tips on where/how to start Independent o/o?

Discussion in 'Ask An Owner Operator' started by missingtheroad, Aug 22, 2017.

  1. missingtheroad

    missingtheroad Bobtail Member

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    I don't know. That's a scary thought , I'll be sitting at the ports/rail yard watching all the other trucks. I hope that won't happen or does it? Thanks for all the replys gokiddogo you got me thinking I am going to post a few questions on the Intermodal forum.
    Thanks again
     
    gokiddogo Thanks this.
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  3. missingtheroad

    missingtheroad Bobtail Member

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    Awesome post thanks for the numbering that helps a lot. My number one question is should I be going thru the FMCSA process now (MC# & DOT#) without a truck?
     
  4. gokiddogo

    gokiddogo Road Train Member

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    Don't apply for mc/dot before you have your plan all set and have equipment. Getting those numbers is instant anyway. And contrary to popular belief a slightly lower dot or mc number will not benefit you much in securing work. What does help is an active number with plenty of work history and other customers who you work with. Which brings up another point. If you are limiting your source of work to one source....it kind of defeats the purpose of your own authority.. the idea is to get work from multiple sources and make a business out of it. Why go to all the trouble if you just work for one pimp? Beyond that, should said pimp decide he wants to trade in his boat for a bigger one and you are going to work for less what will you do? Tell him to pound sand? How can you if you don't have multiple pimps? You never want to be under anyone's thumb ...
     
    nax Thanks this.
  5. missingtheroad

    missingtheroad Bobtail Member

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    ya i'll be open to multiple sources/loads whatever works to be honest. Because as you said the idea of running under your own authority is all about doing/going loading wherever for whoever you can or want to. Right? But I think in my first year I'll take what ever I can get. I would just prefer port/rail container loads.
    Ok so your saying purchase truck and have plan first? I was reading some of intermodal posts and know I have a new problem the LA/LB ports are a traffic nightmare and a jumble of stop here, go here, turn here, turn there, check in here, check in there and wait here. Can't wait I am excited.
     
  6. gokiddogo

    gokiddogo Road Train Member

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    Ontario Canada
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    Another idea may be try to figure out how many people are currently doing what you are trying to do. How are they doing. Do you work the container work now?
     
  7. Oscar the KW

    Oscar the KW Going Tarpless

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    I thought he's made it abundantly clear to get the work lined up first, then spend money on equipment, insurance and authority.

    You go spend all this money first, you just set yourself up for almost certainty of failing before you ever earn a dollar.
     
    gokiddogo Thanks this.
  8. JL of Indiana

    JL of Indiana Light Load Member

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    I think that Progressive is trying to get out of commercial truck insurance.

    We were paying $55,000 per year for 6 trucks and 12 trailers. As we came up for renewal they bounced it up to $69,000!

    I found a really great agent who got us the same coverage PLUS haz mat added for $40,000

    Progressive can go... well you get it.

    Also, your mileage radius makes a big difference. Don't get nationwide coverage if you run 90% in a regional area.

    Edit: And I was a customer for 9 years!
     
    nax Thanks this.
  9. nax

    nax Road Train Member

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    This, I found makes a big difference.

    I plan to run within the 500 mile radius anyway.

    Can you PM me your new agent? I just need to do a final comparison before I commit...lol
     
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