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Starting trucking company questions
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What_If
Posted 6/26/2022 18:26 (#9722455 - in reply to #9721314)
Subject: RE: Starting trucking company questions


Southern Iowa
flyboytoo - 6/25/2022 22:32

You will lose your ass! Do you not follow trucking news? Most are going broke. Freight rates declining. Fuel way to high. Taxes and insurance? Breakdowns and cost to repair over the road? One guy will have a full time job with Authority, regulations, driver pay, dispatch, load insurance, health insurance, workmans comp. insurance, gov. tax prep, truck insurance, Dot inspections, E-log paperwork, fuel permits, tires, brakes, and general repairs plus the unexpeted major repair! Like farming, start with a million $$$, run till your broke! You would be better of leasing on with a company and let them handle all of this. There are much easier ways to make a living. You will never have an increase in equity. Buy a farm makes way more sense long term. Plain foolish idea at this time!



This!!!!!!!!!!

The regulations and rules are only going to get worse.
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