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Old 09-03-2005, 10:05 PM   1 links from elsewhere to this Post. Click to view. #1 (permalink)
vparmar11779
 
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Default Starting up new trucking business

I have a driver with 5 years experience who is willing to work for me. I'm merely looking from the investment point of view. I'm planning to buy a new truck and a trailer and contract with another company who does interstate hauling. I don't want to drive myself, I don't have even commercial license. Is it possible that I can register a truck and get insurance and contract with another company ( who has it's own authority).
 
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Old 12-26-2005, 05:15 PM   #2 (permalink)
rcp
 
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Default O/o

I strongly suggest staying away from an area of business you know little or nothing about. Trucking is a way to loose alot of money in a short period of time, even if you think you know quite a bit about it. I operate a one truck one trailer trucking company. I have in the past tried to hire a driver for my truck. Thinking that if I put a driver in this one, buy another. The drivers that seem to come my direction talk a good talk, but tear up my equipment. And, of course it wasn't their fault. Leasing your truck to another company is NOT a good business decision either. They, the company will use your equipment to their advantage, whether you make a profit or not. They, the company will see that they, the company makes a profit, regardless if you do. Truckin', ain't nothin' quite like it. A good starter book for you is, "So Ya Wanna Drive a Truck", available at, *****link removed by tjmuddslinger****. Check it out. Good luck.

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