Business Plan/ Mentor Needed

Discussion in 'Freight Broker Forum' started by haider99, Jan 17, 2016.

  1. haider99

    haider99 Medium Load Member

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    Well I got a insurance quote but then after talking around with people who I know who then referred me to people that have been in the business doing what I would like to do. I came to know that my quote is very high and I should be adding more factors to get a quote.

    Things like that.
    For example, I want to start by running local or within Ontario and Quebec. I don't know if brokers are able to provide a dedicated customer and what I should offer drivers so they come work for me.

    Business plan is coming together
     
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  3. gokiddogo

    gokiddogo Road Train Member

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    The dedicated stuff is already being taken care of. Why should someone fire whoever they are using now and hire you to take over their dedicated route? Why are you intent to limiting yourself to ON/QC only?
     
  4. haider99

    haider99 Medium Load Member

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    We are starting with On/QC but will go into U.Saturday next year. We are getting the documents for U.Saturday though.
     
  5. haider99

    haider99 Medium Load Member

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    Do you have a thread on how you got started. The biggest constraint for me is that I cannot drive.
     
  6. gokiddogo

    gokiddogo Road Train Member

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    I got started by driving my own truck under someone else's authority. The deal was not very good so I went for broke. I figured out what I wanted to do and found that work and called and asked if I set myself up will they work with me. All of them said yes. It has been working out well since then.
     
  7. gokiddogo

    gokiddogo Road Train Member

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    I also use the load link to find new work. I now have a book full of sources of work but have it honed in to a few specific customers.
     
  8. haider99

    haider99 Medium Load Member

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    How to build up a list customers? Did you personally visited them or after routine runs using load link?
     
  9. gokiddogo

    gokiddogo Road Train Member

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    Routine stuff through load link. You will get to know who has what shipments and will eventually rely less and less on the load board. I found a few direct customers through load link also. It is expensive, but is a necessary tool for the Canadian market.
     
  10. haider99

    haider99 Medium Load Member

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    A big challenge for me right now is the drivers and Insurance. There are 2 drivers that are willing to run independently with us. However, 1 of them had a preventable accident 2.5 years ago and the insurance company will reject him. I could get insurance on the other who is driving my leased on truck.

    My father still cannot drive.

    So now, how can I bring in another driver from outside without telling him what his work would be because even I don't know. And I can't lock in the work unless I have insurance and registered on loadlink/ mega carriers.

    Any advice?
     
  11. gokiddogo

    gokiddogo Road Train Member

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    I understand what you are up against. It is difficult in the beginning because you are the new kid on the block. You will have a ton of carrier packets to fill out for all the new brokers you will be hauling for. It feels daunting at first. The good news is, once you get into a groove (took me about 18 months) it comes as second nature. Those packets only need filled out once. Once you prove you are a good, reliable carrier, they will start calling you.

    In the mean time, it will be up to you to keep that driver happy with enough work or enough pay because he will be sitting in truck stops waiting for loads. He may get tired of sitting in truck stops too much while you are lining up work and he may quit over that. This is where it really helps, in the beginning at least, if you are the driver and also the load planner/dispatcher. With such a short radius, you are up against the companies that have large accounts both in Toronto and Montreal and have drivers doing drop and hooks as fast as they can turn them. They pay decent too. The problem is, you can't legally go from Toronto to Montreal and back in the same day. You will run over your 13 hours of driving. Most drivers don't want to drive just from Toronto to Montreal or vice-versa and call it a day. It is a tough market to do that, for sure. To add even more insult to injury, lots of stuff is heavy and requires a tri-axle trailer for the weight. If you only have tri-axles, that will cut down on your availability to haul into the US because you can't carry as much weight. All of that is why I say that lane is not an easy lane to service.
     
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