captainmal
05-25-2004, 03:18 PM
That's a joke. Three times in the last week people have contacted me for details on maybe transporting trailers and making some money. I will be as brief and open as I can to describe what 'transporting' is like from my experiences.
Five years ago I retired and 'occasionally' used my diesel 6.5 to deliver trailers. No license and just a few trailers so it seemed like a good deal. Then I got serious. Bought a new Duramax/Allison. It would be a good chance to travel around the country, stop for hunting and fishing and make money. At best it's just a get away from the house.
I get around $1.5 to $1.10 a mile ONE WAY. I also get tolls while towing and a $50/500 mile motel credit (use or lose) for miles towed. My situation as 'paper owner' of the plant does not require a Class A, B or C license and no truck registration for DOT/ICC. I DO have to provide commercial insurance but not for the trailers.
Those transporters like Hoosier, Classic etc. make around $.90 to $95 a mile right now with NO other incentives. Just a year or so earlier some of them made less than $.80 a mile. They literally LIVE in their trucks....day and night. They also must license and outfit the truck for pin, 5th wheel and ball trailers. All equipment is provided by the driver.
Lets get dollar specific. HOPE you have no major breakdowns. Fords lose transmissions and clutches, Duramax's lose everything and the earlier Cummins lose lift pumps and the older automatics. Last year I LOST money for the year towing because of major breakdowns. Actually had a sell my two-year-old GMC for a paper loss rather than deal with the huge monies needed to maybe keep it running.
Two weeks ago I towed Pa. to Arizona. My pay was $2,500. I spent about $600 for fuel, $40 for tolls, $240 for food, paid the truck $.20 a mile, had motels and misc. exp. like cell phone, laundry etc. My expenses totaled about $1,900. I drove 7 full days and covered 4,500 miles both ways. That works out to 7 grueling days at about $90 a day. Less than minimum wage. HOPE the truck doesn't break and HOPE the wind doesn't blow you over (happened to a guy here).
Just did about 17 hours on a New Jersey delivery. Made a profit of about $100 after expenses. Again....$6 an hour. YOU WOULD DO FAR BETTER AS A WALL MART GREETER.
Remember the three days idling and sleeping in the truck during a Wyoming snowstorm? Remember the icy mountain where the trailer tried to pass me up? How about the roof vents that blow off in the rain or the construction zones where each moment is one of terror to get through without crashing. Sleeping in an unheated trailer when it's below freezing or temps are above 100 degrees gets old real fast. Most transporters are NOT even allowed in their trailers to sleep and elect to somehow sleep in their trucks....night after night while showering at truck stops.
That's enough. You got the idea and most transporters make LESS than me. I do remember the great prairie dog hunts and fishing trips paid for by my labor and it has had fun moments but I'm always away from home.
Heading to Florida for a delivery tomorrow. Staying a week more to fish and fool around at a house I have there. Maybe this towing is a good deal after all?????????
Five years ago I retired and 'occasionally' used my diesel 6.5 to deliver trailers. No license and just a few trailers so it seemed like a good deal. Then I got serious. Bought a new Duramax/Allison. It would be a good chance to travel around the country, stop for hunting and fishing and make money. At best it's just a get away from the house.
I get around $1.5 to $1.10 a mile ONE WAY. I also get tolls while towing and a $50/500 mile motel credit (use or lose) for miles towed. My situation as 'paper owner' of the plant does not require a Class A, B or C license and no truck registration for DOT/ICC. I DO have to provide commercial insurance but not for the trailers.
Those transporters like Hoosier, Classic etc. make around $.90 to $95 a mile right now with NO other incentives. Just a year or so earlier some of them made less than $.80 a mile. They literally LIVE in their trucks....day and night. They also must license and outfit the truck for pin, 5th wheel and ball trailers. All equipment is provided by the driver.
Lets get dollar specific. HOPE you have no major breakdowns. Fords lose transmissions and clutches, Duramax's lose everything and the earlier Cummins lose lift pumps and the older automatics. Last year I LOST money for the year towing because of major breakdowns. Actually had a sell my two-year-old GMC for a paper loss rather than deal with the huge monies needed to maybe keep it running.
Two weeks ago I towed Pa. to Arizona. My pay was $2,500. I spent about $600 for fuel, $40 for tolls, $240 for food, paid the truck $.20 a mile, had motels and misc. exp. like cell phone, laundry etc. My expenses totaled about $1,900. I drove 7 full days and covered 4,500 miles both ways. That works out to 7 grueling days at about $90 a day. Less than minimum wage. HOPE the truck doesn't break and HOPE the wind doesn't blow you over (happened to a guy here).
Just did about 17 hours on a New Jersey delivery. Made a profit of about $100 after expenses. Again....$6 an hour. YOU WOULD DO FAR BETTER AS A WALL MART GREETER.
Remember the three days idling and sleeping in the truck during a Wyoming snowstorm? Remember the icy mountain where the trailer tried to pass me up? How about the roof vents that blow off in the rain or the construction zones where each moment is one of terror to get through without crashing. Sleeping in an unheated trailer when it's below freezing or temps are above 100 degrees gets old real fast. Most transporters are NOT even allowed in their trailers to sleep and elect to somehow sleep in their trucks....night after night while showering at truck stops.
That's enough. You got the idea and most transporters make LESS than me. I do remember the great prairie dog hunts and fishing trips paid for by my labor and it has had fun moments but I'm always away from home.
Heading to Florida for a delivery tomorrow. Staying a week more to fish and fool around at a house I have there. Maybe this towing is a good deal after all?????????