2021 Trucking Authority - Start Up Cost

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  • Опубликовано: 12 сен 2024
  • 2021 Trucking Authority - Start Up Cost

Комментарии • 292

  • @barbarabutler1934
    @barbarabutler1934 2 года назад +17

    This is literally the best video about trucking on you tube.

  • @lukestone7436
    @lukestone7436 3 года назад +25

    Nice Breakdown Brother! I'm going to speak for others, who may not speak up... that was a very informative presentation!
    Thank You!

  • @garyevans43
    @garyevans43 3 года назад +7

    Loved your video and how detailed you are with rookies and newbies just starting out. You rock! Keep up the great work and the awesome video's, I cannot tell you how much I appreciated watching this with the all the useful information!

    • @nicklestomillions2
      @nicklestomillions2  3 года назад

      No problem

    • @samtour8545
      @samtour8545 2 года назад

      @@nicklestomillions2 bro you said if I wanted to know name of the insurance company just ask

    • @nicklestomillions2
      @nicklestomillions2  2 года назад

      @@samtour8545 Greatwest Casualty

    • @samtour8545
      @samtour8545 2 года назад

      @@nicklestomillions2 thanks bro. I'm based in Nashville TN area. Hope to meet one.

  • @brjackson0820
    @brjackson0820 2 года назад +2

    I'm in Memphis. Really appreciate this breakdown. Will be looking forward to future videos.

  • @travissk5036
    @travissk5036 2 года назад

    Thankyou!
    One of the best explanations on how to start a trucking company.

  • @allenchambers4917
    @allenchambers4917 3 года назад +10

    Great video man like how you broke everything down, looking in to starting up my own truck

  • @scottberg4047
    @scottberg4047 2 года назад +4

    You did a great job of breaking it all down. Definitely one of the better breakdown videos.

  • @triki-beats
    @triki-beats Год назад +1

    WOW the details !!!
    New trucking channel added to my subscribtions :D

  • @miquailowens4338
    @miquailowens4338 2 года назад +1

    Better than a lot of videos out there pretty straight forward thanks family keep it coming

  • @nawneetheladytrucker1646
    @nawneetheladytrucker1646 3 года назад +6

    Awesome video!!! Thank you so much for amazing, information! I'm in the beginning stages of becoming an owner operator and you answered alot of questions!

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +2

      No problem, it’s a good time to become in o/o, Freight rates are thru the moon. If you’re leasing on to a company make sure they’re paying % of the load. There’s company’s out here paying 90% of the load. Find one of them. And save save save your money this year, freight rates aren’t going to stay up this high forever

    • @simontemplar4338
      @simontemplar4338 2 года назад

      Excellent man thank you, so your first 2 yrs. With your authority you can't add trucks to your insurance for probation?? Is there a way around this??

  • @nyiekbrown9237
    @nyiekbrown9237 2 года назад +2

    Appreciate the detailed information. looking forward to more videos.

  • @roland2683
    @roland2683 3 года назад +2

    Great breakdown on fees for starting out. I am getting ready to come out this next year.
    Just paid off my home, so everything I make will be for the business.

  • @dedrickmoney7438
    @dedrickmoney7438 2 года назад +1

    Great video. I learned a lot about how to get started. I am on dry van side. I took a lot of notes. I appreciate the information. Thanks. I in TN as well. Maybe we’ll run into each other

  • @EdiatTingDat
    @EdiatTingDat 3 года назад +2

    Hey bro I just say ur channel and the info ur giving is really good because I’m planning on getting my CDL and start a tracking career so I’m looking forward to watch ur next video

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +2

      I appreciate it, stay tune I should be making another video soon showing loads on the load board in different areas

  • @AKAK-WiQ-EX-8-1-9-7
    @AKAK-WiQ-EX-8-1-9-7 11 месяцев назад

    Thanks for the video brother, keep up the good work.

  • @tahliciastarghill
    @tahliciastarghill 3 года назад +3

    I'm here because Progressive just quoted me 30k too😫 Thank you for sharing your insurance provider.

