Every so often it is suggested I be an Owner/operator and this is usually because I can't stand the way some things are done or handled as a company driver. One thing is, I hate giving up my truck periodically; the other is that I want to add or fix stuff, or have someone else fix it other than the company shop. Plus, there are some runs I would prefer not to take simply because I know the shipper or cons. and can't stand working with them. My understanding is that O/O's can turn down such trips... But anyway, I have spoken with owners and many say it's not profitable anymore like it used to be, others say they do great!
Recently I have been assigned a relatively new truck with just over 100,000 miles on it. Previous driver(s) haven't trashed it and everything works. But I want to add an APU and change out the stereo and some other things. And then too, I'm envious of those trucks with the chrome and fancy paint jobs. One truck I had needed all eight drive tires replaced (in my opinion ) but the shop said they were still serviceable and pass DOT scrutiny. BULL!As far as I was concerned they could pass for cheater-slicks!
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But aside from the fancy looks and add-ons, is there really any money to be made being an O/O? I want to stay with Swift and drive for them. And since I can't park my truck at home even if I was O/O due to local regulations for my neighborhood, working out of the Swift terminal in my hometown works well. Any advice and/or comments would be most appreciated, thank you.
Is there REALLY any advantage to being an O/O with Swift?
Discussion in 'Swift' started by Alwayswillingtolearn, Jan 23, 2015.
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Fancy paint and chrome don't pay the bills...but it does make it more enjoyable.
ChromeNut and Alwayswillingtolearn Thank this. -
Maybe on a dedicated run, but better think it through if going otr. When i leased a truck with a diffrent company i was going broke running otr, but did ok when i landed a dedicated run.
Alwayswillingtolearn Thanks this. -
if you didn't pay cash for it. and outright own the truck. your not a o/o. your a l/o.
and why would you put money into a truck that's not yours. and can be taken out from you at any given time.Alwayswillingtolearn Thanks this. -
Only if you're willing to be a mentor.
And you actually OWN your truck.
Leasing a truck is like leasing a car. You don't own it, you're just renting it and paying all the bills.Alwayswillingtolearn Thanks this. -
Alwayswillingtolearn Thanks this.
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fr8monkey and Alwayswillingtolearn Thank this.
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Honestly it just depends I know o/o with own authority Failing hard, and I know some L/O doing fine. owning your own business doesn't mean it's going to succeed.
But with that said being an L/O you have a lot more risk and potential to make more money than a company driver
Just have to weigh your options.Alwayswillingtolearn Thanks this. -
Dude you to much of a steering wheel holder to be an owner operator. You have to learn how to make money, and all you have talked about is spending money on stupid crap that's not going to make you money. You really going to put new tires on a truck every year because the old ones have a little wear. Do you know you get better fuel mileage with the worn tires as opposed to the new. You have a lot to learn dude And the first thing is patience . You will fail as company driver or lease driver if you don't get that under control.
Alwayswillingtolearn Thanks this. -
Alwayswillingtolearn Thanks this.
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