Is it workable to go O/O right now? Is the freight there to make it profitable? Was looking at doing this in the next few months. My starting plan was to run continuously for the first 6 months, except for 1 week in April. After 6 months, transition to a 23/5 schedule. 23 days out & 5 days home. Is this realistic?
I'm currently a company driver with Schneider, running a dedicated account out of McCalla, AL. It was good for a while, but now there are so many new drivers here that miles are getting spread kinda thin.
I've been looking at buying my own truck and going O/O. I am willing to work and travel to all 48 and Canada. Got no expenses other than some credit card debt from a misspent youth.
Company Driver to O/O. Is it workable right now?
Discussion in 'Ask An Owner Operator' started by JPStetson151, Oct 24, 2019.
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Define going o/o. Are you planning to lease somewhere or get own authority and use loadboards? What kind of freight are you planning to pull?
PE_T and truckdriver31 Thank this. -
I was looking at leasing onto Schneider starting out to help get my feet under me, then eventually get my authority.
Looking to pull 53' Van Loads. -
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No wait a bit, rates are not getting too much better any time soon.
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You need to learn all aspects of trucking.
Not just driving 10 months here and there.
There's a lot more to owning a truck then just driving.
Like breakdowns.PE_T Thanks this. -
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Get on a lease program where you can rent a truck (new one preferably). Do it for 3 to 9 months. If you like it and can make it work, then buy a truck. Do NOT buy a truck yet. So many people don’t understand what it takes to be successful. Take it step by step. Some people (not you) want to buy a truck and get own authority when they only have 2 years as a company driver. If the 2 years were as a contractor, then buy a truck, and continue climbing.
Gsm, JPStetson151 and snowwy Thank this. -
The idea of jumping on the Schneider lease program then paying them $1000 a week for a nice truck and being limited to their own load board is not the same as buying your own truck and making decisions as to what to do with it. I think this is a trap, unless the op is talking about leasing his own truck there which most likely, rate-wise, is not going to be that much different from the spot market the way it is now but we're hoping for another good 5 minutes which over there will never come.
I am against leasing to any mega carrier for the simple fact that operating in a kolkhoz - like environment stinks and is against the very notion of being your own boss. For instance, If I wanted to, I could disconnect my ELD now and nobody would ever find out...but at Schneider, they would make a federal case about it.................. or I could scold a shipper/receiver clerk like they were dogs, which in some cases they are, and nobody would fire me, except perhaps a broker putting me on their black list, in which case I could scold them like they were dogs too.
Just kidding...well partially.86scotty and Majestic 670 Thank this.
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