    • @leonardfracassi8126
      @leonardfracassi8126 3 года назад +1

      Don’t feel bad I’ve had my CDL since 2007 no accidents no tickets no violations I just filed for my new authority I have all my shit in line ready to go got my tractor progressive really quoted me like $25,000 because I’m a new authority it’s crazy

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +5

      ​@@leonardfracassi8126 Try Great West Casualty

    • @sweetwonkahallelujah7016
      @sweetwonkahallelujah7016 3 года назад +1

      @@nicklestomillions2 thats what I been lookin for…a decent insurance policy

  • @geoestrada5001
    @geoestrada5001 3 года назад +3

    Yeap you are taking the right direction for getting a new authority it’s alot of responsibility thanks for letting us know this great information. Drive safely

  • @ShaQuanBuffaloe
    @ShaQuanBuffaloe 2 года назад +1

    Very clear and informational video! Thanks for the help.

  • @adamparvin3142
    @adamparvin3142 3 года назад +1

    This is a fantastic video. Keep it up! Very informative and well put together

  • @jermainedeshad
    @jermainedeshad 2 года назад +1

    Very Good information...I have truck and it's paid for..I've thought about getting own authority but I do good with company I run with..

  • @jacytrucks8540
    @jacytrucks8540 2 года назад +1

    Wish he did more, from Tennessee also. About to jump out on my own.

  • @WnderWman9185
    @WnderWman9185 8 месяцев назад

    The insurance company is Great West Casualty and yes he is still in business.

  • @kfrice3365
    @kfrice3365 2 года назад +1

    Great video. We need more from you. Hows everything going?

  • @akeemanderson2833
    @akeemanderson2833 3 года назад +3

    Good job my brova ✊🏽✊🏽💯 I’m getting my authority in June

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +4

      I appreciate it, Its a good time to get your authority, Freight Rates are thru the roof now. I just done my best week at $10,650 at 2600miles

    • @akeemanderson2833
      @akeemanderson2833 3 года назад

      That’s good money my brova keep grinding

    • @ItsLizzB
      @ItsLizzB 3 года назад

      Can’t wait!! We working on ours to get it in July!

  • @kasmith1953
    @kasmith1953 Год назад

    great video very helpful, thanks

  • @HP-uk1zo
    @HP-uk1zo 2 года назад +1

    Thank you for this typical trucking video. It'll help me a lot in my decision to be a truck owner.

  • @gbsavc
    @gbsavc 2 года назад +1

    Thank you so much for this, super helpful!
    Subscribed

  • @laticiabraxton3006
    @laticiabraxton3006 3 года назад +1

    Thank you for this video. I’m not a driver, but will be hiring my cousin to drive for me and I’m planning to buy my first truck & trailer by the end of year. It’s all a bit overwhelming but your video was full of really good information. Love that southern accent too! God Bless

  • @michaelsmith5287
    @michaelsmith5287 2 года назад

    Great Info Bro. Thank you .. I like how you broke everything down💪💪

  • @saidyahya7184
    @saidyahya7184 3 года назад +1

    Very informative. Thanks a lot keep up the great work

  • @bigstaff666
    @bigstaff666 2 года назад +1

    Great video thanks for the information, I have a question is 2K reasonable cost to ensure that my company to be in compliance?

  • @earlylearner3503
    @earlylearner3503 Год назад

    Yes bro please let us know about your insurance co, progressive is crazy expensive. Great video and appreciate for any info, keep it on 👍👍

  • @kennethfrank656
    @kennethfrank656 3 года назад +1

    You're a natural. Nice and simplified. Much appreciated!

  • @redleader
    @redleader 3 года назад

    Good stuff. Thanks. You are doing it just right. Good smart financials. Keep it up.

  • @youngun1978
    @youngun1978 2 года назад +1

    Appreciate you! Good video

  • @devonnader6883
    @devonnader6883 2 года назад

    Very helpful video,I really appreciate your information. Peace be with you.

  • @draleighd
    @draleighd 3 года назад +2

    What dealer did you get your truck from? ... Make sure to change the o rings and the oil suction manifold and get an overhead engine adjustment after 500k miles on that particular truck and change the fuel pump after 700k miles. That will get it to 1million miles

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +5

      Freightliner out of Little Rock, Ar. I do my overhead once a year and do a oil change grease job every 12k miles.

