Load board/self dispatch %pay

Discussion in 'Ask An Owner Operator' started by Johnnylove, Feb 27, 2018.

  1. Gonzo1300

    Gonzo1300 Light Load Member

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    I'm talking about after running with a company for a little over a year then activating my authority and of course with insurance on myself to get a little more put back in the bank before I am on my own. Basically it will come down to me once truck is ready to go trailer everything else is ready I will only have roughly 7000 to 9000 in the bank and that's really really close in my book on what you should have setting back for what I call oh s*** money lol. After you get enough put back working under someone else's Authority then I can start my own authority
     
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  3. xsetra

    xsetra Road Train Member

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    Double that amount. You can have multiple oh **** problems within days.
    I didn't have 20g saved but I do have a line of credit for that amount.
    I've been lucky, never needed more than 10g in a month for unscheduled repairs

    Good luck.
     
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  4. Gonzo1300

    Gonzo1300 Light Load Member

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    Sep 30, 2013
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    Agreed thank God for credit eh.
     
  5. xsetra

    xsetra Road Train Member

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    True. I would have lost all my assets during the last recession. If I didn't have good credit with my local bank.
    Losses not related to the trucking business.
    Finally on top after struggling for 10 years.
     
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