Letting someone else manage my truck.

Keep family and business separate. If you want to buy a truck and put a driver in it, fine, but lease it onto a carrier if you don't want to be hands on.

 

How do you know business is looking great? Did you see his financials? Arrow had a lot of trucks too and look how that turned out.

There's a lot more to this trucking thing than just buying a truck. If you decide to do this you need a backup plan in case your cousin is wrong.

 

All I can think to tell you is if any of my cousins offered to let me in on their business that I didn't know anything about, I would run fast.

 

Some do, but honestly, that's because you will have their name on the truck and they want to make sure your truck isn't detrimental to their image.... And if your truck looks like crap, you probably don't take care if it, which means it's broke down all the time and not reliable at servicing their customers.

 

Anytime

 

Sounds to me like your going to be the third truck. Don't ever get into business with family. You need to learn the pros and cons of trucking business first anyway. And you need to also know how your gonna cover your ### when that driver you hired quits. And most importantly, use spell check PLEASE!