Dude.....this is the most entertaining thread I think I've ever read on here.
Andy, how's your working capital and credit? Why dont you just buy a sprinter van, get a driver, get on with a dispatch that knows what they are doing and can tell you exactly what you'll need to do, and build up from there? Or better yet drive it yourself and learn first hand. Spend your free time learning about DOT regulated truck ownership, and then get into ST or TTs once you know about the industry a little?
Before you buy it have a solid game plan on every little detail. What maintenance will I need to do and how often? How will I pay my drivers? How will I set things up so I keep drivers? Do I have enough money to cover major repairs, or will I once my warranty runs out? What all will my warranty cover and not cover? What insurance will I need and what company would be best (best to get on with a company that has group insurance)? Do I have everything figured out for bookkeeping? What will the procedure be if a driver breaks down at 3am and I'm sleeping? Etc
HI,
I was actually looking for you before because I read some of your posts where you were looking to do a lot of driving (I was going to solicit you... hmmm I hope that sounds OK...) but anyways, then I saw you are working in truck with a sleeper so I figured we almost cannot compete with that ! (we have to do hotels, air b&b or if you want to rough it.... the Motel International (truck that is ;-O) but pay is reasonable or at least I'm still trying to get that fine honed...
I thought about sprinter van for a bit (actually the company has 1 but it needs a little rear end work (drove back from PA it seemed fine but there was always a "clunk" when accelerating or decelerating ....Turns out the carrier has some bolt holes that got elongated over time making for slack and the clunk ....the mobile mechanic has not had time it fix it yet).
The reason we did the box truck rather than sprinter for starters OTR is because , well the sprinter is still down (aforementioned issue) for now and at the time Amazon Cut rates so much (no profit and even a loss if we kept running at that rate (only because we drove in from far away to do the runs) we had a box truck and driver we needed to make some $$ with and the dispatcher had been communicating with us for a couple months so that seemed to be the solution for our extra truck and driver (put him OTR).
Based on the projected $$ and the fact that the driver was ultra reliable (showed up on time always and willing work 7 days a week (actually he did 7 days a week for about 4 straight months and had previously done OTR informally (no logs etc) we figured "what the heck go for it !" .
The dispatcher was helpful (got or is getting the company set up with factoring, gave some basics of log booking (although he simply provided us with "hours of service" sheets (not formal log books which we or rather the driver got at a truck stop after being pulled over by the man and cited for log book issues), gave advice how to get $$ OTR etc...he's been fairly helpful overall but some advice was not 100% spot on (him saying hour sheets are OK VS the reality that we should be on ELD technically by law...Most of our OTR "training" came from reading posts here on this forum so good job and thanks everybody! )....
The dispatcher is a little expensive (20 %) but truthfully if he keeps everything straight ( getting jobs, following up with the drivers. handling invoicing etc and keeping the truck rolling) so what ? At that point if we want more $$ just get more trucks and drivers ! (I'd love to be eventually hands off and have a fleet say the size of J B hunt or so ....for starters at least!) .
As far as OTR trucks , We simply lease them (driver happier a with shiny new truck that they can tear up !...OK that was bad ...hopefully NOT tear up) because then if the truck engine or something gets messed up / goes wrong in the middle of nowhere I don't have to stress about a high priced tow to a shop that wants to ream an out of state company).
Also leasing, while expensive, does also relieve me of the worries of preventive maintenance and routine maintenance (I still worry about local stuff but we got through the worse of getting stuff "right" so now it's just lube and oil for a bit....).
FWIW the last lease truck we used was due for an oil change and other services (DOT insp etc) and the lease company kept bugging me to have the driver get the maintenance done ....of course that would have caused us to miss a half day of driving so I guess it was good timing that truck had an accident and ended up under a hotel canopy at the same time (I guess if you have to have an accident have it when the truck was going to have to be down for preventative maintenance also! (you have to look at the bright side of things and keep positive or the little things will bring you down ! ;-)
I've driven most things short of a Tractor trailer and it's always been my thinking not to get into something I couldn't or wouldn't want to do myself but my thinking on that has changed over the years to more or less.... If I think we can do it and it has a reasonable chance to make $$ (of course a little investigating is helpful) go for it and learn by doing ....
I figure after a few more straights we may try our first road tractor (I always wanted to try one of those and most load boards / brokers are geared towards them anyways (in addition, I know a few CDL A guys)..... sometimes I feel like a big kid .... Watch out ice roads (and maybe we'll get some Bearing Sea gold in the spring!). ;-)