Expanding the fleet

Discussion in 'Ask An Owner Operator' started by Michael H, May 17, 2019.

  1. Scooter Jones

    Scooter Jones Road Train Member

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    After having worked on the inside for a year, any aspirations I ever had of building a fleet went right out the window! LOL

    Watching the owner (fleet of 150 trucks) with a red, stressed and troubled face most of the time, cured me. Not only that, most (not all) of the drivers I had to deal with on a daily basis were, let's just say, not the sharpest knives in the drawer, or were a royal pain in the arse ;-)
     
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  2. Midwest Trucker

    Midwest Trucker Road Train Member

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    Wow, sounds like he needs to make some changes. Hope he is able to hang on this year. Between much lower rates, likely for him higher insurance, and the rebuilds sounds worrisome.
     
  3. REO6205

    REO6205 Road Train Member

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    Bigger isn't always better. There's been some great advice in this thread.
    I've known some guys who decided to be fleet owners without stopping to think about all things the guys have talked about here. Every single one of them wound up selling off everything they could and going back to driving their own truck or driving for somebody else. They also wound up in the hole financially.
    LOL...If your phone rings at night between seven pm and seven the next morning you'll get so that you're afraid to answer. Its always bad news. Don't ask how I know this.
     
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  4. chimbotano

    chimbotano Heavy Load Member

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    That is the reason I married my wife . “Bigger isn’t always better”
    upload_2019-5-18_12-19-49.gif
     
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  5. Ridgeline

    Ridgeline Road Train Member

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    This is why I use my business model, less stress.
     
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  6. Michael H

    Michael H Medium Load Member

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    Excellent input. I appreciate everyone’s willingness to open up.

    At this point, I don’t believe I’m financially solvent enough to risk the expansion. I’m also working on other projects and this might be more than I can chew right now. I need to clear some room on my plate.

    Thanks again, all!
     
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  7. chimbotano

    chimbotano Heavy Load Member

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  8. chimbotano

    chimbotano Heavy Load Member

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    Ok upload_2019-5-18_19-5-47.gif
     

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  9. REO6205

    REO6205 Road Train Member

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    Good choice.
     
  10. RoadRanger^^

    RoadRanger^^ Light Load Member

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    can you add 20-30 trucks in the first year of the new company ?