Look you are not getting it, to start up as an owner right after you gain your CDL without any exposure sets you up for failure. We have people here would say I'm full of it, they did but they don't tell you they are the exception.
For every one person who makes it to a year, there are 8 or 9 more who fail. This industry has a 85% failure rate, and I am not talking about drivers.
working for another carrier reduces that risk, doesn’t eliminate it but reduces it, maybe to 60%.
You should first see if you can even drive a truck, a lot of people think they are good truck drivers but can’t pass the simple road test or even a Pretrip, forget backing up …
so the progression should be be a driver first, work for someone else and gain experience in how to drive a truck, if you can.
how much does a new authority cost?
Discussion in 'Ask An Owner Operator' started by TRUCKER101ROOKIE, Feb 1, 2023.
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Last edited: Feb 4, 2023
MrcleanTN, Rideandrepair and Phoenix Heavy Haul Thank this. -
When you have your own authority you are responsible for everything.
I don't know what your experience level is but both of the above are a lot of responsibility.Rideandrepair and Vampire Thank this. -
I recently got the ability to get my truck and work under someone's authority, as others mentioned current market is terrible for this adventure. If your looking for a quick cash cow start up business to be your own boss yeah this the wrong time to do it. Hate to say it but go try companies like ats that give you one year walk away lease options and get a taste of what the business is like. or just run as company driver, you'll probably put more personal spending money in your pocket, as owner your truck takes your income
Rideandrepair and Vampire Thank this. -
14 or so months ago and for a couple of years before, you could have worked as a new O/O with a fresh CDL and likely printed money. But not now. Consider yourself lucky for not getting sucked in as a new O/O at the tail end of the boom, and just go to work for a good carrier if you'd really like to drive. Not working as a lease operator, not as a leased on O/O, but just a .60 to .70 cents per mile driver for a company that can keep you busy and will treat you right. The only O/O's who are making money right now and for the foreseeable future are those who have spent years developing contacts within the industry. The rest who do have adequate resources, like me, are merely 'treading water' if they're lucky. And the tail end, who don't have money to fall back on at all, are currently being bankrupted at a steady rate.
Kenworth6969, Rideandrepair and LameMule Thank this. -
Rideandrepair and LameMule Thank this.
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Rideandrepair, Vampire and TRUCKER101ROOKIE Thank this.
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LameMule and Rideandrepair Thank this.
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There's more to consider. Do you have a house and kids? Home time comes into account. In addition, having a low enough mortgage payment (or being mortgage free) and bills that side work will cover when the market is in the trash is important.TRUCKER101ROOKIE and Rideandrepair Thank this. -
TRUCKER101ROOKIE and Rideandrepair Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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