New guy...long post

Discussion in 'Ask An Owner Operator' started by bvanzalen, Feb 2, 2021.

  1. bvanzalen

    bvanzalen Bobtail Member

    6
    4
    Feb 2, 2021
    0
    New guy here, lurking around. I own my own truck (2008 WS 4900 which will be paid off this Fall), and have been doing local ag hauling during harvest in Michigan 9 weeks out of the year for the past 3 years. (Most likely the easiest type of driving compared to what you guys do.) My truck sits the rest of the year and I'm contemplating doing some loadboard work.

    I have my own authority and DOT#. I just signed up to get my IFTA. The only insurance I've purchased in the past was for the tractor and the leased trailer only.

    I'm a retired firefighter with a pension. Since retiring 4 years ago I've started a self-storage business, became a landlord with 8 units, snow plow a couple of small but lucrative commercial accounts and do the ag hauling in the Fall. The wife works full-time and we live well within our means.

    Instead of letting the truck sit, I'm considering doing some hauling part time. If things go well, I may choose to expand. In the mean time I'd like to get my feet wet with the least financial exposure possible.

    1. I'm hoping to find a place that will lease a dry van to a new guy. I've contact Xtra and they said I didn't meet their qualifications. I'm still searching for a company to lease from.
    2. I've signed up for DAT and have been messing with it for the last two days trying to learn the in's and out's. My plan is to book a short haul just to get one under my belt.
    3. Because I don't need to haul regularly or to make "X" amount a year, am I in a good position to list my truck and make the most from brokers who need a load moved? If so, how would you go about doing this? Should I bounce from broker to broker or establish a relationship with one that books a lot of runs in my area?
    4. Is there anything else I need before I take the plunge?

    I'm scouring the forums daily to learn as much as possible. Thanks in advance for any advice.
     
    Just passing by, Badmon and austinmike Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Dino soar

    Dino soar Road Train Member

    3,463
    10,939
    Dec 8, 2017
    0
    Have you checked with your insurance will be?

    It May not be a lot more but you're going to need 1 million in liability and you're going to need at least a hundred thousand in cargo insurance. I don't know if you have that type of coverage now.

    As far as Brokers go you need to just watch the load boards and work for whoever is going to pay you well. You will most likely work for a lot of different brokers.

    You will do best if you purchase your own trailer.
     
  4. Brandt

    Brandt Road Train Member

    3,475
    4,226
    Sep 17, 2012
    0
    You could look at Power Only jobs, if their are any close to you. You just use your truck and move trailers. Not sure if insurance would be less or how that works.
     
    bvanzalen Thanks this.
  5. MOBee

    MOBee Medium Load Member

    466
    373
    Apr 27, 2014
    Longview, TX
    0
    Why not hire a driver to pull a hopper year round? Then when you are busy. For those 9 weeks, you can get in it and drive it, to check it out etc... Or allow your driver to run the harvest. Just a thought.
     
    bvanzalen Thanks this.
  6. bvanzalen

    bvanzalen Bobtail Member

    6
    4
    Feb 2, 2021
    0
    That thought has crossed my mind. I live in farm country and enjoy the ag hauling business and the people. Looking at all options. If I can make some good money hauling last minute loads, well, that's intriguing too.
     
  7. MOBee

    MOBee Medium Load Member

    466
    373
    Apr 27, 2014
    Longview, TX
    0
    Hmm a part time guy/gal moght be just the ticket. So if you can't go they can and visa versa.
     
    bvanzalen Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted