BOX TRUCK vs SEMI TRUCK - Which is Better Business?!
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- Опубликовано: 17 июн 2024
- Are you eager to launch your own online bookkeeping business but unsure where to begin? I provide you with a detailed step-by-step guide to kickstart your journey as a bookkeeping entrepreneur. Discover essential tips, tools, and strategies to succeed in this lucrative field. Watch now and take the first steps towards financial independence and a thriving online bookkeeping business!
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Man, your videos are gold. Accounting+trucking. There is nothing better than that.
I can think of a couple things better than that, but I love your optimism!! Thanks for watching 😃
I used the Rand Mcnally. So did most of my coworkers.Excellent! Highly recommended.
Good choice!
@@BookkeepingExpert Thanks 😎
Congratulations! I learn so much from your videos. Thank you for sharing your knowledge and show us your operations.
Thanks! I’m happy to help
@@BookkeepingExpertSo since you contacted a job agency to hire a driver, your not responsible for payroll or payroll taxes ? Will it be considered as a regular line item business expense?,
One of the best and honest videos I’ve seen on RUclips. I’m in the same boat, I’ve been running my box truck business in the same manner, from the top. I just put my box truck for sale and will be purchasing a semi truck applying the same method and principles.
I didn’t think about finding a driver through a staffing agency, thank you for enlightening me.
Best of luck!
Semi truck depreciating 1000 dollars a month will be worth 0 dollars after 5 years. Can I buy it for that price in 2028 ? I think formula for depreciation is applied differently
Very informative. Thank you
Glad it was helpful!
Thank you for your honesty regarding the true numbers. Most RUclipsrs gloss over the hard numbers, My biggest concern is your fuel mileage. I have been at this since 1996, and back then fuel was $0.80 per gallon, so we could afford big motors 525 -550 HP and our trucks were ungoverned. Back then my fuel mileage was about 5-6 MPG. Today with the high fuel cost you need to be at 7-8 MPG. You achieve this by having the truck governed to a reasonable speed, and being at not more than 455 - 475 HP. You local truck dealership can plug your truck ECM to a shop computer and they can configure the proper settings for optimum fuel efficiency. All the best.
Can i ask a question. Was it normal for the dealership to cover just 50% of his repairs? Especially when the truck was recently purchased? Can he still get extended warranty now?
@@tanylogisticsgroupllc7052 Truck Warranties come in all forms and in all manner of fine print. You have to carefully read through the warranty and understand what is covered and what is not. I remember in 2002 I purchased a 1999 VNL 770 with 525 CAT 13 speed Eaton Fuller Manual. Little did I know that Volvo and Caterpillar were going through a legal tussle that would cost me $26000 for a new motor out of pocket as by 2004 the truck had a check engine light that would not go away. I took it to Volvo and they said take it to CAT and vice versa. In the end it appeared that no one was interested in fixing my problem and cylinder 5 failed when I was under a load. Fortunately for me I still owed $14K to Associates Financial who were a really big Truck Financing Company at the time. I wrote to them and nothing happened for weeks. Fortunately I had a 2002 Freightliner that a Driver had quit a few weeks before so I was back on the road in a few days. This problem with the Volvo Warranty and CAT did not go well for almost 3 months. Eventually I bought a remanned motor put it into the truck and put it back on the road. I sued all three companies for failing to honor a warranty. As soon as my lawyer filed the lawsuit they settled within 20 days and sent me the title on the truck with a big fat check. To answer your question, anything can be expected when it comes to a warranty including my horror story. Keep on Trucking. God Bless.
@@tanylogisticsgroupllc7052 Here is another warranty horror story. A friend of mine bought a Peterbuilt from a Dealer in Biloxi, and got the usual 500k / 5 yr warranty, and encountered engine
Trouble in Spokane. He was towed to a Peterbuilt Shop in Spokane only to find out that the warranty was only good for repairs at the dealership where he bought the truck, so any break downs out of town were not covered by this warranty. Towing a truck 3000 Miles to MS at $5 a mile is no laughing matter either. Anyways these are some of the things you learn when you get into the business. Save your money. Keep a Good Credit, because when it rains it pours. Don't do dump stuff like paying for fuel and tires in cash. Get a credit card and use the banks money. You never know when you need cash in this business, and when you do need it, it's a boat load that can put you out of business quick. I cannot stress this point. Save your Money.
