Відео

Come on man let me live 😭

Unless there’s another unprecedented event like 2020, that will never happen.

No you don’t have to be a citizen. You can dispatch remotely.

@@Gill22 thank you.

How so? I have used and new trucks in my fleet. New are definitely making more per equipment than the used.

Yeah it’s a very controversial take but every decision I make is based on data not emotions. Newer equipment has been a LOT more profitable than used equipment for us.

Yeah I totally agree. Ideally, you would want to start during a boom period however, if you can survive a trucking recession… you’ll survive the next one as well.

@Gill22 There's no point to surviving. There's only gaining. If you have to survive it then you're in the wrong business and need to get out. Surviving is only for those that are boxed 📦 in and have no other way to make money or survive. That's why it's best to be a company driver at the moment. Let the owners handle the liability bs. Either that or take a hiatus from trucking until this bs is over with.

Yeah I mention that in the video. The gross revenue of a dispatcher and owner operator will not mean the same level of net profit. Also, it will take a dispatcher 10 trucks to make the same gross as a single owner operator. If an owner operator had 10 trucks, they would be making significantly more in profit.

Yes, I take that into account when accounting for financing monthly payments and insurance costs. However, the savings you get through maintenance/repair and fuel make up for the increased upfront investment. You can also lease. You don’t have to buy new.

By the way I subscribed to your channel…👍

Yeah I totally understand but business is not meant for everybody. There’s a lot of risk especially in trucking. You shouldn’t start a trucking business if you don’t understand the industry and business principles. Also, thank you so much!

That’s a massive difference. If you assume you drive 100,000 miles a year and it costs $3.73 for a gallon of diesel, at 5MPG you’re spending $74,600 and at 7MPG you’re spending 53,285. An extra ~$20,000 in profit that you’re missing out on every single year. Also, with lower costs, you’re more likely to survive trucking recessions.

I fully agree but that’s unfortunately the reality for most truckers now. It’s easy to find a load through load boards which is why so many keep doing it. If they just invested a little bit of time each day to do some outbound marketing for direct shipper contracts, they could be making great money with much less headache.

I never said warranty will be able to get your truck out of the shop quicker. I mention it for the cost savings on parts. In an industry where your costs are the ONLY thing you can really control, you have to be careful about the strategy you employ. I’m willing to bet that by leasing/buying a new truck and through proper maintenance schedules, inspections, and driver training… we will be able to reduce our downtime, consistently increase our MPG to 7.5-8, and have an easier time hiring drivers. All of which are the biggest hurdles for a fleet. If you have some know how with semi trucks and you don’t plan on employing any drivers, then most definitely buy used and find ways to increase MPG through your driving or through drag reduction.

@@Gill22 I rather be getting the same mpg out of a 5 year old truck than to pay close to 200k and have my truck in the shops for months when a small abs sensor goes out and I’m not dot legal. The older trucks have tons and tons of after market parts as well.

To start a trucking business for $0, you have to do it without a truck (aka truck dispatching). There will be costs associated with truck dispatching such as the $180/mo load board fees and any CRM you plan to use (roughly $97/mo). However, both of these costs can be deferred until AFTER you actually start making money working with a carrier. To start a trucking company, you will need roughly $50k which most don’t have.

@@Gill22thanks now I’ll start one. Thanks for the heads up.

What load board you recommend ​@@Gill22

Agree strongly with you. Breaking even is a sweet deal at this time in the trucking industry. The middle man has a strong hand in it. Until brokers commission isn’t fixed by law and an official contract confirmation sheet handed to the main actor the owner operator. I would wait.

Yeah I agree. We have too much capacity in the market right now from 2021. However, people that can make it… will make it through the ups and downs. If you join when it’s good, so will 1,000’s of other people and the market will turn again. It’s cyclical and unavoidable in this industry.

@Gill22 That's why the guys with the best chance for now is the single owner operator. No large over head they can pay themselves something instead of HAVING to pay an employee.

Preach

I have a fair amount of experience in this industry. I don’t doubt based on your experience maybe you could’ve went with a used truck. But if you were to give advice to a broad majority of people. Would you tell them to buy used knowing they have no experience in this industry. Or would be a better idea to lease or buy a new truck and have a chance at less down time and increased MPG savings.

