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Starting out with small reefer fleet?

Discussion in 'Canadian Truckers Forum' started by Kavya, Dec 28, 2020.

  1. Dec 28, 2020 #1
    Kavya

    Kavya Bobtail Member

    1
    0
    Dec 28, 2020
    0
    Hi everyone, My name is Kavya. I am 24 years old and looking to get into the trucking business in Canada. I want to specialize in Reefer loads as it is recession proof. I want to know if LTL would be more profitable compared to FTL considering I will be starting with 2-3 small trucks. I do not have experience in the trucking industry so I would love all the help I could get :)
     
    Kavya, Dec 28, 2020
    Kavya, Dec 28, 2020
    #1
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  3. Dec 28, 2020 #2
    Coffey

    Coffey Heavy Load Member

    705
    1,656
    May 14, 2019
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    Did you know trucking is over 100 years old and in that time frame many major companies raise and fall.
    So my question is what makes you special other then having no idea what your planning on doing
    What will make you stand out from every other big and small company hungry to just stay a float
     
    Coffey, Dec 28, 2020
    Coffey, Dec 28, 2020
    #2
    Canadianhauler21, homeskillet, upnorthwpg and 3 others Thank this.
  4. Dec 28, 2020 #3
    magoo68

    magoo68 Road Train Member

    3,393
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    Jun 11, 2011
    st malo mb canada
    0
    Jump right into the straight truck segment . According to the internet you’ll get rich. I hear dump trucks in Toronto and containers in Vancouver are other areas where you thrive too .
     
    magoo68, Dec 28, 2020
    magoo68, Dec 28, 2020
    #3
    Ol'Shusquatch, D.Tibbitt, mudflap77 and 5 others Thank this.
  5. Dec 30, 2020 #4
    mudflap77

    mudflap77 Heavy Load Member

    852
    1,302
    Oct 11, 2010
    South western Ontario
    0
    Nothing in trucking is recession proof. Yes food/refer products will always need to move. But when other major segment of the industry slow down and the big'ins like Bison, Challenger and such suddenly have a couple hundred trucks needing work suddenly your recession proof segment become saturated with trucks looking for work.
     
    mudflap77, Dec 30, 2020
    mudflap77, Dec 30, 2020
    #4
    upnorthwpg and D.Tibbitt Thank this.
  7. Dec 30, 2020 #5
    D.Tibbitt

    D.Tibbitt Road Train Member

    19,660
    130,560
    Apr 26, 2013
    Gettin' down westbound
    0
    Trucking is not even close to recession proof. Maybe in the broader economy , trucking can survive thru any recession. But the trucking market moves in cycles just like anything else.
     
    D.Tibbitt, Dec 30, 2020
    D.Tibbitt, Dec 30, 2020
    #5
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  8. Jan 1, 2021 #6
    upnorthwpg

    upnorthwpg Road Train Member

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    Sep 23, 2011
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    Sorry, but your doomed to fail right out of the gate. Learn about an industry before you dump money in and go bankrupt.
     
    upnorthwpg, Jan 1, 2021
    upnorthwpg, Jan 1, 2021
    #6
    Ol'Shusquatch and homeskillet Thank this.
  9. Jan 1, 2021 #7
    homeskillet

    homeskillet Road Train Member

    5,041
    33,947
    Jun 1, 2013
    Dayton, OH
    0
    Buy three trucks and start looking for loads to fill them. What could possibly go wrong?
     
    homeskillet, Jan 1, 2021
    homeskillet, Jan 1, 2021
    #7
  10. Jan 4, 2021 #8
    Ol'Shusquatch

    Ol'Shusquatch Light Load Member

    234
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    Jul 8, 2019
    BC Interior
    0
    The word.... bankrupt.[/QUOTE] That would imply that one first had a bank behind this sound business plan/venture. Unless at age 24 there are oodles of money, already sitting securely in a bank account.

    Are you still there Kavya?
     
    Ol'Shusquatch, Jan 4, 2021
    Ol'Shusquatch, Jan 4, 2021
    #8
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