Own Authority Or Someone Else's??

Discussion in 'Expediter and Hot Shot Trucking Forum' started by TiredSlave, Aug 19, 2023.

  1. TiredSlave

    TiredSlave Bobtail Member

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    Aug 4, 2023
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    I'm a cdl holder. But some hotshots are making more than company drivers and I'm tired of working for someone else. I am seriously considering a Dodge 5500, and a Kaufman EZ-4, or a Mini Five, car trailer.

    I have finance for the equipment, but I'm wondering what my other start up costs will be and add up to...

    My own authority
    Vs.
    Someone else authority

    Input appreciated.
    Thank you.
     
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  3. RamChevyManiac

    RamChevyManiac Bobtail Member

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    Aug 2, 2023
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    Macc Media tv did a break down of what it costed him to start up a business. Excluding the down-payment on the truck he had to spend 14,000 on startup costs.
    I timestamped it
     
  4. Short Fuse EOD

    Short Fuse EOD Road Train Member

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    Jul 29, 2015
    Midwest
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    Your own authority, you provide the business traffic and pay for liability insurance. Basically, there is no help from no one. It’s all up to you.

    Leased on, you provide the driver, truck, non trucking liability insurance, and sometimes trailer. The company helps with the rest usually. Billing, liability, fuel and tire discounts, ifta, plate, training, compliance, drug and alcohol, payroll, proving you with work, etc..

    Before you go own route figure out if you can afford insurance, can cover compliance, and have work lined up. If there no demand for what you provide, you will not be successful. So is there a demand???
     
    Last edited: Aug 20, 2023
  5. Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

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    Another poster thinking the “Grass is greener” on the other side. o_O Go for it. Most don’t listen to the veterans in here. Use the search box on here. Do your homework.
     
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  6. Dino soar

    Dino soar Road Train Member

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    Dec 8, 2017
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    If you are interested in leasing on to someone's Authority you can PM me
     
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