Grapesoda

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I would rather have questions that can't be answered than answers that can't be questioned. $.02

crockett

Yeah, I dont buy the truck driver shortage BS. Its high turn over rate for over the road drivers so they are always losing guys and hiring new.

I keep asking if there is such a big shortage then why haven't my rates gone up.

I mean the money is pretty good and all considering I dont do much other than drive down the road and get annoyed by lazy shippers and receivers, but I'd think if there was such a big shortage the load prices would keep going up but they really arent.

OneHungLo

Where is the real money at? Leasing trucks? Owning multiple trucks and hiring drivers?

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“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.

― Calvin Coolidge

crockett

It depends how much money you want vs how much headache. I personally have no interest having a fleet of trucks or dealing with drivers. I lease my truck and pay too much for it, but with that I can walk away anytime I want for a minimal loss.

I usually make at least $2k a week in my pocket for very little risk and just providing my time/labor. If I bought a truck outright via a outside source I could probably pocket a extra $800/week but with that comes more risk/liability.

For now Im happy leasing because as example I hurt myself a few months ago and had to go home. I turned my truck in due to bad timing on payments and my down time b4 I turned the truck in, I walked away owing $1,8k. However if I was buying the truck via a loan I would of been forced to make payments the 2.5 months I was out.

So once I was ready to go back, I took a used truck this go around with a short lease. I turn this truck in mid January and will go home for the winter. Meaning for me the lease works best.

The biggest draw back, is the company I run at requires your truck to be 3 years or newer when you bring it on their fleet. This means getting the truck is expensive so a lot of income goes toward paying high lease payments..

On the flip side, I could buy a older truck outright say like a $30k truck and put it at a company that allows older trucks. At that point I could run when I wanted and just pay insurance and the random other fees these companies hit you with. Doing it this way I could pretty easily run 2 weeks a month or maybe run 4 days out 4 days home or something like that and still make good money.


For the record, this is the guy's house that owns the company I run for...

https://www.news-leader.com/story/ne...cave/97612886/


He has a few jets, a casino, a hotel and a few other things Im sure.. So running big fleets pays pretty well..He did go broke once though..LoL

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"If Israelis don't want to be accused of being like the Nazis, they simply need to stop behaving like Nazis." - Norman Finkelstein