I do the numbers at 15000 insurance based on gross i made booking my own loads . I would make 400 more a week. I enjoy access to tire fuell toll discounts. No factoring cost no repairs to reefer unit. Thats why i lease my truck to small carriers. Ive owned 3 trucks all new . And house harleys new pu all paid for. Not having authority i can afford 4 months off every yr and still bank. Some want there own i just dont see the extra profit justifing the extra headache with it. 1 damage claim on a reefer can set you back thousands very quick
Self Dispatching
Discussion in 'Ask An Owner Operator' started by JonasTtrucker, Oct 17, 2018.
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$15,000 a year comes to $288 a week. How exactly you saved $400 a week by leasing to someone.
Any way. Nothing wrong with leasing to a company if you see value in that, but if you are going to book your own loads what’s the point? -
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No one has mentioned that new authorities have a tougher time getting loads from certain brokers. I cant speak from experience but I have read that here and it makes some sense.
Another major hurdle is the need for 3 months of operating expenses when you start. Unless you are factoring loads the money is not going to show up every Friday. If you factor loads I don't see why you would want to bother with your own authority.
In my opinion these are the two major hurdles for most drivers. I also believe that if we were all independents then this business would be one people would be fighting to get into.kenn2632 Thanks this. -
20 Mule Team Thanks this.
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Well that seems easy enough but now your losing the profit you had hoped to gain. What if the factoring company comes after you because a client didn't pay? I have heard nothing good about these companies and the scenario I just outlined could put you in the poorhouse. Having another business collecting your money and charging you to give you said money sounds like bad business.
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