Doing my due diligence

Discussion in 'Ask An Owner Operator' started by eightballwoody, Jul 19, 2019.

  1. starmac

    starmac Road Train Member

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    And then I am just the opposite, Personally I would rather make the big bucks and work 3 or 4 months a year.
     
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  2. eightballwoody

    eightballwoody Light Load Member

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    So those of you doing it locally. What are you clearing weekly if I might ask?
     
  3. starmac

    starmac Road Train Member

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    Everybody will be different, it depends on where what kind of freight, what kind of trailer, how many trucks are in the same game. etc. I can tell you the houston area at one time was tough for most kinds of trucking local, but have not lived there in years. Back in the 80's when the oilfield shut down, truckin got super cheap there.
     
  4. eightballwoody

    eightballwoody Light Load Member

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    Ya. I know everybody will be different which is why I am inquiring about specific testimonies. I know a guy a work with who says its absolutely the way to go. And the money is good.
    It's kinda funny though. I have been reading quite a bit online lately about the pros and the cons. With all the things people say is bad, there are still a TON of o/o trucks running around. It obviously can't be that bad.
     
  5. Long FLD

    Long FLD Road Train Member

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    REO6205 and MartinFromBC Thank this.
  6. OldeSkool

    OldeSkool Medium Load Member

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    Depends alot on what you do and the hours you work, but most local guys would consider $3,500-$4,000 a week decent.
    Some jobs you might make up to $5,500-$6,000 but it will be seasonal and not last long.
    Fuel of course is your biggest expense probably run about $1,200-$1,500 a week.
    Obviously those numbers are a wild guess somewhat depending where you live and what you haul. The best ratio I have heard is you get to keep one third the money your truck makes. That's fairly accurate. The rest better go to business account and expense to stay afloat.
     
  7. eightballwoody

    eightballwoody Light Load Member

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    I can live with 1k per week in my pocket after expenses, taxes and etc. I don't have to worry about health insurance since my wife has benefits with her job. If I lease on to a company, wouldn't there fuel break help me save money?
     
  8. Old Man

    Old Man Road Train Member

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    Buy a pre emissions truck, save thousands a year on repairs.
     
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  9. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    I saw that. Notice it said a buck thirty per loaded mile? I sure hope theres some huge accessorials along with that.
     
  10. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    I don't know how accurate the figure is but I've heard that over 80% of new OOs fail within the first year.
    Sure, you see a lot of them around but check in two years and see how many are still operating.
     
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