Hello, i recently got my cdl and now i have the money to buy my own truck and trailer. I have researched a littel bit about finding loads and what not,but i need help with how to find my own loads. I dont want anyone to look for loads for me i just want to become my own broker,do i still need the bond? does anyone have a website or anything that i can research on so i can find my own loads for my own truck? any help is appricated Thankx guys....
a broker is a middle man. people go to the broker to get there freight moved you then haul the freight for the broker. you don't need a broker bond unless you contract a shipper and then want to hire that freight out to another company
ok makes sence, how do i find and negotiate my own loads? can you give me any information on that..? Do i just need a DOT number and then call for my own loads???
just seems lots of my friends are not happy driving for anyone even thought they are owner operators,always either get screwed on a load or on time frame home.
I am not an owner operator. Im a company driver and currently very happy at my company. But o know that many owner operators go broke and lose thier truck and thier business because they jumped in head first without knowing the business. I very much WANT to become an O/O but before i do so I will work five years for someone else. I suggest you do the same.
A one-truck-Chuck with new authority, no references, and no experience is NOT going to get loads on his own. No one, except maybe some broker that has no intention of ever paying you, is going to give loads to you. You need to learn this business and build good business references in order to be successful as a company owner.
Becoming a broker vs a carrier are two separate things. One requires a bond , the other requires insurance. Considering you recently got your CDL, you may not like what you here from the insurance company. I don't think a insurance company will even write you a policy, if they do the price alone may break you. Once you have driving experience you will have better luck getting a policy, and you will find plenty of companies willing to work with a new authority, every company started somewhere. My advice would be to get yourself a quote on trucking insurance prior to buying that truck and trailer. Make it very clear to the agent that you are trying to get your own authority that way you know where you stand.
