Category: truck driver

4 Ways For Owner Operators To Improve Business

Maybe you want to be an owner operator for the obvious reasons like the freedom of owning your own rig and making your own transport decisions, or you’re currently an owner operator looking for ways to improve your business. Either way, it takes a patience and a few attitude adjustments and you’ll have to develop a few new habits in order to get the bigger paychecks to roll in. Luckily we have a little advice on how to make it big as an owner operator.

Successful Qualities In Owner Operators

1. Realize Your Value

Right out of the gate you have the realize that people will pay you for your value. You’ll earn as much as you’re worth, so it’s not good to get cocky and lazy. Assuming that your work is worth more than it is won’t get you anywhere. Instead, you have to put in the time and build quality relationships.

You will have to put in more hours. If you’re already working overtime, unfortunately, you may have to squeeze in even more hours on the road. Your weekend life may become a little nonexistent for a while in order to establish yourself. Also, keep in mind that more hours on the road, means more time away from home, so it’s best to be in a position where your pets and family understand why you’re around less.

With more freedom comes more responsibility. You have to make the calls, schedule dispatches, file all of the paperwork, and more. You also can’t assume that other people will fill out paperwork on time or correctly. Be sure to check in on them and go over their work. 

2. Be Practical With Income

The thrill of a bigger paycheck is extremely exciting. It gets you thinking about all the stuff you could buy, like a lift kit for your wrangler or maybe even the down payment for a pool in your backyard. However, you have to wait before spending money on yourself, because there are bumps in the road.

There will be months where business is slow, your truck will need work done, you could catch an illness that makes you unable to drive for a few days, and you could be apart of an accident. We can’t predict the future, but we do know that some days you’re the windshield and some days you’re the bug. So, make sure you have money set aside to cover emergencies.

When it comes to your truck a warranty can help, but they don’t usually cover everything. Take care of your truck. Keep it clean, take it for regular maintenance and tune-ups. Don’t push those oil changes off! Your truck is your expensive tool, it’s not a toy. It’s best to get the total value out of it so you don’t have to face the high costs of getting a new one. 

3. Market Yourself

People won’t magically come to you, you have to make yourself available, and you have to find them. Then build long-lasting relationships with them. Building a longterm relationship with a carrier will bring in more business on a regular basis. You don’t want to have to go hunting for more work every month.

However, not every carrier is the right carrier. Some cut corners and have bad practices. Research everything you can about your options as far as their rates, costs, customer records, safety records, internal relationships, and more.

Take advantage of the internet. Have a site for your business built and spread yourself all across social media and trucking boards. Create a LinkedIn profile and place ads on Craigslist that include your resume. Make it possible for anyone looking for an owner operator to find you. Also, establishing a web presence could lead you to lifelong networking opportunities to keep your business afloat for as long as you can keep on trucking.

Being an owner operator is expensive. Be sure to total in the costs of gas, meals, truck insurance, cargo insurance, tax fees, truck payments, and more. If you like getting breaks on a few of these expenses maybe you should stick to being a company driver.

4. Be Patient

Stay calm, and keep driving. It takes a long time to become a successful owner operator, we’re talking months to years. On average, an owner operator takes home about 40k during their first year, and that’s if they work extremely hard.

You need to slow down and be a planner. Make meetings with financial advisors to get a business plan together. Take the time to consider all the options when buying a truck, between new, used, or leasing.

Heck, take a step back to think about if you truly want to be an owner operator. Seek out other owner operators and ask them for advice on how to get started and what it really takes.

Do You Have What It Takes?

As long as your patient, realistic, ready to put in extra work, and make financially smart decisions you’ll be on your way to becoming a successful owner operator. For more trucking tips visit ExpressTruckTax.com, and be sure to comment on what it takes to be a successful owner operator in the comment section below.

Do You Have Time To Be An Owner Operator?

The ultimate trucking dream is to, of course, become an owner operator. I mean heck, who wouldn’t want the freedom of planning their own hours and routes, without a supervisor breathing down their neck. The answer to that question is simple, it’s the guys that simply don’t have the time.

