I've been a company driver (dry van) for about a year. I got into trucking with the intent to be a one man trucking business. Outside of all the regulations and book keeping to maintain, keep it simple. Buy a truck & trailer, book and deliver my own loads. How much driving experience would you recommend a person have before venturing into a solo business?
Recommended Amount of Experience
Discussion in 'Ask An Owner Operator' started by wattcc, Jun 8, 2022.
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About 4 years minimum
wattcc and Rideandrepair Thank this. -
1 year might be fine, but you would need the other skills as well. Perhaps the cash to buy rather than finance, land if you are looking to take the truck home daily/weekly etc.
The one biggest thing you dont know (presumably since youre asking now) is what rates actually are and how they function. Ie, what the current market is, how its cycling. hint, buying now isnt the right time, not without a good plan. Truck prices are high, trailer prices are high, rates arent that great.
If i had the land, a shop, and a decent company at the moment, i might try buying a dirt cheap truck for cash, working on it for a year on weekends while continuing employment elsewhere, maybe get regulatory stuff in order, but just get READY to go on the next boom cycle (if there ever is one) what i would NOT do is try and start now from scratch with a big truck n trailer payment and rates downwattcc and Rideandrepair Thank this. -
@wattcc, rates are down; fuel is sky high (and going higher).
Thus, the timing for such a plan, for the foreseeable future--is terrible.
This gives you PLENTY OF TIME to rack up some experience, to do so when things later improve...down the road (pun intended).
In the meantime, you might be well served to know about the following opportunity (if you don't, already):
USA Truck Introduces Self-Dispatch Program - Drivers - Trucking Info
This position/opportunity gives you load board experience (what you'll need to be successful on your own, anyway), while you enjoy the security of being a company driver--without all those headaches/risks that you would incur if you started on your own now--or in the foreseeable future.
While you're doing the above--learn as much as you can about the business--especially what everything costs (or can cost).
Hope this helps....
--Lual -
I appreciate all the replies so far. I agree with everyones sentiments. I have had my eye on rates, fuel $ and truck $ for about 2 yrs now. Yes, everything is nowhere near as favorable as last summer. I have also been aware of the USA truck gig too.
Is a working knowledge in load securement good to have? Or is it not really much of an issue booking loads in dry van? My job doesn't deal with it much, but I imagine it would be a necessary skill to be able to perform and to know when the shipper has done it properly. Honestly load securement is my hesitation out of anything. I have been researching running solo for about 2 yrs now and am fairly comfortable with complexities on the business and regulatory end. My current job entails difficult backings, so I am pretty comfortable maneuvering the rig. I'm really just hung up on load securement. Is this something I should go learn? Get a gig as a dock worker for a month or two? Thanks in advance. -
I am inclined to say 4 or 5 years minimum. I think thats when you really start to learn the good, bad and ugly of trucking. That would apply to most, but some drivers learn faster and are students of the game. I think it depends on how you immerse yourself in learning the business and driving side.
wattcc Thanks this. -
wattcc Thanks this.
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Give it a year, maybe two, equipment is going down, not much but it will, freight rates are going down, no need being stuck with high truck payment and low rates having you run super hard for no/little return on money.
Keep your eye out for a deal, but not to much of one, to good to be true usually is, but say someone retiring and wanting to sale until the year or so when prices return to somewhat normal.wattcc Thanks this. -
Siinman Thanks this.
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Load securement ?
You mean strapping down the cargo inside the trailer ?
Or finding the loads ?wattcc Thanks this.
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