motor carrier income possibility

35000 can disappear fast in normal operations.

Example 400 gallons of fuel a week 3.00 a gallon $1200.00 fuel bill. A month = $4800.00

Driver payroll for 3000 miles = $1500.00 gross week 6000.00 a month. Total so far 11,000 dollars.

Employee benefits god only knows how much. Everything else. Building bill, Light bill, Computers, people. PHONE bill, internet bill, losses, cargo damage, shorts and over, truck and trailer repairs and so on, insurance policies (I think thousands per year if not tens of thousands of dollars) Tolls. TAXES.. this is the big one. It's due regardless of your money situation.

35K? It's tiny. A small fortune. For a individual that's not too shabby. But it's still tiny. That money will go poof so fast... Not to mention your own vices and food etc each week. If you have a family and mortgage etc all of that will be a parasite munching on your finances. You will need a lawyer and to incorporate the business to protect your personal stuff.

IF you got married and family etc. There will be medical bills for babies and wife stands to own half of all you own, including that trucking company. If you are gone, she will dispose of it for the money instantly. Poof all gone. Women and trucking don't always go together. (Note I said always)

DO NOT BASE your wanna be a business because everyone around you is wearing 10 gallon hats but no cattle in view. I think they are in debt to their eyeballs and keeping up appearances in a country hitting a recession or depression wall this year. Cass Index, Truck production data and other information shows a absolute crash in production of trucks, a cut in truck orders and a cut in freight being moved. Cut cut cut. Why? The customers have cut spending at home across the USA. Now we have warehouses full of stuff that wont sell for a while. All of that is taxable losses.

If you are a company driver and managed to SAVE 35K keep being a happy company driver. You have no worries and everything about that truck is taken care of for you. Your only task is to be somewhere with the load when and time you are told to be there safely. Eventually that 35K will become 60K then 100K then then then.

10 years from now regardless what we are as a country, you will be able to buy a home anywhere in the USA free and clear. If you REALLY saved, you might even buy a truck or two retail new free and clear. Then you can play trucking company and see how that goes for you.

But not now.

 

He's retired, on disability, is usually heavily medicated, and hasn't driven anything since 2009.