Breaking into the dump industry

Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by Keefer, Jun 3, 2014.

  1. Loaderlou

    Loaderlou Medium Load Member

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    Feb 24, 2014
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    Wow!, I never did any trucking in Colorado and don't have any idea about their economy, but I'm sorry to say that buying two 20k trucks and hiring drivers is a recipe for failure unless you have an inside track to some easy work. I've been in this business all my career and no my share of trucking ( not all of it mind you ), but if you've never been in it before and don't know anyone you've got quite a pair. I can only wish the very best of luck, I hope you succeed, and stay on top of your maintenance and your drivers performance as well as getting paid in a timely fashion. Again, best of luck.
     
    Keefer, chalupa and Caterpillar Cowboy Thank this.
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  3. Keefer

    Keefer Bobtail Member

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    May 11, 2014
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    First of all I'd like to thank you Cat Cowboy for taking the time to reply. I appreciate you're advice and your honesty. What I meant by profit is a secondary concern was simply to say I am financially sound and if the company doesn't turn a profit immediately I won't be in a position where I would be forced to close up shop. I have owned my current business for 14 years and it supports myself and my family quite well. In the past I have also started 5 other businesses all in different industries. None of which failed. Some were more successful than others but I've learned from each experience. Some people think I'm a glutton for punishment but I actually really do enjoy the challenge. Starting a business with used trucks is a gamble. I realize this. I might fall flat on my face but I am pretty resilient I'm sure I'll be able to get back up wipe off the dust and keep moving forward. I'm reaching out to nice folks like yourself in an effort to learn as much as I can. Hopefully if I can learn a little bit here maybe it will help me to run threw one less wall. We have a solid line on some steady work. Hiring "good" drivers on the other hand is not going to be easy I know. We are starting off with 2 trucks but will hopefully be able to add to the fleet sooner than later. Time will tell. Thanks again.
     
  4. Keefer

    Keefer Bobtail Member

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    May 11, 2014
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    Thank you for your well wishes. And yes, I like to think I do have quite the pair. LOL
     
  5. abyliks

    abyliks Road Train Member

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    May 2, 2010
    ludlow MA
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    Your not going to get any "good" dump trucking gigs unless you know someone, your either going to have to be a cut throat or if you have the money let the trucks sit, also chances are you will be waiting Atleast 90 days to be paid, 40k budget for 2 trucks if you find tractors + body's and convert, but unless your doing the work will cost.


    if your other 5 business are doing that good however, it will be one of the greatest tax write offs you can buy
     
  6. blessed2b

    blessed2b Bobtail Member

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    Jun 1, 2014
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    I "broke into the dump industry" last may with an 86 freightliner i bought for $8000...made about $10k a month and poured about $3k into every month in repairs alone...but it got me a start & scrimped & saved for down payment on a newer truck (07 pete)...wanted a mach CH but couldn't find one in my price range...since i am not in the shop every other week my profit margin has doubled...my advice-get the newest truck possible but pre-emissions...make sure it has been taken care-look at records & also condition......be pro-active with repairs & maintenance cuz down time is a killer...keep a close eye on your trucks & drivers...pray A LOT!!! Wish you the best
     
    jjsiegal Thanks this.
  7. 201

    201 Road Train Member

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    Apr 16, 2014
    high plains colorado
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    Way to go, blessed, that's how it's done! Too many people start out big, lending institutions love to hand out the money, but people quickly find out, that big payment is a killer, and then they can't get out, and dig a big hole. I started with a "cheapie" Western Star, paid it off and and got my Pete too. Funny, nobody wants an "emission" truck. Just like cars, I would never buy a new car. Who thinks up this junk?
     
  8. jerrya

    jerrya Bobtail Member

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    Jun 21, 2014
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    Does anyone know where a work forum is I'm trying o post dump work in Louisiana for 65 trucks for a year.
     
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