@@Dan13Speed Thanks Dan. Well detailed analysis. Yes extended warranty are always tricky and will never cover everything anyway. I am glad you mentioned it. When it pours, it rains lol. Those towing fees are never friendly. One motor blow up put my friend out of business for months . He was looking at over 30k for repairs, plus towing. May God bless our hustle. Stay safe.
I always try to be honest
Very informative video! Keep up the great work.
thanks!
Thanks very much I am retired from 1 carrier and working again for another company which I planning a second retirement. I have the funds to purchase a truck and and start my business. I plan on modeling my business in the same manner which you have done. Congratulation on becoming profitable! I have been trying to decide if I wanted to start box truck or semi your trustworthy detailed analytical presentation has been a tremendous help. Again many thanks.
Thanks for watching!!
Thank you for this video.
You're welcome!
You, Sir are an absolutely amazing and brilliant Gentleman. You have zero experience driving a truck, however, you are an analytical manager who has used intelligence to solve unknown problems. You are highly inspiring and have helped me realize that I must push past my fears, take calculated risks and then take a step towards success.
That’s the nicest thing anyone has told me in a long time
Thanks buddy I needa this today ❗️
happy to help
You have the best approach to the business. Congratulations.
I appreciate that!
@@BookkeepingExpert you're very welcome!
Big congrats to you!!!! 👏🏽👏🏽👏🏽🥳
Thank you!!
Great !! Congrats
Thanks!
congratulations!! Ive been keeping up with your journey for months now and im so happy to see the profits coming in! Box Trucks might not be the move anymore
Zach is doing a good job. Box trucks are profitable for many, depends on your business structure. There are people with 20 boxes and will never go near Semi for once. It varies per individual. Semi is the sweetest of course if you dont have a driver problem, def problem, water pump issues or motor blowing up.
Thank you!!
The 8% you’re paying your dispatcher is reasonable!! You’re doing great, why do the dispatching when you can find one and establish a great relationship with them. You already have other tasks on your plate.
Ignore the critics!
I appreciate your support
Love your video! Straight to the point😅 I’m a numbers girl so I need to see the NUMBERS
I’m all about the numbers!!
You are the goat for this information
Thanks 🐐
Hey boss loves your video l will love to get a good dispatch to start my own truck to be able to get some work I'm still having bean able to get my truck but soon thank you so much for your video very helpful
I have a good dispatcher I can recommend me. email me. zach@harrisburgbookkeeping.com
Keep it coming bro.
Will do
Good for you
thanks
Hey im glad to see your progression! Cdl was the best choice i ever made. Also is that neffex i hear? Niioce!
Thanks!
really good man honest❤
Thanks!
You earned my subscription. Thinking about owner and operating my own truck. Never been on one before any advice ?
Learn how to dispatch your truck
thank you for the video. Do you have any advice on places to look for semi trucks if I want a good deal
truckpaper.com
Great video
Thanks!
Your are amazing
Thanks 🙏🏻
Glad you are making a profit, however I feel you should be making closer to $4/mi on all your miles in those 2 weeks. If a driver stays out at least 2 weeks, you should make good money, but the ones who want to be home every week, those trucks won't make much money based on my experience. I personally have owned trucks since 2013 as a business owner and do not have a CDL. I lease my trucks to the trucking company in which I work for and I dispatch my own truck. I pay 9%, 53' Dry Van Trailer Rental cost, IFTA, ELD, Cargo Insurance & Physical Insurance for Trailer.
