Would make more sense to me to have a forklift on both ends instead of hauling one around. You could haul more mud and ask for a higher rate.
What about a Moffet setup?
Starting My First Trucking Company....
Discussion in 'Ask An Owner Operator' started by Humble, Mar 22, 2012.
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You've got a whole lot more going for you than I did when I started. You'll do well. One thing you should check into (unless you mentioned it and I missed it) is when you get paid. Around here, oil companies typically pay in 90 days which would mean that the mud company gets paid in 90 days and they may therefor have a 90 day payment policy to you as well. This can make it difficult to get started when you have to cover 3 months worth of costs including living expenses before seeing a dime in revenue.
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Semi,
There is an all-terrain forklift at the rig and at the warehouse. When you are hauling mud though, you get to the rig and just wait for them to unload the mud with their own forklift (owned by the drilling company)? It wont happen, they are using that for other things, and as a mud company, it looks cheap and unprofessional to not come fully prepared to unload your mud and place it where it is most desired and get on out of there.
The moffet set up would be great, light and quick and easy to manuever. One drawback, it is not big enough to lift 3200lbs of mud 9ft in the air to put into the mud house without flipping over. The stated lift weight of the Moffet is like 4000lbs I believe, but after a few started turning over I starting looking elsewhere. The major mud haulers down here wont use a Moffet. Most desireable is a JCB 930 or a KD 6 ton all terrain. -
Hey Licensed,
I was quoted at 30 days.
Thanks for sharing! -
And your right, without the forklift, I could haul more mud, but in this case, I wouldnt haul any because they wouldnt use me if I didnt have one. Right now, the largest mud load you are asked to carry is 46,000lbs. So with your forklift hitting the scales at 13,500lbs, Mack going around 18,500lbs, and the trailnor trailer in at 20,000lbs legally you really shoudn't carry more then 38,000lbs of mud. I have seen guys do 46,000.
We cant have a GCW then 80,000lbs correct? unless you have a permit? -
30 days is awsome. That may be the norm down there, I hope so. I think the quickest we've ever been paid was, after 30 days of invoices, we received a check 30 - 40 days later but that is rare. Typically, we start road building 1st of jan and see the first payment in late March if they're fast. It's pretty easy to have $30,000-$40,000 paid out in wages before the first check arrives.
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That's interesting. I don't recall being on a lease that DIDN'T have a front end loader on site with forks. They use them to unload the pipe, move and set mats and move pallets of mud. Seems odd that the mud haulers would have to bring their own. Just goes to show that things are done differently in different places.
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humble make sure you get all of that in WRITING...and if you do go over 80,000 you will need to get permits...If you want to haul more weight get a tractor with a Tag axle and license it for more than legal weight..im not sure of Texas laws on how to do that but out here trucks can get permitted for 120,000 GVW for pulling doubles of rock and sand...
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I am not sure what the norm is, I just know what I have been informed. I would hate to have to wait a few months to get paid, might be dumpster diving for food, not so bad if you live by a Red Lobster I guess.
I probably didnt communicate very clearly, the site does have their own forklift. But to wait for them to come and unload the mud may give you a few hours of standby, which isnt bad, being that the mud company will pay me 85 an hour for standby, but I would rather get in, unload, help with what I can, and get out and do it with a smile.
RoadWarrior,
Thank you. Honestly, I am still pretty anxious about all the paperwork, and I see there is alot. DannytheTrucker and many in this thread have been sharing with me some great information and I can't be more thankful for a good group of guys chiming in to help someone they dont even know.
Tell me where I am wrong;
1. I am setting up my LLC tonight, my neighbor is a lawyer and is willing to do it for free (actually bought him a gift for helping) (still have to pay the secretary of state 360.00). I am still not sure I want to do the LLC or go S-Corp, but will need to make the decision tonight.
2. The bank is running the comps on the 2002 Mack and the trailer and will be running high comps on the trailer to bundle the forklift in with the trailer. My banker, of whom I am so fortunate is a friend, has been a blessing to me and is working on this package diligently. Spoke with him today, said everything looks good just getting some of the smaller details combed out.
3. After purchase of equipment, I will take my Class A cdl (being that I will have a truck to take the test with) of course with a few days of parellel parking haha. The written test will be taken next week with endorsements for HazMat, air brakes, and trailers.
4. I guess here, its time to apply for the US-DOT# ? get my MC#? Somewhere in there also get my BOC- #?
5. Insurance quotes are on the way for 1 million liability and 100,000 cargo.
6. In talk with a mechanic and a tire man today that I can reach if I run into problems.
7. Located parking for $150/month (although I have a huge back yard, with a double fence, I still dont think I am allowed to park my rig there).
8. Purchase log books and etc...
9. Get to hauling mud
Hmmm whats that look like to you all?
(special thanks to Danny for the walk through) -
I was mistaken about TX.. You will need a USDOT #.. They will tell you that when you apply.
Not trying to discourage you, just pointing out things you may not realize.
30 a week is approx 4 a day if you work 7days a week.
75 Miles one way =approx 1.5 hours drive time.. 3 Hours round trip.
all the work you plan to do on site unloading will take an hour.
Loading takes time..
Say 5 hours per trip 4times a day is 20 hours.. This leaves 4 a day for your other job, sleeping, fueling etc.
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