Owner Not Operator

Just sell it

 

Sorry for your loss........There isn't really much profit from a 1 truck operation when your not the driver.....there will however, be a lot of overhead.

 

Trucks are a dime a dozen. Good drivers are very hard to find, even for experienced owners who know what to look for when hiring. You only have a small part, and the easiest one at that, of being successful in trucking. Unless you want to pour a lot of cash and time into the venture to learn the hard way, sell the truck. I know that's not what you want to hear, but it's the truth. We haven't even touched on finding decent paying work for it, which can be more difficult than finding a driver, especially this year. We are in period of excess capacity right now.

 

Running another business doesn't prepare you for running a trucking business. It has so many industry specific nitnoid requirements, and many of them are very expensive if you get caught with your proverbial pants down.

I really don't advise it.

But I am sorry for your loss and I wish you both the best.

 

IMO, sell the truck and invest the money. You'll be much further ahead. Whatever the truck makes will be going out the door by the time you pay the driver, fuel, maintenance, tires etc. The only way I could see it possibly working is if you find a good driver and maintain the truck yourself. Even then I can't see there being much profit in it.

 

Spend some time learning about the trucking business. Unlike any other business. The liability of running a truck can kill your finances with an unplanned event. The spring time business improves, but a driver can break you before you know it. As long as you are not going to operate the truck yourself, keep it for the memories, or consider selling it or donating to a local truck driving school or other charitable organization, food shelf, etc.

 

Park the truck beside your house and start it every so often since you don't want to sell it.
If you have zero truck experience you will invest more than you will ever get back with one truck.

 

Funny how the responses focus on the driver being so important, yet the largest carriers make money with drivers being a dime a dozen.