becoming a new owner operator

Discussion in 'Ask An Owner Operator' started by shawn2340, Sep 15, 2015.

  1. shawn2340

    shawn2340 Bobtail Member

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    Sep 15, 2015
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    hi my name is shawn i have been driving as a local company driver for 10 years and I'm am currently looking to buy a truck and pull shipping containers, i live in Maryland. i have a friend who has a friend that pulls containers for rosewood and according to my friend the guy makes out very well but every owner operator i personally speak with has told me to run from the idea i have been told to stay as a company driver that the load rates are still the same as they made in the 1980s. i have been saving and I'm looking to buy a truck flat out so i will not have a truck payment just fuel, taxes, insurance, ext. is this a smart move or should i invest my money elsewhere. thank you...
     
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  3. llsnemesis

    llsnemesis Light Load Member

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    Sep 10, 2013
    piney river virginia
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    It all depends on how you go about it. buy a used truck and trailer cheap and get your own authority. Call the local manufactures and see if you can get something dedicated. It will take some convincing to get them to give you a contract, but if you dedicate your truck to them they will probably give you a good rate, but brokers will snatch most of the money per mile. There is some realy good paying frieght out there, but you have to negotiate wisely an not expect it to happen over night.
     
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  4. Starboyjim

    Starboyjim Road Train Member

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    Dec 10, 2011
    Weed, CA
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    There is some good paying freight and good accounts, but experienced O/O's know this, and so you can expect a nice little learning curve while you climb that mountain. I think about getting my authority all the time, planning it and setting up my organization for it (accumulating dollars and information) but so far, it's all about finding good customers to pull for. As for brokers? They have to make a living and take a percentage of the freight rate. Some are fair and keep drivers, some not so much. Best.
     
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