If I wanted to run my own truck I would personally try to lease on with this guy instead getting my own authority. You need a nerd to get you the best loads possible
Just a heads up on this video, the logistics industry just got hit with a recession last year, and the company that I'm currently working in barely survived (we handle mainly refrigerated). If this is the case, it's best to have a relationship or start a relationship with a company before you move on with anything. Have a plan, and don't be discouraged, but know the risk you may have. Best advice anyone will say is have a plan!
SOLID VIDEO GIL! Really enjoyed all the information you shared. Would it be possible for you to create and share a follow up document or excel spreadsheet with the total costs for insurance? Maybe share the insurance rates that you're paying from the insurance companies you listed? Also, another great video idea might be on detailing the free CDL grants or scholarships that may be available for new comers to get their CDL and start trucking in various states. I'm about to move to Tampa, FL and would love any recommendations for free CDL grants that may be available. Otherwise I'll be enrolling in CDL school through RoadMaster.
Great effort in sharing insights, but it feels more like advice on how to create a self-employed job rather than a true business. A real business should have systems in place that allow it to run and generate income even when you're not there. It's about building a scalable and sustainable model, not just doing everything yourself. Delegation, automation, and strategic planning are key if you want to build something that can grow beyond just your personal effort.
Thanks for the specific information. No love for the cargo van business people? lol. I’m actually going through that process right now. Build a cargo van business.
This is a very general overview of how to start a trucking company. Most of these topics need to be unpacked at length. But hey it's free and it's a good starting point for anyone that doesn't know anything about the industry.
I'm going to make two points here one. You did not mention about California. California has a spacific requirement that you get their. C.A number, which is basically their M.C. Number. California requires individuals that either have. a terminal or home base in California or come through or go through have a CA number which is the equivalent of an MC. Now.
Are you saying that there is no money to be made in the trucking business? That’s can’t be true, right? You’re just saying that things aren’t as easy as it used to be to be? I’m not in the trucking industry at all so excuse my ignorance
@@curtisthompson4694 The economy sucks. Really sucks. Too much competition and the brokers are taking advantage of owner operators. The good news. Bad trucking companies eent under. But some good ones were drag down with them. Owner operators have been continuosly beating out the mega carriers and forced mega carriers to speed up their governed trucks. The owner ops guys are making the ultimate sacrifice and calling out the insurance companies bullshit.
@@anti-menticide I see. Seems like the “split” isn’t right with the money from the Shipper to the Broker/Carrier. Idk. Just always heard that if you had ur CDL, especially if you had Authority, you would always be able to earn a nice living. In part, because the market is so big. Thanks for the info.
I will be a little biased because I built my own software for my website haha. So I would personally recommend that (Truk.ai) and it's what I'm currently using. Wix and Squarespace are horrible imo. It took me a month to build a nice looking website and funnel on those platforms and something would break every day on it. My Gill22 website is still hosted on Wix but I will be moving that to Truk.ai soon.
Very hard (maybe even impossible) to predict that but it looks like the capacity is dying down now. It seems like by the end of the year, we should be in a better place.
@Gill22 yes.. and a 780 credit score. No accidents... never an insurance claim... very frustrating. I didn't think this step was going to be the one to slow me down... I have bought the truck and trailer outright new mind you... as I wanted to keep my overhead down... I just don't get it.
Sounds good in paper but in reality it’s different I started my box truck company in 2020 and I stared probably worst time possible I’ve seen many small fleets had to go out of business there was times I would only get one load a week it was horrible had to go back to working in little of everything but the company still up it got better but still not how it use to these brokers be the worst
I wish I heard this when I was setting up our company. You made it so simple and detailed. Thank you!!
I really enjoyed this video, it was very thorough and informative. Thanks for the knowledge.
This year I'm gonna start successful trucking channel so I'm gonna take notes, learn the jargon snd create constant road to success content.
Another very valuable piece of the puzzle! Thank you.
Honest and informative man thanks bro please keep giving us more tips I am about starting my own authority.
If I wanted to run my own truck I would personally try to lease on with this guy instead getting my own authority. You need a nerd to get you the best loads possible
I feel offended and honored at the same time. Can't even be mad 🤣
@@Gill22😂
Just a heads up on this video, the logistics industry just got hit with a recession last year, and the company that I'm currently working in barely survived (we handle mainly refrigerated). If this is the case, it's best to have a relationship or start a relationship with a company before you move on with anything. Have a plan, and don't be discouraged, but know the risk you may have. Best advice anyone will say is have a plan!
100% agree with you!
SOLID VIDEO GIL! Really enjoyed all the information you shared. Would it be possible for you to create and share a follow up document or excel spreadsheet with the total costs for insurance? Maybe share the insurance rates that you're paying from the insurance companies you listed?
