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.
Breaking into the dump industry
Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by Keefer, Jun 3, 2014.
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Keefer, chalupa and Caterpillar Cowboy Thank this.
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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.
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Thank you for your well wishes. And yes, I like to think I do have quite the pair. LOL
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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 -
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. -
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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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