Some numbers for new O/O
Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.
Page 76 of 152
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Coffey, Bean Jr., spyder7723 and 1 other person Thank this.
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Shardrk, Midwest Trucker and RStewart Thank this.
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Lots of great points being made.
From my perspective I'd choose used over new. And I wouldn't choose any used truck either. This aspect alone could and should take some time.
Now my background is a bit different than the masses only because of freight types. In car hauling you do start on boards but it's so easy to build repeat business if you understand the niche.
However, I'd agree the 5 day thing can make any niche harder than could be if stayed out longer. Maybe even a different schedule type. For myself during just before spring for one example. I would stay out for the entire mo.
Did this a few times throughout each year. For winter season itself I wouldn't stay out for longer than 12-14 days with 3-4 days off between, sometimes 5 days off. This goes along the lines of knowing your lanes, rates, the time of season, etc.
My last truck was taken from me before I could pay it off because I was buying it from a small transport company where the company owner ended up convicted of embezzlement and a handful of other things. The contract I had in place was deemed as a sham contract. The 65k I paid in didn't matter since it wasn't his truck to sell to me. Took him to court, won but jail birds are broke.
Only saying all this to help anyone looking into buying. Do ALL your research, being buddies with the lawyer that is also buddies with the seller doesn't work out. Trust me, I have exp in this.
Another topic to include many don't think about is if they ever may want to go on vacation with family, and how that itself comes as a triple cost. -
Last week was my first week attempting long haul on the load boards. here is how I made out.
Odessa TX to Houston TX $900 at $1.8 per mile
Houston TX to Douglas WY $3300 at $2.6 per mile
200 miles empty
Kimball NE to Pecos TX $1400 at $1.75 per mile
With labor day and no one working it hurts, but overall I am happy with what I got. I don't have tarps yet, so I could have probably made more. I don't have my next load yet. I think it may involve a lot of empty miles.Coffey, Trucker186 and dwells40 Thank this. -
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I am new but I can tell you $2 a mile into Florida is probably a bad deal.blue1005 Thanks this. -
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If you need them to tell you what it pays, you’re gonna hate when you find out how much it costs.Tropsnart Thanks this. -
It is hard to say if seeing a base rate would make it easier to get better rates from what they are now but it sure would make us feel better sometimes.
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