As for routing the driver, I personally do not advise my driver on what to take because you have to think about no truck routes and low bridges and if you route your driver incorrectly, you can put him in a lot of trouble which could come as a huge liability to you. Fuel is eating up $0.71 - $0.86/mile if your truck gets 5 - 6 miles to the gallon.
Do you know what your truck is getting MPG? Also what is the weight of the loads in which you are taking? Also, this is a truck you bought from the dealership right? Did they give you virgin tires for your drive tires or did they put recaps on the drives? If its recaps, then get ready to spend a lot of money on those drive tires as you get into April and May and things start to heat up outside. That will be $300 - 400 per tire times 8 = $2400 - $3200 . Most dealerships generally put on recap tires on the drives just as an FYI.
I would love $4/mile
What are the best companies that pay 3-4 per mile?
Good luck
Thanks, you too
Congrats on being profitable :)
Appreciate it!
My Friend
Good afternoon
Is a very good start
Congratulations
BEST REGARDS
5 March 2022
thanks!
Truly inspirational. Imagine if you Cash in the money of doing the miles your self!
That is like another 3/4k.
I my self as a truck driver i can make it grow so much faster.
Im located in Montreal Canada and looking to do reefer and long haul to the states.
Cheers and thank you.
A lot of money to be made for owner operators!
I like to also work with your dispatcher!
He doesn’t do dispatching anymore 😔
God bless 👍
I appreciate you!
Hey I would like to know did you buy the trailer also or just the semi?
Just the semi
I got it wrong!
7k as a driver and as a boss running it is another 3,5k
That is 10.5 k in 2 weeks double that for a month!
That is 21k monthly all payed!
Id say 200k net a year!
You buy another 2 trucks and run the rest your self!
Done!
I love this idea.
It's a great idea!
Some factoring companies will also have a fuel card with good discounts.
I used the EFS card with TAFS
Great video! Question: I just started a box truck company and am only able to drive Amazon right now. I am paying my driver $25 an hour. Should I instead change this to per mile? If so how much? I am in Denver Co. Or should I continue paying $25 and only pay when the truck is moving and not for idle?
I would pay the driver $150/day or 25% revenue
@@BookkeepingExpert at 25% revenue no one would work and I would have 0 employees. Amazon is paying $2.30 with 150-200 mile deadhead.
@@jovanymiranda9926what did you do to have someone working for you
Great!! Would you help your dispatch by getting another client? I'm looking for a good one. And what's the staff company?
email me zach@harrisburgbookkeeping.com
Honest #, I would like to know any information from your dispatcher, please
You can email me and I will send his information. zach@harrisburgbookkeeping.com
Hey man congrats.. Do you mind sharing the name of the staffing agency?
Email me and ask me
nice video. congratulations.
one question: your drive go back to home every day or weekend?
Every weekend
420....great number!
it's a number for sure
Please advise how to source a reliable dispatcher. I am about to get a semi.
I've been out of the game for 9 months, I'm not sure, I'm sorry!
Great videos, very educational...thank you!
Who is your dispatcher?
Do you need a 26’ or 53’ dispatcher?
@@BookkeepingExpert for now 26’ and in 6 weeks 53’…
@@historyhub918 call Tom at (610) 216-8090 tell him I sent you
@@BookkeepingExpert thank you so much!
Great video. So what's more profitable; Semi or Box ?
Semi
what about a cdl straight truck with a moffet flatbed?
I'm not sure. I never owned one before
Great! May I know your semi brand, year and mileage? Thanks.
International prostar 2016 550k
Hi when starting up box truck business I gonna have to get eld or no
Yes, you need an ELD
Great video! Is your dispatcher taking new drivers?
no i'm sorry
Can you add the staffing company that helped you with your driver?
I like to work with them, I can say you referred me.
Email me and I'll share their info. zach@harrisburgbookkeeping.com
Hello, can you give info of the company that helped you find drivers
Yes. Email me. zach@harrisburgbookkeeping.com
You did the box truck that helped you to get the big truck. Could you be doing okay if did not do the box truck?