The Extra Hours Owner Operators Put In

When it comes down to it owner operators simply put more time in on the road. They drive farther routes and often end up racking up a lot of overtime. Sometimes they only sleep about six hours a night before returning to the pavement. Can you safely operate a truck on less sleep? If you like feeling well rested you might wanna stay on the company dime.

Plus, more hours on the road mean more hours away from home. Do you have a wife, girlfriend, kids, or even a pet back home that you don’t want to leave? Sometimes relationships become strained with extra hours spent away. If you want to be home with your loved ones, then, by all means, be with them.

If you have a demanding schedule, like custody of your kids every other weekend or a pool league that meets once a week then being an owner operator might make you miss these agreed upon activities. Not only will you have less time away from home, but you’ll have less time for personal activities like watching football games, working on your bike, or catching up on the latest action movies and video games.

Also, it takes awhile to even get started as an owner operator. The process isn’t for the impatient. You have to get a plan together and go to meetings with financial planners to see the proper way of starting your business. It involves a lot of waiting and talking. Then you have to try to get loans and depending on your credit, that could be tricky. You might have to set up a few meetings with different banks and wait to talk about your loan options.

Becoming an owner operator involves a lot of time before jumping in a truck and taking off down the road. In fact, it may take a long time to even find the perfect truck for you. With so many options to consider from new to used, buying or leasing, or leasing to own you need to consider what will work best for your financial situation in the beginning.

When you finally have the right truck you have to put in more time to maintain it. The goal is to give every single pennyworth out of it, because with no truck you have no business. You’ll have to go to the dealership for regular oil changes, check the oil filters, replace the belts, and more. You’re gonna have to keep your truck clean and smelling nice, as it’s basically going to be your office, so treat it as well as your first born son.

Then when you finally take the leap to becoming an owner operator it can take years to become established. You have to spend time on the phone to build long lasting relationships with shippers. You have to have a website to professionally represent yourself and take the time to build an online presence on social media.

You also have to get good at being an owner operator which takes practice. It takes a while to learn how to plan productive routes with pick ups and drop offs near each other so you aren’t hauling an empty trailer. You also have to learn how to be a good salesman to sell yourself, and it’s also good to learn how to save money here thereby becoming a fuel efficient driver or with budget planning for meals and supplies.

If You Have The Time Go For It

Why wait? The perfect time for getting your plan together to become an owner operator is right now! As long as you have the time to make the right plan, get the right rig, and can handle putting in a lot of extra hours you can enjoy the trucking freedom of being your own boss.

for more trucking tips be sure to visit ExpressTruckTax.com, and share your thoughts on be a time consuming owner operator in the comment section below. 

Rookie Mistakes New Owner Operators Need To Avoid

So, you’re thinking about becoming an owner operator and cutting ties with your dumb jerk of a manager for the freedom of the open road in your own truck? Well, at least you’re doing one thing right, by putting some actual thought into it. It’s a big step and can sink your finances pretty quickly if you make the wrong moves. Let us help you out by sharing some tips about rookie mistakes to avoid.

They Don’t Run The Numbers

New owner operators will crash and burn pretty quickly if they don’t consider the costs it will take to keep themselves afloat. While you’re barreling down the road in a company truck look at all of the miles and consider the cost of gas, the cost of food, maintenance costs, repairs, and more.

Plus, can you take on more monthly payments? Part of being an owner operator is owning your own rig, and they’re expensive. You’ll also have to get insurance for your rig, and for yourself, adding two more monthly bills.

Don’t forget that hours also add up. Can you handle the longer routes? Are you prepared for overtime? Will your family understand the increase in the amount of time that you’re gone on the road? 

Rookies Don’t Save Money

Part of the pull of being an owner operator is having more money in your pocket, but you can’t just throw your hard earned money at a brand new bike or a fancy car. You need an emergency fund because accidents and surprises happen.

