Is trucking profitable?

You are gonna need $50k to start up at least, if you are buying a truck and trailer, running your own authority. There are 30-60-90 day billing cycles, percentage of insurance required upfront which will be high on a new entrant,tags, permits, fuel for a few weeks, plus driver pay.

This is just scratching the surface, not including breakdown issues, warranty work, covering a load if you are broke down, etc. Do your research, plenty of info on this site.

 

I am in one now!

 

Have a short shot, some form of burbon and a half glass of Soda pop to go with it on me. Enjoy!

 

No , I'm part gypsy I can't seem to find a different path.

 

Oh. 150K for a mint tractor with all the emissions BS smog crap bolted on it like a casterated 74 monarch that cannot get out of a gas station for love or money...

50K for a trailer.

A set of tires before winter for all of them. Old tires the best out of the bunch go onto the trailer.

Chains.

Insurance out the wazoo. Civil Liability insurance starting at 2 million. (I carried it one year as a licensed gun carrier I think it was 20 a month...) and insurance on anything and everything.

A place to keep that truck without being hounded by the law. Or run out of town by the city council. Or irate neighbors giving you a constant drone of flak. A building to actually fit the thing inside, fix it where possible out of the rain and cold.

You will be buried in manuals for everything. You will need computers. Even those to hook onto the truck you OWN, that you now must configure to Owner Operator specs to have it run worth a ####. (Otherwise stay home....)

Batteries. You will keep spares. ON a trickle charger constantly. 4 of them. BIG ######## too. None of that Walmart crap. (No offense....)

Property taxes on everything.

tag fees on the tractor trailer. You will eventually be disgusted at how you cannot move that blessed pile of moneypit a foot in any directly without all 50 states having their hand out for their own fees that they can possibly get you to hand over to them. Money money and more of it.

You are going to need 10,000 dollars in fuel the next 30 days you drive the #### thing. I hope you are loaded, rolling and making enough to pay at least that and your truck payment of 4000 a month.

Never mind the #### fuel, watch out for the oil change coming up during that time. Be careful not to run two oil changes over 25000 miles with one driver in 6 weeks. Wait 8 weeks always.

That door will be open to DOT at any time. With all the potential settlements, fines, enforcement actions and so on that is also possible when your tractor trailer gets inspected by some boil lanced ####### who has been burned out of law enforcement 30 years and has nothing to do but find something wrong and ticketable with you, your truck, your driver and god only knows what else.

Need me to drone on? I can think for a thousand ways to spend money out of your pocket today before you go to bed.

Trucking is a joyful activity in life. Provided you are just a Drivah, free of all that mental stress and horror of money.

 

I'll clue you in on a little secret amongst us professionals..........wanna make a million dollars in the trucking business??? Start with 2 million!

 

You never disappoint.

 

Sure there is.

Today's loads pays yesterday's fuel bill and that driver you just fired for breaking that telephone pole in a no truck route in godonlyknowswherethe####thisisat City USA.

 

For O/O or for company drivers or for companies, check out the performance of Swift Transport shares on the Stock exchange their a publicly listed company, a strong performing stock will indicate a company that has good leadership making the right choices and getting good profits. O/O if there was no money in it there'd be no O/O around bottom line is you can make good money if you run steady miles every week with good reliable equipment.

 

No we're all millionaires just looking for a hobby.