New O/O - I Need Help

Topic 34400 | Page 1

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Rodney F.'s Comment
member avatar

I have recently gotten my CDL -A, and purchased a semi truck. I want to Gina a good paying and legitimate company to do a lease agreement with, I have already encountered two different carriers to do lease agreements with, and in both cases I have been driving night and day, running myself and my truck 4000+ miles each week, but I’m not taking home much money.. any advice on a company I should contact, or any I should definitely avoid.???

CDL:

Commercial Driver's License (CDL)

A CDL is required to drive any of the following vehicles:

  • Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
  • Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
  • Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
  • Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
PJ's Comment
member avatar

Welcome, I hate to hear these types of situations, but it is more common than alot of folks realize in this economy.

You have only stated really bottom line info, so its impossible to give you much advice. Here are some basics that would help.

What type of truck did you buy and is it yours or did you get it through a company? How old is your truck?

Do you have your own base plates and IFTA?

What type of freight are you looking to pull?

Do you have your own trailer?

Do you have a 3-5 year business plan and do you have an LLC or S-corp?? How much experience do you have?

What are you looking to do, lanes you want to run, etc??

There are alot of companies out there that offer lease agreements. It is hard to say if they are any good or not until someone tries them out. As you have found out some are horrible. Generally I would recommend you look at larger carriers.

Trucker Kearsey 's Comment
member avatar

"Not taking home much money"... that is a subjective statement. If you expected to take home $10,000 per week, you would be unrealistic.

I say welcome to trucking and truck ownership. You are never feel you are making enough. And always find someone else claiming to be doing better.

I have friends at Mercer who are very happy and making decent money in dry van.

Your truck payment and fuel will be the brunt of your expenses. So that will make a major difference in your profit.

Dry Van:

A trailer or truck that that requires no special attention, such as refrigeration, that hauls regular palletted, boxed, or floor-loaded freight. The most common type of trailer in trucking.
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