Ontario Dump Trucking business

-What are your customers willing to pay?
-Where are your customers loads going to/from?
-Depends on the agreement you come to with your customers
-Do(es) your customer(s) need more than one truck from you to service them?

If your answer is "we don't have customers yet"
Then you've answered most of the rest of your questions already.

What you need for equipment is based on what tools your customer needs to be successful.
How much they pay will be determined by what you offer and what you both agree to. Same as terms.

 

Take a look around at who is running dump trucks around the gta. It has been taken over by the new Canadians. Everyone wants to do it because it is mostly very local work, it is similar to container work at us ports... it would be very hard to carve out a living in that market.

 

X2 on everthing gokiddo says plus this time of year would be the absolute worst time to buy a new dump truck. 75 an hour is as high as I've heard recently. I've never seen so many b/n kw triaxles as i've seen this summer. They gotta be pushing 200 g now in the spring id imagine you'll see a few at the big auction houses around here.

 

average hourly rate for driver and truck
- average rate per load
- typical payment terms
Hate to be direct here but if you have not figured out these simple things you are no were near ready to purchase a truck let alone two

 

New here as well an was curious on the things you mentioned above. Anyone know if the big construction companies have a directory where they call up individual contractors as needed in Ontario? As Special K said it would be tough going to get into it right now before winter. Also heard the price of new triaxle tippers going north of 200k. That seems really risky to me (unless you have the capital). My advice would be to check out the Ritchie Bros site. They just had an action in Toronto (Bolton*) about a month or two ago and had a few triaxles up for action, the kind that you would be interested in. I think they had a couple Paystars Macks an such. They post the results so it could give you an idea of what you could expect to pay. As for specs in order to remain as competitive and open as possible you should probably spec 20 20 46 axles a 20 ft box 3.91 ratio and 475hp min. Get a transmission with a splitter to pull the hills ie 13 or 18. Back to box choices. Choice of aluminum or steel? Aluminum is great if you know your only going to be hauling non abrasive stuff like gravel. Steel is the best all around cause it could take just about anything hence remaining competitive. Just a few things to keep in mind. Maybe call some of the major construction companies offering your services like Michael Bros. I see them excavating a lot here in Toronto when there are new condos going up. Or paving companies like Furfari Gazzola... Good luck with whatever you do. It's a tough business these days. Maybe things will get better.

 

Sooo any updates here? How did things pan out, did you end up pursuing the dump route?