Cell phone, tolls, meals, repairs, emergencies, insurance, insurance, insurance , maintenance, cargo claims, etc.

Too many expenses!

However, you have come to the right place to ask such a question

 

Now you're talkin'. Spreading your overhead over more trucks is a good idea. Especially somebody elses trucks.

If you charged $25 a load and found a load every other day for 10 trucks you'd have $125 a day. It's not easy to find good paying freight to keep those trucks happy though, you'd be one busy dude.

Gotta be careful not to saturate an area too. If you do, you may be tempted to play favourites with your company trucks. If the other o/o's a running the same lanes as your company trucks and your company trucks get all the good loads.....well 'nuff said.

 

uhh wheres your fuel expenses? as far as I know it isn`t free yet

and why the hell would you go to college to make 1600 a month? hell I did better then that when I was 16, and I was a real idiot!

 

that's the great thing about dispatch. all that stuff is somebody elses problem.

I've got no answer for that LOL.

 

Yes, I know its low, but I feel like I'm going to start a business in which I'm not investing any money nor have any financial obligations towards to, but I still get all the returns and profits and I believe the benefits in the long run will definitely be much bigger then starting of at someone else company.

Also, I live in Iowa where my parents and most of my family resides. If I would like to find the highest paying job for my profession, I would have to move as far away as possible from Iowa. Since, I'm not planning on doing that, I think that investing my time in this venture for few years will give me a lot of money in the future, plus all the benefits of getting the experience of running a business.

Believe me, I do have offers from numerous companies that very much exceeds that 1600 dollars a month, but I think I really have potential to succeede in this business with my family.

 

Skinny, you can do better than $1600 monthly. Make it clear to your partners that finding customers, loads, scheduling maint, invoicing, collecting past due accounts, processing paperwork, logs, running drug program, having their money on-time each week and everything else that you will do as the "dispatcher" requires salary to support you and yours. Back in the day when I was the company and did all of those things above, numerous drivers thought I was just sitting around getting fat off of them. One of my best friends/drivers back then got drunk and told me exactly how he felt. It hurt and he cut deep, but that was his opinion and when he left and lost his truck. I gave him a job and he drove for me until his bad leg wouldnt let him drive anymore. Make sure that they understand what you do, and do a good job for them. You are all in it together and they need to feel good knowing that you will answer the phone at 315AM when they have a problem. This business is a 24/7 business and as long as you have a truck on the road, you need to be available for that truck and driver. Good Luck with your new venture.

 

[quote]finding customers, loads, scheduling maint, invoicing, collecting past due accounts, processing paperwork, logs, running drug program, having their money on-time each week and everything else.../quote]
....permits, fuel taxes, income taxes.....yep, it's a ton of work .

 

Start finding shippers in your area that may be interested in extra capacity. Your brother and cousin aren't going to be happy with crappy rates when they leave home. Backhaul is another story, but anyone can click all day on GetLoaded and fill trucks. Plus, you have to buy some trailers.