Business could get slow and you’ll need your emergency fund to pay the bills or your employees before they bail and your entire operation falls apart. Plus, we know you’ve seen your fair share of wrecks, what happens if your truck gets involved? Can you cover the major repair costs? Will your business sink if you’re without your truck for a month or more for repairs? 

New Guys Waste Down Time

New guys like to take breaks. They don’t take advantage of downtime to plan and prep for their next drop offs, pick ups or loads. When you’re hanging out at a dock during an unload it’s tempting to catch up on phone games like Clash of Clans or browse social media, but you could be cleaning or maintaining your truck.

Doing simple tasks during your down time will save you time during your days off. Clear out your fast food trash, attend to spills, and clean up sticky messes to keep your cab neat and clean. Put on your oil suit and go under the cab for a little maintenance. Plan out your next route, complete with food stops. It only takes a little less goofing off to be an efficient planner for your business. 

Tenderfoots Buy New Trucks

Now a big part of being an owner operator is choosing your truck. You get to pick it with all of its glory. New guys often go for a brand spanking new rig with all the bells and whistles. They don’t consider the big monthly payments and insurance costs that come with new trucks.

Starting off in a used truck helps you squirrel away a lot of money with cheaper down payments and cheaper monthly rates. Plus, if you discover that being an owner operator isn’t your thing then used trucks often have a better turn around rates for your wallet. When the time is right and your finances are in order you can upgrade to a brand new truck. 

They Skip Out on Regular Maintenance

Maybe your used rig isn’t the best, but it’s yours. You’ll love it as your firstborn. Why make unnecessary costs of upgrading to a new truck too soon? Get the most miles out of your truck by getting in the habit of doing routine maintenance. Get the tires rotated, get the oil changed, replace the bests and spark plugs so your rig can keep on trucking.

You’ll actually be surprised by how good you’ll feel by sticking to deadlines instead of taking the lazy day out and driving extra miles in between oil changes. 

Is It Time To Become An Owner Operator?

Are you ready to take the leap to advance your trucking career? Are you ready for your own truck on the road, without sticking to annoying company policies? Are you financially set to launch your new adventure? If so, then go for it! Just make sure you’ve thought the costs and risks through and have a solid plan.

If you have rookie mistakes to add to our list be sure to comment in the section below. Also, check back with ExpressTruckTax.com for more trucking tips.

Costs to seriously Consider When Buying A Rig

Whether you’re becoming an owner operator, a fleet manager looking to expand your operation, or tired of leasing, it might be time to buy your own rig. However, there are a few hidden or not so obvious costs to consider. Be sure to consider the following costs that go into buying new or used tractor-trailers before busting out your checkbook.

Costs to Consider With New and Used Rigs

First things first, you’ll need a down payment. Spending between $10k to 40K on a new or used rig will help you get a lower monthly rate. That’s another thing, every month you’ll have a big new bill in the mail!

When buying a new truck the monthly bill will be there for years hanging over your head. Buying used will give you more of a short-term investment that you can pay off in a quicker amount of time, with a possible lower monthly rate.

Did you know that new trucks come with fancy warranties? There are even extended warranties! They can really save your butt if you need a repair early on, but they also can add a lot onto your monthly tab.

Warranties on older rigs cost a bit more, because obviously and older rig will need more maintenance than a newer one. Say you’re interested in a rig with over 500k miles on it, it will hard to get a detailed report about it’s driving history. At least with a new rig, you know every detail about it. However, with an older rig the warranty payment may balance out with the cheaper monthly payment.

Although, keep in mind that even though older rigs are sturdier they usually have more issues and bigger problems. For example, most older truckers need a total engine rebuild around 700,000 miles! Plus, are the axles, tires, transmission, suspension, and more in good shape?

Have you considered insurance? Legally you need it to keep your truck on the road. Insuring a brand new rig will add more to your monthly bills. Driving without it could leave you with huge penalty fees, especially if you’re involved in an accident. Generally, trucks with cheaper values have cheaper insurance rates, but if you have a bad driving record your rate could skyrocket. Watch out for those speeding tickets!