@@Gill22 I would tell them to buy a older truck cash. As far as mpg goes. Older trucks in my opinion burn better than new trucks. First of all, new trucks use, the diesel for the injectors to drive the truck and it also uses diesel for the dpf to determine the temperature for a Regen (which is a waste in my eyes) Older trucks are just easier to work on and more reliable. Plus, you don't need a special technician to work on them. If i knew what i knew now. I would've saved my 42k cash and bought an early 2000s w900 and I would've profited more money. Listen, my truck is in the shop atleast five times a year for dpf issues and the cost is ridiculous. The engine to me is great but if you're a new driver trying to make money as a owner opperator, stay away from anything 2008 and up

@@Gill22 imagine having a truck payment, with insurance (which is high as hell right now) and your truck is down for a couple weeks dew to emission issues. Plus your personal bills. New trucks is the fastest way to bankrupt the small guy. Lease or finance at your own risk lol

@@Gill22 that's exactly what I'm trying to tell these clowns. Your information is solid for new truck drivers. Keep doing what you do.

Haha true. We already have too much capacity. Not a good time unless you already have shipper contracts lined up.

What do you disagree with?

​@@Gill22used older trucks are better as detroit 60/ older cummins engines may not have to run def systems making them more reliable meanig less downtime and more$$$

@@the_modfied_car4903cheaper and easier to maintain and fix too

All of them ​@@Gill22

Are you interested in renting a truck I have nice trucks for rent and for sale and you don't need any insurance because I have done everything and i give you a 3 years warranty

I agree. Not a good time to join right now. Only join if you have a direct shipper contract lined up. Or wait until the capacity meets supply by the end of the year (hopefully)

You need to dispatch 10 trucks to make roughly $20k to $25k. It’s not hard at all considering our dispatching company worked with 81 trucks last year and you’ve probably seen our ads on FB/YT.

@@Gill22 😂😂😂10 truck groos 7k weekly at 5% dispatch fee is 16k Even on this Market is hard to groos 7k And is stupid to paid for dispatch if you are a OO don't fool the ppl men

I would 100% agree ONLY if you know how to properly inspect and also maintain a used semi truck. As I mentioned in the video, most new owner operators don’t even have that basic level of knowledge so they’re better off getting a new truck and finding direct shipper loads.

@@Gill22 💯 agree

Couldn't have said it better

If you're just getting in the trucking and you're not a diesel mechanic and you buy a truck with no warranty you're dead before you start. Save up for down payment on the truck buy brand new and just like he said trade it in before the warranty is over. Paying off a truck is the worst thing you can do. You don't have to buy it with cash that's idiotic.

@@mannsolo6294 and what do you do when warranty takes a month or two to get your “brand new” truck out

No YOU are the GOAT

It’s in the description!

Yes sir 🫡

Are you interested in renting a truck I have nice trucks for rent and for sale and you don't need any insurance because I have done everything and i give you a 3 years warranty

It’s the gill22.com/free link. When you join the group, you get access to all the templates inside

I can understand buying used especially in markets like the one we’re in ONLY if you can work on semi trucks. If not, you’re better off buying used, keeping it under warranty, benefit from increased MPG, you stay on the road longer, etc. Also, you can easily hire truck drivers to work for you on new equipment and shippers are far more willing to work with carriers with new equipment. There’s a trade off for both, I personally prefer new trucks.

It all depends though. What You say is not true all the times. A 2024 cascadia is not more fuel efficient than a 2020, but You can find a 2020 at a quarter the cost of new one and if it has 400kmiles.or less, You ll have at least 300k miles left without major repairs or downtimes and on top of that You can buy extented warranty for engine and transmission that will cover you till 700k+. Untimately You need to run the numbers, especially now there are so many deals on 0:01 used but modern trucks that will run as well as a new one with the same fuel efficiency but depreciate much less.

I see many used trucks at the shop near my home. It doesn't make sense to be at the shop every other month

​@@Gill22what happens when warranty takes 2 months to get your truck out of the shop? You've lost a whole Peterbilt in revenue

You’ll get it brother. Progress >> Perfection

Dude you’ll get decapitated in this market as a startup runnin the load board. I suggest you find an alternate career, cuz this 💩 will bankrupt you and family.

6 comments above he confirmed that entering the truck business at this time would be the biggest mistake... Motivating and demotivating at the same time