cross country run and you end up with a 1000 mile week because you got stuck at a shipper? Or as alot of people are suffering from now, frieght is just slow? Your half of the truck payment is still due...
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I dont think to much for the partnership in owning one truck. My dad tried this thing with one of his good friends yrs ago, one or the other was always complaining, one or the other wasnt doing there part, if you do this do it with someone you dont like, cause when it is all said an done you probaly wont care much for whoever when your done.
Ken Thanks this. -
You would probably end up making less than a company driver working two weeks a month. Also, say its your week to work and you sit for 3-4 days that week. You would probably be better off working at the movie theatre. At least you won't have a truck payment. O/O is not as cut and dry as it may seem. A lot of crap happens a lot of the time. Also there is no way I would incorporate a partner into the situation. You are setting yourself up for a disaster. Luckily you were smart enough to research into it first. Oh yeah, one more thing, this is the absolute worst time to try to break into being an owner operator. You would probably be at less risk being a realtor or a stock broker right now.
oldcornbinder Thanks this. -
I appreciate the come-backs so far! A lot of useful experience and knowledge. Truth is I am far from ready to be an owner/operator--flip side of that is, i've never lived life like that and don't intend to start now. But, at the same token i'm not stupid and i know that now is not prime time for freight volume. Biggest concern and best point: you are right Kenmar --it would be difficult to coordinate the swap time. What if you are sitting in beautiful New Jersey and something gets screwed up with the freight? Where does that leave your partner?
Good points about the partner relations too! I'm glad i came here first before getting overly hyped about this plan. You know how it is when you're driving all day and you come up with the ultimate plan?! I'm sure i don't have to tell you all! This could be a plan for later in life though...
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