Hey old heads, vets I need guidance. I'm brand new to trucking about to hit 30,000 miles I am absolutely in love with it I love being on the road I love the freedom I love everything about it when I'm home all I want is to be back on the road with family I want to be back out on the road it's the first time I'm actually been proud of what I do, more so than when I was in the military when I earned my EGA, I look forward to it every morning. Here's the thing I want to go owner operator everyone says it's not the market but I have a feeling it's all about the hustle you need to work hard at it. I am money hungry and I want to make the most I can. I want that high pay per mile not no 50 cents not no 70 cents I want $2,3,4,5 $10 per mile, that $10000+ per load after expenses what do I need to do how do I do it? Ideally I would love to have a super sleeper so I can bring my wife and kid along. I understand that certain sacrifices do have to be made the loss of relationships everything but I absolutely love being on the road and I will not give up that freedom I will fight tooth and nail to keep that. I want to know what is the best route to go to be able to make all this happen currently I do Dry van. I know one thing that I'm going to have my wife get her broker's license so I can't cut that out having to pay a broker.
Sorry bud, $10,000 per load after expenses??? That’s a pipe dream. If you are making .70 cpm, you are running a better profit than a lot of O/O. No head aches either. As far as purchasing you own truck, are you handy with wrenches? If not, buy brand new, paying a mechanic to do every little nitty gritty repair will eat you up. A brand new truck (unless you have a nice savings account) will run you a decent sized payment every month. Your lack of experience will land you an insurance quote of $25,000+ per year. I don’t know what freight you haul in your dryvan currently, but clearing anything over $1 after expenses is awesome right now with freight rates where they are. Super sleepers are awesome, I used to want one myself, but they further limit your options because they are so heavy. If I were you, I would remain a company schmook for another 4-5 years, find out if you still love it as much then. In the meantime you can save up for a rig of your own, you will probably need approximately $100,000 in savings as a cusion for expenses
If you expect freedom, stay a company driver. Some O/O are married to their truck obligation and run so thin on margin, they are lucky to see money coming in for a couple weeks.
Devil, you got a lot of planning and learning the business side of the trade before jumping in. Once you have things figured out and you have equipment and working capital.. jump in.
Pffffffffffffffttttttt lolololololololol!!!! Funniest post of the week here! Yeah, then you woke up, right?
Okay I honestly figured money like that would have been more commonplace even for those massive oversize overweight loads that are a real pretty penny. Before this I was a diesel mechanic ironically for 10 years. I'm a pretty good mechanic when I want to be lol. Well I work for knight and I really from what I've noticed I haul a lot of stuff for grocery stores, beer, clothing and wholesale stuff from time to time which is just a bunch of random crap
Explain or elaborate a little more please why Chicago, wouldn't purchasing outright a new vehicle be better than leasing in the long run mainly because the warrantiea?