2 Ears & 2 Eyes Here to Learn From You Guys In the Know...

IMHO the first thing you need to do is get the cdl and drive company. You may get out here and find that it isn't anything like you thought it would be and hate it. Not a #### thing wrong with learning the ropes on someone else's dime for a bit.

Then when you feel you're ready get your truck and give it your best shot. Good luck and keep us posted!

 

Truck prices are double and going to triple their normal value. New truck orders are 2-3 years out. Parts are impossible to find for anything right now. Even the small stuff. Knowledge and common sense in the mechanic shops is at an all time low. Every single place is understaffed and backed up . Fuel is 4 dollars a gallon. Rates are dropping. The government is overstepping their bounds in this industry, as usual....

Come on in the water is fine.

 

Simple. You'll fail. Not you "might" fail.

No successful business owner has said, "I've never done this before. But I have the money to start..." They started in the industry they later became successful.

Sure, plan for the future. But learn the industry from the inside first. Unless you want to end up losing that expensive house.

 

From what I gather here being a O/O is kinda like buying a lottery ticket. Some cash in and do well and some don’t.

 

www.OOIDA.com is a business site for the owner-operator.
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@staceydude
@God prefers Diesels

 

You can do what you want. If you have money burning a hole in your pocket , then by all means. You will not find a reefer trailer to rent right now. Nor will you find one to buy that is resonably priced... There is guys on this forum that in the past couple weeks they have sold their entire operation for 250k+ ... Because companies are hurting for trucks right now. New truck orders are 2 years out so it has jacked up the used market ... Pre emission trucks with 2 million miles are going for 50k... 600k mile trucks with emissions that are due for a rebuild are going for 90k.... You pay that amount of money and you are running off load boards, what are you going to do when the rates drop ? What are you going to do when your truck breaks down and you cant find parts for 3 months ? These are real issues... My truck has been in the shop for 2 months now with no end in sight, waiting on parts. Im renting a truck for 1200 a week. I have to bust my ### every week just to make that payment and cover fuel with fuel at 4 dollars a gallon... I have barely been in this business for a little over 2 years now, i was a company driver for 3 years before that, and it has kicked my ### up down left and right, and I would consider myself to have a fairly good support system with access to good direct and brokered freight..... If i were to have my own authority working off load boards i wouldve went broke by now. Very easily.....

There is guys out here been doing this for 30+ years that are struggling and selling their truck trailer and mc number because the valuations are sky high and they figure it isnt worth the bs anymore, so they have sold out and cashed in on the insane prices of everything....

I think you are looking at this industry with rose colored glasses and you are setting yourself up for failure. The news doesnt know the first thing about the trucking industry they just regurgitate whatever the narrative the ATA or whatever other trucking organization says. But you have to understand where that info is coming from because it doesnt represent the entire industry as a whole....

Being a company driver is much easier and profitable.. Get 1 year of experience and there is companies that will pay you 100k+ per year to do nothing but drive....

The business side of it is alot harder than you think it is. What makes you think you can just buy a truck and trailer with no experience and think you can be more profitable or even have any edge over the guys out here that have been doing this all their life ? You will get your ### kicked everyday of the week. Even harder than i have. And that is just the honest truth. But by all means if its something you really wanna do. Then nobody is going to stop you. I wish you all the luck and success in the world. But i think its a bad idea.

 

Now you're just throwing logic at him.