This is not directly involving tractors, but could be a potential service to us all.
My good friend and I are considering starting up a transportation business, using dually pickups and gooseneck trailers (resources that are readily available to us with little expenditure. Our idea is to haul cars and equipment locally, transport "snowbird" automobiles between the southern US and the northeast, transport of antique vehicles purchase across country, and be able to haul equipment for farmers, tractor shows, produce, etc. Another potential help/client, could be a full-time Cub Express, offering low cost transportation for forum members (especially if something can be piggybacked onto an existing scheduled load).
We are both experienced (through work and hobbies) at hauling trailers, cross country driving, trucks and mechanical aspects, transporting heavy equipment, and I am fairly familiar with DOT regulations and requirements.
The idea behind this is the fact that my friend a single guy, has worked in construction, and wants to work for himself. We can start the hauling company with him as a primary driver, and I can help on evenings and weekends, and as business grows (hopefully) I can leave my current job and do this full time. This would give us two trucks and trailer setups, and/or a partner to help drive on long haul trips, etc.
Since everyone here has such helpful advice, I really value your judgement and input. What are your thoughts on this? It seems that there is a market for this type of smaller hauling, do you agree? What obsticles could I encounter (I have thought of several, but would like more input)?
We are not trying to take over a market, or get rich on this. We have thought long on how to start a business that we would both enjoy, utilizing resources that are available to us, and something that can sustain our lifestyles.
Thank you in advance for all of your help. Please feel free to respond to this, or e-mail or PM if you would rather keep your thoughts private.
Bill
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Help/Advice - Transportation Business Questions
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Help/Advice - Transportation Business Questions
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I see you mentioned DOT. Road tax will also become involved. With a service like that you can't afford to deadhead on your back hauls. You will also need to have more than 1 vehicle per load or fuel will eat you up.
Bill
Bill
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Suggest talking to a whole bunch of people who are or have been in the business. Get their opinions.
I know nothing about the business. My neighbor has tried three times to start and operate a hauling business. Actually 4 times.
1) first time. hauling automotove parts from one store to another through out the midwest. Lasted about 2 weeks. Paid per unit delivered.
2) second time. hauling freight for a manufacturer. all over US and Canada. Paid based on mileage.
3) third time. hauling books for a local distributor. All over US. Paid based on mileage.
4) fourth time. hauling travel trailers from manufacturer to customer then picking up stock tailers and bring them back close to Missouri. US. Pay based on mileage. This one probably was the closest to making a decent wage.
I know nothing about the business. My neighbor has tried three times to start and operate a hauling business. Actually 4 times.
1) first time. hauling automotove parts from one store to another through out the midwest. Lasted about 2 weeks. Paid per unit delivered.
2) second time. hauling freight for a manufacturer. all over US and Canada. Paid based on mileage.
3) third time. hauling books for a local distributor. All over US. Paid based on mileage.
4) fourth time. hauling travel trailers from manufacturer to customer then picking up stock tailers and bring them back close to Missouri. US. Pay based on mileage. This one probably was the closest to making a decent wage.
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We use a 'hot shot hauler" at work alot, we use them alot for 'quick' and 'right now' stuff cause they are hungry and are more economical for light work compared to large hauling companies. The guy we use runs 3 - 3/4" ton dodge diesel pickups, and uses 1 large gooseneck, 2 medium goosenecks and has a small extra heavy 12' bumper pull for his long haul small part loads. He has a contract with us and is the first to get most of our loads. We use him for hauling our outsourced parts and for emergency part runs. We pay quite a bit but his operating costs are surprising.
There have been alot of hot shot companies come and go around here, they have a low overhead equipment wise, you can pick up a good used 1 or 3/4 ton diesel truck with trailer for 20-30k. But when you start adding in taxes, insurance, licenece fees, and the seat time involved to make all that money back...it's hard to see making a whole lot. Plus you gotta drum up all the work in the first place...
The guy i mentioned earlier is a retired longhauler, and has 2 other retired long haulers working for him. They are on the road alot, gone alot, but they seem to be breaking even. But they have lots of exp under their belts. Theres more to truckin than drivin a truck....
jusy my 2cents....
There have been alot of hot shot companies come and go around here, they have a low overhead equipment wise, you can pick up a good used 1 or 3/4 ton diesel truck with trailer for 20-30k. But when you start adding in taxes, insurance, licenece fees, and the seat time involved to make all that money back...it's hard to see making a whole lot. Plus you gotta drum up all the work in the first place...
The guy i mentioned earlier is a retired longhauler, and has 2 other retired long haulers working for him. They are on the road alot, gone alot, but they seem to be breaking even. But they have lots of exp under their belts. Theres more to truckin than drivin a truck....
jusy my 2cents....
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