Also, another great video idea might be on detailing the free CDL grants or scholarships that may be available for new comers to get their CDL and start trucking in various states. I'm about to move to Tampa, FL and would love any recommendations for free CDL grants that may be available. Otherwise I'll be enrolling in CDL school through RoadMaster.
Great effort in sharing insights, but it feels more like advice on how to create a self-employed job rather than a true business. A real business should have systems in place that allow it to run and generate income even when you're not there. It's about building a scalable and sustainable model, not just doing everything yourself. Delegation, automation, and strategic planning are key if you want to build something that can grow beyond just your personal effort.
Great video Gill! I think it’s time for me to start using my CDL. Thanks for the inspiration
I love your videos, I learned so much from them. Thank you 🙏
Thanks for the specific information.
No love for the cargo van business people? lol. I’m actually going through that process right now. Build a cargo van business.
Haha sorry brother I’ll have to make a video on the cargo van business in the near future!
Thanks Gil for the great video and info.
Great video! About to get my cdl and work for a family friends company and would love to hopefully start my own in the future!
Rooting for you boss!
Great video and information Gill 22
This is a very general overview of how to start a trucking company. Most of these topics need to be unpacked at length. But hey it's free and it's a good starting point for anyone that doesn't know anything about the industry.
Yes actually ,I actually have a truck company ,I give out trucks for hiring and Also sell
I'm going to make two points here one. You did not mention about California. California has a spacific requirement that you get their. C.A number, which is basically their M.C. Number. California requires individuals that either have. a terminal or home base in California or come through or go through have a CA number which is the equivalent of an MC. Now.
pls make a vidio about how to find easily own operators
I needed this
Great video very informational and to the point.
Triple salute!!
Just started a box truck company and yeah very rude awakening
If you get in trucking now, you will get a rude awakening.
100%. I mention this in the video so people don't have false expectations.
Are you saying that there is no money to be made in the trucking business? That’s can’t be true, right? You’re just saying that things aren’t as easy as it used to be to be? I’m not in the trucking industry at all so excuse my ignorance
@@curtisthompson4694you just won’t make a decent wage. You can build a company but shouldn’t pay yourself more than 40k US a year
@@curtisthompson4694
The economy sucks. Really sucks.
Too much competition and the brokers are taking advantage of owner operators.
The good news. Bad trucking companies eent under. But some good ones were drag down with them.
Owner operators have been continuosly beating out the mega carriers and forced mega carriers to speed up their governed trucks.
The owner ops guys are making the ultimate sacrifice and calling out the insurance companies bullshit.
@@anti-menticide I see. Seems like the “split” isn’t right with the money from the Shipper to the Broker/Carrier. Idk. Just always heard that if you had ur CDL, especially if you had Authority, you would always be able to earn a nice living. In part, because the market is so big. Thanks for the info.
What website builder would you recommend for a trucking business? I’ve heard of Wix or Squarespace but would love to know what you used!
I will be a little biased because I built my own software for my website haha. So I would personally recommend that (Truk.ai) and it's what I'm currently using.
Wix and Squarespace are horrible imo. It took me a month to build a nice looking website and funnel on those platforms and something would break every day on it.
My Gill22 website is still hosted on Wix but I will be moving that to Truk.ai soon.
This is a very lucrative business, but also I want to also try out new ways I can invest money
When do you think the trucking market will bounce back
Very hard (maybe even impossible) to predict that but it looks like the capacity is dying down now. It seems like by the end of the year, we should be in a better place.
Top video 🔥
Any recommendations for good carrier in california to run my truck with? Please 🙏
Im in the process... trying to get insurance with a new mc authority isnt easy... 54k from progressive is crazy for 1 truck and trailer.
$54k!?!? that is absurd and unusually high. so you have a clean background?
@Gill22 yes.. and a 780 credit score. No accidents... never an insurance claim... very frustrating. I didn't think this step was going to be the one to slow me down... I have bought the truck and trailer outright new mind you... as I wanted to keep my overhead down... I just don't get it.
Did you mention factoring?
no truck, no cdl just a plan
Hey Gurpreet , I’m waiting to be accepted to your Skool community. I’m also growing a GHL agency, can we connect?
Sounds good in paper but in reality it’s different I started my box truck company in 2020 and I stared probably worst time possible I’ve seen many small fleets had to go out of business there was times I would only get one load a week it was horrible had to go back to working in little of everything but the company still up it got better but still not how it use to these brokers be the worst
I'm working a contract with Amazon Relay right now. What's a good contract you recommend?
mcs-150?
Is that applicable for Canada as well?
No, only the US
@@Gill22 Thank you bhai! Great information 🫡