Some numbers for new O/O

Discussion in 'Ask An Owner Operator' started by DUNE-T, Aug 23, 2018.

  1. bigguns

    bigguns Road Train Member

    2,707
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    Jun 13, 2013
    Omega,GA
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  3. ywdodoyang

    ywdodoyang Bobtail Member

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    Nov 24, 2018
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    I want to register an o/o company, I am living in Queens New York, anyone gives me a suggestion should I open a trucking company in NY or NJ?
     
  4. blairandgretchen

    blairandgretchen Road Train Member

    9,370
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    Dec 9, 2011
    South west Missouri
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    Good attitude. I need to remember this.
     
    bigguns Thanks this.
  5. 86scotty

    86scotty Road Train Member

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    Aug 27, 2017
    Appalachia
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    Risk vs. reward. In 25 years with a company I had 0 risk and about the same reward. Now I have plenty of risk and plenty of reward. No going back for me. I have some money saved and other safety nets in place now that I'm older and attempting to be wiser.
     
    Tug Toy, kimbosa, bigguns and 2 others Thank this.
  6. Gus4800

    Gus4800 Bobtail Member

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    Jul 25, 2020
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    Mostly not true
     
  7. NewbieTruck

    NewbieTruck Bobtail Member

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    wow thanks for the great break down. I appreciate your time and thoughts.
    At the end of the day will I have enough work to cover my expenses right? What would you suggest for guys just want to work with Amazon or Convoy?


    Whay
     
  8. K33ptruckn

    K33ptruckn Bobtail Member

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    Dec 7, 2018
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    By these numbers might as well lease a truck to the spot market... I mean is that even possible?
     
  9. chilibowl

    chilibowl Light Load Member

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    Jun 28, 2013
    Houston Texas
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  10. chilibowl

    chilibowl Light Load Member

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    Jun 28, 2013
    Houston Texas
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    First time uploading pics. Looks like I hit the button to many times. Anyhoo y’all look at these numbers and tell me what you think. She says she has 250 owner operators that are tickled pink to be running for this company. I’m still trying to figure out where the $1000 went from the freight rate to the settlement rate.
     
    Bean Jr. Thanks this.
  11. Leftlanemilktrain

    Leftlanemilktrain Bobtail Member

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    Aug 4, 2020
    Michigan
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    If new o/o has cash for a truck they're better off going to Vegas... at least you can drink for free while you lose it
     
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