I wish I would have started with a semi truck in the beginning
For As hands off as the business m.o is , a 15% net isn’t bad.
It’s all about establishing the foundation for sustained growth 🚀
What yr is your semi and did you purchase directly from International
2016 yes
@@BookkeepingExpert thank u
I’ve seen drivers achieve 9 or 10 mpg by driving slower and idling the truck as little as possible, depending on the age of the truck.
that's really good MPG!
Did you rent or bought your own van ?
Bought
Where or how do you get a dispatcher?
Talk to other truckers and see who they use.
How many trucks do you have?
1
Hey, how can I get in touch with you?
harrisburgbookkeeping-schedule.as.me/schedule.php
6.6 mpg seems kinda low for a modern late model tractor?
It depends on the roads and the weight of the load.
Who is the staffing agency?!!!
www.gocdl.com
Certain Box trucks require a CDL. Class B for any single vehicle weighing more than 26,001lbs.
Right!
I’m thinking most people in trucking vote for the man with the best energy policy.
Energy policies are important!
I hate driving semi trucks; managing 18 tires, tire deflates on the way and waiting longer time for repair. I am planning to buy box truck which have less tires with less hassle.
I hope you have great success! Reach out to me if you ever need help with your bookkeeping or taxes www.harrisburgbookkeeping.com/services
My brother how can I reach you ????
Schedule a 1-on-1 call with me anytime www.harrisburgbookkeeping.com/scheduling
Nice video, but you never answered the question of Box truck versus semi truck
There is no right answer. It all depends on your situation. I prefer semi truck
I wanna work with you as driver
Is it possible pls?
No, sorry! I sold my trucks in 2022 and close my business.
You were misinformed. A tire pressure gauge is best for checking tire air pressure. Get an ezpass if you are going to run in areas that have tools. It's good for everything in the northeast, TX ,OK, KS, IN, OH, IL. Also look into the combo transponder that will let your driver bypass some (a lot) of weigh stations too.
The EZ pass has been working great 👍🏻
What logistics company pays 3$ per mile? Anyone?
I have no idea anymore
Bruh, please DATE your videos! Thanks!
Like put the recording date in every title?
And guys always remember , if you want money and to be successful , you take risk and hard work , if under your eyes don’t look as blue as this guy you’re not working hard enough 😂 peace and love fam
😊
So ur driver profits more than u ?
Yup
Not good mileage
What's good mileage?
My name is Matthew adams I'm looking for a good dispatcher if there any way u could share company u dispatch with would help me thank u for your content I wacth u everyday
Yup, send me an email. zach@harrisburgbookkeeping.com
Randy mcnally is not that reliable on the lower cost unit
interesting
@@BookkeepingExpert Seriously I'm a flat bed truck driver and sometimes my navigation will say that the address is on the left when it's actually on the right or around the corner from the destination looking to replace my soon
Way too much for that factoring. A.S.A.P get that factoring company out of your pocket.
RTS is 2.5-2.75% next day or same day wire @ $10. If all docs are received by 12 CST.
i know
@@tanylogisticsgroupllc7052 yes RTS is awesome!
You could lose the song…
I love that song
Mane you paying way to much for dispatching I can get you hella loads for much less hmu if u acually serious I’ll show u my bol the last 30 days you’ll be surprised for a box and semi
right
Lmfao
you can get more with companies that pay around the same or more AND help with fuel...
A lot of options out there
I need your contact bro.God bless you!!
www.harrisburgbookkeeping.com/scheduling
@@BookkeepingExpert I've been on the fence between box or semi, and mainly because I know someone with a box that does great and also know someone with a semi that does great.
@@BookkeepingExpert Question: What State did you form your LLC, does it make a difference when getting insurance, Im in So Cal, and wondering which is the best strategy and state to incorporate to save on insurance, as you know this is one of the big ticket items, when it comes to setting up a logistics business. Also could you send me the info for you're insurance company, I would like to get a quote in the future, and compare them to company that insure new Authority, like progress or Ooida, thanks in advance.
God Bless