new to this

Discussion in 'Ask An Owner Operator' started by davestl, Mar 27, 2008.

  1. davestl

    davestl Bobtail Member

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    Mar 27, 2008
    saint louis missouri
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    I have run my own construction company for the last 22 years and I have not seen it this bad. I would like to get into trucking but I can not find out what revenue v/s expences can be generated in the 3 catagories that I know about, Company driver v/s lease purchase v/s owner operator?
     
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  3. broncrider

    broncrider Road Train Member

    currently the margins are too small to go o/o

    never lease...it will not work out for you

    company driver is probaly the best route for now...learn the ropes and hope things get better for the o/o's, or just forgot that route
     
  4. Brickman

    Brickman Trucker Forum STAFF Staff Member

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    Sep 17, 2006
    WY
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    Good advice Bronc.
     
  5. BD1

    BD1 Bobtail Member

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    Mar 21, 2008
    Somwhere
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    Looks like the sky is falling crowd is trying to dissuade another one..... :biggrin_25513:

    To the OP... If you have sound business skills, capital reserves, good credit, and contacts in your industry so that you can niche haul, now is a great time to get in as the weak are falling by the wayside....
     
  6. Eskimo6804

    Eskimo6804 Heavy Load Member

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    Jun 13, 2007
    Northeast Alabama
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    Very well said. I couldn't agree more.
     
  7. pathfinder

    pathfinder Medium Load Member

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    Aug 25, 2007
    central,MN
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    Davstl, it's just like in construction. There are always those who find a way to survive in hard times. Usually they find a nich, or they have a very solid business. I would suggest that if you are considering trucking as a new profession, start as a company driver. Learn EVERYTHING you can. In fact, run as if you were the business owner. Keep track of all expences. Figure what the load would pay your own truck, deduct ALL expenses(someone here could help with all you'd need to remember). This will also let you find out if you really want all the headaches that go into owning. I recently left construction also, this isn't a job. It really is a lifestyle. Your family may make your decision for you. Better to be a company driver if that should happen. Hope this helps a bit.
     
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