Who sounds like he came from somewhere on the other side of the world. Just what this industry needs more of.
Confused on what semi to buy
Discussion in 'Ask An Owner Operator' started by Alqazaha, Nov 28, 2023.
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gokiddogo, TheLoadOut and Rideandrepair Thank this.
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I’d like to know what Insurance company quoted $13k on a new entrant.
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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First, there is a 95% failure rate for new owner-operators in the country. There are a lot of reasons why, most are lack of work and lack of money management.
We are faced with an overcapacity of nearly 30% and it is not going down all the while the economy has been faltering in some segments while booming in others.
We have too many cheap owner-operators who will take sub-par rates just to keep the bills paid, and we do not have stringent brokerage regulations for transparency (which we won't do until this time next year). Shippers and Consignees are pulling back from moving freight as easily as they used to which in some respects makes sense if there is less freight to move.
All of this presents more of a problem than easy challenges to overcome by those who think it is as easy to get a truck and get work to make big bucks.
We have one thread going where the OP thinks he can get 50 trucks and it magically means money is rolling in, so I wish some of you guys get that we have seen a thousand schemes and ideas, while 99.999% of them do not work, the .001% that does is just plain luck.Beaver9, Phoenix Heavy Haul and Numb Thank this. -
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77fib77 Thanks this.
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Listen, we get this a lot and most of us just stop paying attention to w.e ur foolish idea is, buts it's 3 pages in and u seem determine.
Get a cdl.
Buy a truck
Get insurance
Apply for mc/dot
File all the paperwork, 2290, mc- 150(I forgot what's it's call)
Plates n tags
Permits
Subscribe to a load board
Boom so ez
Please update us.... In 2 days and tell us how much insurance was.Rideandrepair, Sons Hero and shanman Thank this. -
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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