Trucking/owner operator
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Question
Hi Bob,
i am a driver looking to be an owner operator. My question is when you deal with a freight broker , he is the one paying for your load or what? and what is to look for when paying a used truck?
Hi Mike.
Brokers pay you and the shipper (or receiver) pays the broker. Always make sure that your broker has a good credit rating. Some brokers have been known to collect from the shipper/receiver and disappear!
When you get a used truck, try to get an engine warranty. Engine rebuilds can cost $10,000 or more. Without that warranty, if the engine blows a week after you buy it, guess who foots the bill? If you can't get a warranty, find one with a recent rebuild AND papers to prove it. Also look for a truck with regular maintenance. Finally, if possible, look for a fleet owned truck. Most fleets are very good at maintenance and you'll know it's been taken care of.
Good luck!
Bob Stephens
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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.
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