Is it a good time to be an owner operator?

Discussion in 'Ask An Owner Operator' started by CommercialDriver, Apr 3, 2023.

  1. Constant Learner

    Constant Learner Medium Load Member

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    It's a great time. If you have the experience, 50K+ cash and a triple digit IQ.
     
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  3. Beaver9

    Beaver9 Heavy Load Member

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    And NO customers? Even with all the above is CRAZY.
     
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  4. bad-luck

    bad-luck Road Train Member

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    In your words you are still a rookie. So for a new owner operator, now is not a good time. The spot rates are garbage right now.
     
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  5. Beaver9

    Beaver9 Heavy Load Member

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    People who have been in this business for years drop like flies.
    I can't imagine one that wants to start it now unless they have a solid plan in place and customers waiting. And money of course to risk it all.
     
  6. TheLoadOut

    TheLoadOut Road Train Member

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    Do you have a family? Home? Are you the breadwinner? How is your credit? Now is not the time to become an owner owner op. A truck payment, insurance, the cost of fuel, maintenance, if you don't have a healthy bank account to start you're doomed right out of the gate. Stick with the company for awhile, keep your record clean, bank your money, as much as you can. How much time do you think you'll be able to take off once everything, EVERYTHING depends on you?
     
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  7. Constant Learner

    Constant Learner Medium Load Member

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    I don't have customers. Never had.
     
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  8. Concorde

    Concorde Road Train Member

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    “Come on in the waters fine” :)
     
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  9. JonJon78

    JonJon78 Road Train Member

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    Just do it!!! Fuels through the roof and rates are compensating for the rise... I been swimming in cash lately!!!
     
  10. Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

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    IMG_5050.jpeg
     
  11. Concorde

    Concorde Road Train Member

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    West Melbourne Florida
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    I declined a $1.55 per mile load out of Billing’s this morning and decided to run empty all day.

    So much money to burn in this business :)

    Saw a load get scooped up today for $1.13 heavy and on the truck for 3 days.. I laughed!!
     
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