Want to go owner operator

Discussion in 'Ask An Owner Operator' started by Maverick, Nov 23, 2008.

  1. Maverick

    Maverick Light Load Member

    114
    38
    Nov 16, 2008
    Florida
    0
    Before everyone tells me I'm "NUTS" for wanting to buy my own truck in these economic times, let me say "I'm running out of options".
    I am tired of being someone else's mercy as to whether I can work or not.
    My question is....do most companies have a requirement for recent experience for O/O like they do for company drivers?
    I have driven FOR owner operators before, and owned my own tractor and low-bed, so I kind of know some of the details of owning your own truck.
    But before I buy a truck, I want to be sure I can work it!
    I was laid-off from my job as a superintendent for a construction co and thought "oh well, I'll go back to driving". Talk about being slapped back to reality. I found out very quickly that it is not that easy!
    Back in the day(can't believe I said that) I could work construction for 10 years and get a job driving for 5-6 years and go back to construction. Those times are over! Now if you don't have experience in the last year, no company I have found will hire you.
    After many hours of discussion with my better half, we decided to check into the prospect of owning our own truck.
    Any help would be appreciated!
    Thanks Alot, Maverick:biggrin_2552:
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. badcompany

    badcompany Heavy Load Member

    738
    830
    Sep 26, 2008
    cullman,alabama
    0
    i would check with the strictly o/o companies that will be your best bet.. you may find yourself still doing a refresher course and having to get some recent exp..
     
  4. gearjammer-2000

    gearjammer-2000 <strong>Clutch User</strong>

    670
    205
    Dec 18, 2007
    columbus Ohio
    0
    ok per your wishes I won't say it but I can't help but think it.

    as an O/o for over ten years I will tell you i have never seen such a rough business climate.
     
  5. Cowpie1

    Cowpie1 Road Train Member

    5,569
    4,651
    Nov 25, 2008
    Kellogg, IA
    0
    You're not nuts! There are a lot of good opportunities for an O/O if you are willing to take the time and do a lot of research. If you will run your operation like a real business nerd, you can do pretty good.

    Just don't rush into anything. There are a lot of good used trucks out there and you can make a good deal. There are still good carriers that are financially sound that are willing to take an O/O. And don't be gunshy of those carriers that have company trucks. If the carrier has a large percentage of O/O compared to company trucks, it is not an issue. Check out a carrier real well.... who is their customer base, financials, etc. Don't overlook regional stuff. I run only upper midwest regional and I do as well or better than those that run 48 and Canada. Plus I get home for all holidays, weekends, and family events. No time to goof off when I am away from the house, but the reward is being home regularly.

    Make sure your financial condition is up to snuff. Don't stick your neck out too far in getting a truck and getting a business off the ground. Expect the unexpected. No matter the truck, you will probably have a fair amount of unexpected repairs to make in the first couple of months to get all the kinks worked out and make it a reliable truck.

    Don't let others scare you out of jumping in. Just be cautious. If you got your act together, you will do just fine. You won't get rich, but you will do all right.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.