    • @draleighd
      @draleighd 3 года назад +3

      @@nicklestomillions2 10-4 good deal. The oil suction manifold is probably the most important thing to change on these trucks after 500k. You carry a reset tool or software? I use OTR performance but the nexlink is cheaper.

  • @antoniohardy7416
    @antoniohardy7416 3 года назад +2

    I’m a new driver but plan on doing my own thing. What’s the name of the insurance company you went with.

  • @joesmo113
    @joesmo113 3 года назад +1

    Great video man thanks for breaking it down.

  • @EuroGuy85
    @EuroGuy85 2 года назад

    great video and all, but my mind can't comprehend the fact that your mail icon has over 25K messages! you obviously aren't ocd! i couldn't let my mail messages reach 10 before I have to clear that thing, let alone 25K

  • @2WheelDyl
    @2WheelDyl 3 года назад +2

    Great video and great info! You got my sub. Question for ya... for setting up authority alone. What would you say the total cost of that was? Thank you sir!

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +2

      It depends on your insurance cost. If you file all the paperwork yourself, you’ll looking at around $2,400 - $5,000

  • @SuperAbbs77
    @SuperAbbs77 2 года назад

    You did great hun awesome info thank you

  • @jeffgibson5062
    @jeffgibson5062 3 года назад +1

    Great video man, Can you show the board for Arkansas when you do some load board videos, I’m getting my authority together plan on running Arkansas a lot bc I live there. Thanks

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +1

      Will do, Just been to busy to make some videos, But I will say that Arkansas is a great area. I run out of Blytheville AR all the time

    • @jeffgibson5062
      @jeffgibson5062 3 года назад

      Right on man look forward to some more videos

  • @titusrandle5736
    @titusrandle5736 2 года назад

    Great video G. Took some pressure off this process, would you mind showing the Houston area load board?

  • @conniebass6302
    @conniebass6302 2 года назад

    What's the name of the insurance company? Great video!!!!!

  • @mauriceharrington8623
    @mauriceharrington8623 2 года назад

    Great video. Thanks for sharing!

  • @josuemichel409
    @josuemichel409 3 года назад

    This video is very helpfull. Thank you for sharing

  • @denathomas3928
    @denathomas3928 2 года назад

    This was awesome. Thank you. Stay Safe

  • @michaelc2608
    @michaelc2608 3 года назад

    Break down was plain and simple..💪🏾💪🏾💪🏾

  • @LLBxGrizz
    @LLBxGrizz 2 года назад

    Great video but to all the newbs to the industry know your worth and DONT HAUL CHEAP FREIGHT!!

  • @averyjohnson675
    @averyjohnson675 3 года назад +2

    Taxes? Where did you get the insurance from? Good video. 👍🏿

  • @mewithouttherandomnumbers
    @mewithouttherandomnumbers 3 года назад +1

    It's better to overpay for a good truck than to underpay for a bad one.

  • @RoyallKing629
    @RoyallKing629 2 года назад

    👍🏽👍🏽 good job brotha very needed

  • @stevengaston9195
    @stevengaston9195 3 года назад +1

    Good Afternoon Bro .. Great Information Man .. Thank You 😊🙏

  • @wirelessone32704
    @wirelessone32704 3 года назад

    Great content bro. Waiting on more from u...

  • @jaygreig3586
    @jaygreig3586 2 года назад

    Very Helpful. Thank you.

  • @curtisbarlow3670
    @curtisbarlow3670 2 года назад

    Good video my brother 👊🏾

  • @aludimusic1890
    @aludimusic1890 2 года назад

    Hey. Cool video. What are the best places to get good loads ? How do you pay your taxes , how frequent?

  • @Truckingttt
    @Truckingttt Год назад

    Hey my brother it's been a year since the last video can you update us on how your doing...

  • @foreal3910
    @foreal3910 2 года назад

    Great tips! Thanks.

  • @kennethpowers3090
    @kennethpowers3090 3 года назад +2

    Is it a big difference in pay for O/O with their own authority vs operating under someone else's or a major carrier?

