Newbie interested in trucking business

Could be wrong but I'm thinking he's referring to an investor that would have slightly more than zero knowledge about the industry. You'd do well to take the advice given so far. There are also a lot of bad apples that would be more than happy to take you for a ride. Lot's of crooks and cutthroat s in trucking for whatever reason. Bigjohn is not one of those kinds from what I gather here. He would be an exception, not the rule. Don't throw your money away on a trucking venture if your heart and soul are not invested in it. There is no such thing as an overnight success in trucking this business is very unforgiving

 

I'll try you again.

 

With the info I have read, Want to be a Truck owner? Get a five gallon steel bucket. Go to the bank and withdraw 100,000.00 and put about 1500.00 in the bucket. Get a lawn chair and a table. Put BBQ lighter on the 1500.00 When that's almost gone add more 100's! Your a truck owner! Stay with your day job. You can't make money here.
Buy foreclosed homes.

 

I am curious about your background. What type of business experience do you have? I have owned trucks for years. I have also seen a lot of drivers run through the door. Some have been good, others have not. Those of us who have owned trucks and had drivers could tell you some real horror stories. This is NOT a business that I would recommend someone enter as an owner without first experiencing driving for themselves. There are simply too many ways in which you can lose your shirt.

Living and running out of Dallas is another negative. Rates coming out of Texas are low compared to some other areas of the country. You can get lucky sometimes, but they have been low for some time.

You may be able to buy a truck, lease it to a carrier and find a driver, but you will still be responsible for all the maintenance, fuel and driver pay. If the carrier does everything there is no need to give part of the profit to someone else. They can just buy their own trucks, find their own drivers and keep any profits. When the truck blows a tire or breaks down in the middle of the night, you are the one who will get the call. The driver will look to you to find someone who can repair the truck and get him going again. He will blow tires and will break down. It seems that all too often it will happen in the middle of the night or over the weekend. The driver is not the only one who is on duty 24/7.

You can still make money in this business, but it takes finesse and hard work.

 

Yes this is a great thread

 

This was my dream too, i want my own truck too, but i always be a company driver due too the money side of it, however if i could make it work, they still would not take me or my truck, why becuse i'm a big fan of cab overs and i like the vintage cabovers, but with a twist, it would be a modern day frame assembly with a vintage cab over, i really like that kw arodyne model , that was a sharp model of a truck for the day and still looks good to this day if paint'ed light tan with chrome wheels and white pin stripping, sharp looking truck, for me the chrome air horn's on top of cab, all the bell's and whistle's like that, i miss that, it's not there on a company truck

 

There are still quite a few cabovers in some parts of the country. You will see a number of them on the left coast. The better paying carriers don't care about the age of the truck as long as it still looks good and can pass a dot inspection. I would stay away from any carrier that has an age limit on the trucks that they lease on. Most who have age limits offer low mileage rates.