This may seem obvious, but trucks with all the bells and whistles cost more. Do you want an automatic truck? Do you make overnight trips? If so, do you want a medium-sized sleeper or one with an extended roof?

As mentioned above, older truckers are often built a bit sturdier. This comes in handy with the resell value. If you’re looking for a truck to start out in then make sure you get something you can resell later when you’re ready to upgrade. Avoid a cheaply made new truck that you will have trouble flipping later.

At the end of the day, you’ll still have to consider all of the maintenance costs. Gas, which is cheaper in newer, more fuel-efficient rigs can really add up. Maintenance like oil changes and tune-ups, taxes, filing fees, repairs, and more may cost more on an older rig too.

Don’t just head down to the lot and pick a pretty color, research your options and go with a list of what you’re looking for in a new or used rig to make sure that you get the best option for your current financial state.

Get That Rig and Get to Trucking!

If it’s the right time to get your first new truck, a new to you truck that’s used, or upgrade to a better truck then go for it! It’s a great feeling to go down the road in something that’s totally yours. Just make sure that your finances are in order and you take the time and consideration to find your perfect match.

For more trucking tips visit ExpressTruckTax.com, be sure to share your truck buying experiences in the comment section below.

Are You Healthy Enough To Keep On Trucking?

One of the biggest concerns on the road is safety. Everyone passes accidents big and small, and we’re sure you have a good amount of stories of about the crazy things you’ve seen happen on the road, that caused traffic to back up for miles. We’re also sure that you don’t want to be the reason for or involved in one of those accidents.

Truckers need to know when to drop off their last load and hang up their keys, before their health declines and affects their driving. Know the health risks associated with aging truckers in order to be able to live a healthy lifestyle, and when to call it quits to spend the wonder years with your wife, children, and grandkids.

Health Risks Associated With Aging Truckers Include:

Sleep Deprivation

Sleep deprivation, which we know, eye roll, you’ve heard about how driving tired is dangerous your whole life, and they hammered that fact home in driving school, but it actually leads to a lot of issues behind the wheel.

Most truckers get 6 hours of sleep or less a night, which is fine for the young bucks who remain energized and alert, and you might say well coffee helps you stay awake, but with age comes exhaustion.

Driving while exhausted impairs judgment, visions, decision making, affects short-term memory, increases aggression, and more. If you’re too tired you don’t need to be filled with road rage, leaving skid marks all over the road. Make sure you get the rest you need to have the energy to safely keep driving.

Obesity

The next one, obesity sneaks up on you. One day you’re enjoying a super-sized meal as per usual, then the next day your jeans are too tight. Now it’s great to be fat and happy, we aren’t body shaming. Heck, it’s even healthier for some people to have meat on their bones. However, there’s a fine line between fat and happy and at risk.

Obesity takes years off of the life with all the pressure it puts on your heart and leads to heart attacks, high blood pressure, strokes, and more. Now we aren’t saying do a 100% diet change and run 10 miles a day, simply make a few changes here and there.

Go for something healthy like fruit or nuts to snack on instead of chips and sweets. Don’t go for the burger and fries and steak every time, pick a salad, wrap, or grilled chicken option instead. Places like Denny’s and Waffle House do have smart heart options.

Also, try to get your blood pumping a little. Take a 5 to 10-minute walk around the truck stop store every time you stop to use the restroom and look up ways to do light strength training in or around your rig.

Smoking

Do you smoke? Over half of truckers do, so there’s over a 50/50 shot that you do. We won’t bore you with the usual facts you’ve heard over the years about smoking causing cancer, ruining your skin, and taking years off your life, but there are a few things for smokers to consider.

Smoking ruins your sleep. On average smokers sleep even less than nonsmokers do, increasing levels of exhaustion and driving impairment. It also raises your blood pressure, leading to an increased risk of heart attacks and strokes. So, if you want more energy to add more years of safe driving under your belt, with a healthy heart consider kicking the habit.