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +3

      Yes, It's a huge difference as long as you set up right. The key is low cost of operations. Don't use any factoring or dispatching companies. Save your money and dispatch yourself

    • @kennethpowers3090
      @kennethpowers3090 3 года назад

      @@nicklestomillions2
      Thanx 🤝🏾

  • @thefishingtrucker5605
    @thefishingtrucker5605 2 года назад

    Great video you keep it a buck but brah where did you find that insurance i need that dawg

  • @2Pish
    @2Pish 3 года назад

    2500 miles, so even if you don't run that hard, you can still net 100k a year, that's not bad

  • @owentrammell9527
    @owentrammell9527 Год назад

    ✊🏾Thanks Maane

  • @j.jayames7224
    @j.jayames7224 3 года назад

    Excellent Video Sir.

  • @nanaboateng3891
    @nanaboateng3891 Год назад

    What is the insurance brother good explanation… watch it more than 200x

  • @adonijahtaylor547
    @adonijahtaylor547 2 года назад

    Do Denver loadboards for flatbed on truckload please!

  • @lifeexperiences5256
    @lifeexperiences5256 3 года назад

    Thanks for sharing

  • @foreal3910
    @foreal3910 2 года назад

    Thanks for the info

  • @jaxxtraxx
    @jaxxtraxx 3 года назад +1

    Good job my brotha

  • @ldg1866
    @ldg1866 3 года назад +1

    What is the insurance company you used

  • @mablanton
    @mablanton 3 года назад

    Thanks for info very helpful

  • @tittat2440
    @tittat2440 3 года назад

    Mpg try slow to like 57mph get easy M0g jus set out early to save time

    • @nicklestomillions2
      @nicklestomillions2  3 года назад

      No way I'm going 57mph. That'll take forever getting anywhere. I broke it down to 65mph. So I'm getting 6.5mpg to 7mpg Fully load at 78k

  • @jonnyjohn1336
    @jonnyjohn1336 3 года назад

    Great vid bro!!! Which insurance company you went with? I been getting crazy quotes out here in Louisiana

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +2

      The Insurance company name is Great West Casualty. They're a good company for new authority's if you don't plan on adding more than 1 truck for the first 2 years. Keep in mind I have 8years experience with a clean record. This year it went down to $745/Month. Give them a call they should hook you up with an Insurance Broker and they'll give you a quote. Hopes this help

    • @jonnyjohn1336
      @jonnyjohn1336 3 года назад

      @@nicklestomillions2 thanks bro... i run under somebody else authority right now using that insurance company. Imma look into them more i got a quote with OODIA a year ago and they was like 2k a month 🥴... im like i got 10 years experience with a clean record HOW???! Lol.... they said its cuz of the state i live in

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +2

      @@jonnyjohn1336 That's true,You will get a difference quote base on the zip code where you park your truck. Key words "park your truck" Free game you'll get a cheaper quotes if you say you park your truck in states like MS,AL,TN. You're going to pay more in Louisiana. I want to say Louisiana is one of the worse states to get Insurance.

  • @SuperAbbs77
    @SuperAbbs77 2 года назад

    I need your advice I’m in Houston and getting ready to start my business

  • @averyjohnson675
    @averyjohnson675 3 года назад +1

    Taxed 25%, got it.

  • @bigstaff666
    @bigstaff666 2 года назад

    Please do a video on Truckstop Loadboard

  • @Ghost-jq9jz
    @Ghost-jq9jz 2 года назад

    REAL TALK FAM!!

  • @raypacetv
    @raypacetv 2 года назад

    Great video

  • @offbuy
    @offbuy 3 года назад

    Thank you

  • @sweetness2689
    @sweetness2689 3 года назад

    Thanks for sharing your knowledge. You mind sharing the insurance company youre with? I appreciate it

  • @ShaneDurbin
    @ShaneDurbin 2 года назад

    Where’s the videos at big dawg?

  • @dennisvasey1636
    @dennisvasey1636 2 года назад

    Could you do a vid on things you can claim on your tax deductions. Thanks

  • @tamieleo12
    @tamieleo12 3 года назад

    Thanks for sharing!

  • @walkerinmotionllc8618
    @walkerinmotionllc8618 3 года назад

    Dammm good money. Set aside a few dollars for health insurance too.

