Wasn’t just Texas. South Dakota required intrastate authority into the 90’s. Kansas still requires it but it’s rarely enforced. The worst part about deregulation was the birth of the mega carriers.
Should I buy a truck!
Discussion in 'Ask An Owner Operator' started by S.V.Buyck, Nov 9, 2019.
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New Rule
You can't have more than a thousand trucks per carrier..Rideandrepair Thanks this. -
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Every month 400 people find a job with the help of TruckersReport.
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The worst thing is they can self insure no matter how many ppl they kill . They put cameras, gps devices and sensors all around a truck all while limiting speeds and than have the nerve to try and get 18 yr olds driving them . They lobby (bribe)big Government to force small carriers and o/o s to play by their rules because they know we drive circles around the kids they put behind the wheel. Screw Megas
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Last edited: Nov 11, 2019
Rideandrepair, Tx Countryboy, starmac and 1 other person Thank this. -
Rideandrepair and Long FLD Thank this.
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I became an O/O for one simple reason. Maintenance! "Fleet Maintained" means slap a bandaid on the problem, get the truck (or trailer) through until trade in, and screw the driver in preventable DOT fines or downtime.
Now I run my own game, and my own maintenance. Am I stacking cash? No. But I AM making a small profit now, which will increase over time, and I trust my equipment to pass a DOT inspection AND reliably work every single day I'm out running around.
As an added benefit, I can stick by my business philosophy of truly saying "NO!" to cheap freight. I am in business, which means I am NOT running a blasted charity here. Of I can't find the rate I'm looking for, I bounce out until I CAN find the money. So far, it's working for me but your experience may vary.
My truck gets paid first, then my taxes, then my house. If I'm good, I might even make enough to pay myself a bit. But trust me when I say that paying myself is the absolute last priority I have right now. I just started this venture last month, and still have growing pains to get through. My current high point of pride is that right now, my business is breaking even with a very small profit. And that profit margin is ever so slowly starting to grow.
People discuss the needed qualities to be successful in business. A solid plan, a solid base of capital to start, dedication....hardly anyone ever talks about PATIENCE. A solid business takes time to develop. You need time to build successful relationships, time to get over the initial road blocks, time to deal with the unexpected issues that WILL pop up.
If you do not have patience (and an ability to adapt to changing market and business conditions), you are placing yet another point of failure into your new business venture. Something to consider before you jump in.Rideandrepair, Trucker186, Klleetrucking and 1 other person Thank this. -
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Anybody can self insure, commercial or not. Thee thing about it is you also have to self pay, so even them megas do not like their drivers messing up, and can only afford so many screw ups.
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