Input on starting new fleet

I have no business experience, but seeing how many successful carriers, American and Canadian, go belly up every year because profit margins are so thin, I would highly recommend against dumping money into this industry and trying to build something from the ground up. Buy a company that is established, make it a success, and take that experience and build something new.

I can almost guarantee that if you try to build something without any experience in the industry, you will just be throwing that large sum of money down the toilet.

 

A much more weighed out & rational move. Much less of a gamble with far better predictable return on, by a long shot, less investment.

Have to give you credit for having the cahone's to consider, though.

Good luck to you.

 

My simple thoughts, .40 for a driver is way low after bennies you would only be able to pay .32 to .35, better plan on . 55 or more.
Driver turnover will be above 75%, and that is below the national average. You will have trucks without drivers every week.
Book miles and real miles are not the same, add10%
Good drivers are hard to get, you will be surprised what a hired driver can tear up, and you will get hosed by shops that are a thousand mile away and driver that doesn't have a clue if they are telling the truth or not, but the truck is under warranty, yes but they don't pay for down time and drivers time and room.
I have a friend that bought a truck that had a new motor because a driver ran it till it quit (filled with water and broke block)
New cummins, rear brakes and tow came to $43,000.
It can be done but lower your expectations and hope for the best.