Also, are you prepared for the ill effects of smoking? If you do get cancer or one of the other major health risks associated with smoking can you handle more time in the doctor’s office for treatments and less time on the road due to being sick? Will your insurance handle the bills and will your family be alright financially if something happens to you?

At the end of the day take a look at your pack of cigarettes and ask yourself if those death sticks or worth harming your quality of life or not.

Depression

You may not have realized it, but some truckers are sad. With long hours on the road that are often spent alone, they get disconnected from other people. Then with added factors like obesity, sleep deprivation, and a smoking addiction can lower self-esteem.

Can you handle the hours alone on the road, or are you ready to retire and spend quality time with your family? A few ways to entertain your mind and keep your spirits high include talking to your loved ones. Call your family daily and see what they’re up to. Develop good relationships with your dispatcher and fellow truckers.

Plus, to feel good about yourself you can listen to educational podcasts or add some reading material to your routine before bed to learn and entertain your mind. This way you won’t feel like you’ve wasted your brain with endless hours of boredom.

You can also eat a little healthier, take a walk in the sun, or add a little exercise to your day to naturally feel better with some nutrition and by getting your blood pumping a little. You’d be surprised by how much better you can feel by making a few minor change to your routine.

Keep on Trucking!

We know you aren’t ready to give up the freedom of the open road. Heck, trucking is in your blood, what would living be without it? However, your health and family are also things to consider. Make sure you’re taking good care of yourself to add more years on the road under your belt, and to have a long time enjoying quality time with your family during retirement.

Be sure to share with us your tips on staying healthy while on the road in the comment section below and learn more tips about trucking at ExpressTruckTax.com.

Involving Drivers In The Freight Logistics Process

Featured Blogger
Benjamin Bellville

Involving drivers in the freight logistics process can be a great way to boost your overall effectiveness when it comes to moving freight and customer relations. Many small trucking company owners don’t understand that this is a process that begins with the hiring of their drivers. First I’m going to show you some things to look for in employees that you will want for your company, then I will outline the ways you can involve them in the freight logistics process and the benefits it will afford your company by doing so.

Driver Hiring Criteria
When you are going to involve your drivers more in the day to day operations decisions you will need to look for a certain type of driver. Just because a driver has a clean driving record and good recommendations does not necessarily mean they are the driver for you and your approach. Here is what you should look for in the interview process.

  • Are they business minded?
  • Do they have strong organizational skills?
  • Do they have great communications skills?
  • Do they look professionally presentable?
  • Are they experienced in trucking company operations?
  • Do they know how to use a load board and book freight?
  • Basic computer skills?
  • Are they safety and compliance minded?
  • Do they believe in driving fuel efficiently?
  • Can they perform basic mechanical tasks?


This is just the tip of the iceberg here, and will be dependant on just how much responsibility you want to give your drivers over time. Important to remember is that many truck drivers choose to drive for small companies because they are made to feel like they are more a part of the process and that what they think matters. This type of approach fosters confidence in your company and has a higher retention rating than just treating them like another number in a truck.

If you feel they may just be inexperienced in the industry but are business minded enough to train then by all means give them a shot. Sell your company as a building ground for drivers to build their own business within your business while providing them all of the tools and help they will need to some day branch out on their own. Include them daily in the freight logistics process as by involving drivers you will be shocked at what they are truly capable of. After all they are the ones with the real road experience who have a better idea of what it takes to get freight from point A to B that someone in an office has to guess at.

Teach them how to be your eyes and ears and as a group your company will virtually run itself. Why more companies don’t understand this I will never know. They treat drivers exactly the way they are stereotyped in the news and by society, how does this make a driver feel good about working for you or make them truly care about your business success?

I hope this week’s freight logistics posts have given you much food for thought and an idea of how to approach this topic when you start your company or how to make things better in your current company. Of course this has just been some highlights meant for a basic understanding, it’s up to you to unlock the approach that makes you most comfortable and that you feel provides you the best chance of success.

Did you know that when you start a trucking company you need to file for your HVUT taxes before you can obtain your IRP? Why not let Express2290 show you how they can save you money with fast electronic filing.