About Bob Stephens Expertise If you need advice on truck and trailer purchasing, DOT regulations, start up costs, I can help. I also can help new drivers pick a company thats best fits them, what to look for in a company and what to expect if your new to truck driving. If your starting a business, what commodities to haul, working with Brokers and more.
Experience 16 years in the Trucking Industry. 8 years as an over-the-road driver traveling cross country. 4 years as a local driver in Chicago and Tampa, Fl. 4 years as co-owner of a small trucking company.
Organizations American Trucking Association
Education/Credentials AA, 1991, Liberal Studies, Purdue University
Awards and Honors Numerous Safe Drving Awards with the American Trucking Association.
Question I intend to start my own 18 wheeler business but not as a driver but just as a owner. I have been looking at trucks but I don't want to purchase anything without knowing the ropes. I want to start local then do some state to state runs. I know that it's a lot to know but I am willing to learn I just want to know how to get my money and how to find brokers or loads to stay in business. I know that it is much more to it than just that. So can I please get put in the right direction. Thank you.
Answer Hi Cedric.
Study all you can. I would look into buying a used truck(s) with an engine warranty. As far as everything else, I could write a book. Look at some of my previous answers for additional help.
You may find it easier (and more profitable) to run interstate rather than intrastate. See what kind of loads run in your area and what they pay. You can do this by calling load brokers in your area. Look in the Yellow Pages under "Freight Brokers" or go to sites like www.getloaded.com.
Also, go to sites like www.ooida.com. They've been helping truckers for decades and have a wealth of information on their site.
Before you make a single move, draw up a business plan. Input all your fixed and variable expenses, what your estimated income is, who are your target customers, etc. What do you plan to haul? Refrigerated, Dry van, flatbed, specialized, etc. As far as your income, call load brokers and see what the loads pay. Then you can get an idea of how many loads you can haul per week and what the truck will bring in (don't forget about empty or "deadhead" miles). Again, if you get stuck, ask me or call the Owner-Operator, Independent Driver Association for help.
