Cargo Van Owners with Authority subject to DOT driving limits?

Discussion in 'Expediter and Hot Shot Trucking Forum' started by teamgreen1, Dec 13, 2013.

  1. teamgreen1

    teamgreen1 Light Load Member

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    Actually, my insurance comes out to about 5200 for 100k cargo and 1 million liability. As for the vehicle issue, Im just not going to go over payload. I dont see why it would break down more carrying 2k, than a 3500 carrying 4k pounds. I bought the vehicle because it is good on gas and Im new to this. Worst case, I could use the vehicle for the other business I have. If things are going pretty well, but I see more potential with the larger van, I may decide to upgrade in 6 months.
     
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  3. teamgreen1

    teamgreen1 Light Load Member

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    Ridgeline,

    You make it out as if there is zero market for vans, when I know for a fact this isnt true. How are there companies hiring van drivers if there is no profit in it? They would just put it on a tractor. Of course , any small load can be picked up by a bigger truck, but the practicality of it all. Like drivertobroker said, its not worth it for a tractor trailer to haul for peanuts. Unless its going exactly where he is going and is exactly on the way, is it worth it to pick up 2k pounds for 500 bucks, 500 miles? Not likely in his best interest at 4-5 miles/gallon. A guy like myself can still make a decent profit hauling at that rate. Also, the speed factor. I see loads saying they want to pay 250 bucks to move stuff 1000 miles. Of course, they are hoping a tractor picks it up. But, most of the loads I am seeing on landstar pay north of 1.50 and a lot over $2 mile. They require 1 million liability/100k cargo, as do most brokers. Thats why I am getting that kind of coverage.
     
  4. Ridgeline

    Ridgeline Road Train Member

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    First off you don't want to overload the van, the wear to the driveline is a simple thing to see. Once you get to the point that the rear axle fails while on the road, you will understand why you don't want to exceed the weight.

    Second most of what you find out there in the way of freight can be and is regularly hauled by straights, most of the work I did was single pallet stuff, but there was a need to be dock high or in some cases the managers didn't want to use a cargo van. I didn't argue with the single pallet thing,

    Many times it may not appear worth it but understand that it isn't about the single load for the truck but a bunch of them. I know how to load my truck to make the most out of space, making sometimes $4 or $5 a mile average on a few loads sitting in the box, it wasn't easy sometimes but on the other hand I could not do that with a van because of the lack of floor space.

    Don't think I don't know about vans and all the other stuff, I do and for what its worth, I made really good money doing it.
     
  5. teamgreen1

    teamgreen1 Light Load Member

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    I actually want to venture into a straight next, but I couldnt even get the financing on one at this point. I see there is more room for upside with them, for the savvy owner. That said, I think I can make some pretty good money running my van for awhile and learn the business a little better for when I am ready to move up. I get that you can take all my loads but I can not take all of yours)
     
  6. PowerWagon

    PowerWagon Medium Load Member

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    I am doing courier work with my own authority. I get to choose what I do and where I go - entirely. I pick stuff off the load board the courier company operates and do it.
     
  7. Florida Playboy

    Florida Playboy Road Train Member

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    That's good. Are you making decent money? By "decent" I mean at least $300 a day gross. The work it'self wasn't bad (except for lifting the heavy boxes of office paper) but there just wasn't enough money in it to justify me spending $300+ a week in fuel and tolls. In case you don't know living in Chicago toll roads are unavoidable unless you want to add hours to a commute anywhere. If the company didn't take their 50% cut it would have been ok. It's funny, I put wear and tear on my vehicle, pay for all expenses, not to mention do the actual work and they take half the money.
     
  8. PowerWagon

    PowerWagon Medium Load Member

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    Nope, not. The holidays really cut into things, as well.

    I'll do better when I learn the region better.

    I should note that I only have 300K liability and 10K cargo, which is MUCH less cost than the higher limits. My cargo is 30/mo and the liability is about 200 / mo.

    I should also add that I'm NOT doing this in a truck, which helps a lot on fuel and vehicle costs. I've been watching what's out there and I may seriously consider a Promaster in a year. The fuel costs will be very close to what I'm spending, as will insurance. the question is whether the work is available to justify buying.
     
    Last edited: Dec 28, 2013
  9. Florida Playboy

    Florida Playboy Road Train Member

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    It has been a few months and I just wanted to check in and see how TeamGreen's venture is working out?
     
  10. EZX1100

    EZX1100 Road Train Member

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    its the "free time" you spend at a DOT inspection that you dont get paid for, but you have to log it as "on duty, not driving" as it eats up your 70
     
  11. teamgreen1

    teamgreen1 Light Load Member

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    doing pretty good. been rolling a month and a half now.
     
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