Breaking into the dump industry

The best way to make a million dollars in the trucking industry is to start with 2 million. If you have no industry experience do yourself a favor, buy a pizza shop or lotto tickets, maybe even a strip club.


Adam

 

No offense,but you need to hire some experienced dispatchers and drivers some good ones that can sort of train you as you go,make you money and keep you out of hot water. At least till you start learning whats going on. Pay them well and learn as you go.They will be familiar with DOT regs,permits etc.Also secure a good lawyer. Hope this helps. JMO

 

If I read you right you own nothing and expect to bring up 2 legal units with demo buckets for under 20 k a piece? You'll want demo buckets cause aluminum won't make it long......

Uhm...not likely. May want to rethink your budget...... or start with one......

Good luck.....

 

So much to say about this but before I say anything I need to get something straight.

In post #1 it says you are an experienced businessman, yet in post #5 you say that making a profit is not your primary concern?

Do you have a 'sister' company that needs some trucking done for a good price and some way you can account it to benefit your taxes? That is the only way that this would make any sense to me.

 

That came out a lot more bluntly than I intended, my apologies.

Let me put it this way. The 2 trucks in my 'company' are one is mine, and the one my dad drives. We are both partners in the company. Putting myself in the hypothetical situation of one, or both of us stepping out of the trucks and having to hire drivers for both of them, knowing my numbers, profits may still be made, but let's just say it's scary to think about.

Also getting an older truck like those, It looks like you're looking at those mid 90's Mack's. You'll run into mechanical issues no matter what. May be as simple as a bad hose, electrical problem (not always simple), fan clutch, air dryer, air compressor, turbo, have to re-bush those camelbacks, dump hoist, pto, let alone god forbid you pop a motor, trans or rear end.

I was told when I started out by a guy who'se been in and out of trucking for quite a while "If your breakdown costs under $1,000 you're doing good" and after being at this a while now that's pretty darned accurate.

 

Breaking into the dump industry? Easy, eat the burritos from the Flying J deli..........

 

Hi Keefer, Still doing flood cleanup? I heard that was quite a mess. I thought of going to Col. to do some of that, and to see your beautiful state. For what you're looking to do, you can't go wrong with a Mack. Toughest truck in the business. Might be a little more initially, and parts a little more, but well worth it. All trucks are pretty good, but there's a reason Mack is at the top of the heap. I drove several Macks, and you can't kill them, good luck.