Should I buy a truck, trailer and go to CDL school for this driving contract?

I do have somehow a smilier idea to do on my own but my business going to be in UAE . i purchased FL CL120 2007 single axle instead of tandom axles , i seen many ppl out side of NorthAmerica doing Business in diffrent way. they do install 24'5 tires and a simple double frame on the chases and hauling as much as possible with No Problem. for the Engine HP, i think its decent since the tourqe would be nearly over 1000 p.

 

Simple answer....

No.

sent from my EVO4gLTE
OCed and MEAN

 

Best thing to do is more research and get some time in with other produce drivers that are O/O. Its really the best way to figure if this would be starting out in left field or right field.
The mention of also letting other local companies know you can back haul or run for them *in case* your regular route changes or drops a couple of days a week is your best back up, otherwise you could get stuck with a company downsize issue.

 

Your weights are a bit off as well. A 48' reefer trailer is going to weight about 15,000#, then add the 30,000# of cargo and the weight of the truck. You drive axle on that will be rated at most likely 20k. With the empty trailer and reefer unit on the nose, you will be close to 14k on that axle alone.

Insurance is another $12k for the year and your taxes to IFTA and plates about $2,500. Then add the fact you have to pay taxes on the money you make, so that $875 is now about the same as what you make now after SE tax and all the other crap. If the turbo goes out, you'll be dead in the water with no money to fix it. A blown tire will run $800 easily.

Trucking isn't a get rich quick biz. You are going fail and there is no way around it.

And then onto the rate for going into NYC, the bridge isn't $13, it's between $75-$100 for a big truck, plus that rate he is paying you is just WAY too cheap even if it was going across town. Now add in NYC and the premium just doubled. Your boss knows it and sees a sucker in you and is taking advantage of the fact you know nothing about this industry.

So after you figure all your costs and expenses, you'll be lucky to break even. You will have $0 in your check left for you. And that's the disaster u don't need.

Keep your machine job and work your 24 hours a week. That's gravy

Dont do it

 

Is this each way?

 

google has an estimate for cars. google isn't truck specific.

if the roads were flat i can see the trip being around 6 hours. but i know there some hills in PA. and @ 275 horses. he's going to literally be walking up them hills. i drove a t600 with a d60 400 and that thing was a dog climbing hills. i can't imagine hauling anything with only 275 horses.

here's an example.

one trip. 909 miles. plymouth utah to tucson arizona.
t600 with 400 horses takes 18 hours to make the trip.
w900 with 450 horses takes 14 hours to make the same trip.

don't jknow about the rest of you all. but i wouldn't think of using a truck with 275 horses. beef it up all you want. i don't think you'll get anywhere near 400.

i took my truck into cummins for a beef up. they plugged in there laptop and said nothing they can do. it's running at peak horses. i'd have to swap parts for more power. so i wouldn't plan on cummins doing anything for the op.

 

Rate is too cheap.

Maybe the o/o on the contract is doing a poor job so that the contract can expire and he wont be resigning.

Truck is too old. Rubber bushings and other internal compnents are due to fail simply cause of age.

 

Better yet, tell bossman to buy a truck and put you in as a driver. Bet he wont

 

This...

Boss knows it's a crappy rate and the old O/O had to do other work to make a living.

sent from my EVO4gLTE
OCed and MEAN

 

Here's what I'm seeing.. you will be keeping your current job and adding this route. If this is correct, this sounds pretty good. If not, it sounds a little more risky, but not impossible. Have a good mechanic check out the truck and get an oil sample analysis. At 148k miles, thats not a bad price... if the tires are good and oil checks out.
how well do you know the owner of your company? i bought my daycab and sold it to my company for 1 dollar with a contract to buy it back at any time for the same price. What this did, was allow me to act like an owner operator, but i am treated like a private hauler. i cannot accept back hauls, but state farm carries my insurance like a car. i pay $120/ month to insure the truck and trailer. if you can land this deal, you will pay off your truck and trailer in about 6 months if you do not have any major mechanical issues. my little daycab only has 310 horsepower and i have pulled 53 foot trailers with 28,000 lbs in them. i run a single axle truck and put the heavy stuff in the back. I was running through Flagstaff and some spots were pretty tricky, but not unmanagable. Repairs are expensive and scary, but if you get into good truck, they arent too bad. get an oil sample on that truck and let us know how it looks.

i apologize for my poor punctuation. im typing this out on my phone .