Driving is ok, but money is the great motivator and it's in brokering. I have a situation that requires some insight and I am coming to the community to ask the proper way to execute it. I have a O/O that I once drove for that has a fleet but he only knows to run the spot market. I can get him loads but I need to remain relevant. I don't want to find him freight and I am left with my d%$k in my hand. Should I get a broker authority and feed him loads that way, or does anyone else have a better idea?
Get back in the truck! We don't need anymore vultures... Kidding aside, ya, you can go get your brokerage authority, grant a 75k bond and compete, you have a leg up if you can get daily freight without competition. Keep in mind though, truckers and carriers alike are getting wise with how brokers like to get down,most of us know what certain freight pays......so no tricks Good luck
I mean, the better question is this: Are you going to just be feeding said same o/o, or are you going to be pushing to get into other freight as well?
Of course he'll get into other freight....the buck won't stop there.... Thats alright.....IRS is watching a lot of brokers gross earnings, same with the trucker on the farm quietly making 330k per year with a paid off home,sneakily hiding money..
I mean, I'd assume he would, because the start up costs and the continued outbound cashflow don't justify only running freight for a single O/O, but if there's one thing I've learned thus far in my time on these forums it's that one can never assume that the OP has a solid business plan ahead of time. For every OP who he seems to have a solid fix on things, there's thirty, forty, or fifty business plans that look like, "Got some money, bought a truck, what do?" So, that's why I ask these things.
Yes the driver will find freight. Don't worry. They have eyes and can see good freight now and then. That's how I got into medicines almost exclusively back in my time. If I was to be a O/O it will be dealing with Medicines. As a Country thats aging for the next 40 years it will be a good freighting for a very long time.
Normally freight has a certain amount of losses in time, economic missed reloads and so on. Spinning money chasing detention time and so forth. Nothing but problems. Lumpers? 300.00 please etc. All of that is swept away in medicines. That is the moral of my tiny story. Deliver, dock, reload and race back to shipper. The money takes care of itself. No more potato chips or broken food products etc.
