After 30 years (25 as driver,5 in management) I'm suddenly out of work due to the sale of our company. Was thinking of becoming an o/o. Is it practical to make a living doing local stuff running a day cab and doing loads that can get me home everyday. Looking at some of the load boards there seems to be plenty of loads out there that would allow me to do that.
To be local o/o
Discussion in 'Ask An Owner Operator' started by JEP, Mar 26, 2013.
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Depends on your area. I myself do just fine, but I dont have all the truck and trailer payments tho. U also need to build a pretty good customer base with brokers and others to be able to make a GOOD living. Its possible to make more running only 50,000 - 60,000 miles per year than some running 100,000 - 125,000 miles. Just got to stick to ur guns. Good luck. Be safe out there drivers.
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I live in Ct. Some advice I have gotten was to lease tractor and trailer from Ryder for a while until I was able to build up a broker/customer relationship.
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i don't thing leasing a tractor and trailer from ryder would work out very good for you, check into the cost of doing that. I think you will see why. you would be better off finding a older well maintained truck on the cheap and maybe leasing a just a trailer. i would suggest a small sleeper just in case you have to do a occasional overnight or get stuck at a reviver for a long time. 36-42". run it for a while and then you can buy a nicer newer truck later if you want. then ether sell your first one or park it as a spare.
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Sleeper is a plus for local you will find yourself overnighting many times. I'd think the smaller the better up there on the east coast with all the tight places you'll likely encounter.
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HwyPrsnr Thanks this.
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Fortunately I was able to set up my retirement with my last job. I just need to make enough to pay the household bills. At this point I don't want to work for a company that will keep me out for a long period of time. That's why I was thinking doing short local hauls on my own.
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maybe you'd be better off with a box truck or a pick-up with a 30 ft. flatbed trailer and focus on partial shipments. This would keep your operating costs and overhead down considerably. And it would allow you to deadhead much cheaper.
With a semi, you can find a decent paying short haul local. But if you can't find another load, or have to deadhead to your house it eats up your profit pretty quick. I think with a box truck or pickup w/ trailer, you may be able find partial shipments and keep busy. You may also be able to deliver full shipments in two or three trips as well. And if you can't find loads when you want, it won't cost you as much to let the truck sit either.JEP Thanks this. -
I'm looking into all options. Trying to talk to as many people in the business as I can to make the right decision. What is the right rate to get. It seems there is no consistency with the people I have talked to.
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