Benefit of own authority



Trucking with own authority the benefits.

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38 Replies to “Benefit of own authority”

  1. How much were the operating costs when you first got your authority? I’m about to get my truck, trailer, plates, etc. Also, someone told me it can take up to 90 days before you see your first payment. How much for upfront operating cost? I have the money now for a truck/trailer. However, I am still going to save for another year or two so I can cover the upfront costs.

  2. Getting your own authority is good but you must have an independent dispatch firm or must have steady contracts to keep you away from the spying eyes of the load boards.
    If they know where you are you will only get loads that they can haul cheaper using your truck VS. Their own Truck's

  3. bro, do broker require a minimum year trailer to haul dryvan? is it good idea to buy an old dryvan ? what is the sweet spot between price and reliability? thank u

  4. My man, you got some BOMB info; but, if I were YOU, I probably would see about a side hustle as a voice-over for CHARLES BRONSON!!!! Man! I say Man! YOU sound JUST LIKE that dude!!!

  5. Last comment here…

    As a driver, be it company, O/O, with or without your own authority….you made a statement "you can make as much money as you want, whenever you want!". Not legally.

    HOS rules dictate no driving after 70 hours "on duty". I have had dispatchers tell me, to get around the rule, "well, just don't ever work more than 9 hours per shift, you can keep that 70 hour clock run indefinitely". Well, sure! While that SOUNDS great, good luck getting a schedule like that and sticking to it! Frankly, after working 70 hours in 6 or 7 days, I get a little "loopy", I need a mental break day!

    We also cannot drive more than 11 hours without taking a 10 hour break, and, cannot drive at ALL after 14 hours on duty. Running "short-haul", cannot drive after 12 hours on duty.

    Of course, this all takes into consideration people wanting to stay on the legal side of the DOT.

    I realize, any CDL driver out there should know the rules. Non-CDL drivers should too…depending on where you go, what you do, you might ACTUALLY be subject to the HOS rules!!! You certainly don't want to find that out "after the fact".

    With that said, if you look closely at the definition of what the FMCSA includes as "on duty" time, it is ANYTHING you do for a paycheck, including non-trucking related work…so, if you also have a part time job, even if it is completely unrelated to driving, it is considered "on duty", it is supposed to be logged, and it counts towards your 70 hours!

    Unless your getting paid in cash, there are payroll records of your work locations and times. A lawyer worth his/her salt will subpoena the records. A great example of what I mean by learning "after the fact".

    I have watched videos of people saying "I'll buy a truck, keep my full time job, drive on the weekends, hire a driver for the weekdays"….while that may SEEM like a great idea, it could come back to bite you in the rear. Just let the driver drive it 5-6 days a week, be sure you are doing things profitably, save your nickles, eventually one day, buy a second truck for you to drive. Rinse and repeat.

    So, please, do not tell wanna-bie O/O they can work "as much as they want whenever they want"…sorry to say, if they want to fulfill the operator half of being an O/O, there are limits…as well there should be.

  6. I like your no-nonsense approach in your video…but, as a 23 year O/O, I got to make some comments here that you and your audience should be aware of.

    First…

    This is only my perspective, but, $600-$900 day gross rev is LOW, at least while diesel fuel is $3 gallon…I try to average $1,200 gross/day.

    A lot depends on how many miles and hours it takes to achieve your $600-$900 day…in your example, you said the load was 40 miles away…but, you didn't mention how LONG it was going to take to complete…if it's drop and hook and your done in 90 min, then that is solid work, as long as you CAN string 2 to 3 of those together per shift.

    My experience with rail containers is, yes, you might only run 200-300 mi a day..but it takes 14-16 hours to get it done, some days more. There is drive time to the rail yard. the, an hour (minimum) inside the rail yard, an hour or two driving to the delivery, two hours (min) to unload, 45 min to the next load 40 mi away, an hour or two to load, an hour or two to get back to the rail yard, 30 min to bobtail out of the rail yard. That's about 10 hours to gross maybe $600? Where there tolls along the way? Is there a fee to rent the chassis? Rinse and repeat. And, how often do loads work out that you have an empty container the right size and cargo company for another pickup? It's my experience, you take a container to someone, you end up most times hauling it back empty, which means you grossed $300 for about 7 hours work. Maybe you can get $50 to haul the empty can back.

    How do you count your time in the rail yards? Off Duty? You know that isn't right. If you are on an ELD, you can't! Your truck brakes are released and the truck is rolling more than 5 MPH…your technically "on-duty, driving". I've seen how guys fly through, at least portions, of rail yards, at 25-40 MPH!!! No way an ELD is letting you call that "off duty".

    Doing some math, if we average your revenue and call it $750 per day…and if it takes 14 hours on average, your at $53.71 an hour, gross. Take out your operating expenses, pay for your truck, take out the cost of your health insurance and income taxes, your "net" is far less than $25 an hour, and, depending on variable costs and insurance, could be even below $20 hr. At that rate, it may be better to just drive someone else's truck. At least you have far less financial exposure.

    Instead, average $2 mi (I try to stay above $2.40 mi avg), and assuming a 57 MPH avg for 11 hours, that is $1,254 in gross revenue. Granted, variable costs are higher, depending on where, averages are higher or lower…but, most states, semi's can drive 60-70 MPH on interstates, obviously, city driving and 2-lane is slower…assuming the same cost structure, and that it still takes 14 hours per day to complete, the "net" is about $45 hr. This may not be a tremendous pay-day for some, but, if it costs $30 an hr to hire a driver, (incl salary, benefits, workers comp, unemployment and payroll exp) that is a $15 hr profit…per truck. Granted, there are STILL risks involved.

    But, these are things to consider and run a spread sheet on, if you decide to BE an O/O. Obviously, personal preference on how much money and home time weigh greatly in the equation.

  7. Typical Container bizz…hurry up and wait. Sit in line…meanwhile, no revenue. I'd rather be looking at that view at 65 MPH than creeping through a line of trucks.

    You CANNOT have your "own" insurance without having authority. Likewise you cannot have authority without insurance. They go "hand in hand"…you cancel your insurance, you will involuntarily give up your authority. That looks BAD to potential brokers.

    Even with your own authority, some brokers won't hire you haven't had your authority for a certain amount of time or "experience" on your DAC. Even if you have NEVER had a ticket or been shut down by DOT, if you have ZERO "experience" you may still have problems finding work. Experience takes time and you need multiple CLEAN DOT inspections, no accidents, no tickets.

    The BEST insurance offers a web site portal that allows YOU to send the certificate out automatically…you fill in who it's going to and off it goes, 24 hours a day. No waiting for an office worker to act.

    Going back to insurance, BE SURE, if you switch insurance companies, that the "ball" doesn't get dropped…the insurance companies need to be sure to alert FMCSA about your insurance change.

  8. Having you're own authority is not the greatest thing. I have mine but chose to freeze it because I can make more money at Landstar. Insurance is not that high, I get a lot of prrks. First of, tire discounts,fuel discounts, IRP is half of what you pay in California . I'm not saying it's bad to have your own authority, but the grass is greener on the other side.

  9. Vic UIIA website does not have loads. It does give you permission to go into the port to pick up the load after completing all the paperwork. I wonder how you get the load after completing all paperwork for port. Do I need to contact shipping lines or warehouses? Or are there pacific brokers I need to contact?

  10. I've been considering getting my own auth I'm just trying to learn a little more about being an O/O first and build up some more dollars. Great video man.

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