From: captw1 (captw1@yahoo.com)
Date: Fri Jun 03 2005 - 13:47:56 PDT
I guess truckin' now is like what my cousin used to
say about farming..." if you've got enough money to
buy a farm and get it running, just retire!"
--- grntrks@juno.com wrote:
> Went into trucking business last summer ( hot-shot).
> I'll give you a
> brief start up cost for our INTRAstate operation.
>
> 1. Driver training, 4 weeks school,
> $3,000.00. With no income for
> 4 weeks.
> Training is now required by USDOT
> with periodic refresher
> courses required.
> 2. Commercial liability coverage
> ($500,000.00 ), required by
> State of Texas.
> 3. Cargo Insurance ($20,000 ) required by
> shippers. Many shippers
> wanted $50,000 to $100,000 coverage.
> Combined Insurance cost $3,000.00 down
> and $600.00 per
> month.
> 4 1991 Ford diesel dually crew cab
> $6,000.00.
> 5. 40' gooseneck flatbed, 3 axle, $4,000.00
> 6. 18' car trailer $2,000.00
> 7. anual DOT inspection (1 truck, 2 trailers)
> $180.00
> 8. 6ea. tires for truck and 6 tires for
> gooseneck $1,500.00
> 8. Texas DOT registration, anual, $210.00
> 9. Class A CDL with all indorsements $50.00
> 10. DOT physical $60.00 anual
> 11. Drug and alcohol screening $120.00,
> random.
> 12. Office setup for DOT required files and
> records $500.00.
> 13. DOT compliant sleeper (pickup truck)
> $2,600.00 , unless you
> can show reciepts for overnight rest
> stops ( motel).
> 14. Ratchet tie-down straps, chains, boomers.
> $850.00.
> 15. Tarps = ?
>
> Total on above.= $24,880.00 before I left the
> driveway for our first
> load.
>
> These are just off the top of my head. There are
> more I can't remember
> right now.
>
> Then you should figure several thousand dollars for
> maintenance and
> repair, fire extinguisher, tire chains, tow chains,
> spare lamps and
> fuses, etc., emergency triangles. Not having any of
> these items will cost
> you a citation and fine for each.
>
> By the way, average fuel costs = $1500.00 per month.
> The IFTA permit is
> only required if you cross state lines. If you go
> INTERstate there are
> more registration fees, higher insurance
> requirements, and vehicle tag
> costs. Next time you see a sign on the back of a
> truck that says " this
> truck pays $XXXX.00 highway taxes anually" you'll
> have an idea what that
> means.
>
> We lasted from 18 June,2004 to 28 Feb, 2005, when we
> ceased operations
> before we were forced into bankruptcy.
>
>
> Frank Cox - 'Nam 1966
> MVPA 14530
> '45 GMC 353 DUKW
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