  • @cochorrorshow1005
    @cochorrorshow1005 3 года назад

    Thank so much for the information. I heard from someone (don't know if it's correct) that you can lease-to-own a truck, and that the lease payments are 100% tax deductible. It would seem if you're going to pay taxes anyway, might as well cover the cost of the lease payment with it...?

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +1

      Yes thats true, But I don't recommend leasing a truck cause the payment could be to high. I recommend paying cash or monthly payment no higher than $1500/Monthly. If you pay cash or go the monthly route, you'll be able to write off the full purchase price of the truck or trailer in the first year.

    • @cochorrorshow1005
      @cochorrorshow1005 3 года назад

      @@nicklestomillions2 I didn't know that. Thanks you.

  • @TY-yj2en
    @TY-yj2en 2 года назад

    I paid 4200 down for insurance, and 1600 a month with no trailer 😅.

  • @no-_-limits
    @no-_-limits 2 года назад

    My friend, what is the Insurance company you used?

  • @anthonystroggins7530
    @anthonystroggins7530 3 года назад

    Good video man I just subscribe to your channel I’m from tn also… I need some info about that insurance if you can provide it

  • @shawtchurchjr
    @shawtchurchjr 2 года назад

    Still got the hookup on the cheap insurance?

  • @jae2457
    @jae2457 2 года назад

    In what range was your credit when you purchased your truck. Xxx-xxx you don’t have to disclose your score just what range were you in if you may please.

  • @imbrandon16
    @imbrandon16 3 года назад

    Ok now I think I got a better understanding I kept hearing people say their truck payment is $1000-$1400 PER WEEK! But I think that may be the lease guys? Fuuuuck that shit! So if you buy it you have a monthly payment. Idk I’m thinking I may have my credit union finance mine

    • @nicklestomillions2
      @nicklestomillions2  3 года назад

      Thats best option. Stay away from the lease payments. And those number are on the low end. Its best to base your numbers on the lower side

  • @godchild5743
    @godchild5743 2 года назад

    Hey Brother what type of camera’s you have and where can I find them

  • @kingme0072
    @kingme0072 3 года назад

    Love your motivation I just got my cdl I want to go the same route I have about 10,000 saved up any tips you can provide

    • @nicklestomillions2
      @nicklestomillions2  3 года назад +10

      $10,000 isn’t enough to get your own Authority. The best advice I could give you is to find a 1099 job that pays % of the load. Work that job about a year or two, Focus on learning how to drive and Maneuver the truck. Pay attention where your carrier is sending you to pickup and drop off loads. Write that down and the pay. That’s a easy way for you to learn the lanes, where to go and not to go. While you’re working that job save your money and build your credit. Within 1 or 2 years you should have about 35k to 40k saved. Go out in buy a cash truck from 12k to 25k get it load ready then lease on to a carrier that’s paying 80% to 90% of the load, Save some more buy a cash trailer then get your authority. Then you’re be set debt free making bank. It’ll only take about 3 to 4 years. Hope this helps and whatever you do, don’t go out in lease a truck

    • @TheGd2812
      @TheGd2812 3 года назад +2

      Save up minimum 100k, have a good paying contract with shippers to take the brokers out (leeches) , get new truck, tent out trailer, new truck will give u 8mpg against 6 n will b low on maintenance and after 5 years u will have a truck tgats about 550k miles on it just like this guy's truck but guess what, u will save by having no payments and ur truck will most likely b still going strong as u have been the sole owner

  • @stephencamacho
    @stephencamacho 3 года назад

    Good looks 🧠🔥

  • @samtour8545
    @samtour8545 2 года назад

    What's the name of the insurance

  • @bigstaff666
    @bigstaff666 2 года назад

    Can you give a link to the AC Logistics youtube channel that you mentioned in your video?

  • @HiteshPatel-nh3eq
    @HiteshPatel-nh3eq Год назад

    hi there this profit week mount ya yers
    ??????????????????????????????????????????

  • @dantewilliams1540
    @dantewilliams1540 2 года назад

    what insurance did you use good brother

  • @QuickAF
    @QuickAF 3 года назад +2

    I would appreciate that insurance company info good information man!